PFINX vs. JPDIX

Last updated Jun 4, 2026

PFINX (PIMCO Preferred and Capital Securities Fund) and JPDIX (JPMorgan Preferred and Income Securities Fund) are both Preferred Stock/Convertible Bonds funds. Over the past 3 years, PFINX returned 10.34%/yr vs 9.59%/yr for JPDIX. A 0.78 correlation means they provide meaningful diversification when combined. PFINX charges 0.79%/yr vs 0.59%/yr for JPDIX.

Performance

PFINX vs. JPDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Preferred and Capital Securities Fund (PFINX) and JPMorgan Preferred and Income Securities Fund (JPDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PFINX achieves a 1.82% return, which is significantly higher than JPDIX's 1.39% return.

PFINX

• 1D: 0.10%
• 1M: 0.62%
• YTD: 1.82%
• 6M: 0.78%
• 1Y: 8.47%
• 3Y*: 10.34%
• 5Y*: 2.98%
• 10Y*: 6.06%

JPDIX

• 1D: 0.00%
• 1M: 0.36%
• YTD: 1.39%
• 6M: 2.15%
• 1Y: 7.67%
• 3Y*: 9.59%
• 5Y*: —
• 10Y*: —

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

PFINX vs. JPDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
PFINX PIMCO Preferred and Capital Securities Fund	1.82%	8.73%	10.84%	7.03%	-7.44%
JPDIX JPMorgan Preferred and Income Securities Fund	1.39%	8.64%	10.59%	7.02%	-8.33%

Correlation

The correlation between PFINX and JPDIX is 0.67, 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	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (All Time) Calculated using the full available price history since Apr 1, 2022	0.78

The correlation between PFINX and JPDIX shifts across timeframes, from 0.67 (1 year) to 0.78 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PFINX vs. JPDIX — Risk / Return Rank

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

PFINX

PFINX Risk / Return Rank: 74
PFINX Sharpe Ratio Rank: 82
PFINX Sortino Ratio Rank: 86
PFINX Omega Ratio Rank: 92
PFINX Calmar Ratio Rank: 54
PFINX Martin Ratio Rank: 56

JPDIX

JPDIX Risk / Return Rank: 78
JPDIX Sharpe Ratio Rank: 84
JPDIX Sortino Ratio Rank: 94
JPDIX Omega Ratio Rank: 94
JPDIX Calmar Ratio Rank: 49
JPDIX Martin Ratio Rank: 68

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.

PFINX vs. JPDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Preferred and Capital Securities Fund (PFINX) and JPMorgan Preferred and Income Securities Fund (JPDIX). 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.

	PFINX	JPDIX	Difference
Sharpe ratio: Return per unit of total volatility	2.66	2.74	-0.08
Sortino ratio: Return per unit of downside risk	4.12	4.88	-0.76
Omega ratio: Gain probability vs. loss probability	1.70	1.73	-0.03
Calmar ratio: Return relative to maximum drawdown	2.81	2.68	+0.13
Martin ratio: Return relative to average drawdown	11.32	13.23	-1.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PFINX vs. JPDIX - Sharpe Ratio Comparison

The current PFINX Sharpe Ratio is 2.66, which is comparable to the JPDIX Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of PFINX and JPDIX, 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

	PFINX	JPDIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.66	2.74	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.99	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.85	+0.07

Drawdowns

PFINX vs. JPDIX - Drawdown Comparison

The maximum PFINX drawdown since its inception was -23.93%, which is greater than JPDIX's maximum drawdown of -14.56%. Use the drawdown chart below to compare losses from any high point for PFINX and JPDIX.

Drawdown Indicators

	PFINX	JPDIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.93%	-14.56%	-9.37%
Max Drawdown (1Y) Largest decline over 1 year	-3.09%	-2.92%	-0.17%
Max Drawdown (3Y) Largest decline over 3 years	-3.93%	-4.27%	+0.34%
Max Drawdown (5Y) Largest decline over 5 years	-22.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.93%	—	—
Current Drawdown Current decline from peak	-0.33%	0.00%	-0.33%
Average Drawdown Average peak-to-trough decline	-3.46%	-3.48%	+0.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	0.59%	+0.17%

Volatility

PFINX vs. JPDIX - Volatility Comparison

PIMCO Preferred and Capital Securities Fund (PFINX) and JPMorgan Preferred and Income Securities Fund (JPDIX) have volatilities of 0.85% and 0.87%, 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.

Volatility by Period

	PFINX	JPDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.85%	0.87%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	2.57%	2.36%	+0.21%
Volatility (1Y) Calculated over the trailing 1-year period	3.26%	2.85%	+0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.52%	5.18%	+0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.13%	5.18%	+0.95%

PFINX vs. JPDIX - Expense Ratio Comparison

PFINX has a 0.79% expense ratio, which is higher than JPDIX's 0.59% expense ratio.

Dividends

PFINX vs. JPDIX - Dividend Comparison

PFINX's dividend yield for the trailing twelve months is around 3.77%, less than JPDIX's 5.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JPDIX JPMorgan Preferred and Income Securities Fund	5.64%	5.53%	4.97%	4.45%	2.19%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFINX PIMCO Preferred and Capital Securities Fund	3.77%	3.74%	5.30%	6.26%	8.54%	5.79%	3.06%	6.40%	6.43%	7.08%	6.19%	2.34%

Frequently Asked Questions

Can I hold both PFINX and JPDIX in my portfolio?

PFINX and JPDIX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PFINX or JPDIX?

JPDIX has higher volatility (0.87%) compared to PFINX (0.85%). In terms of maximum drawdown, PFINX dropped -23.93% vs JPDIX's -14.56%.

Which has better risk-adjusted returns?

JPDIX currently has the higher Sharpe Ratio (2.74 vs 2.66), 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.