EARN.TO vs. PMNT.TO
Compare and contrast key facts about Evolve Active Global Fixed Income Fund (EARN.TO) and PIMCO Global Short Maturity Fund (Canada) (PMNT.TO).
EARN.TO and PMNT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EARN.TO or PMNT.TO.
Correlation
The correlation between EARN.TO and PMNT.TO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
EARN.TO vs. PMNT.TO - Performance Comparison
Key characteristics
EARN.TO:
1.44
PMNT.TO:
2.38
EARN.TO:
2.18
PMNT.TO:
3.63
EARN.TO:
1.33
PMNT.TO:
1.73
EARN.TO:
3.37
PMNT.TO:
7.27
EARN.TO:
15.31
PMNT.TO:
27.83
EARN.TO:
0.44%
PMNT.TO:
0.18%
EARN.TO:
4.69%
PMNT.TO:
2.05%
EARN.TO:
-15.52%
PMNT.TO:
-6.81%
EARN.TO:
-0.53%
PMNT.TO:
-0.57%
Returns By Period
In the year-to-date period, EARN.TO achieves a 0.03% return, which is significantly lower than PMNT.TO's 0.48% return.
EARN.TO
0.03%
0.85%
2.57%
6.70%
2.46%
N/A
PMNT.TO
0.48%
0.32%
2.20%
4.82%
2.38%
N/A
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EARN.TO vs. PMNT.TO - Expense Ratio Comparison
Risk-Adjusted Performance
EARN.TO vs. PMNT.TO — Risk-Adjusted Performance Rank
EARN.TO
PMNT.TO
EARN.TO vs. PMNT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Evolve Active Global Fixed Income Fund (EARN.TO) and PIMCO Global Short Maturity Fund (Canada) (PMNT.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
EARN.TO vs. PMNT.TO - Dividend Comparison
EARN.TO's dividend yield for the trailing twelve months is around 3.68%, less than PMNT.TO's 5.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
EARN.TO Evolve Active Global Fixed Income Fund | 3.68% | 3.67% | 3.14% | 3.63% | 3.87% | 2.99% | 2.92% | 0.27% |
PMNT.TO PIMCO Global Short Maturity Fund (Canada) | 5.46% | 5.49% | 4.93% | 2.60% | 1.17% | 2.68% | 2.09% | 0.00% |
Drawdowns
EARN.TO vs. PMNT.TO - Drawdown Comparison
The maximum EARN.TO drawdown since its inception was -15.52%, which is greater than PMNT.TO's maximum drawdown of -6.81%. Use the drawdown chart below to compare losses from any high point for EARN.TO and PMNT.TO. For additional features, visit the drawdowns tool.
Volatility
EARN.TO vs. PMNT.TO - Volatility Comparison
Evolve Active Global Fixed Income Fund (EARN.TO) and PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) have volatilities of 2.12% and 2.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.