PCLAX vs. EIPCX
Compare and contrast key facts about PIMCO CommoditiesPLUS Strategy Fund (PCLAX) and Parametric Commodity Strategy Fund Class I (EIPCX).
PCLAX is managed by PIMCO. It was launched on May 28, 2010. EIPCX is managed by Eaton Vance. It was launched on May 25, 2011.
Performance
PCLAX vs. EIPCX - Performance Comparison
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PCLAX vs. EIPCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCLAX PIMCO CommoditiesPLUS Strategy Fund | 29.30% | 4.13% | 5.76% | -0.14% | 22.73% | 43.18% | -9.67% | 19.19% | -12.47% | 10.30% |
EIPCX Parametric Commodity Strategy Fund Class I | 17.35% | 22.27% | 9.97% | -4.70% | 17.76% | 30.13% | 7.83% | 9.58% | -9.45% | 7.07% |
Returns By Period
In the year-to-date period, PCLAX achieves a 29.30% return, which is significantly higher than EIPCX's 17.35% return. Over the past 10 years, PCLAX has outperformed EIPCX with an annualized return of 12.27%, while EIPCX has yielded a comparatively lower 11.45% annualized return.
PCLAX
- 1D
- -1.07%
- 1M
- 14.89%
- YTD
- 29.30%
- 6M
- 30.11%
- 1Y
- 30.69%
- 3Y*
- 12.98%
- 5Y*
- 16.72%
- 10Y*
- 12.27%
EIPCX
- 1D
- 0.78%
- 1M
- 5.42%
- YTD
- 17.35%
- 6M
- 25.90%
- 1Y
- 33.11%
- 3Y*
- 15.41%
- 5Y*
- 16.38%
- 10Y*
- 11.45%
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PCLAX vs. EIPCX - Expense Ratio Comparison
PCLAX has a 1.19% expense ratio, which is higher than EIPCX's 0.66% expense ratio.
Return for Risk
PCLAX vs. EIPCX — Risk / Return Rank
PCLAX
EIPCX
PCLAX vs. EIPCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO CommoditiesPLUS Strategy Fund (PCLAX) and Parametric Commodity Strategy Fund Class I (EIPCX). 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 | EIPCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.65 | 2.27 | -0.62 |
Sortino ratioReturn per unit of downside risk | 2.17 | 2.86 | -0.68 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.41 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 3.73 | -0.81 |
Martin ratioReturn relative to average drawdown | 8.05 | 13.21 | -5.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PCLAX | EIPCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.65 | 2.27 | -0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 1.12 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.30 | 0.86 | -0.56 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.24 | -0.10 |
Correlation
The correlation between PCLAX and EIPCX is 0.83, 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. EIPCX - Dividend Comparison
PCLAX's dividend yield for the trailing twelve months is around 1.31%, less than EIPCX's 11.36% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCLAX PIMCO CommoditiesPLUS Strategy Fund | 1.31% | 1.20% | 5.20% | 4.58% | 44.24% | 75.67% | 0.45% | 2.07% | 18.31% | 12.18% | 0.09% | 1.77% |
EIPCX Parametric Commodity Strategy Fund Class I | 11.36% | 13.33% | 5.65% | 3.69% | 14.93% | 13.83% | 3.10% | 1.54% | 0.87% | 5.14% | 6.59% | 0.00% |
Drawdowns
PCLAX vs. EIPCX - Drawdown Comparison
The maximum PCLAX drawdown since its inception was -68.19%, which is greater than EIPCX's maximum drawdown of -54.05%. Use the drawdown chart below to compare losses from any high point for PCLAX and EIPCX.
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Drawdown Indicators
| PCLAX | EIPCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.19% | -54.05% | -14.14% |
Max Drawdown (1Y)Largest decline over 1 year | -10.92% | -9.15% | -1.77% |
Max Drawdown (5Y)Largest decline over 5 years | -21.75% | -18.00% | -3.75% |
Max Drawdown (10Y)Largest decline over 10 years | -52.00% | -28.53% | -23.47% |
Current DrawdownCurrent decline from peak | -1.07% | -0.38% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -25.91% | -24.50% | -1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.97% | 2.58% | +1.39% |
Volatility
PCLAX vs. EIPCX - Volatility Comparison
PIMCO CommoditiesPLUS Strategy Fund (PCLAX) has a higher volatility of 10.45% compared to Parametric Commodity Strategy Fund Class I (EIPCX) at 4.39%. This indicates that PCLAX's price experiences larger fluctuations and is considered to be riskier than EIPCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCLAX | EIPCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.45% | 4.39% | +6.06% |
Volatility (6M)Calculated over the trailing 6-month period | 14.79% | 11.78% | +3.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.96% | 14.82% | +4.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.26% | 14.64% | +4.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.64% | 13.30% | +27.34% |