MINO vs. PDI
Compare and contrast key facts about PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) and PIMCO Dynamic Income Fund (PDI).
MINO is an actively managed fund by PIMCO. It was launched on Sep 8, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MINO or PDI.
Correlation
The correlation between MINO and PDI is 0.13, 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
MINO vs. PDI - Performance Comparison
Key characteristics
MINO:
0.27
PDI:
0.71
MINO:
0.38
PDI:
0.94
MINO:
1.06
PDI:
1.23
MINO:
0.31
PDI:
0.85
MINO:
1.12
PDI:
3.10
MINO:
1.32%
PDI:
3.98%
MINO:
5.54%
PDI:
17.34%
MINO:
-15.24%
PDI:
-46.47%
MINO:
-3.22%
PDI:
-6.70%
Returns By Period
In the year-to-date period, MINO achieves a -1.28% return, which is significantly lower than PDI's 4.71% return.
MINO
-1.28%
-1.39%
-0.92%
1.70%
N/A
N/A
PDI
4.71%
-6.51%
0.69%
11.54%
8.54%
7.62%
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Risk-Adjusted Performance
MINO vs. PDI — Risk-Adjusted Performance Rank
MINO
PDI
MINO vs. PDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) 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.
Dividends
MINO vs. PDI - Dividend Comparison
MINO's dividend yield for the trailing twelve months is around 3.88%, less than PDI's 14.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINO PIMCO Municipal Income Opportunities Active Exchange-Traded Fund | 3.88% | 3.91% | 3.78% | 2.87% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDI PIMCO Dynamic Income Fund | 14.47% | 14.45% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% |
Drawdowns
MINO vs. PDI - Drawdown Comparison
The maximum MINO drawdown since its inception was -15.24%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for MINO and PDI. For additional features, visit the drawdowns tool.
Volatility
MINO vs. PDI - Volatility Comparison
The current volatility for PIMCO Municipal Income Opportunities Active Exchange-Traded Fund (MINO) is 3.93%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 15.48%. This indicates that MINO 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.