PFDOX vs. JSVIX

Last updated Jun 3, 2026

PFDOX (PFG Active Core Bond Strategy Fund) and JSVIX (Easterly Income Opportunities Fund) are both Multisector Bonds funds. Over the past 5 years, PFDOX returned -0.13%/yr vs 3.28%/yr for JSVIX. A 0.64 correlation means they provide meaningful diversification when combined. PFDOX charges 2.03%/yr vs 1.48%/yr for JSVIX.

Performance

PFDOX vs. JSVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PFG Active Core Bond Strategy Fund (PFDOX) and Easterly Income Opportunities Fund (JSVIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFDOX achieves a -0.23% return, which is significantly lower than JSVIX's 0.37% return.

PFDOX

• 1D: -0.12%
• 1M: 0.23%
• YTD: -0.23%
• 6M: 0.02%
• 1Y: 4.97%
• 3Y*: 4.24%
• 5Y*: -0.13%
• 10Y*: —

JSVIX

• 1D: -0.10%
• 1M: 0.03%
• YTD: 0.37%
• 6M: 0.93%
• 1Y: 5.10%
• 3Y*: 6.45%
• 5Y*: 3.28%
• 10Y*: —

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

PFDOX vs. JSVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PFDOX PFG Active Core Bond Strategy Fund	-0.23%	7.49%	2.02%	5.41%	-13.51%	-1.65%	5.76%	6.10%	0.20%
JSVIX Easterly Income Opportunities Fund	0.37%	7.88%	8.22%	5.92%	-6.27%	4.79%	14.05%	7.32%	1.26%

Correlation

The correlation between PFDOX and JSVIX is 0.65, 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	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018	0.64

The correlation between PFDOX and JSVIX has been stable across timeframes, ranging from 0.64 to 0.74 - a consistent structural relationship.

Return for Risk

PFDOX vs. JSVIX — Risk / Return Rank

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

PFDOX

PFDOX Risk / Return Rank: 19
PFDOX Sharpe Ratio Rank: 20
PFDOX Sortino Ratio Rank: 19
PFDOX Omega Ratio Rank: 21
PFDOX Calmar Ratio Rank: 17
PFDOX Martin Ratio Rank: 16

JSVIX

JSVIX Risk / Return Rank: 79
JSVIX Sharpe Ratio Rank: 89
JSVIX Sortino Ratio Rank: 93
JSVIX Omega Ratio Rank: 93
JSVIX Calmar Ratio Rank: 77
JSVIX Martin Ratio Rank: 44

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.

PFDOX vs. JSVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PFG Active Core Bond Strategy Fund (PFDOX) and Easterly Income Opportunities Fund (JSVIX). 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.

	PFDOX	JSVIX	Difference
Sharpe ratio Return per unit of total volatility	1.29	2.94	-1.65
Sortino ratio Return per unit of downside risk	1.85	4.73	-2.88
Omega ratio Gain probability vs. loss probability	1.24	1.72	-0.48
Calmar ratio Return relative to maximum drawdown	1.50	3.50	-2.01
Martin ratio Return relative to average drawdown	4.59	9.41	-4.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFDOX vs. JSVIX - Sharpe Ratio Comparison

The current PFDOX Sharpe Ratio is 1.29, which is lower than the JSVIX Sharpe Ratio of 2.94. The chart below compares the historical Sharpe Ratios of PFDOX and JSVIX, 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

	PFDOX	JSVIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	2.94	-1.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.02	1.32	-1.35
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	2.16	-1.96

Drawdowns

PFDOX vs. JSVIX - Drawdown Comparison

The maximum PFDOX drawdown since its inception was -19.45%, which is greater than JSVIX's maximum drawdown of -8.75%. Use the drawdown chart below to compare losses from any high point for PFDOX and JSVIX.

Drawdown Indicators

	PFDOX	JSVIX	Difference
Max Drawdown Largest peak-to-trough decline	-19.45%	-8.75%	-10.70%
Max Drawdown (1Y) Largest decline over 1 year	-3.40%	-1.49%	-1.91%
Max Drawdown (3Y) Largest decline over 3 years	-5.06%	-1.49%	-3.57%
Max Drawdown (5Y) Largest decline over 5 years	-19.45%	-8.75%	-10.70%
Current Drawdown Current decline from peak	-3.60%	-1.16%	-2.44%
Average Drawdown Average peak-to-trough decline	-6.00%	-1.71%	-4.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	0.55%	+0.56%

Volatility

PFDOX vs. JSVIX - Volatility Comparison

PFG Active Core Bond Strategy Fund (PFDOX) has a higher volatility of 1.49% compared to Easterly Income Opportunities Fund (JSVIX) at 0.40%. This indicates that PFDOX's price experiences larger fluctuations and is considered to be riskier than JSVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PFDOX	JSVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.49%	0.40%	+1.09%
Volatility (6M) Calculated over the trailing 6-month period	2.97%	1.18%	+1.79%
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	1.75%	+2.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	2.49%	+3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.84%	2.56%	+2.28%

PFDOX vs. JSVIX - Expense Ratio Comparison

PFDOX has a 2.03% expense ratio, which is higher than JSVIX's 1.48% expense ratio.

Dividends

PFDOX vs. JSVIX - Dividend Comparison

PFDOX's dividend yield for the trailing twelve months is around 2.80%, less than JSVIX's 5.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
JSVIX Easterly Income Opportunities Fund	5.03%	4.83%	5.88%	5.33%	5.57%	5.34%	6.69%	6.29%	0.96%	0.00%
PFDOX PFG Active Core Bond Strategy Fund	2.80%	2.79%	3.36%	2.91%	3.13%	3.66%	2.68%	2.29%	0.92%	0.18%

Frequently Asked Questions

Can I hold both PFDOX and JSVIX in my portfolio?

PFDOX and JSVIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFDOX or JSVIX?

PFDOX has higher volatility (1.49%) compared to JSVIX (0.40%). In terms of maximum drawdown, PFDOX dropped -19.45% vs JSVIX's -8.75%.

Which has better risk-adjusted returns?

JSVIX currently has the higher Sharpe Ratio (2.94 vs 1.29), 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.