PBDCX vs. SPY
Compare and contrast key facts about PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) and SPDR S&P 500 ETF (SPY).
PBDCX is managed by PIMCO. It was launched on Sep 3, 2004. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBDCX or SPY.
Correlation
The correlation between PBDCX and SPY is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PBDCX vs. SPY - Performance Comparison
Key characteristics
PBDCX:
1.20
SPY:
0.51
PBDCX:
1.77
SPY:
0.86
PBDCX:
1.21
SPY:
1.13
PBDCX:
0.42
SPY:
0.55
PBDCX:
3.36
SPY:
2.26
PBDCX:
2.00%
SPY:
4.55%
PBDCX:
5.59%
SPY:
20.08%
PBDCX:
-23.92%
SPY:
-55.19%
PBDCX:
-10.02%
SPY:
-9.89%
Returns By Period
In the year-to-date period, PBDCX achieves a 1.88% return, which is significantly higher than SPY's -5.76% return. Over the past 10 years, PBDCX has underperformed SPY with an annualized return of 1.11%, while SPY has yielded a comparatively higher 12.16% annualized return.
PBDCX
1.88%
-0.27%
1.19%
7.08%
-0.50%
1.11%
SPY
-5.76%
-0.90%
-4.30%
9.72%
15.76%
12.16%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PBDCX vs. SPY - Expense Ratio Comparison
PBDCX has a 2.19% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PBDCX vs. SPY — Risk-Adjusted Performance Rank
PBDCX
SPY
PBDCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) and SPDR S&P 500 ETF (SPY). 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
PBDCX vs. SPY - Dividend Comparison
PBDCX's dividend yield for the trailing twelve months is around 3.32%, more than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBDCX PIMCO Investment Grade Credit Bond Fund Class C | 3.32% | 3.22% | 2.69% | 3.17% | 2.52% | 2.31% | 2.81% | 2.89% | 2.56% | 2.77% | 3.78% | 2.78% |
SPY SPDR S&P 500 ETF | 1.30% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PBDCX vs. SPY - Drawdown Comparison
The maximum PBDCX drawdown since its inception was -23.92%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PBDCX and SPY. For additional features, visit the drawdowns tool.
Volatility
PBDCX vs. SPY - Volatility Comparison
The current volatility for PIMCO Investment Grade Credit Bond Fund Class C (PBDCX) is 2.57%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.12%. This indicates that PBDCX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.