PFIIX vs. SWSBX
Compare and contrast key facts about PIMCO Low Duration Income Fund (PFIIX) and Schwab Short-Term Bond Index Fund (SWSBX).
PFIIX is managed by PIMCO. It was launched on Jul 30, 2004. SWSBX is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Government/Credit 1-5 Year Index. It was launched on Feb 23, 2017.
Performance
PFIIX vs. SWSBX - Performance Comparison
Loading graphics...
PFIIX vs. SWSBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFIIX PIMCO Low Duration Income Fund | -0.72% | 9.56% | 7.19% | 7.78% | -5.29% | 2.38% | 4.84% | 6.72% | 1.56% | 4.59% |
SWSBX Schwab Short-Term Bond Index Fund | -0.27% | 6.06% | 3.42% | 3.95% | -5.89% | -1.28% | 4.47% | 4.96% | 1.34% | 0.85% |
Returns By Period
In the year-to-date period, PFIIX achieves a -0.72% return, which is significantly lower than SWSBX's -0.27% return.
PFIIX
- 1D
- 0.25%
- 1M
- -1.92%
- YTD
- -0.72%
- 6M
- 1.39%
- 1Y
- 5.80%
- 3Y*
- 7.32%
- 5Y*
- 3.91%
- 10Y*
- 5.09%
SWSBX
- 1D
- 0.21%
- 1M
- -1.23%
- YTD
- -0.27%
- 6M
- 0.88%
- 1Y
- 3.63%
- 3Y*
- 3.74%
- 5Y*
- 1.25%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PFIIX vs. SWSBX - Expense Ratio Comparison
PFIIX has a 0.50% expense ratio, which is higher than SWSBX's 0.06% expense ratio.
Return for Risk
PFIIX vs. SWSBX — Risk / Return Rank
PFIIX
SWSBX
PFIIX vs. SWSBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Low Duration Income Fund (PFIIX) and Schwab Short-Term Bond Index Fund (SWSBX). 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.
| PFIIX | SWSBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.17 | 1.71 | +0.46 |
Sortino ratioReturn per unit of downside risk | 3.34 | 2.83 | +0.51 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.36 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 2.92 | 2.79 | +0.13 |
Martin ratioReturn relative to average drawdown | 11.40 | 10.25 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PFIIX | SWSBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.17 | 1.71 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.27 | 0.42 | +0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.91 | 0.76 | +0.15 |
Correlation
The correlation between PFIIX and SWSBX is 0.50, 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.
Dividends
PFIIX vs. SWSBX - Dividend Comparison
PFIIX's dividend yield for the trailing twelve months is around 5.05%, more than SWSBX's 3.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFIIX PIMCO Low Duration Income Fund | 5.05% | 5.49% | 5.94% | 4.97% | 5.35% | 3.06% | 3.44% | 4.74% | 3.22% | 3.13% | 3.75% | 5.36% |
SWSBX Schwab Short-Term Bond Index Fund | 3.79% | 4.09% | 3.66% | 2.36% | 1.11% | 0.97% | 1.82% | 2.41% | 2.12% | 1.56% | 0.00% | 0.00% |
Drawdowns
PFIIX vs. SWSBX - Drawdown Comparison
The maximum PFIIX drawdown since its inception was -28.35%, which is greater than SWSBX's maximum drawdown of -9.06%. Use the drawdown chart below to compare losses from any high point for PFIIX and SWSBX.
Loading graphics...
Drawdown Indicators
| PFIIX | SWSBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.35% | -9.06% | -19.29% |
Max Drawdown (1Y)Largest decline over 1 year | -2.16% | -1.54% | -0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -8.84% | -9.06% | +0.22% |
Max Drawdown (10Y)Largest decline over 10 years | -11.72% | — | — |
Current DrawdownCurrent decline from peak | -1.92% | -1.23% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -2.62% | -1.81% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 0.42% | +0.13% |
Volatility
PFIIX vs. SWSBX - Volatility Comparison
PIMCO Low Duration Income Fund (PFIIX) has a higher volatility of 1.17% compared to Schwab Short-Term Bond Index Fund (SWSBX) at 0.73%. This indicates that PFIIX's price experiences larger fluctuations and is considered to be riskier than SWSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PFIIX | SWSBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 0.73% | +0.44% |
Volatility (6M)Calculated over the trailing 6-month period | 1.84% | 1.49% | +0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.94% | 2.40% | +0.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.11% | 2.95% | +0.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.17% | 2.47% | +0.70% |