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FXIEX vs. VTEAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FXIEX vs. VTEAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Fixed Income SHares: Series TE (FXIEX) and Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX). The values are adjusted to include any dividend payments, if applicable.

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FXIEX vs. VTEAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FXIEX
PIMCO Fixed Income SHares: Series TE
-0.41%3.37%5.16%8.92%-10.89%2.19%7.22%8.45%1.00%7.71%
VTEAX
Vanguard Tax-Exempt Bond Index Fund Admiral Shares
-0.24%3.67%1.63%6.39%-8.21%1.43%4.97%7.45%0.99%4.94%

Returns By Period

In the year-to-date period, FXIEX achieves a -0.41% return, which is significantly lower than VTEAX's -0.24% return. Over the past 10 years, FXIEX has outperformed VTEAX with an annualized return of 2.78%, while VTEAX has yielded a comparatively lower 2.09% annualized return.


FXIEX

1D
0.31%
1M
-1.82%
YTD
-0.41%
6M
0.21%
1Y
2.29%
3Y*
4.75%
5Y*
1.53%
10Y*
2.78%

VTEAX

1D
0.25%
1M
-1.97%
YTD
-0.24%
6M
1.20%
1Y
3.73%
3Y*
2.86%
5Y*
0.89%
10Y*
2.09%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FXIEX vs. VTEAX - Expense Ratio Comparison

FXIEX has a 0.07% expense ratio, which is lower than VTEAX's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

FXIEX vs. VTEAX — Risk / Return Rank

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

FXIEX
FXIEX Risk / Return Rank: 1818
Overall Rank
FXIEX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
FXIEX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FXIEX Omega Ratio Rank: 2424
Omega Ratio Rank
FXIEX Calmar Ratio Rank: 1616
Calmar Ratio Rank
FXIEX Martin Ratio Rank: 1515
Martin Ratio Rank

VTEAX
VTEAX Risk / Return Rank: 4343
Overall Rank
VTEAX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
VTEAX Sortino Ratio Rank: 3636
Sortino Ratio Rank
VTEAX Omega Ratio Rank: 6969
Omega Ratio Rank
VTEAX Calmar Ratio Rank: 3434
Calmar Ratio Rank
VTEAX Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FXIEX vs. VTEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Fixed Income SHares: Series TE (FXIEX) and Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX). 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.


FXIEXVTEAXDifference

Sharpe ratio

Return per unit of total volatility

0.57

0.95

-0.37

Sortino ratio

Return per unit of downside risk

0.82

1.24

-0.42

Omega ratio

Gain probability vs. loss probability

1.15

1.27

-0.12

Calmar ratio

Return relative to maximum drawdown

0.54

0.97

-0.43

Martin ratio

Return relative to average drawdown

1.61

3.22

-1.61

FXIEX vs. VTEAX - Sharpe Ratio Comparison

The current FXIEX Sharpe Ratio is 0.57, which is lower than the VTEAX Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of FXIEX and VTEAX, 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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Sharpe Ratios by Period


FXIEXVTEAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.57

0.95

-0.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.37

0.25

+0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

0.57

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.66

-0.10

Correlation

The correlation between FXIEX and VTEAX is 0.77, 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.


Dividends

FXIEX vs. VTEAX - Dividend Comparison

FXIEX's dividend yield for the trailing twelve months is around 2.03%, less than VTEAX's 3.05% yield.


TTM20252024202320222021202020192018201720162015
FXIEX
PIMCO Fixed Income SHares: Series TE
2.03%2.75%4.53%3.98%3.25%2.63%3.37%3.63%3.79%2.67%0.00%0.00%
VTEAX
Vanguard Tax-Exempt Bond Index Fund Admiral Shares
3.05%3.26%3.36%2.98%2.05%1.60%1.97%2.27%2.24%1.95%1.67%0.59%

Drawdowns

FXIEX vs. VTEAX - Drawdown Comparison

The maximum FXIEX drawdown since its inception was -15.25%, which is greater than VTEAX's maximum drawdown of -12.75%. Use the drawdown chart below to compare losses from any high point for FXIEX and VTEAX.


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Drawdown Indicators


FXIEXVTEAXDifference

Max Drawdown

Largest peak-to-trough decline

-15.25%

-12.75%

-2.50%

Max Drawdown (1Y)

Largest decline over 1 year

-5.11%

-4.50%

-0.61%

Max Drawdown (5Y)

Largest decline over 5 years

-15.25%

-12.75%

-2.50%

Max Drawdown (10Y)

Largest decline over 10 years

-15.25%

-12.75%

-2.50%

Current Drawdown

Current decline from peak

-2.01%

-2.21%

+0.20%

Average Drawdown

Average peak-to-trough decline

-2.92%

-2.28%

-0.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.84%

1.36%

+0.48%

Volatility

FXIEX vs. VTEAX - Volatility Comparison

The current volatility for PIMCO Fixed Income SHares: Series TE (FXIEX) is 1.07%, while Vanguard Tax-Exempt Bond Index Fund Admiral Shares (VTEAX) has a volatility of 1.15%. This indicates that FXIEX experiences smaller price fluctuations and is considered to be less risky than VTEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FXIEXVTEAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.07%

1.15%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

2.33%

1.48%

+0.85%

Volatility (1Y)

Calculated over the trailing 1-year period

5.73%

4.36%

+1.37%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.30%

3.57%

+0.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.07%

3.65%

+0.42%