PFIIX vs. GSSRX
Compare and contrast key facts about PIMCO Low Duration Income Fund (PFIIX) and Goldman Sachs Short Duration Bond Fund (GSSRX).
PFIIX is managed by PIMCO. It was launched on Jul 30, 2004. GSSRX is managed by Goldman Sachs. It was launched on Feb 29, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFIIX or GSSRX.
Key characteristics
| PFIIX | GSSRX | |
|---|---|---|
| YTD Return | 6.77% | 4.32% |
| 1Y Return | 10.59% | 7.36% |
| 3Y Return (Ann) | 3.34% | 1.45% |
| 5Y Return (Ann) | 3.67% | 1.99% |
| 10Y Return (Ann) | 3.85% | 2.06% |
| Sharpe Ratio | 3.83 | 2.93 |
| Sortino Ratio | 6.44 | 4.86 |
| Omega Ratio | 1.94 | 1.67 |
| Calmar Ratio | 8.25 | 2.05 |
| Martin Ratio | 29.33 | 18.57 |
| Ulcer Index | 0.35% | 0.38% |
| Daily Std Dev | 2.69% | 2.43% |
| Max Drawdown | -29.16% | -8.53% |
| Current Drawdown | -0.02% | -0.68% |
Correlation
The correlation between PFIIX and GSSRX is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PFIIX vs. GSSRX - Performance Comparison
In the year-to-date period, PFIIX achieves a 6.77% return, which is significantly higher than GSSRX's 4.32% return. Over the past 10 years, PFIIX has outperformed GSSRX with an annualized return of 3.85%, while GSSRX has yielded a comparatively lower 2.06% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PFIIX vs. GSSRX - Expense Ratio Comparison
PFIIX has a 0.50% expense ratio, which is higher than GSSRX's 0.48% expense ratio.
Risk-Adjusted Performance
PFIIX vs. GSSRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Low Duration Income Fund (PFIIX) and Goldman Sachs Short Duration Bond Fund (GSSRX). 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.
Dividends
PFIIX vs. GSSRX - Dividend Comparison
PFIIX's dividend yield for the trailing twelve months is around 5.19%, more than GSSRX's 3.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFIIX PIMCO Low Duration Income Fund | 5.19% | 4.99% | 6.32% | 3.06% | 3.46% | 4.76% | 3.21% | 3.15% | 3.78% | 5.37% | 5.15% | 4.50% |
GSSRX Goldman Sachs Short Duration Bond Fund | 3.81% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% | 1.44% |
Drawdowns
PFIIX vs. GSSRX - Drawdown Comparison
The maximum PFIIX drawdown since its inception was -29.16%, which is greater than GSSRX's maximum drawdown of -8.53%. Use the drawdown chart below to compare losses from any high point for PFIIX and GSSRX. For additional features, visit the drawdowns tool.
Volatility
PFIIX vs. GSSRX - Volatility Comparison
PIMCO Low Duration Income Fund (PFIIX) has a higher volatility of 0.80% compared to Goldman Sachs Short Duration Bond Fund (GSSRX) at 0.59%. This indicates that PFIIX's price experiences larger fluctuations and is considered to be riskier than GSSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.