PCN vs. SPY
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and SPDR S&P 500 ETF (SPY).
PCN is managed by PIMCO. It was launched on Dec 20, 2001. 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: PCN or SPY.
Correlation
The correlation between PCN and SPY is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PCN vs. SPY - Performance Comparison
Key characteristics
PCN:
1.52
SPY:
2.20
PCN:
1.76
SPY:
2.91
PCN:
1.37
SPY:
1.41
PCN:
1.04
SPY:
3.35
PCN:
4.08
SPY:
13.99
PCN:
4.03%
SPY:
2.01%
PCN:
10.83%
SPY:
12.79%
PCN:
-61.13%
SPY:
-55.19%
PCN:
-2.73%
SPY:
-1.35%
Returns By Period
In the year-to-date period, PCN achieves a 1.52% return, which is significantly lower than SPY's 1.96% return. Over the past 10 years, PCN has underperformed SPY with an annualized return of 8.36%, while SPY has yielded a comparatively higher 13.44% annualized return.
PCN
1.52%
0.25%
5.52%
16.47%
1.93%
8.36%
SPY
1.96%
2.27%
9.55%
27.02%
14.23%
13.44%
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PCN vs. SPY - Expense Ratio Comparison
PCN has a 0.85% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PCN vs. SPY — Risk-Adjusted Performance Rank
PCN
SPY
PCN vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) 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
PCN vs. SPY - Dividend Comparison
PCN's dividend yield for the trailing twelve months is around 10.04%, more than SPY's 1.18% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PIMCO Corporate & Income Strategy Fund | 10.04% | 10.10% | 10.93% | 12.71% | 7.93% | 7.87% | 7.41% | 9.64% | 7.88% | 12.02% | 10.27% | 11.31% |
SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PCN vs. SPY - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.13%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PCN and SPY. For additional features, visit the drawdowns tool.
Volatility
PCN vs. SPY - Volatility Comparison
The current volatility for PIMCO Corporate & Income Strategy Fund (PCN) is 3.18%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that PCN 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.