PEDIX vs. PFN
PEDIX (PIMCO Extended Duration Fund) and PFN (PIMCO Income Strategy Fund II) are both mutual funds - PEDIX is a Government Bonds fund managed by PIMCO, while PFN is a Multisector Bonds fund actively managed by PIMCO. Over the past 10 years, PEDIX returned -4.27%/yr vs 8.13%/yr for PFN. Their -0.02 correlation means they have often moved in opposite directions in the past. PEDIX charges 0.50%/yr vs 1.86%/yr for PFN.
Performance
PEDIX vs. PFN - Performance Comparison
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Returns By Period
In the year-to-date period, PEDIX achieves a -5.53% return, which is significantly lower than PFN's 1.29% return. Over the past 10 years, PEDIX has underperformed PFN with an annualized return of -4.27%, while PFN has yielded a comparatively higher 8.13% annualized return.
PEDIX
- 1D
- -0.17%
- 1M
- -5.94%
- 6M
- -5.80%
- YTD
- -5.53%
- 1Y
- -4.34%
- 3Y*
- -5.13%
- 5Y*
- -12.22%
- 10Y*
- -4.27%
- ALL TIME*
- 3.23%
PFN
- 1D
- 0.28%
- 1M
- 0.31%
- 6M
- 1.68%
- YTD
- 1.29%
- 1Y
- 5.81%
- 3Y*
- 12.15%
- 5Y*
- 2.52%
- 10Y*
- 8.13%
- ALL TIME*
- 6.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $2.77M | $4.68M | $3.43M |
PEDIX vs. PFN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PEDIX PIMCO Extended Duration Fund | -5.53% | 3.01% | -12.61% | 2.71% | -40.33% | -5.54% | 24.68% | 18.66% | -4.01% | 13.85% |
PFN PIMCO Income Strategy Fund II | 1.29% | 13.07% | 15.72% | 15.43% | -17.65% | 5.14% | 3.97% | 21.84% | 0.94% | 20.58% |
Correlation
The correlation between PEDIX and PFN is 0.22, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.22 |
Correlation (3Y) Balances recent behavior with more history. | 0.20 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.19 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2006 | -0.02 |
The correlation between PEDIX and PFN shifts across timeframes, from -0.02 (all time) to 0.22 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PEDIX vs. PFN — Risk / Return Rank
PEDIX
PFN
PEDIX vs. PFN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Extended Duration Fund (PEDIX) and PIMCO Income Strategy Fund II (PFN). 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.
| PEDIX | PFN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.74 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.12 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 0.57 | -0.74 |
| Martin ratioReturn relative to average drawdown | -0.36 | 2.06 | -2.42 |
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Drawdowns
PEDIX vs. PFN - Drawdown Comparison
The maximum PEDIX drawdown since its inception was -60.38%, smaller than the maximum PFN drawdown of -80.08%. Use the drawdown chart below to compare losses from any high point for PEDIX and PFN.
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Drawdown Indicators
| PEDIX | PFN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.38% | -80.08% | +19.70% |
Max Drawdown (1Y)Largest decline over 1 year | -12.59% | -10.77% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -22.63% | -14.31% | -8.32% |
Max Drawdown (5Y)Largest decline over 5 years | -56.15% | -33.45% | -22.70% |
Max Drawdown (10Y)Largest decline over 10 years | -60.38% | -45.70% | -14.68% |
Current DrawdownCurrent decline from peak | -55.62% | -1.12% | -54.50% |
Average DrawdownAverage peak-to-trough decline | -21.45% | -11.75% | -9.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.96% | 2.96% | +3.00% |
Volatility
PEDIX vs. PFN - Volatility Comparison
PIMCO Extended Duration Fund (PEDIX) has a higher volatility of 3.90% compared to PIMCO Income Strategy Fund II (PFN) at 1.76%. This indicates that PEDIX's price experiences larger fluctuations and is considered to be riskier than PFN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PEDIX | PFN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.90% | 1.76% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 8.87% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.69% | 10.30% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.05% | 14.55% | +7.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.48% | 18.18% | +2.30% |
PEDIX vs. PFN - Expense Ratio Comparison
PEDIX has a 0.50% expense ratio, which is lower than PFN's 1.86% expense ratio.
Dividends
PEDIX vs. PFN - Dividend Comparison
PEDIX's dividend yield for the trailing twelve months is around 3.84%, less than PFN's 12.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PEDIX PIMCO Extended Duration Fund | 3.84% | 3.41% | 1.86% | 4.59% | 3.02% | 27.69% | 22.31% | 2.35% | 3.91% | 4.00% | 8.05% | 4.96% |
PFN PIMCO Income Strategy Fund II | 12.17% | 11.49% | 11.57% | 11.92% | 12.19% | 9.71% | 9.67% | 9.07% | 10.81% | 9.20% | 10.12% | 11.74% |
Frequently Asked Questions
PEDIX and PFN have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PEDIX has higher volatility (3.90%) compared to PFN (1.76%). In terms of maximum drawdown, PEDIX dropped -60.38% vs PFN's -80.08%.
PFN currently has the higher Sharpe Ratio (0.59 vs -0.15), 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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