ICSIX vs. PAAIX
ICSIX (Dynamic U.S. Opportunity Fund) and PAAIX (PIMCO All Asset Fund) are both Tactical Allocation funds. Over the past 10 years, ICSIX returned 10.66%/yr vs 6.71%/yr for PAAIX. Their 0.61 correlation means they have sometimes moved together and sometimes differently. ICSIX charges 1.24%/yr vs 1.40%/yr for PAAIX.
Performance
ICSIX vs. PAAIX - Performance Comparison
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Returns By Period
In the year-to-date period, ICSIX achieves a 5.39% return, which is significantly lower than PAAIX's 9.50% return. Over the past 10 years, ICSIX has outperformed PAAIX with an annualized return of 10.66%, while PAAIX has yielded a comparatively lower 6.71% annualized return.
ICSIX
- 1D
- 0.41%
- 1M
- -0.88%
- 6M
- 3.31%
- YTD
- 5.39%
- 1Y
- 13.74%
- 3Y*
- 10.91%
- 5Y*
- 8.21%
- 10Y*
- 10.66%
- ALL TIME*
- 8.33%
PAAIX
- 1D
- -0.08%
- 1M
- 0.49%
- 6M
- 6.43%
- YTD
- 9.50%
- 1Y
- 17.62%
- 3Y*
- 9.50%
- 5Y*
- 4.76%
- 10Y*
- 6.71%
- ALL TIME*
- 6.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
PAAIX PIMCO All Asset Fund | $0.00 | $0.00 | $0.00 |
ICSIX vs. PAAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICSIX Dynamic U.S. Opportunity Fund | 5.39% | 16.41% | 8.16% | 16.05% | -7.52% | 16.14% | 18.73% | 25.95% | -11.12% | 15.19% |
PAAIX PIMCO All Asset Fund | 9.50% | 13.20% | 4.12% | 8.19% | -11.52% | 15.61% | 8.38% | 12.21% | -4.97% | 13.99% |
Correlation
The correlation between ICSIX and PAAIX is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (3Y) Balances recent behavior with more history. | 0.64 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Dec 30, 2011 | 0.61 |
The correlation between ICSIX and PAAIX has been stable across timeframes, ranging from 0.60 to 0.67 - a consistent structural relationship.
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Return for Risk
ICSIX vs. PAAIX — Risk / Return Rank
ICSIX
PAAIX
ICSIX vs. PAAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dynamic U.S. Opportunity Fund (ICSIX) and PIMCO All Asset Fund (PAAIX). 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.
| ICSIX | PAAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -2.77 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.58 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 3.69 | -1.88 |
| Martin ratioReturn relative to average drawdown | 7.31 | 14.73 | -7.43 |
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Drawdowns
ICSIX vs. PAAIX - Drawdown Comparison
The maximum ICSIX drawdown since its inception was -25.63%, smaller than the maximum PAAIX drawdown of -27.59%. Use the drawdown chart below to compare losses from any high point for ICSIX and PAAIX.
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Drawdown Indicators
| ICSIX | PAAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.63% | -27.59% | +1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -6.73% | -4.87% | -1.86% |
Max Drawdown (3Y)Largest decline over 3 years | -24.90% | -7.52% | -17.38% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -19.83% | -5.07% |
Max Drawdown (10Y)Largest decline over 10 years | -25.63% | -22.64% | -2.99% |
Current DrawdownCurrent decline from peak | -1.34% | -0.33% | -1.01% |
Average DrawdownAverage peak-to-trough decline | -3.21% | -3.75% | +0.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.67% | 1.22% | +0.45% |
Volatility
ICSIX vs. PAAIX - Volatility Comparison
Dynamic U.S. Opportunity Fund (ICSIX) has a higher volatility of 2.33% compared to PIMCO All Asset Fund (PAAIX) at 1.08%. This indicates that ICSIX's price experiences larger fluctuations and is considered to be riskier than PAAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICSIX | PAAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.33% | 1.08% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 7.75% | 4.73% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.61% | 5.95% | +4.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.51% | 7.76% | +8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.58% | 7.74% | +7.84% |
ICSIX vs. PAAIX - Expense Ratio Comparison
ICSIX has a 1.24% expense ratio, which is lower than PAAIX's 1.40% expense ratio.
Dividends
ICSIX vs. PAAIX - Dividend Comparison
ICSIX's dividend yield for the trailing twelve months is around 18.16%, more than PAAIX's 8.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ICSIX Dynamic U.S. Opportunity Fund | 18.16% | 19.13% | 19.10% | 0.97% | 2.55% | 5.47% | 5.78% | 0.49% | 12.55% | 2.50% | 4.76% | 2.22% |
PAAIX PIMCO All Asset Fund | 8.04% | 7.12% | 5.92% | 3.20% | 7.68% | 11.90% | 3.56% | 3.33% | 5.50% | 4.48% | 3.60% | 3.93% |
Frequently Asked Questions
ICSIX and PAAIX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICSIX has higher volatility (2.33%) compared to PAAIX (1.08%). In terms of maximum drawdown, ICSIX dropped -25.63% vs PAAIX's -27.59%.
PAAIX currently has the higher Sharpe Ratio (3.04 vs 1.15), 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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