HLGAX vs. PIMIX
Compare and contrast key facts about JPMorgan Government Bond Fund (HLGAX) and PIMCO Income Fund Institutional Class (PIMIX).
HLGAX is managed by JPMorgan Chase. It was launched on Feb 7, 1993. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLGAX or PIMIX.
Correlation
The correlation between HLGAX and PIMIX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HLGAX vs. PIMIX - Performance Comparison
Key characteristics
HLGAX:
0.63
PIMIX:
1.55
HLGAX:
0.93
PIMIX:
2.29
HLGAX:
1.11
PIMIX:
1.30
HLGAX:
0.24
PIMIX:
2.67
HLGAX:
1.53
PIMIX:
6.58
HLGAX:
2.04%
PIMIX:
0.96%
HLGAX:
4.93%
PIMIX:
4.06%
HLGAX:
-17.32%
PIMIX:
-13.39%
HLGAX:
-8.56%
PIMIX:
-0.21%
Returns By Period
The year-to-date returns for both stocks are quite close, with HLGAX having a 0.98% return and PIMIX slightly lower at 0.95%. Over the past 10 years, HLGAX has underperformed PIMIX with an annualized return of 0.81%, while PIMIX has yielded a comparatively higher 4.39% annualized return.
HLGAX
0.98%
1.30%
-0.35%
3.45%
-0.70%
0.81%
PIMIX
0.95%
1.14%
2.24%
6.60%
2.93%
4.39%
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HLGAX vs. PIMIX - Expense Ratio Comparison
HLGAX has a 0.47% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
HLGAX vs. PIMIX — Risk-Adjusted Performance Rank
HLGAX
PIMIX
HLGAX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Government Bond Fund (HLGAX) and PIMCO Income Fund Institutional Class (PIMIX). 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
HLGAX vs. PIMIX - Dividend Comparison
HLGAX's dividend yield for the trailing twelve months is around 2.86%, less than PIMIX's 5.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLGAX JPMorgan Government Bond Fund | 2.86% | 2.85% | 2.77% | 2.12% | 1.50% | 1.69% | 2.37% | 2.62% | 2.36% | 2.43% | 2.58% | 2.80% |
PIMIX PIMCO Income Fund Institutional Class | 5.70% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
Drawdowns
HLGAX vs. PIMIX - Drawdown Comparison
The maximum HLGAX drawdown since its inception was -17.32%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for HLGAX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
HLGAX vs. PIMIX - Volatility Comparison
JPMorgan Government Bond Fund (HLGAX) has a higher volatility of 1.28% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.16%. This indicates that HLGAX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.