PAIPX vs. CUSDX
Compare and contrast key facts about PIMCO Short Asset Investment Fund (PAIPX) and Six Circles Ultra Short Duration Fund (CUSDX).
PAIPX is managed by PIMCO. It was launched on May 31, 2012. CUSDX is managed by Six Circles. It was launched on Jul 9, 2018.
Performance
PAIPX vs. CUSDX - Performance Comparison
Loading graphics...
PAIPX vs. CUSDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PAIPX PIMCO Short Asset Investment Fund | 0.67% | 4.83% | 5.93% | 4.55% | -0.00% | -0.19% | 1.12% | 2.56% | 0.91% |
CUSDX Six Circles Ultra Short Duration Fund | 0.25% | 3.64% | 5.96% | 5.13% | -0.64% | 0.04% | 2.06% | 0.87% | -0.30% |
Returns By Period
In the year-to-date period, PAIPX achieves a 0.67% return, which is significantly higher than CUSDX's 0.25% return.
PAIPX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.67%
- 6M
- 1.91%
- 1Y
- 4.37%
- 3Y*
- 4.98%
- 5Y*
- 3.14%
- 10Y*
- 2.44%
CUSDX
- 1D
- -0.30%
- 1M
- -0.40%
- YTD
- 0.25%
- 6M
- 1.42%
- 1Y
- 4.00%
- 3Y*
- 4.55%
- 5Y*
- 2.81%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PAIPX vs. CUSDX - Expense Ratio Comparison
PAIPX has a 0.45% expense ratio, which is higher than CUSDX's 0.18% expense ratio.
Return for Risk
PAIPX vs. CUSDX — Risk / Return Rank
PAIPX
CUSDX
PAIPX vs. CUSDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Short Asset Investment Fund (PAIPX) and Six Circles Ultra Short Duration Fund (CUSDX). 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.
| PAIPX | CUSDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.70 | 4.10 | -0.40 |
Sortino ratioReturn per unit of downside risk | 18.97 | 6.47 | +12.50 |
Omega ratioGain probability vs. loss probability | 8.71 | 3.17 | +5.54 |
Calmar ratioReturn relative to maximum drawdown | 23.60 | 7.39 | +16.21 |
Martin ratioReturn relative to average drawdown | 95.25 | 33.07 | +62.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PAIPX | CUSDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.70 | 4.10 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.91 | 2.77 | -0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.83 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.70 | 2.26 | -0.56 |
Correlation
The correlation between PAIPX and CUSDX is 0.14, 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.
Dividends
PAIPX vs. CUSDX - Dividend Comparison
PAIPX's dividend yield for the trailing twelve months is around 3.76%, less than CUSDX's 3.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAIPX PIMCO Short Asset Investment Fund | 3.76% | 4.29% | 5.04% | 4.04% | 1.21% | 0.31% | 1.00% | 2.53% | 2.28% | 1.81% | 1.21% | 0.78% |
CUSDX Six Circles Ultra Short Duration Fund | 3.94% | 3.28% | 4.76% | 3.25% | 1.70% | 0.84% | 1.63% | 0.67% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PAIPX vs. CUSDX - Drawdown Comparison
The maximum PAIPX drawdown since its inception was -3.49%, which is greater than CUSDX's maximum drawdown of -1.99%. Use the drawdown chart below to compare losses from any high point for PAIPX and CUSDX.
Loading graphics...
Drawdown Indicators
| PAIPX | CUSDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.49% | -1.99% | -1.50% |
Max Drawdown (1Y)Largest decline over 1 year | -0.20% | -0.40% | +0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -1.64% | -1.99% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -3.49% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.40% | +0.40% |
Average DrawdownAverage peak-to-trough decline | -0.15% | -0.25% | +0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.05% | 0.11% | -0.06% |
Volatility
PAIPX vs. CUSDX - Volatility Comparison
The current volatility for PIMCO Short Asset Investment Fund (PAIPX) is 0.00%, while Six Circles Ultra Short Duration Fund (CUSDX) has a volatility of 0.40%. This indicates that PAIPX experiences smaller price fluctuations and is considered to be less risky than CUSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PAIPX | CUSDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.40% | -0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 0.85% | 0.80% | +0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.30% | 0.99% | +0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.65% | 1.02% | +0.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.34% | 0.96% | +0.38% |