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FITBI vs. PTY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FITBI and PTY is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

FITBI vs. PTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fifth Third Bancorp (FITBI) and PIMCO Corporate & Income Opportunity Fund (PTY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FITBI:

1.39

PTY:

0.55

Sortino Ratio

FITBI:

2.36

PTY:

0.62

Omega Ratio

FITBI:

1.27

PTY:

1.20

Calmar Ratio

FITBI:

2.80

PTY:

0.43

Martin Ratio

FITBI:

7.99

PTY:

2.33

Ulcer Index

FITBI:

1.12%

PTY:

2.82%

Daily Std Dev

FITBI:

6.08%

PTY:

13.38%

Max Drawdown

FITBI:

-34.39%

PTY:

-61.19%

Current Drawdown

FITBI:

-1.32%

PTY:

-7.06%

Returns By Period

In the year-to-date period, FITBI achieves a 2.30% return, which is significantly higher than PTY's -0.72% return. Over the past 10 years, FITBI has underperformed PTY with an annualized return of 5.60%, while PTY has yielded a comparatively higher 9.51% annualized return.


FITBI

YTD

2.30%

1M

1.93%

6M

2.73%

1Y

8.26%

5Y*

5.59%

10Y*

5.60%

PTY

YTD

-0.72%

1M

9.26%

6M

-1.63%

1Y

7.26%

5Y*

9.18%

10Y*

9.51%

*Annualized

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Risk-Adjusted Performance

FITBI vs. PTY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FITBI
The Risk-Adjusted Performance Rank of FITBI is 9191
Overall Rank
The Sharpe Ratio Rank of FITBI is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FITBI is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FITBI is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FITBI is 9696
Calmar Ratio Rank
The Martin Ratio Rank of FITBI is 9393
Martin Ratio Rank

PTY
The Risk-Adjusted Performance Rank of PTY is 6464
Overall Rank
The Sharpe Ratio Rank of PTY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of PTY is 4747
Sortino Ratio Rank
The Omega Ratio Rank of PTY is 8282
Omega Ratio Rank
The Calmar Ratio Rank of PTY is 6060
Calmar Ratio Rank
The Martin Ratio Rank of PTY is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FITBI vs. PTY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fifth Third Bancorp (FITBI) and PIMCO Corporate & Income Opportunity Fund (PTY). 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.


The current FITBI Sharpe Ratio is 1.39, which is higher than the PTY Sharpe Ratio of 0.55. The chart below compares the historical Sharpe Ratios of FITBI and PTY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FITBI vs. PTY - Dividend Comparison

FITBI's dividend yield for the trailing twelve months is around 8.85%, less than PTY's 9.49% yield.


TTM20242023202220212020201920182017201620152014
FITBI
Fifth Third Bancorp
8.85%9.15%6.50%6.75%5.95%5.69%5.77%6.40%5.81%6.08%5.73%6.43%
PTY
PIMCO Corporate & Income Opportunity Fund
9.49%9.93%10.77%13.12%9.16%8.74%8.89%10.63%9.48%11.81%12.67%13.90%

Drawdowns

FITBI vs. PTY - Drawdown Comparison

The maximum FITBI drawdown since its inception was -34.39%, smaller than the maximum PTY drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for FITBI and PTY. For additional features, visit the drawdowns tool.


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Volatility

FITBI vs. PTY - Volatility Comparison

The current volatility for Fifth Third Bancorp (FITBI) is 2.56%, while PIMCO Corporate & Income Opportunity Fund (PTY) has a volatility of 6.29%. This indicates that FITBI experiences smaller price fluctuations and is considered to be less risky than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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