PCLAX vs. BRCAX
Compare and contrast key facts about PIMCO CommoditiesPLUS Strategy Fund (PCLAX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX).
PCLAX is managed by PIMCO. It was launched on May 28, 2010. BRCAX is managed by Invesco. It was launched on Nov 30, 2010.
Performance
PCLAX vs. BRCAX - Performance Comparison
Loading graphics...
PCLAX vs. BRCAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCLAX PIMCO CommoditiesPLUS Strategy Fund | 30.70% | 4.13% | 5.76% | -0.14% | 22.73% | 43.18% | -9.67% | 19.19% | -12.47% | 10.30% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 27.94% | 18.41% | 5.47% | -3.44% | 7.77% | 19.18% | 7.75% | 4.20% | -12.18% | 4.49% |
Returns By Period
In the year-to-date period, PCLAX achieves a 30.70% return, which is significantly higher than BRCAX's 27.94% return. Over the past 10 years, PCLAX has outperformed BRCAX with an annualized return of 12.39%, while BRCAX has yielded a comparatively lower 8.46% annualized return.
PCLAX
- 1D
- 0.72%
- 1M
- 19.09%
- YTD
- 30.70%
- 6M
- 31.51%
- 1Y
- 32.30%
- 3Y*
- 13.39%
- 5Y*
- 17.29%
- 10Y*
- 12.39%
BRCAX
- 1D
- 0.84%
- 1M
- 11.88%
- YTD
- 27.94%
- 6M
- 36.77%
- 1Y
- 42.90%
- 3Y*
- 16.42%
- 5Y*
- 13.17%
- 10Y*
- 8.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PCLAX vs. BRCAX - Expense Ratio Comparison
PCLAX has a 1.19% expense ratio, which is lower than BRCAX's 1.40% expense ratio.
Return for Risk
PCLAX vs. BRCAX — Risk / Return Rank
PCLAX
BRCAX
PCLAX vs. BRCAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO CommoditiesPLUS Strategy Fund (PCLAX) and Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX). 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.
| PCLAX | BRCAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.81 | 2.58 | -0.77 |
Sortino ratioReturn per unit of downside risk | 2.35 | 3.11 | -0.75 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.48 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 3.09 | 4.74 | -1.65 |
Martin ratioReturn relative to average drawdown | 8.51 | 15.98 | -7.47 |
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
| PCLAX | BRCAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.81 | 2.58 | -0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.90 | 0.85 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.60 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.16 | -0.02 |
Correlation
The correlation between PCLAX and BRCAX is 0.82, 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
PCLAX vs. BRCAX - Dividend Comparison
PCLAX's dividend yield for the trailing twelve months is around 1.29%, less than BRCAX's 10.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCLAX PIMCO CommoditiesPLUS Strategy Fund | 1.29% | 1.20% | 5.20% | 4.58% | 44.24% | 75.67% | 0.45% | 2.07% | 18.31% | 12.18% | 0.09% | 1.77% |
BRCAX Invesco Balanced-Risk Commodity Strategy Fund Class A | 10.95% | 14.02% | 4.85% | 3.80% | 9.98% | 16.92% | 0.00% | 0.89% | 0.17% | 0.00% | 2.58% | 0.00% |
Drawdowns
PCLAX vs. BRCAX - Drawdown Comparison
The maximum PCLAX drawdown since its inception was -68.19%, which is greater than BRCAX's maximum drawdown of -60.98%. Use the drawdown chart below to compare losses from any high point for PCLAX and BRCAX.
Loading graphics...
Drawdown Indicators
| PCLAX | BRCAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.19% | -60.98% | -7.21% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -9.22% | -1.70% |
Max Drawdown (5Y)Largest decline over 5 years | -21.75% | -20.66% | -1.09% |
Max Drawdown (10Y)Largest decline over 10 years | -52.00% | -38.44% | -13.56% |
Current DrawdownCurrent decline from peak | 0.00% | -0.12% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -25.92% | -28.81% | +2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 2.74% | +1.22% |
Volatility
PCLAX vs. BRCAX - Volatility Comparison
PIMCO CommoditiesPLUS Strategy Fund (PCLAX) has a higher volatility of 10.44% compared to Invesco Balanced-Risk Commodity Strategy Fund Class A (BRCAX) at 7.20%. This indicates that PCLAX's price experiences larger fluctuations and is considered to be riskier than BRCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PCLAX | BRCAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.44% | 7.20% | +3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 14.74% | 14.88% | -0.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.96% | 17.16% | +1.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.25% | 15.64% | +3.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.64% | 14.27% | +26.37% |