IBM vs. PQIPX
IBM (International Business Machines Corporation) is a stock, while PQIPX (PIMCO Dividend and Income Fund) is Global Allocation fund managed by PIMCO. Over the past 10 years, IBM returned 11.09%/yr vs 8.31%/yr for PQIPX. A 0.59 correlation means they provide meaningful diversification when combined.
Performance
IBM vs. PQIPX - Performance Comparison
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Returns By Period
In the year-to-date period, IBM achieves a -6.89% return, which is significantly lower than PQIPX's 8.55% return. Over the past 10 years, IBM has outperformed PQIPX with an annualized return of 11.09%, while PQIPX has yielded a comparatively lower 8.31% annualized return.
IBM
- 1D
- -0.95%
- 1M
- 26.84%
- YTD
- -6.89%
- 6M
- -10.81%
- 1Y
- -0.65%
- 3Y*
- 29.65%
- 5Y*
- 18.01%
- 10Y*
- 11.09%
PQIPX
- 1D
- 1.13%
- 1M
- 1.06%
- YTD
- 8.55%
- 6M
- 7.95%
- 1Y
- 17.81%
- 3Y*
- 13.38%
- 5Y*
- 7.38%
- 10Y*
- 8.31%
IBM vs. PQIPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | -6.89% | 38.23% | 39.27% | 21.85% | 10.64% | 16.65% | -1.16% | 23.58% | -22.56% | -3.99% |
PQIPX PIMCO Dividend and Income Fund | 8.55% | 17.26% | 7.08% | 11.93% | -6.37% | 18.45% | -1.54% | 15.53% | -8.78% | 16.08% |
Correlation
The correlation between IBM and PQIPX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2011 | 0.59 |
Over the past year, the correlation between IBM and PQIPX has dropped to 0.29 - well below their long-term average of 0.59, suggesting their price drivers have been diverging.
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Return for Risk
IBM vs. PQIPX — Risk / Return Rank
IBM
PQIPX
IBM vs. PQIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for International Business Machines Corporation (IBM) and PIMCO Dividend and Income Fund (PQIPX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBM | PQIPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.86 | ||
| Sortino ratioReturn per unit of downside risk | -3.69 | ||
| Omega ratioGain probability vs. loss probability | 1.04 | 1.55 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.02 | 3.67 | -3.69 |
| Martin ratioReturn relative to average drawdown | -0.05 | 15.15 | -15.19 |
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Drawdowns
IBM vs. PQIPX - Drawdown Comparison
The maximum IBM drawdown since its inception was -69.40%, which is greater than PQIPX's maximum drawdown of -33.13%. Use the drawdown chart below to compare losses from any high point for IBM and PQIPX.
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Drawdown Indicators
| IBM | PQIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.40% | -33.13% | -36.27% |
Max Drawdown (1Y)Largest decline over 1 year | -30.96% | -5.06% | -25.90% |
Max Drawdown (3Y)Largest decline over 3 years | -30.96% | -7.69% | -23.27% |
Max Drawdown (5Y)Largest decline over 5 years | -30.96% | -15.81% | -15.15% |
Max Drawdown (10Y)Largest decline over 10 years | -40.59% | -33.13% | -7.46% |
Current DrawdownCurrent decline from peak | -17.31% | 0.00% | -17.31% |
Average DrawdownAverage peak-to-trough decline | -20.12% | -4.89% | -15.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.38% | 1.22% | +13.16% |
Volatility
IBM vs. PQIPX - Volatility Comparison
International Business Machines Corporation (IBM) has a higher volatility of 21.43% compared to PIMCO Dividend and Income Fund (PQIPX) at 2.18%. This indicates that IBM's price experiences larger fluctuations and is considered to be riskier than PQIPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBM | PQIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.43% | 2.18% | +19.25% |
Volatility (6M)Calculated over the trailing 6-month period | 34.62% | 5.38% | +29.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 39.45% | 6.53% | +32.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.16% | 8.62% | +18.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.59% | 12.13% | +14.46% |
Dividends
IBM vs. PQIPX - Dividend Comparison
IBM's dividend yield for the trailing twelve months is around 2.47%, less than PQIPX's 2.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBM International Business Machines Corporation | 2.47% | 2.27% | 3.03% | 4.05% | 4.68% | 4.74% | 5.17% | 4.80% | 5.46% | 3.85% | 3.31% | 3.63% |
PQIPX PIMCO Dividend and Income Fund | 2.81% | 2.05% | 3.02% | 4.35% | 5.51% | 3.96% | 2.69% | 3.79% | 3.73% | 2.69% | 3.46% | 11.08% |
Frequently Asked Questions
IBM and PQIPX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBM has higher volatility (21.43%) compared to PQIPX (2.18%). In terms of maximum drawdown, IBM dropped -69.40% vs PQIPX's -33.13%.
PQIPX currently has the higher Sharpe Ratio (2.84 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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