PFADX vs. IMRFX

Last updated Jun 5, 2026

PFADX (PFG BNY Mellon Diversifier Strategy Fund) and IMRFX (Columbia Global Opportunities Fund) are both Global Allocation funds. Over the past 5 years, PFADX returned 1.27%/yr vs 3.12%/yr for IMRFX. A 0.72 correlation means they provide meaningful diversification when combined. PFADX charges 2.05%/yr vs 1.15%/yr for IMRFX.

Performance

PFADX vs. IMRFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PFG BNY Mellon Diversifier Strategy Fund (PFADX) and Columbia Global Opportunities Fund (IMRFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFADX achieves a 3.08% return, which is significantly lower than IMRFX's 6.49% return.

PFADX

• 1D: -0.30%
• 1M: 0.10%
• YTD: 3.08%
• 6M: 3.18%
• 1Y: 8.62%
• 3Y*: 5.26%
• 5Y*: 1.27%
• 10Y*: —

IMRFX

• 1D: -0.63%
• 1M: 1.80%
• YTD: 6.49%
• 6M: 6.79%
• 1Y: 18.32%
• 3Y*: 11.97%
• 5Y*: 3.12%
• 10Y*: 5.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PFADX vs. IMRFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFADX PFG BNY Mellon Diversifier Strategy Fund	3.08%	7.07%	2.13%	3.69%	-9.50%	3.85%	7.25%	8.16%	-5.20%	0.00%
IMRFX Columbia Global Opportunities Fund	6.49%	15.88%	7.46%	11.29%	-21.02%	6.25%	12.55%	15.62%	-7.03%	0.22%

Correlation

The correlation between PFADX and IMRFX 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	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Dec 28, 2017	0.72

The correlation between PFADX and IMRFX has been stable across timeframes, ranging from 0.71 to 0.77 - a consistent structural relationship.

Return for Risk

PFADX vs. IMRFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PFADX

PFADX Risk / Return Rank: 48
PFADX Sharpe Ratio Rank: 52
PFADX Sortino Ratio Rank: 52
PFADX Omega Ratio Rank: 54
PFADX Calmar Ratio Rank: 44
PFADX Martin Ratio Rank: 40

IMRFX

IMRFX Risk / Return Rank: 48
IMRFX Sharpe Ratio Rank: 49
IMRFX Sortino Ratio Rank: 48
IMRFX Omega Ratio Rank: 51
IMRFX Calmar Ratio Rank: 40
IMRFX Martin Ratio Rank: 51

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFADX vs. IMRFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PFG BNY Mellon Diversifier Strategy Fund (PFADX) and Columbia Global Opportunities Fund (IMRFX). 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.

	PFADX	IMRFX	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.01	+0.09
Sortino ratio: Return per unit of downside risk	3.01	2.81	+0.20
Omega ratio: Gain probability vs. loss probability	1.40	1.38	+0.02
Calmar ratio: Return relative to maximum drawdown	2.48	2.33	+0.14
Martin ratio: Return relative to average drawdown	8.65	10.07	-1.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFADX vs. IMRFX - Sharpe Ratio Comparison

The current PFADX Sharpe Ratio is 2.10, which is comparable to the IMRFX Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of PFADX and IMRFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PFADX	IMRFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.01	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.22	0.29	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.62	-0.21

Drawdowns

PFADX vs. IMRFX - Drawdown Comparison

The maximum PFADX drawdown since its inception was -16.64%, smaller than the maximum IMRFX drawdown of -45.67%. Use the drawdown chart below to compare losses from any high point for PFADX and IMRFX.

Drawdown Indicators

	PFADX	IMRFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.64%	-45.67%	+29.03%
Max Drawdown (1Y) Largest decline over 1 year	-3.63%	-8.07%	+4.44%
Max Drawdown (3Y) Largest decline over 3 years	-6.38%	-10.19%	+3.81%
Max Drawdown (5Y) Largest decline over 5 years	-16.64%	-28.77%	+12.13%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.77%	—
Current Drawdown Current decline from peak	-1.28%	-0.63%	-0.65%
Average Drawdown Average peak-to-trough decline	-5.30%	-7.32%	+2.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.04%	1.86%	-0.82%

Volatility

PFADX vs. IMRFX - Volatility Comparison

The current volatility for PFG BNY Mellon Diversifier Strategy Fund (PFADX) is 1.53%, while Columbia Global Opportunities Fund (IMRFX) has a volatility of 2.78%. This indicates that PFADX experiences smaller price fluctuations and is considered to be less risky than IMRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFADX	IMRFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.53%	2.78%	-1.25%
Volatility (6M) Calculated over the trailing 6-month period	3.40%	7.74%	-4.34%
Volatility (1Y) Calculated over the trailing 1-year period	4.28%	9.38%	-5.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.86%	10.91%	-5.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.54%	10.42%	-4.88%

PFADX vs. IMRFX - Expense Ratio Comparison

PFADX has a 2.05% expense ratio, which is higher than IMRFX's 1.15% expense ratio.

Dividends

PFADX vs. IMRFX - Dividend Comparison

PFADX's dividend yield for the trailing twelve months is around 2.39%, less than IMRFX's 16.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IMRFX Columbia Global Opportunities Fund	16.78%	17.87%	0.47%	0.00%	6.62%	7.92%	4.40%	1.75%	0.35%	0.00%	2.77%
PFADX PFG BNY Mellon Diversifier Strategy Fund	2.39%	2.46%	2.89%	1.04%	5.33%	3.46%	0.08%	1.51%	0.91%	0.52%	0.00%

Frequently Asked Questions

Can I hold both PFADX and IMRFX in my portfolio?

PFADX and IMRFX 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.

Which is riskier, PFADX or IMRFX?

IMRFX has higher volatility (2.78%) compared to PFADX (1.53%). In terms of maximum drawdown, PFADX dropped -16.64% vs IMRFX's -45.67%.

Which has better risk-adjusted returns?

PFADX currently has the higher Sharpe Ratio (2.10 vs 2.01), 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.