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:
1.82
SPY:
2.20
PDI:
2.16
SPY:
2.91
PDI:
1.41
SPY:
1.41
PDI:
1.91
SPY:
3.35
PDI:
5.32
SPY:
13.99
PDI:
3.33%
SPY:
2.01%
PDI:
9.73%
SPY:
12.79%
PDI:
-46.46%
SPY:
-55.19%
PDI:
-4.66%
SPY:
-1.35%
Returns By Period
In the year-to-date period, PDI achieves a 4.83% return, which is significantly higher than SPY's 1.96% return. Over the past 10 years, PDI has underperformed SPY with an annualized return of 7.97%, while SPY has yielded a comparatively higher 13.29% annualized return.
PDI
4.83%
4.66%
7.30%
16.74%
1.75%
7.97%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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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 13.96%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDI PIMCO Dynamic Income Fund | 13.96% | 14.46% | 14.77% | 17.87% | 10.24% | 10.03% | 9.47% | 10.80% | 8.83% | 14.81% | 18.70% | 13.43% |
SPY SPDR S&P 500 ETF | 1.18% | 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 -46.46%, 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 2.81%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. 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.