IGCF.TO vs. PLDI.TO
IGCF.TO (PIMCO Investment Grade Credit Fund (Canada)) and PLDI.TO (PIMCO Low Duration Monthly Income Fund (Canada)) are both exchange-traded funds - IGCF.TO is a Global Corporate Bonds fund actively managed by PIMCO Canada Corp., while PLDI.TO is a Short-Term Bond fund actively managed by PIMCO Canada Corp.. Both are actively managed. Over the past 5 years, IGCF.TO returned -1.32%/yr vs 2.95%/yr for PLDI.TO. At a 0.13 correlation, their price movements are largely independent. IGCF.TO charges 0.83%/yr vs 0.87%/yr for PLDI.TO.
Performance
IGCF.TO vs. PLDI.TO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGCF.TO achieves a -1.65% return, which is significantly lower than PLDI.TO's -0.39% return.
IGCF.TO
- 1D
- -0.12%
- 1M
- -1.47%
- 6M
- -1.83%
- YTD
- -1.65%
- 1Y
- 2.21%
- 3Y*
- 3.39%
- 5Y*
- -1.32%
- 10Y*
- —
- ALL TIME*
- 1.03%
PLDI.TO
- 1D
- -0.27%
- 1M
- -1.07%
- 6M
- -0.28%
- YTD
- -0.39%
- 1Y
- 2.68%
- 3Y*
- 4.89%
- 5Y*
- 2.95%
- 10Y*
- —
- ALL TIME*
- 3.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$11.18K | CA$11.38K | CA$15.05K | |
| CA$140.89K | CA$154.04K | CA$132.61K |
IGCF.TO vs. PLDI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IGCF.TO PIMCO Investment Grade Credit Fund (Canada) | -1.65% | 7.04% | 1.51% | 6.04% | -16.84% | -0.40% | 6.51% | 10.24% |
PLDI.TO PIMCO Low Duration Monthly Income Fund (Canada) | -0.39% | 6.61% | 5.93% | 5.62% | -2.88% | 2.21% | 3.11% | 4.33% |
Correlation
The correlation between IGCF.TO and PLDI.TO is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Feb 8, 2019 | 0.13 |
The correlation between IGCF.TO and PLDI.TO shifts across timeframes, from 0.00 (1 year) to 0.14 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGCF.TO vs. PLDI.TO — Risk / Return Rank
IGCF.TO
PLDI.TO
IGCF.TO vs. PLDI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Fund (Canada) (IGCF.TO) and PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.TO). 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.
| IGCF.TO | PLDI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.11 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 1.32 | -0.92 |
| Martin ratioReturn relative to average drawdown | 1.00 | 3.91 | -2.91 |
Loading charts...
Drawdowns
IGCF.TO vs. PLDI.TO - Drawdown Comparison
The maximum IGCF.TO drawdown since its inception was -22.91%, which is greater than PLDI.TO's maximum drawdown of -6.86%. Use the drawdown chart below to compare losses from any high point for IGCF.TO and PLDI.TO.
Loading charts...
Drawdown Indicators
| IGCF.TO | PLDI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -6.86% | -16.05% |
Max Drawdown (1Y)Largest decline over 1 year | -3.75% | -2.03% | -1.72% |
Max Drawdown (3Y)Largest decline over 3 years | -6.40% | -2.55% | -3.85% |
Max Drawdown (5Y)Largest decline over 5 years | -22.50% | -5.56% | -16.94% |
Current DrawdownCurrent decline from peak | -7.44% | -1.18% | -6.26% |
Average DrawdownAverage peak-to-trough decline | -7.45% | -1.05% | -6.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 0.69% | +0.84% |
Volatility
IGCF.TO vs. PLDI.TO - Volatility Comparison
The current volatility for PIMCO Investment Grade Credit Fund (Canada) (IGCF.TO) is 0.87%, while PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.TO) has a volatility of 1.11%. This indicates that IGCF.TO experiences smaller price fluctuations and is considered to be less risky than PLDI.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGCF.TO | PLDI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 1.11% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.32% | 3.51% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.72% | 4.59% | +1.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.04% | 4.18% | +5.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.13% | 4.24% | +5.89% |
IGCF.TO vs. PLDI.TO - Expense Ratio Comparison
IGCF.TO has a 0.83% expense ratio, which is lower than PLDI.TO's 0.87% expense ratio.
Dividends
IGCF.TO vs. PLDI.TO - Dividend Comparison
IGCF.TO's dividend yield for the trailing twelve months is around 3.07%, less than PLDI.TO's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
IGCF.TO PIMCO Investment Grade Credit Fund (Canada) | 3.07% | 3.81% | 4.51% | 3.82% | 4.31% | 2.50% | 2.41% | 3.22% | 4.22% | 0.54% |
PLDI.TO PIMCO Low Duration Monthly Income Fund (Canada) | 3.56% | 4.36% | 7.04% | 5.80% | 3.29% | 2.04% | 4.78% | 2.50% | 0.00% | 0.00% |
Frequently Asked Questions
IGCF.TO and PLDI.TO have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGCF.TO is cheaper at 0.83% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGCF.TO is cheaper with a 0.83% expense ratio, compared with 0.87% for PLDI.TO.
IGCF.TO is categorized as Global Corporate Bonds, while PLDI.TO is Short-Term Bond. Their fees differ too: 0.83% for IGCF.TO and 0.87% for PLDI.TO.
Find the right allocation for IGCF.TO and PLDI.TO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer