PCRAX vs. PISIX
PCRAX (PIMCO Commodity Real Return Strategy Fund Class A) and PISIX (PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)) are both mutual funds - PCRAX is a Commodities fund actively managed by PIMCO, while PISIX is a Foreign Large Cap Equities fund managed by PIMCO. Over the past 10 years, PCRAX returned 8.15%/yr vs 12.15%/yr for PISIX. At a 0.22 correlation, their price movements are largely independent. PCRAX charges 1.30%/yr vs 0.76%/yr for PISIX.
Performance
PCRAX vs. PISIX - Performance Comparison
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Returns By Period
In the year-to-date period, PCRAX achieves a 26.62% return, which is significantly higher than PISIX's 9.70% return. Over the past 10 years, PCRAX has underperformed PISIX with an annualized return of 8.15%, while PISIX has yielded a comparatively higher 12.15% annualized return.
PCRAX
- 1D
- 0.41%
- 1M
- -2.55%
- YTD
- 26.62%
- 6M
- 23.44%
- 1Y
- 39.10%
- 3Y*
- 18.50%
- 5Y*
- 12.24%
- 10Y*
- 8.15%
PISIX
- 1D
- 0.68%
- 1M
- 4.68%
- YTD
- 9.70%
- 6M
- 5.65%
- 1Y
- 19.16%
- 3Y*
- 16.85%
- 5Y*
- 11.55%
- 10Y*
- 12.15%
PCRAX vs. PISIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCRAX PIMCO Commodity Real Return Strategy Fund Class A | 26.62% | 16.56% | 10.08% | -6.38% | 8.54% | 32.65% | 0.39% | 11.77% | -14.24% | 2.35% |
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 9.70% | 17.68% | 14.87% | 21.70% | -8.86% | 18.37% | 4.29% | 26.40% | -10.00% | 18.81% |
Correlation
The correlation between PCRAX and PISIX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.07 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2004 | 0.22 |
The correlation between PCRAX and PISIX shifts across timeframes, from -0.07 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PCRAX vs. PISIX — Risk / Return Rank
PCRAX
PISIX
PCRAX vs. PISIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Commodity Real Return Strategy Fund Class A (PCRAX) and PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX). 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.
| PCRAX | PISIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.07 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.28 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 5.56 | 1.84 | +3.71 |
| Martin ratioReturn relative to average drawdown | 17.26 | 6.55 | +10.71 |
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
| PCRAX | PISIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.44 | 1.37 | +1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.82 | -0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.84 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.55 | -0.38 |
Drawdowns
PCRAX vs. PISIX - Drawdown Comparison
The maximum PCRAX drawdown since its inception was -82.98%, which is greater than PISIX's maximum drawdown of -57.47%. Use the drawdown chart below to compare losses from any high point for PCRAX and PISIX.
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Drawdown Indicators
| PCRAX | PISIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -82.98% | -57.47% | -25.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.14% | -10.71% | +3.57% |
Max Drawdown (3Y)Largest decline over 3 years | -10.47% | -15.21% | +4.74% |
Max Drawdown (5Y)Largest decline over 5 years | -34.95% | -18.93% | -16.02% |
Max Drawdown (10Y)Largest decline over 10 years | -39.45% | -35.44% | -4.01% |
Current DrawdownCurrent decline from peak | -43.23% | -0.00% | -43.23% |
Average DrawdownAverage peak-to-trough decline | -48.87% | -7.20% | -41.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 3.00% | -0.71% |
Volatility
PCRAX vs. PISIX - Volatility Comparison
PIMCO Commodity Real Return Strategy Fund Class A (PCRAX) has a higher volatility of 5.25% compared to PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) at 3.75%. This indicates that PCRAX's price experiences larger fluctuations and is considered to be riskier than PISIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCRAX | PISIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.25% | 3.75% | +1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 14.19% | 12.76% | +1.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.38% | 14.45% | +1.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.80% | 14.19% | +5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.21% | 14.61% | +2.60% |
PCRAX vs. PISIX - Expense Ratio Comparison
PCRAX has a 1.30% expense ratio, which is higher than PISIX's 0.76% expense ratio.
Dividends
PCRAX vs. PISIX - Dividend Comparison
PCRAX's dividend yield for the trailing twelve months is around 4.13%, less than PISIX's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCRAX PIMCO Commodity Real Return Strategy Fund Class A | 4.13% | 5.72% | 8.12% | 6.65% | 48.19% | 23.28% | 1.23% | 3.70% | 5.69% | 7.90% | 0.60% | 5.07% |
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 4.69% | 5.14% | 11.81% | 10.04% | 10.11% | 7.31% | 1.42% | 11.47% | 7.99% | 7.36% | 1.02% | 8.16% |
Frequently Asked Questions
PCRAX and PISIX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCRAX has higher volatility (5.25%) compared to PISIX (3.75%). In terms of maximum drawdown, PCRAX dropped -82.98% vs PISIX's -57.47%.
PCRAX currently has the higher Sharpe Ratio (2.44 vs 1.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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