IBTD vs. PIMIX
Compare and contrast key facts about iShares iBonds Dec 2023 Term Treasury ETF (IBTD) and PIMCO Income Fund Institutional Class (PIMIX).
IBTD is a passively managed fund by iShares that tracks the performance of the ICE 2023 Maturity US Treasury Index. It was launched on Feb 25, 2020. 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: IBTD or PIMIX.
Key characteristics
| IBTD | PIMIX |
|---|
Correlation
The correlation between IBTD and PIMIX is 0.12, 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
IBTD vs. PIMIX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBTD vs. PIMIX - Expense Ratio Comparison
IBTD has a 0.07% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
IBTD vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2023 Term Treasury ETF (IBTD) 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
IBTD vs. PIMIX - Dividend Comparison
IBTD has not paid dividends to shareholders, while PIMIX's dividend yield for the trailing twelve months is around 6.28%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBTD iShares iBonds Dec 2023 Term Treasury ETF | 2.91% | 4.25% | 1.72% | 0.25% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PIMIX PIMCO Income Fund Institutional Class | 6.28% | 6.73% | 6.39% | 4.02% | 4.84% | 5.80% | 5.62% | 5.39% | 5.57% | 7.92% | 6.51% | 5.60% |
Drawdowns
IBTD vs. PIMIX - Drawdown Comparison
Volatility
IBTD vs. PIMIX - Volatility Comparison
The current volatility for iShares iBonds Dec 2023 Term Treasury ETF (IBTD) is 0.00%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 2.00%. This indicates that IBTD experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.