KIO vs. PDI
KIO (KKR Income Opportunities Fund) is Multisector Bonds fund managed by KKR, while PDI (PIMCO Dynamic Income Fund) is a stock. Over the past 10 years, KIO returned 7.21%/yr vs 6.50%/yr for PDI. Their 0.36 correlation means their historical movements had little consistent relationship.
Performance
KIO vs. PDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, KIO achieves a 2.31% return, which is significantly higher than PDI's -1.83% return. Over the past 10 years, KIO has outperformed PDI with an annualized return of 7.21%, while PDI has yielded a comparatively lower 6.50% annualized return.
KIO
- 1D
- -0.09%
- 1M
- -2.13%
- 6M
- 0.38%
- YTD
- 2.31%
- 1Y
- -2.19%
- 3Y*
- 9.61%
- 5Y*
- 3.32%
- 10Y*
- 7.21%
- ALL TIME*
- 5.87%
PDI
- 1D
- -0.50%
- 1M
- -3.40%
- 6M
- -6.40%
- YTD
- -1.83%
- 1Y
- -4.11%
- 3Y*
- 7.98%
- 5Y*
- 2.17%
- 10Y*
- 6.50%
- ALL TIME*
- 9.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.83M | $2.45M | $2.07M | |
| $44.75M | $42.43M | $45.64M |
KIO vs. PDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | 2.31% | -2.49% | 18.45% | 31.53% | -28.25% | 26.82% | 2.04% | 21.92% | -2.53% | 9.68% |
PDI PIMCO Dynamic Income Fund | -1.83% | 11.03% | 17.18% | 11.99% | -16.99% | 7.81% | -9.96% | 22.23% | 7.35% | 18.59% |
Correlation
The correlation between KIO and PDI is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.38 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.44 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2013 | 0.36 |
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
KIO vs. PDI — Risk / Return Rank
KIO
PDI
KIO vs. PDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KKR Income Opportunities Fund (KIO) and PIMCO Dynamic Income Fund (PDI). 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.
| KIO | PDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.15 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 0.94 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.20 | -0.38 | +0.18 |
| Martin ratioReturn relative to average drawdown | -0.43 | -0.71 | +0.28 |
Loading charts...
Drawdowns
KIO vs. PDI - Drawdown Comparison
The maximum KIO drawdown since its inception was -43.87%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for KIO and PDI.
Loading charts...
Drawdown Indicators
| KIO | PDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.87% | -46.47% | +2.60% |
Max Drawdown (1Y)Largest decline over 1 year | -11.01% | -10.95% | -0.06% |
Max Drawdown (3Y)Largest decline over 3 years | -22.85% | -17.55% | -5.30% |
Max Drawdown (5Y)Largest decline over 5 years | -31.87% | -27.19% | -4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -43.87% | -46.47% | +2.60% |
Current DrawdownCurrent decline from peak | -8.92% | -9.50% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -8.08% | -6.23% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.16% | 5.81% | -0.65% |
Volatility
KIO vs. PDI - Volatility Comparison
The current volatility for KKR Income Opportunities Fund (KIO) is 2.61%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 3.07%. This indicates that KIO experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| KIO | PDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.61% | 3.07% | -0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 7.91% | 8.90% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.29% | 11.86% | -1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.19% | 15.59% | -2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.34% | 19.06% | -2.72% |
Dividends
KIO vs. PDI - Dividend Comparison
KIO's dividend yield for the trailing twelve months is around 13.25%, less than PDI's 16.62% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIO KKR Income Opportunities Fund | 13.25% | 12.58% | 10.90% | 11.32% | 11.44% | 7.45% | 10.12% | 9.51% | 10.53% | 9.66% | 9.92% | 10.81% |
PDI PIMCO Dynamic Income Fund | 16.62% | 14.94% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 18.70% |
Frequently Asked Questions
KIO and PDI have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDI has higher volatility (3.07%) compared to KIO (2.61%). In terms of maximum drawdown, KIO dropped -43.87% vs PDI's -46.47%.
KIO currently has the higher Sharpe Ratio (-0.21 vs -0.35), 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 KIO and PDI
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