PFLEX vs. PFORX
Compare and contrast key facts about PIMCO Flexible Credit Income Fund (PFLEX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX).
PFLEX is managed by PIMCO. It was launched on Feb 21, 2017. PFORX is managed by PIMCO. It was launched on Dec 1, 1992.
Performance
PFLEX vs. PFORX - Performance Comparison
Loading graphics...
PFLEX vs. PFORX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFLEX PIMCO Flexible Credit Income Fund | -3.66% | 7.28% | 15.26% | 10.05% | -14.68% | 11.87% | 4.29% | 10.63% | 2.86% | 4.70% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | -2.23% | 4.33% | 5.70% | 9.52% | -10.33% | -1.67% | 6.17% | 7.64% | 2.64% | 3.42% |
Returns By Period
In the year-to-date period, PFLEX achieves a -3.66% return, which is significantly lower than PFORX's -2.23% return.
PFLEX
- 1D
- 0.00%
- 1M
- -2.56%
- YTD
- -3.66%
- 6M
- -4.14%
- 1Y
- 0.58%
- 3Y*
- 8.76%
- 5Y*
- 3.83%
- 10Y*
- —
PFORX
- 1D
- 0.31%
- 1M
- -3.69%
- YTD
- -2.23%
- 6M
- -1.20%
- 1Y
- 1.73%
- 3Y*
- 4.71%
- 5Y*
- 1.08%
- 10Y*
- 2.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PFLEX vs. PFORX - Expense Ratio Comparison
PFLEX has a 2.10% expense ratio, which is higher than PFORX's 0.50% expense ratio.
Return for Risk
PFLEX vs. PFORX — Risk / Return Rank
PFLEX
PFORX
PFLEX vs. PFORX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Flexible Credit Income Fund (PFLEX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX). 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.
| PFLEX | PFORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.32 | 0.64 | -0.31 |
Sortino ratioReturn per unit of downside risk | 0.48 | 0.89 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.12 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.75 | 0.61 | +0.14 |
Martin ratioReturn relative to average drawdown | 2.82 | 2.82 | 0.00 |
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
| PFLEX | PFORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.32 | 0.64 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.77 | 0.31 | +0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 1.25 | -0.38 |
Correlation
The correlation between PFLEX and PFORX is 0.26, 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.
Dividends
PFLEX vs. PFORX - Dividend Comparison
PFLEX's dividend yield for the trailing twelve months is around 4.30%, more than PFORX's 3.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLEX PIMCO Flexible Credit Income Fund | 4.30% | 6.59% | 10.51% | 12.77% | 14.50% | 9.06% | 8.51% | 9.86% | 10.59% | 0.00% | 0.00% | 0.00% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 3.88% | 4.23% | 4.91% | 3.02% | 3.65% | 1.55% | 2.46% | 6.86% | 2.90% | 1.46% | 1.38% | 9.12% |
Drawdowns
PFLEX vs. PFORX - Drawdown Comparison
The maximum PFLEX drawdown since its inception was -24.60%, which is greater than PFORX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for PFLEX and PFORX.
Loading graphics...
Drawdown Indicators
| PFLEX | PFORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.60% | -13.87% | -10.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.28% | -3.99% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -18.06% | -13.71% | -4.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -13.87% | — |
Current DrawdownCurrent decline from peak | -4.28% | -3.69% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -1.95% | -2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.87% | +0.27% |
Volatility
PFLEX vs. PFORX - Volatility Comparison
The current volatility for PIMCO Flexible Credit Income Fund (PFLEX) is 1.04%, while PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX) has a volatility of 1.93%. This indicates that PFLEX experiences smaller price fluctuations and is considered to be less risky than PFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PFLEX | PFORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.93% | -0.89% |
Volatility (6M)Calculated over the trailing 6-month period | 2.23% | 2.53% | -0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 3.38% | +0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.26% | 3.46% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.89% | 3.08% | +2.81% |