Correlation
The correlation between PFIIX and GSSRX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
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.
Performance
PFIIX vs. GSSRX - Performance Comparison
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Key characteristics
PFIIX:
2.58
GSSRX:
2.87
PFIIX:
3.90
GSSRX:
4.95
PFIIX:
1.58
GSSRX:
1.68
PFIIX:
3.50
GSSRX:
5.66
PFIIX:
14.59
GSSRX:
16.15
PFIIX:
0.47%
GSSRX:
0.39%
PFIIX:
2.80%
GSSRX:
2.27%
PFIIX:
-28.32%
GSSRX:
-8.49%
PFIIX:
-0.39%
GSSRX:
-0.20%
Returns By Period
In the year-to-date period, PFIIX achieves a 2.53% return, which is significantly higher than GSSRX's 2.11% return. Over the past 10 years, PFIIX has outperformed GSSRX with an annualized return of 4.12%, while GSSRX has yielded a comparatively lower 2.25% annualized return.
PFIIX
2.53%
0.35%
2.94%
7.15%
5.87%
4.58%
4.12%
GSSRX
2.11%
0.45%
2.68%
6.46%
3.88%
2.03%
2.25%
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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 Rank
PFIIX
GSSRX
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.
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Dividends
PFIIX vs. GSSRX - Dividend Comparison
PFIIX's dividend yield for the trailing twelve months is around 6.16%, more than GSSRX's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFIIX PIMCO Low Duration Income Fund | 6.16% | 5.95% | 4.99% | 6.32% | 3.06% | 3.46% | 4.76% | 3.21% | 3.15% | 3.78% | 5.37% | 5.15% |
GSSRX Goldman Sachs Short Duration Bond Fund | 4.05% | 3.92% | 3.14% | 2.18% | 1.40% | 2.19% | 2.85% | 2.55% | 2.21% | 2.08% | 2.43% | 1.55% |
Drawdowns
PFIIX vs. GSSRX - Drawdown Comparison
The maximum PFIIX drawdown since its inception was -28.32%, which is greater than GSSRX's maximum drawdown of -8.49%. Use the drawdown chart below to compare losses from any high point for PFIIX and GSSRX.
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Volatility
PFIIX vs. GSSRX - Volatility Comparison
PIMCO Low Duration Income Fund (PFIIX) and Goldman Sachs Short Duration Bond Fund (GSSRX) have volatilities of 0.73% and 0.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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