PCN vs. PDI
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Dynamic Income Fund (PDI).
PCN is managed by PIMCO. It was launched on Dec 20, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCN or PDI.
Key characteristics
| PCN | PDI | |
|---|---|---|
| YTD Return | 22.50% | 23.13% |
| 1Y Return | 27.41% | 33.43% |
| 3Y Return (Ann) | 0.92% | 4.03% |
| 5Y Return (Ann) | 3.22% | 2.03% |
| 10Y Return (Ann) | 8.32% | 7.81% |
| Sharpe Ratio | 2.21 | 2.87 |
| Sortino Ratio | 2.63 | 3.38 |
| Omega Ratio | 1.52 | 1.68 |
| Calmar Ratio | 1.19 | 1.50 |
| Martin Ratio | 6.69 | 16.67 |
| Ulcer Index | 3.94% | 1.84% |
| Daily Std Dev | 11.90% | 10.68% |
| Max Drawdown | -61.14% | -46.47% |
| Current Drawdown | -1.51% | -4.46% |
Correlation
The correlation between PCN and PDI is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PCN vs. PDI - Performance Comparison
The year-to-date returns for both investments are quite close, with PCN having a 22.50% return and PDI slightly higher at 23.13%. Over the past 10 years, PCN has outperformed PDI with an annualized return of 8.32%, while PDI has yielded a comparatively lower 7.81% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
PCN vs. PDI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) and PIMCO Dynamic Income Fund (PDI). 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
PCN vs. PDI - Dividend Comparison
PCN's dividend yield for the trailing twelve months is around 9.78%, less than PDI's 13.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCN PIMCO Corporate & Income Strategy Fund | 9.78% | 10.93% | 12.71% | 7.93% | 7.87% | 7.41% | 9.64% | 7.88% | 12.02% | 10.27% | 11.31% | 14.59% |
PDI PIMCO Dynamic Income Fund | 13.60% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% | 11.59% |
Drawdowns
PCN vs. PDI - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.14%, which is greater than PDI's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for PCN and PDI. For additional features, visit the drawdowns tool.
Volatility
PCN vs. PDI - Volatility Comparison
The current volatility for PIMCO Corporate & Income Strategy Fund (PCN) is 2.72%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 5.47%. This indicates that PCN experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.