PCN vs. ^GSPC
Compare and contrast key facts about PIMCO Corporate & Income Strategy Fund (PCN) and S&P 500 (^GSPC).
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 ^GSPC.
Correlation
The correlation between PCN and ^GSPC is 0.28, 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. ^GSPC - Performance Comparison
Key characteristics
PCN:
1.33
^GSPC:
1.83
PCN:
1.54
^GSPC:
2.47
PCN:
1.33
^GSPC:
1.33
PCN:
0.89
^GSPC:
2.76
PCN:
3.48
^GSPC:
11.27
PCN:
4.07%
^GSPC:
2.08%
PCN:
10.69%
^GSPC:
12.79%
PCN:
-61.13%
^GSPC:
-56.78%
PCN:
-0.33%
^GSPC:
-0.07%
Returns By Period
The year-to-date returns for both stocks are quite close, with PCN having a 4.03% return and ^GSPC slightly lower at 3.96%. Over the past 10 years, PCN has underperformed ^GSPC with an annualized return of 8.69%, while ^GSPC has yielded a comparatively higher 11.26% annualized return.
PCN
4.03%
2.47%
8.67%
13.38%
2.13%
8.69%
^GSPC
3.96%
1.97%
9.03%
22.16%
12.60%
11.26%
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Risk-Adjusted Performance
PCN vs. ^GSPC — Risk-Adjusted Performance Rank
PCN
^GSPC
PCN vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Strategy Fund (PCN) and S&P 500 (^GSPC). 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.
Drawdowns
PCN vs. ^GSPC - Drawdown Comparison
The maximum PCN drawdown since its inception was -61.13%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PCN and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PCN vs. ^GSPC - Volatility Comparison
The current volatility for PIMCO Corporate & Income Strategy Fund (PCN) is 1.29%, while S&P 500 (^GSPC) has a volatility of 3.21%. This indicates that PCN experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.