IQLT vs. PONPX
IQLT (iShares MSCI Intl Quality Factor ETF) and PONPX (PIMCO Income Fund Class I-2) are both funds - IQLT is a Foreign Large Cap Equities fund tracking the MSCI World ex USA Sector Neutral Quality Index (Net), while PONPX is a Total Bond Market fund managed by PIMCO. Over the past 10 years, IQLT returned 10.17%/yr vs 4.60%/yr for PONPX. At a 0.37 correlation, their price movements are largely independent. IQLT charges 0.30%/yr vs 0.72%/yr for PONPX.
Performance
IQLT vs. PONPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IQLT achieves a 9.81% return, which is significantly higher than PONPX's 0.86% return. Over the past 10 years, IQLT has outperformed PONPX with an annualized return of 10.17%, while PONPX has yielded a comparatively lower 4.60% annualized return.
IQLT
- 1D
- 0.04%
- 1M
- 1.57%
- YTD
- 9.81%
- 6M
- 11.22%
- 1Y
- 18.29%
- 3Y*
- 14.25%
- 5Y*
- 7.32%
- 10Y*
- 10.17%
PONPX
- 1D
- 0.56%
- 1M
- 0.90%
- YTD
- 0.86%
- 6M
- 1.73%
- 1Y
- 7.78%
- 3Y*
- 7.58%
- 5Y*
- 3.34%
- 10Y*
- 4.60%
IQLT vs. PONPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 9.81% | 25.42% | 1.54% | 18.73% | -15.22% | 12.94% | 12.48% | 28.18% | -10.76% | 24.04% |
PONPX PIMCO Income Fund Class I-2 | 0.86% | 10.96% | 5.33% | 9.24% | -9.14% | 2.51% | 5.73% | 7.99% | 0.53% | 8.52% |
Correlation
The correlation between IQLT and PONPX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2015 | 0.37 |
The correlation between IQLT and PONPX shifts across timeframes, from 0.37 (all time) to 0.50 (1 year), 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
IQLT vs. PONPX — Risk / Return Rank
IQLT
PONPX
IQLT vs. PONPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares MSCI Intl Quality Factor ETF (IQLT) and PIMCO Income Fund Class I-2 (PONPX). 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.
| IQLT | PONPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.73 | ||
| Sortino ratioReturn per unit of downside risk | -1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.36 | -0.16 |
| Calmar ratioReturn relative to maximum drawdown | 1.63 | 2.10 | -0.47 |
| Martin ratioReturn relative to average drawdown | 6.18 | 7.08 | -0.90 |
Loading charts...
Drawdowns
IQLT vs. PONPX - Drawdown Comparison
The maximum IQLT drawdown since its inception was -32.21%, which is greater than PONPX's maximum drawdown of -13.41%. Use the drawdown chart below to compare losses from any high point for IQLT and PONPX.
Loading charts...
Drawdown Indicators
| IQLT | PONPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.21% | -13.41% | -18.80% |
Max Drawdown (1Y)Largest decline over 1 year | -10.38% | -3.69% | -6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -13.18% | -3.86% | -9.32% |
Max Drawdown (5Y)Largest decline over 5 years | -30.24% | -13.41% | -16.83% |
Max Drawdown (10Y)Largest decline over 10 years | -32.21% | -13.41% | -18.80% |
Current DrawdownCurrent decline from peak | -0.04% | -1.05% | +1.01% |
Average DrawdownAverage peak-to-trough decline | -6.21% | -1.45% | -4.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 1.09% | +1.65% |
Volatility
IQLT vs. PONPX - Volatility Comparison
iShares MSCI Intl Quality Factor ETF (IQLT) has a higher volatility of 5.41% compared to PIMCO Income Fund Class I-2 (PONPX) at 1.67%. This indicates that IQLT's price experiences larger fluctuations and is considered to be riskier than PONPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IQLT | PONPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 1.67% | +3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 12.72% | 3.36% | +9.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.00% | 4.16% | +10.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 4.85% | +11.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.00% | 4.25% | +12.75% |
IQLT vs. PONPX - Expense Ratio Comparison
IQLT has a 0.30% expense ratio, which is lower than PONPX's 0.72% expense ratio.
Dividends
IQLT vs. PONPX - Dividend Comparison
IQLT's dividend yield for the trailing twelve months is around 2.12%, less than PONPX's 5.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQLT iShares MSCI Intl Quality Factor ETF | 2.12% | 2.33% | 2.87% | 2.27% | 3.14% | 2.24% | 1.61% | 2.28% | 2.72% | 2.36% | 2.91% | 2.78% |
PONPX PIMCO Income Fund Class I-2 | 5.73% | 5.91% | 6.16% | 6.11% | 4.89% | 3.92% | 4.78% | 5.73% | 5.56% | 5.27% | 5.42% | 7.77% |
Frequently Asked Questions
IQLT and PONPX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IQLT has higher volatility (5.41%) compared to PONPX (1.67%). In terms of maximum drawdown, IQLT dropped -32.21% vs PONPX's -13.41%.
PONPX currently has the higher Sharpe Ratio (1.86 vs 1.13), 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.
Find the right allocation for IQLT and PONPX
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