PCRPX vs. PONAX
Compare and contrast key facts about PIMCO Commodity Real Return Strategy Fund (PCRPX) and PIMCO Income Fund Class A (PONAX).
PCRPX is managed by PIMCO. It was launched on Apr 30, 2008. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Performance
PCRPX vs. PONAX - Performance Comparison
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PCRPX vs. PONAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PCRPX PIMCO Commodity Real Return Strategy Fund | 21.14% | 16.26% | 10.79% | -6.20% | 9.12% | 33.01% | 0.73% | 12.24% | -13.90% | 2.62% |
PONAX PIMCO Income Fund Class A | -1.42% | 10.63% | 5.02% | 8.96% | -9.34% | 2.21% | 5.40% | 7.65% | 0.21% | 8.19% |
Returns By Period
In the year-to-date period, PCRPX achieves a 21.14% return, which is significantly higher than PONAX's -1.42% return. Over the past 10 years, PCRPX has outperformed PONAX with an annualized return of 9.23%, while PONAX has yielded a comparatively lower 4.25% annualized return.
PCRPX
- 1D
- 0.87%
- 1M
- 9.42%
- YTD
- 21.14%
- 6M
- 25.05%
- 1Y
- 27.99%
- 3Y*
- 14.64%
- 5Y*
- 14.38%
- 10Y*
- 9.23%
PONAX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.42%
- 6M
- 0.98%
- 1Y
- 5.68%
- 3Y*
- 6.79%
- 5Y*
- 3.00%
- 10Y*
- 4.25%
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PCRPX vs. PONAX - Expense Ratio Comparison
PCRPX has a 0.92% expense ratio, which is lower than PONAX's 1.02% expense ratio.
Return for Risk
PCRPX vs. PONAX — Risk / Return Rank
PCRPX
PONAX
PCRPX vs. PONAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Commodity Real Return Strategy Fund (PCRPX) and PIMCO Income Fund Class A (PONAX). 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.
| PCRPX | PONAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 1.48 | +0.28 |
Sortino ratioReturn per unit of downside risk | 2.26 | 2.11 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.28 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 3.22 | 1.76 | +1.46 |
Martin ratioReturn relative to average drawdown | 9.64 | 7.07 | +2.58 |
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
| PCRPX | PONAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 1.48 | +0.28 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.64 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 1.03 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.02 | 1.47 | -1.45 |
Correlation
The correlation between PCRPX and PONAX is 0.20, 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.
Dividends
PCRPX vs. PONAX - Dividend Comparison
PCRPX's dividend yield for the trailing twelve months is around 4.20%, less than PONAX's 5.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCRPX PIMCO Commodity Real Return Strategy Fund | 4.20% | 5.09% | 8.47% | 6.50% | 46.40% | 22.80% | 1.51% | 3.93% | 5.85% | 8.06% | 0.83% | 5.23% |
PONAX PIMCO Income Fund Class A | 5.20% | 5.61% | 5.86% | 5.86% | 4.66% | 3.62% | 4.48% | 5.42% | 5.24% | 4.97% | 5.13% | 7.45% |
Drawdowns
PCRPX vs. PONAX - Drawdown Comparison
The maximum PCRPX drawdown since its inception was -72.22%, which is greater than PONAX's maximum drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for PCRPX and PONAX.
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Drawdown Indicators
| PCRPX | PONAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.22% | -13.64% | -58.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.44% | -3.69% | -5.75% |
Max Drawdown (5Y)Largest decline over 5 years | -34.54% | -13.64% | -20.90% |
Max Drawdown (10Y)Largest decline over 10 years | -39.15% | -13.64% | -25.51% |
Current DrawdownCurrent decline from peak | -8.48% | -3.24% | -5.24% |
Average DrawdownAverage peak-to-trough decline | -39.76% | -1.80% | -37.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.15% | 0.92% | +2.23% |
Volatility
PCRPX vs. PONAX - Volatility Comparison
PIMCO Commodity Real Return Strategy Fund (PCRPX) has a higher volatility of 7.30% compared to PIMCO Income Fund Class A (PONAX) at 1.88%. This indicates that PCRPX's price experiences larger fluctuations and is considered to be riskier than PONAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCRPX | PONAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.30% | 1.88% | +5.42% |
Volatility (6M)Calculated over the trailing 6-month period | 13.33% | 2.61% | +10.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.69% | 4.24% | +12.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.62% | 4.72% | +14.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.12% | 4.16% | +12.96% |