PDIIX vs. MOFIX
Compare and contrast key facts about PIMCO Diversified Income Fund (PDIIX) and Mercer Opportunistic Fixed Income Fund (MOFIX).
PDIIX is managed by PIMCO. It was launched on Jul 30, 2003. MOFIX is managed by Mercer Funds. It was launched on Aug 20, 2013.
Performance
PDIIX vs. MOFIX - Performance Comparison
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PDIIX vs. MOFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | -1.80% | 10.42% | 6.38% | 10.41% | -14.70% | 0.42% | 6.43% | 6.72% |
MOFIX Mercer Opportunistic Fixed Income Fund | -2.95% | 8.60% | 2.23% | 12.22% | -11.57% | -1.15% | 5.31% | 3.18% |
Returns By Period
In the year-to-date period, PDIIX achieves a -1.80% return, which is significantly higher than MOFIX's -2.95% return.
PDIIX
- 1D
- 0.20%
- 1M
- -3.35%
- YTD
- -1.80%
- 6M
- 0.36%
- 1Y
- 6.29%
- 3Y*
- 7.47%
- 5Y*
- 2.28%
- 10Y*
- 4.34%
MOFIX
- 1D
- 0.12%
- 1M
- -2.83%
- YTD
- -2.95%
- 6M
- -2.34%
- 1Y
- 3.22%
- 3Y*
- 5.07%
- 5Y*
- 1.68%
- 10Y*
- —
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PDIIX vs. MOFIX - Expense Ratio Comparison
PDIIX has a 0.75% expense ratio, which is higher than MOFIX's 0.44% expense ratio.
Return for Risk
PDIIX vs. MOFIX — Risk / Return Rank
PDIIX
MOFIX
PDIIX vs. MOFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Diversified Income Fund (PDIIX) and Mercer Opportunistic Fixed Income Fund (MOFIX). 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.
| PDIIX | MOFIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 0.99 | +0.73 |
Sortino ratioReturn per unit of downside risk | 2.44 | 1.30 | +1.14 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.22 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 0.99 | +0.92 |
Martin ratioReturn relative to average drawdown | 7.98 | 4.05 | +3.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PDIIX | MOFIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 0.99 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.24 | +0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 0.29 | +0.90 |
Correlation
The correlation between PDIIX and MOFIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PDIIX vs. MOFIX - Dividend Comparison
PDIIX's dividend yield for the trailing twelve months is around 5.14%, more than MOFIX's 3.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | 5.14% | 5.42% | 5.21% | 4.66% | 3.91% | 3.65% | 3.68% | 5.04% | 4.46% | 4.84% | 4.94% | 7.68% |
MOFIX Mercer Opportunistic Fixed Income Fund | 3.42% | 3.32% | 6.91% | 6.44% | 3.81% | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PDIIX vs. MOFIX - Drawdown Comparison
The maximum PDIIX drawdown since its inception was -21.96%, which is greater than MOFIX's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for PDIIX and MOFIX.
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Drawdown Indicators
| PDIIX | MOFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.96% | -19.96% | -2.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.55% | -3.52% | -0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -20.50% | -19.00% | -1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -20.50% | — | — |
Current DrawdownCurrent decline from peak | -3.35% | -3.40% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -2.83% | -5.27% | +2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 0.86% | -0.01% |
Volatility
PDIIX vs. MOFIX - Volatility Comparison
PIMCO Diversified Income Fund (PDIIX) has a higher volatility of 1.72% compared to Mercer Opportunistic Fixed Income Fund (MOFIX) at 1.42%. This indicates that PDIIX's price experiences larger fluctuations and is considered to be riskier than MOFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDIIX | MOFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.42% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.52% | 2.12% | +0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.97% | 3.86% | +0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.93% | 7.25% | -2.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.86% | 7.25% | -2.39% |