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 0.37, 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:
0.71
SPY:
0.54
PDI:
0.94
SPY:
0.89
PDI:
1.23
SPY:
1.13
PDI:
0.85
SPY:
0.58
PDI:
3.10
SPY:
2.39
PDI:
3.98%
SPY:
4.51%
PDI:
17.34%
SPY:
20.07%
PDI:
-46.47%
SPY:
-55.19%
PDI:
-6.70%
SPY:
-10.54%
Returns By Period
In the year-to-date period, PDI achieves a 4.71% return, which is significantly higher than SPY's -6.44% return. Over the past 10 years, PDI has underperformed SPY with an annualized return of 7.62%, while SPY has yielded a comparatively higher 11.95% annualized return.
PDI
4.71%
-6.51%
0.69%
11.54%
8.54%
7.62%
SPY
-6.44%
-5.00%
-5.02%
9.54%
15.80%
11.95%
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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 14.47%, more than SPY's 1.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDI PIMCO Dynamic Income Fund | 14.47% | 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 | 1.31% | 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
PIMCO Dynamic Income Fund (PDI) and SPDR S&P 500 ETF (SPY) have volatilities of 15.48% and 15.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.