PAUIX vs. VTI

Last updated Jun 23, 2026

PAUIX (PIMCO All Asset All Authority Fund) and VTI (Vanguard Total Stock Market ETF) are both funds - PAUIX is a Tactical Allocation fund managed by PIMCO, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 10 years, PAUIX returned 4.77%/yr vs 15.31%/yr for VTI. At a 0.28 correlation, their price movements are largely independent. PAUIX charges 0.21%/yr vs 0.03%/yr for VTI.

Performance

PAUIX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO All Asset All Authority Fund (PAUIX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PAUIX achieves a 7.43% return, which is significantly lower than VTI's 10.35% return. Over the past 10 years, PAUIX has underperformed VTI with an annualized return of 4.77%, while VTI has yielded a comparatively higher 15.31% annualized return.

PAUIX

• 1D: -0.14%
• 1M: 0.23%
• YTD: 7.43%
• 6M: 7.90%
• 1Y: 17.26%
• 3Y*: 8.20%
• 5Y*: 2.77%
• 10Y*: 4.77%

VTI

• 1D: -0.32%
• 1M: 0.55%
• YTD: 10.35%
• 6M: 9.59%
• 1Y: 27.18%
• 3Y*: 21.19%
• 5Y*: 12.36%
• 10Y*: 15.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PAUIX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PAUIX PIMCO All Asset All Authority Fund	7.43%	14.15%	1.06%	6.35%	-15.65%	15.55%	4.58%	7.62%	-6.14%	12.05%
VTI Vanguard Total Stock Market ETF	10.35%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	21.21%

Correlation

The correlation between PAUIX and VTI is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.42
Correlation (5Y) Calculated over the trailing 5-year period	0.50
Correlation (10Y) Calculated over the trailing 10-year period	0.39
Correlation (All Time) Calculated using the full available price history since Nov 3, 2003	0.28

Over the past year, PAUIX and VTI have become more correlated (0.50) than their long-term average of 0.28, meaning their price movements have been converging.

Return for Risk

PAUIX vs. VTI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PAUIX

PAUIX Risk / Return Rank: 73
PAUIX Sharpe Ratio Rank: 85
PAUIX Sortino Ratio Rank: 82
PAUIX Omega Ratio Rank: 79
PAUIX Calmar Ratio Rank: 60
PAUIX Martin Ratio Rank: 59

VTI

VTI Risk / Return Rank: 68
VTI Sharpe Ratio Rank: 68
VTI Sortino Ratio Rank: 66
VTI Omega Ratio Rank: 67
VTI Calmar Ratio Rank: 64
VTI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PAUIX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO All Asset All Authority Fund (PAUIX) and Vanguard Total Stock Market ETF (VTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PAUIX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	2.55	2.14	+0.41
Sortino ratio: Return per unit of downside risk	3.57	2.90	+0.68
Omega ratio: Gain probability vs. loss probability	1.47	1.38	+0.09
Calmar ratio: Return relative to maximum drawdown	2.85	3.06	-0.21
Martin ratio: Return relative to average drawdown	10.99	13.68	-2.68

PAUIX vs. VTI - Sharpe Ratio Comparison

The current PAUIX Sharpe Ratio is 2.55, which is comparable to the VTI Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of PAUIX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PAUIX vs. VTI - Drawdown Comparison

The maximum PAUIX drawdown since its inception was -26.84%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for PAUIX and VTI.

Drawdown Indicators

	PAUIX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-26.84%	-55.45%	+28.61%
Max Drawdown (1Y) Largest decline over 1 year	-6.05%	-8.92%	+2.87%
Max Drawdown (3Y) Largest decline over 3 years	-8.54%	-19.30%	+10.76%
Max Drawdown (5Y) Largest decline over 5 years	-26.15%	-25.36%	-0.79%
Max Drawdown (10Y) Largest decline over 10 years	-26.84%	-35.00%	+8.16%
Current Drawdown Current decline from peak	-1.10%	-1.48%	+0.38%
Average Drawdown Average peak-to-trough decline	-5.90%	-8.01%	+2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	1.99%	-0.43%

Volatility

PAUIX vs. VTI - Volatility Comparison

The current volatility for PIMCO All Asset All Authority Fund (PAUIX) is 2.19%, while Vanguard Total Stock Market ETF (VTI) has a volatility of 4.74%. This indicates that PAUIX experiences smaller price fluctuations and is considered to be less risky than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PAUIX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.19%	4.74%	-2.55%
Volatility (6M) Calculated over the trailing 6-month period	5.37%	9.96%	-4.59%
Volatility (1Y) Calculated over the trailing 1-year period	6.76%	12.76%	-6.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.62%	17.49%	-7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.98%	18.35%	-9.37%

PAUIX vs. VTI - Expense Ratio Comparison

PAUIX has a 0.21% expense ratio, which is higher than VTI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PAUIX vs. VTI - Dividend Comparison

PAUIX's dividend yield for the trailing twelve months is around 8.15%, more than VTI's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PAUIX PIMCO All Asset All Authority Fund	8.15%	6.10%	2.64%	3.97%	9.98%	15.46%	4.47%	2.89%	5.74%	5.28%	3.62%	5.54%
VTI Vanguard Total Stock Market ETF	1.02%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both PAUIX and VTI in my portfolio?

PAUIX and VTI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PAUIX or VTI?

VTI has higher volatility (4.74%) compared to PAUIX (2.19%). In terms of maximum drawdown, PAUIX dropped -26.84% vs VTI's -55.45%.

Which has better risk-adjusted returns?

PAUIX currently has the higher Sharpe Ratio (2.55 vs 2.14), 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.