PAAIX vs. SVSPX
Compare and contrast key facts about PIMCO All Asset Fund (PAAIX) and State Street S&P 500 Index Fund Class N (SVSPX).
PAAIX is managed by PIMCO. It was launched on Nov 5, 2002. SVSPX is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Dec 30, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PAAIX or SVSPX.
Correlation
The correlation between PAAIX and SVSPX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PAAIX vs. SVSPX - Performance Comparison
Key characteristics
PAAIX:
1.43
SVSPX:
0.91
PAAIX:
2.00
SVSPX:
1.20
PAAIX:
1.26
SVSPX:
1.19
PAAIX:
1.46
SVSPX:
0.73
PAAIX:
4.66
SVSPX:
3.38
PAAIX:
1.67%
SVSPX:
3.92%
PAAIX:
5.46%
SVSPX:
14.59%
PAAIX:
-28.22%
SVSPX:
-86.30%
PAAIX:
-0.57%
SVSPX:
-8.38%
Returns By Period
In the year-to-date period, PAAIX achieves a 3.14% return, which is significantly higher than SVSPX's 2.39% return. Over the past 10 years, PAAIX has underperformed SVSPX with an annualized return of 4.84%, while SVSPX has yielded a comparatively higher 5.09% annualized return.
PAAIX
3.14%
2.10%
1.43%
7.59%
5.46%
4.84%
SVSPX
2.39%
-1.10%
-0.62%
10.75%
4.46%
5.09%
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PAAIX vs. SVSPX - Expense Ratio Comparison
PAAIX has a 1.40% expense ratio, which is higher than SVSPX's 0.16% expense ratio.
Risk-Adjusted Performance
PAAIX vs. SVSPX — Risk-Adjusted Performance Rank
PAAIX
SVSPX
PAAIX vs. SVSPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO All Asset Fund (PAAIX) and State Street S&P 500 Index Fund Class N (SVSPX). 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
PAAIX vs. SVSPX - Dividend Comparison
PAAIX's dividend yield for the trailing twelve months is around 5.74%, more than SVSPX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAAIX PIMCO All Asset Fund | 5.74% | 5.92% | 3.54% | 7.68% | 11.90% | 3.56% | 3.32% | 5.50% | 4.48% | 3.61% | 3.93% | 5.05% |
SVSPX State Street S&P 500 Index Fund Class N | 1.22% | 1.25% | 1.52% | 1.69% | 1.66% | 5.53% | 1.74% | 2.65% | 1.78% | 1.42% | 1.96% | 1.76% |
Drawdowns
PAAIX vs. SVSPX - Drawdown Comparison
The maximum PAAIX drawdown since its inception was -28.22%, smaller than the maximum SVSPX drawdown of -86.30%. Use the drawdown chart below to compare losses from any high point for PAAIX and SVSPX. For additional features, visit the drawdowns tool.
Volatility
PAAIX vs. SVSPX - Volatility Comparison
The current volatility for PIMCO All Asset Fund (PAAIX) is 1.41%, while State Street S&P 500 Index Fund Class N (SVSPX) has a volatility of 3.43%. This indicates that PAAIX experiences smaller price fluctuations and is considered to be less risky than SVSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.