MINT vs. PYLD
MINT (PIMCO Enhanced Short Maturity Active ETF) and PYLD (PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund) are both exchange-traded funds - MINT is a Ultrashort Bond fund actively managed by PIMCO, while PYLD is a Multisector Bonds fund actively managed by PIMCO. Both are actively managed. Over the past year, MINT returned 4.67% vs 7.40% for PYLD. At a 0.06 correlation, their price movements are largely independent. MINT charges 0.36%/yr vs 0.55%/yr for PYLD.
Performance
MINT vs. PYLD - Performance Comparison
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Returns By Period
In the year-to-date period, MINT achieves a 1.81% return, which is significantly higher than PYLD's 0.95% return.
MINT
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 2.20%
- 1Y
- 4.67%
- 3Y*
- 5.41%
- 5Y*
- 3.47%
- 10Y*
- 2.70%
PYLD
- 1D
- -0.23%
- 1M
- 0.53%
- YTD
- 0.95%
- 6M
- 1.31%
- 1Y
- 7.40%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MINT vs. PYLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 1.81% | 4.74% | 5.94% | 3.31% |
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 0.95% | 9.57% | 7.69% | 5.60% |
Correlation
The correlation between MINT and PYLD is 0.01, 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 | 0.01 |
Correlation (All Time) Calculated using the full available price history since Jun 23, 2023 | 0.06 |
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Return for Risk
MINT vs. PYLD — Risk / Return Rank
MINT
PYLD
MINT vs. PYLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ETF (MINT) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). 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.
| MINT | PYLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +14.68 | ||
| Sortino ratioReturn per unit of downside risk | +61.98 | ||
| Omega ratioGain probability vs. loss probability | 20.53 | 1.48 | +19.05 |
| Calmar ratioReturn relative to maximum drawdown | 94.30 | 2.29 | +92.01 |
| Martin ratioReturn relative to average drawdown | 939.26 | 10.44 | +928.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MINT | PYLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 17.09 | 2.42 | +14.68 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 5.99 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.87 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.47 | 2.04 | +0.42 |
Drawdowns
MINT vs. PYLD - Drawdown Comparison
The maximum MINT drawdown since its inception was -4.62%, roughly equal to the maximum PYLD drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for MINT and PYLD.
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Drawdown Indicators
| MINT | PYLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.62% | -4.52% | -0.10% |
Max Drawdown (1Y)Largest decline over 1 year | -0.05% | -3.25% | +3.20% |
Max Drawdown (3Y)Largest decline over 3 years | -0.16% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -2.42% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -4.62% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.44% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -0.17% | -0.65% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.71% | -0.71% |
Volatility
MINT vs. PYLD - Volatility Comparison
The current volatility for PIMCO Enhanced Short Maturity Active ETF (MINT) is 0.09%, while PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a volatility of 1.24%. This indicates that MINT experiences smaller price fluctuations and is considered to be less risky than PYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MINT | PYLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.09% | 1.24% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 0.20% | 2.50% | -2.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.27% | 3.08% | -2.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.58% | 3.99% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.95% | 3.99% | -3.04% |
MINT vs. PYLD - Expense Ratio Comparison
MINT has a 0.36% expense ratio, which is lower than PYLD's 0.55% expense ratio.
Dividends
MINT vs. PYLD - Dividend Comparison
MINT's dividend yield for the trailing twelve months is around 4.28%, less than PYLD's 6.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 6.30% | 6.21% | 6.40% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MINT and PYLD have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PYLD has higher volatility (1.24%) compared to MINT (0.09%). In terms of maximum drawdown, MINT dropped -4.62% vs PYLD's -4.52%.
On 1-year performance, PYLD leads with 7.40% vs 4.67% for MINT. On fees, MINT is cheaper at 0.36% per year. On volatility, MINT has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, PYLD has performed better with a 7.40% return vs 4.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MINT is cheaper with a 0.36% expense ratio, compared with 0.55% for PYLD.
PYLD has the higher dividend yield at 6.30%, compared with 4.28% for MINT.
MINT is categorized as Ultrashort Bond, while PYLD is Multisector Bonds. Their fees differ too: 0.36% for MINT and 0.55% for PYLD.
MINT currently has the higher Sharpe Ratio (17.09 vs 2.42), 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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