PDIIX vs. PMJIX
PDIIX (PIMCO Diversified Income Fund) and PMJIX (PIMCO RAE US Small Fund) are both mutual funds - PDIIX is a Multisector Bonds fund managed by PIMCO, while PMJIX is a Small Cap Value Equities fund managed by PIMCO. Over the past 10 years, PDIIX returned 4.03%/yr vs 13.33%/yr for PMJIX. At a 0.26 correlation, their price movements are largely independent. PDIIX charges 0.75%/yr vs 0.50%/yr for PMJIX.
Performance
PDIIX vs. PMJIX - Performance Comparison
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Returns By Period
In the year-to-date period, PDIIX achieves a 1.71% return, which is significantly lower than PMJIX's 19.78% return. Over the past 10 years, PDIIX has underperformed PMJIX with an annualized return of 4.03%, while PMJIX has yielded a comparatively higher 13.33% annualized return.
PDIIX
- 1D
- 0.10%
- 1M
- 0.16%
- 6M
- 1.51%
- YTD
- 1.71%
- 1Y
- 7.67%
- 3Y*
- 8.63%
- 5Y*
- 2.39%
- 10Y*
- 4.03%
PMJIX
- 1D
- 0.29%
- 1M
- -1.49%
- 6M
- 13.62%
- YTD
- 19.78%
- 1Y
- 30.36%
- 3Y*
- 19.40%
- 5Y*
- 11.58%
- 10Y*
- 13.33%
PDIIX vs. PMJIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | 1.71% | 10.42% | 6.35% | 10.41% | -14.70% | 0.42% | 6.43% | 13.05% | -0.97% | 8.87% |
PMJIX PIMCO RAE US Small Fund | 19.78% | 5.11% | 22.05% | 19.77% | -4.62% | 39.15% | 6.95% | 20.22% | -11.69% | 9.22% |
Correlation
The correlation between PDIIX and PMJIX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.36 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.31 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015 | 0.26 |
The correlation between PDIIX and PMJIX shifts across timeframes, from 0.24 (10 years) to 0.41 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PDIIX vs. PMJIX — Risk / Return Rank
PDIIX
PMJIX
PDIIX vs. PMJIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Diversified Income Fund (PDIIX) and PIMCO RAE US Small Fund (PMJIX). 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 | PMJIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.52 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 3.82 | -1.73 |
| Martin ratioReturn relative to average drawdown | 8.55 | 11.28 | -2.73 |
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Drawdowns
PDIIX vs. PMJIX - Drawdown Comparison
The maximum PDIIX drawdown since its inception was -21.96%, smaller than the maximum PMJIX drawdown of -49.75%. Use the drawdown chart below to compare losses from any high point for PDIIX and PMJIX.
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Drawdown Indicators
| PDIIX | PMJIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.96% | -49.75% | +27.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.55% | -7.62% | +4.07% |
Max Drawdown (3Y)Largest decline over 3 years | -4.27% | -26.04% | +21.77% |
Max Drawdown (5Y)Largest decline over 5 years | -20.50% | -49.75% | +29.25% |
Max Drawdown (10Y)Largest decline over 10 years | -20.50% | -49.75% | +29.25% |
Current DrawdownCurrent decline from peak | -0.50% | -1.49% | +0.99% |
Average DrawdownAverage peak-to-trough decline | -2.80% | -16.08% | +13.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 2.59% | -1.73% |
Volatility
PDIIX vs. PMJIX - Volatility Comparison
The current volatility for PIMCO Diversified Income Fund (PDIIX) is 0.98%, while PIMCO RAE US Small Fund (PMJIX) has a volatility of 4.31%. This indicates that PDIIX experiences smaller price fluctuations and is considered to be less risky than PMJIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDIIX | PMJIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.98% | 4.31% | -3.33% |
Volatility (6M)Calculated over the trailing 6-month period | 3.23% | 11.70% | -8.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 17.14% | -13.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.01% | 39.39% | -34.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.88% | 33.03% | -28.15% |
PDIIX vs. PMJIX - Expense Ratio Comparison
PDIIX has a 0.75% expense ratio, which is higher than PMJIX's 0.50% expense ratio.
Dividends
PDIIX vs. PMJIX - Dividend Comparison
PDIIX's dividend yield for the trailing twelve months is around 5.57%, more than PMJIX's 2.63% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | 5.57% | 5.42% | 5.18% | 4.66% | 3.91% | 3.65% | 3.68% | 5.04% | 4.46% | 4.84% | 4.94% | 7.68% |
PMJIX PIMCO RAE US Small Fund | 2.63% | 3.15% | 3.26% | 1.25% | 9.91% | 65.79% | 9.46% | 1.55% | 7.65% | 4.69% | 1.24% | 1.67% |
Frequently Asked Questions
PDIIX and PMJIX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMJIX has higher volatility (4.31%) compared to PDIIX (0.98%). In terms of maximum drawdown, PDIIX dropped -21.96% vs PMJIX's -49.75%.
PDIIX currently has the higher Sharpe Ratio (1.94 vs 1.70), 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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