PCRX vs. SGOV
PCRX (Pacira BioSciences, Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, PCRX returned -18.20%/yr vs 3.54%/yr for SGOV. At a correlation of -0.05, they often move in opposite directions.
Performance
PCRX vs. SGOV - Performance Comparison
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Returns By Period
In the year-to-date period, PCRX achieves a -13.76% return, which is significantly lower than SGOV's 1.51% return.
PCRX
- 1D
- 0.31%
- 1M
- -9.60%
- YTD
- -13.76%
- 6M
- -7.73%
- 1Y
- -15.45%
- 3Y*
- -17.04%
- 5Y*
- -18.20%
- 10Y*
- -7.19%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
PCRX vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PCRX Pacira BioSciences, Inc. | -13.76% | 37.37% | -44.16% | -12.61% | -35.83% | 0.55% | 34.44% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between PCRX and SGOV is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.06 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.05 |
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Return for Risk
PCRX vs. SGOV — Risk / Return Rank
PCRX
SGOV
PCRX vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacira BioSciences, Inc. (PCRX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| PCRX | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -20.70 | ||
| Sortino ratioReturn per unit of downside risk | -276.05 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 195.55 | -194.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | 398.20 | -398.72 |
| Martin ratioReturn relative to average drawdown | -1.07 | 4,462.00 | -4,463.07 |
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
| PCRX | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.42 | 20.28 | -20.70 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.40 | 14.73 | -15.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 12.48 | -12.33 |
Drawdowns
PCRX vs. SGOV - Drawdown Comparison
The maximum PCRX drawdown since its inception was -90.19%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PCRX and SGOV.
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Drawdown Indicators
| PCRX | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.19% | -0.03% | -90.16% |
Max Drawdown (1Y)Largest decline over 1 year | -29.61% | -0.01% | -29.60% |
Max Drawdown (3Y)Largest decline over 3 years | -71.53% | -0.01% | -71.52% |
Max Drawdown (5Y)Largest decline over 5 years | -85.67% | -0.03% | -85.64% |
Max Drawdown (10Y)Largest decline over 10 years | -85.67% | — | — |
Current DrawdownCurrent decline from peak | -81.29% | 0.00% | -81.29% |
Average DrawdownAverage peak-to-trough decline | -50.01% | -0.00% | -50.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.42% | 0.00% | +14.42% |
Volatility
PCRX vs. SGOV - Volatility Comparison
Pacira BioSciences, Inc. (PCRX) has a higher volatility of 10.03% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that PCRX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PCRX | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.03% | 0.05% | +9.98% |
Volatility (6M)Calculated over the trailing 6-month period | 28.70% | 0.13% | +28.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 37.03% | 0.20% | +36.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 45.60% | 0.24% | +45.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 46.90% | 0.24% | +46.66% |
Dividends
PCRX vs. SGOV - Dividend Comparison
PCRX has not paid dividends to shareholders, while SGOV's dividend yield for the trailing twelve months is around 3.86%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
PCRX Pacira BioSciences, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Frequently Asked Questions
PCRX and SGOV have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PCRX has higher volatility (10.03%) compared to SGOV (0.05%). In terms of maximum drawdown, PCRX dropped -90.19% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs -0.42), 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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