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.
Performance
PDI vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, PDI achieves a 20.22% return, which is significantly lower than SPY's 24.91% return. Over the past 10 years, PDI has underperformed SPY with an annualized return of 7.44%, while SPY has yielded a comparatively higher 13.04% annualized return.
PDI
20.22%
-3.25%
6.00%
24.42%
1.83%
7.44%
SPY
24.91%
0.61%
11.66%
32.24%
15.43%
13.04%
Key characteristics
| PDI | SPY | |
|---|---|---|
| Sharpe Ratio | 2.42 | 2.67 |
| Sortino Ratio | 2.84 | 3.56 |
| Omega Ratio | 1.55 | 1.50 |
| Calmar Ratio | 1.49 | 3.85 |
| Martin Ratio | 12.39 | 17.38 |
| Ulcer Index | 2.01% | 1.86% |
| Daily Std Dev | 10.30% | 12.17% |
| Max Drawdown | -46.47% | -55.19% |
| Current Drawdown | -6.71% | -1.77% |
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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.
Risk-Adjusted Performance
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 13.93%, more than SPY's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDI PIMCO Dynamic Income Fund | 13.93% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 15.08% | 13.43% | 11.59% |
SPY SPDR S&P 500 ETF | 1.19% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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 3.62%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.08%. 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.