MOFIX vs. PDIIX
Compare and contrast key facts about Mercer Opportunistic Fixed Income Fund (MOFIX) and PIMCO Diversified Income Fund (PDIIX).
MOFIX is managed by Mercer Funds. It was launched on Aug 20, 2013. PDIIX is managed by PIMCO. It was launched on Jul 30, 2003.
Performance
MOFIX vs. PDIIX - Performance Comparison
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MOFIX vs. PDIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
MOFIX Mercer Opportunistic Fixed Income Fund | -2.95% | 8.60% | 2.23% | 12.22% | -11.57% | -1.15% | 5.31% | 3.18% |
PDIIX PIMCO Diversified Income Fund | -1.80% | 10.42% | 6.38% | 10.41% | -14.70% | 0.42% | 6.43% | 6.72% |
Returns By Period
In the year-to-date period, MOFIX achieves a -2.95% return, which is significantly lower than PDIIX's -1.80% return.
MOFIX
- 1D
- 0.12%
- 1M
- -2.83%
- YTD
- -2.95%
- 6M
- -2.34%
- 1Y
- 3.22%
- 3Y*
- 5.07%
- 5Y*
- 1.68%
- 10Y*
- —
PDIIX
- 1D
- 0.20%
- 1M
- -3.35%
- YTD
- -1.80%
- 6M
- 0.36%
- 1Y
- 6.29%
- 3Y*
- 7.47%
- 5Y*
- 2.28%
- 10Y*
- 4.34%
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MOFIX vs. PDIIX - Expense Ratio Comparison
MOFIX has a 0.44% expense ratio, which is lower than PDIIX's 0.75% expense ratio.
Return for Risk
MOFIX vs. PDIIX — Risk / Return Rank
MOFIX
PDIIX
MOFIX vs. PDIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mercer Opportunistic Fixed Income Fund (MOFIX) and PIMCO Diversified Income Fund (PDIIX). 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.
| MOFIX | PDIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.72 | -0.73 |
Sortino ratioReturn per unit of downside risk | 1.30 | 2.44 | -1.14 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.34 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 1.90 | -0.92 |
Martin ratioReturn relative to average drawdown | 4.05 | 7.98 | -3.93 |
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
| MOFIX | PDIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.72 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.47 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.29 | 1.20 | -0.90 |
Correlation
The correlation between MOFIX and PDIIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
MOFIX vs. PDIIX - Dividend Comparison
MOFIX's dividend yield for the trailing twelve months is around 3.42%, less than PDIIX's 5.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MOFIX Mercer Opportunistic Fixed Income Fund | 3.42% | 3.32% | 6.91% | 6.44% | 3.81% | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDIIX PIMCO Diversified Income Fund | 5.14% | 5.42% | 5.21% | 4.66% | 3.91% | 3.65% | 3.68% | 5.04% | 4.46% | 4.84% | 4.94% | 7.68% |
Drawdowns
MOFIX vs. PDIIX - Drawdown Comparison
The maximum MOFIX drawdown since its inception was -19.96%, smaller than the maximum PDIIX drawdown of -21.96%. Use the drawdown chart below to compare losses from any high point for MOFIX and PDIIX.
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Drawdown Indicators
| MOFIX | PDIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.96% | -21.96% | +2.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.52% | -3.55% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -19.00% | -20.50% | +1.50% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.50% | — |
Current DrawdownCurrent decline from peak | -3.40% | -3.35% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -5.27% | -2.83% | -2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 0.85% | +0.01% |
Volatility
MOFIX vs. PDIIX - Volatility Comparison
The current volatility for Mercer Opportunistic Fixed Income Fund (MOFIX) is 1.42%, while PIMCO Diversified Income Fund (PDIIX) has a volatility of 1.72%. This indicates that MOFIX experiences smaller price fluctuations and is considered to be less risky than PDIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MOFIX | PDIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.42% | 1.72% | -0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.12% | 2.52% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.97% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 4.93% | +2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.25% | 4.86% | +2.39% |