PDO vs. SOBO.TO
PDO (Pimco Dynamic Income Opportunities Fund) and SOBO.TO (South Bow Corp) are both stocks. PDO operates in Asset Management (Financial Services), while SOBO.TO operates in Oil & Gas Midstream (Energy). Over the past year, PDO returned 7.30% vs 50.32% for SOBO.TO. At a 0.01 correlation, their price movements are largely independent.
Performance
PDO vs. SOBO.TO - Performance Comparison
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Different Trading Currencies
PDO is traded in USD, while SOBO.TO is traded in CAD. To make them comparable, the SOBO.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, PDO achieves a -1.72% return, which is significantly lower than SOBO.TO's 40.32% return.
PDO
- 1D
- 0.78%
- 1M
- 1.23%
- YTD
- -1.72%
- 6M
- -1.43%
- 1Y
- 7.30%
- 3Y*
- 12.44%
- 5Y*
- 1.78%
- 10Y*
- —
SOBO.TO
- 1D
- 0.96%
- 1M
- 5.83%
- YTD
- 40.32%
- 6M
- 44.41%
- 1Y
- 50.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PDO vs. SOBO.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PDO Pimco Dynamic Income Opportunities Fund | -1.72% | 13.96% | -0.12% |
SOBO.TO South Bow Corp | 40.32% | 25.61% | 15.72% |
Correlation
The correlation between PDO and SOBO.TO is -0.13, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.13 |
Correlation (All Time) Calculated using the full available price history since Sep 25, 2024 | 0.01 |
The correlation between PDO and SOBO.TO shifts across timeframes, from -0.13 (1 year) to 0.01 (all time), reflecting how their relationship changes across market environments.
Fundamentals
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Return for Risk
PDO vs. SOBO.TO — Risk / Return Rank
PDO
SOBO.TO
PDO vs. SOBO.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pimco Dynamic Income Opportunities Fund (PDO) and South Bow Corp (SOBO.TO). 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.
| PDO | SOBO.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.78 | ||
| Sortino ratioReturn per unit of downside risk | -2.35 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.41 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 3.99 | -3.33 |
| Martin ratioReturn relative to average drawdown | 2.29 | 11.40 | -9.12 |
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Drawdowns
PDO vs. SOBO.TO - Drawdown Comparison
The maximum PDO drawdown since its inception was -36.83%, which is greater than SOBO.TO's maximum drawdown of -27.09%. Use the drawdown chart below to compare losses from any high point for PDO and SOBO.TO.
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Drawdown Indicators
| PDO | SOBO.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.83% | -27.09% | -9.74% |
Max Drawdown (1Y)Largest decline over 1 year | -11.18% | -12.68% | +1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -16.55% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.83% | — | — |
Current DrawdownCurrent decline from peak | -5.54% | -0.37% | -5.17% |
Average DrawdownAverage peak-to-trough decline | -14.37% | -4.27% | -10.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.20% | 4.44% | -1.24% |
Volatility
PDO vs. SOBO.TO - Volatility Comparison
The current volatility for Pimco Dynamic Income Opportunities Fund (PDO) is 3.68%, while South Bow Corp (SOBO.TO) has a volatility of 7.09%. This indicates that PDO experiences smaller price fluctuations and is considered to be less risky than SOBO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDO | SOBO.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 7.09% | -3.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.06% | 14.83% | -5.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.08% | 20.21% | -10.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.80% | 44.59% | -28.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.54% | 44.59% | -29.05% |
Dividends
PDO vs. SOBO.TO - Dividend Comparison
PDO's dividend yield for the trailing twelve months is around 11.94%, more than SOBO.TO's 5.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
PDO Pimco Dynamic Income Opportunities Fund | 11.94% | 11.09% | 11.29% | 12.54% | 19.09% | 8.56% |
SOBO.TO South Bow Corp | 5.18% | 7.37% | 2.12% | 0.00% | 0.00% | 0.00% |
Financials
PDO vs. SOBO.TO - Financials Comparison
This section allows you to compare key financial metrics between Pimco Dynamic Income Opportunities Fund and South Bow Corp. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PDO and SOBO.TO have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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