PDIIX vs. LFLIX
PDIIX (PIMCO Diversified Income Fund) and LFLIX (BrandywineGLOBAL - Flexible Bond Fund) are both Multisector Bonds funds. Over the past 5 years, PDIIX returned 2.49%/yr vs 2.34%/yr for LFLIX. A 0.72 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.
Performance
PDIIX vs. LFLIX - Performance Comparison
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Returns By Period
In the year-to-date period, PDIIX achieves a 1.54% return, which is significantly lower than LFLIX's 3.03% return.
PDIIX
- 1D
- -0.20%
- 1M
- 1.28%
- YTD
- 1.54%
- 6M
- 2.12%
- 1Y
- 8.29%
- 3Y*
- 8.58%
- 5Y*
- 2.49%
- 10Y*
- 4.32%
LFLIX
- 1D
- 0.00%
- 1M
- 1.38%
- YTD
- 3.03%
- 6M
- 3.48%
- 1Y
- 8.16%
- 3Y*
- 6.53%
- 5Y*
- 2.34%
- 10Y*
- —
PDIIX vs. LFLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | 1.54% | 10.42% | 6.35% | 10.41% | -14.70% | 0.42% | 6.43% | 13.05% | -0.97% | 8.87% |
LFLIX BrandywineGLOBAL - Flexible Bond Fund | 3.03% | 8.82% | 2.95% | 9.57% | -10.87% | 1.05% | 15.00% | 10.84% | -2.07% | 4.29% |
Correlation
The correlation between PDIIX and LFLIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.77 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.73 |
The correlation between PDIIX and LFLIX has been stable across timeframes, ranging from 0.72 to 0.79 - a consistent structural relationship.
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Return for Risk
PDIIX vs. LFLIX — Risk / Return Rank
PDIIX
LFLIX
PDIIX vs. LFLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Diversified Income Fund (PDIIX) and BrandywineGLOBAL - Flexible Bond Fund (LFLIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PDIIX | LFLIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.20 | ||
| Sortino ratioReturn per unit of downside risk | +0.42 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.40 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 3.06 | -0.64 |
| Martin ratioReturn relative to average drawdown | 9.85 | 10.56 | -0.71 |
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Drawdowns
PDIIX vs. LFLIX - Drawdown Comparison
The maximum PDIIX drawdown since its inception was -21.96%, which is greater than LFLIX's maximum drawdown of -16.73%. Use the drawdown chart below to compare losses from any high point for PDIIX and LFLIX.
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Drawdown Indicators
| PDIIX | LFLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.96% | -16.73% | -5.23% |
Max Drawdown (1Y)Largest decline over 1 year | -3.55% | -2.72% | -0.83% |
Max Drawdown (3Y)Largest decline over 3 years | -4.27% | -7.54% | +3.27% |
Max Drawdown (5Y)Largest decline over 5 years | -20.50% | -16.73% | -3.77% |
Max Drawdown (10Y)Largest decline over 10 years | -20.50% | — | — |
Current DrawdownCurrent decline from peak | -0.40% | -0.52% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -2.81% | -2.85% | +0.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 0.79% | +0.08% |
Volatility
PDIIX vs. LFLIX - Volatility Comparison
The current volatility for PIMCO Diversified Income Fund (PDIIX) is 1.18%, while BrandywineGLOBAL - Flexible Bond Fund (LFLIX) has a volatility of 1.30%. This indicates that PDIIX experiences smaller price fluctuations and is considered to be less risky than LFLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDIIX | LFLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.18% | 1.30% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.21% | 3.47% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.89% | 4.13% | -0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.01% | 5.74% | -0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.89% | 5.09% | -0.20% |
PDIIX vs. LFLIX - Expense Ratio Comparison
Both PDIIX and LFLIX have an expense ratio of 0.75%.
Dividends
PDIIX vs. LFLIX - Dividend Comparison
PDIIX's dividend yield for the trailing twelve months is around 5.52%, less than LFLIX's 6.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFLIX BrandywineGLOBAL - Flexible Bond Fund | 6.93% | 6.67% | 8.94% | 5.36% | 3.28% | 2.90% | 3.62% | 6.04% | 3.67% | 3.06% | 0.00% | 0.00% |
PDIIX PIMCO Diversified Income Fund | 5.52% | 5.42% | 5.18% | 4.66% | 3.91% | 3.65% | 3.68% | 5.04% | 4.46% | 4.84% | 4.94% | 7.68% |
Frequently Asked Questions
PDIIX and LFLIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LFLIX has higher volatility (1.30%) compared to PDIIX (1.18%). In terms of maximum drawdown, PDIIX dropped -21.96% vs LFLIX's -16.73%.
PDIIX currently has the higher Sharpe Ratio (2.21 vs 2.02), 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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