PDI vs. SPY
Compare and contrast key facts about PIMCO Dynamic Income Fund (PDI) and SPDR S&P 500 ETF (SPY).
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: PDI or SPY.
Correlation
The correlation between PDI and SPY is 0.36, 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
PDI vs. SPY - Performance Comparison
Key characteristics
PDI:
1.72
SPY:
0.32
PDI:
2.09
SPY:
0.51
PDI:
1.39
SPY:
1.07
PDI:
1.75
SPY:
0.39
PDI:
4.66
SPY:
1.52
PDI:
3.42%
SPY:
3.13%
PDI:
9.25%
SPY:
14.74%
PDI:
-46.47%
SPY:
-55.19%
PDI:
-0.90%
SPY:
-12.17%
Returns By Period
In the year-to-date period, PDI achieves a 11.21% return, which is significantly higher than SPY's -8.15% return. Over the past 10 years, PDI has underperformed SPY with an annualized return of 8.52%, while SPY has yielded a comparatively higher 11.89% annualized return.
PDI
11.21%
-0.20%
3.12%
15.34%
13.02%
8.52%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
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Risk-Adjusted Performance
PDI vs. SPY — Risk-Adjusted Performance Rank
PDI
SPY
PDI vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Dynamic Income Fund (PDI) 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
PDI vs. SPY - Dividend Comparison
PDI's dividend yield for the trailing twelve months is around 13.46%, more than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDI PIMCO Dynamic Income Fund | 13.46% | 14.45% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PDI vs. SPY - Drawdown Comparison
The maximum PDI drawdown since its inception was -46.47%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PDI and SPY. For additional features, visit the drawdowns tool.
Volatility
PDI vs. SPY - Volatility Comparison
The current volatility for PIMCO Dynamic Income Fund (PDI) is 2.20%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.47%. This indicates that PDI 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.