PGAIX vs. PISIX
PGAIX (PIMCO Global Core Asset Allocation Fund) and PISIX (PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged)) are both mutual funds - PGAIX is a Global Allocation fund managed by PIMCO, while PISIX is a Foreign Large Cap Equities fund managed by PIMCO. Over the past 10 years, PGAIX returned 9.05%/yr vs 12.32%/yr for PISIX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PGAIX charges 1.00%/yr vs 0.76%/yr for PISIX.
Performance
PGAIX vs. PISIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with PGAIX having a 13.00% return and PISIX slightly higher at 13.06%. Over the past 10 years, PGAIX has underperformed PISIX with an annualized return of 9.05%, while PISIX has yielded a comparatively higher 12.32% annualized return.
PGAIX
- 1D
- 0.81%
- 1M
- 0.65%
- 6M
- 8.28%
- YTD
- 13.00%
- 1Y
- 25.29%
- 3Y*
- 17.37%
- 5Y*
- 8.42%
- 10Y*
- 9.05%
- ALL TIME*
- 7.27%
PISIX
- 1D
- 0.19%
- 1M
- -0.39%
- 6M
- 8.99%
- YTD
- 13.06%
- 1Y
- 21.22%
- 3Y*
- 16.78%
- 5Y*
- 12.07%
- 10Y*
- 12.32%
- ALL TIME*
- 10.21%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PGAIX vs. PISIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGAIX PIMCO Global Core Asset Allocation Fund | 13.00% | 20.68% | 14.76% | 12.48% | -17.38% | 11.35% | 14.57% | 15.29% | -5.15% | 14.78% |
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 13.06% | 17.68% | 14.87% | 21.70% | -8.86% | 18.37% | 4.29% | 26.40% | -10.00% | 18.81% |
Correlation
The correlation between PGAIX and PISIX is 0.66, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.66 |
Correlation (3Y) Balances recent behavior with more history. | 0.56 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2008 | 0.68 |
The correlation between PGAIX and PISIX shifts across timeframes, from 0.55 (5 years) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PGAIX vs. PISIX — Risk / Return Rank
PGAIX
PISIX
PGAIX vs. PISIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Global Core Asset Allocation Fund (PGAIX) and PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PGAIX | PISIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.56 | ||
| Sortino ratioReturn per unit of downside risk | +2.28 | ||
| Omega ratioGain probability vs. loss probability | 1.56 | 1.28 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.41 | 1.86 | +1.55 |
| Martin ratioReturn relative to average drawdown | 14.35 | 6.59 | +7.76 |
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Drawdowns
PGAIX vs. PISIX - Drawdown Comparison
The maximum PGAIX drawdown since its inception was -26.75%, smaller than the maximum PISIX drawdown of -57.47%. Use the drawdown chart below to compare losses from any high point for PGAIX and PISIX.
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Drawdown Indicators
| PGAIX | PISIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.75% | -57.47% | +30.72% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -10.71% | +3.42% |
Max Drawdown (3Y)Largest decline over 3 years | -10.71% | -15.21% | +4.50% |
Max Drawdown (5Y)Largest decline over 5 years | -22.49% | -18.93% | -3.56% |
Max Drawdown (10Y)Largest decline over 10 years | -26.75% | -35.44% | +8.69% |
Current DrawdownCurrent decline from peak | -0.05% | -0.96% | +0.91% |
Average DrawdownAverage peak-to-trough decline | -4.63% | -7.15% | +2.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.73% | 3.02% | -1.29% |
Volatility
PGAIX vs. PISIX - Volatility Comparison
The current volatility for PIMCO Global Core Asset Allocation Fund (PGAIX) is 2.30%, while PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) has a volatility of 3.44%. This indicates that PGAIX experiences smaller price fluctuations and is considered to be less risky than PISIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGAIX | PISIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.30% | 3.44% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.33% | 11.67% | -4.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.56% | 14.78% | -6.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.83% | 14.25% | -4.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.20% | 14.38% | -4.18% |
PGAIX vs. PISIX - Expense Ratio Comparison
PGAIX has a 1.00% expense ratio, which is higher than PISIX's 0.76% expense ratio.
Dividends
PGAIX vs. PISIX - Dividend Comparison
PGAIX's dividend yield for the trailing twelve months is around 7.34%, more than PISIX's 4.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGAIX PIMCO Global Core Asset Allocation Fund | 7.34% | 1.78% | 4.27% | 1.54% | 1.07% | 1.10% | 10.94% | 2.49% | 3.12% | 1.67% | 1.66% | 0.00% |
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 4.90% | 5.14% | 11.81% | 10.04% | 10.11% | 7.31% | 1.42% | 11.47% | 7.99% | 7.36% | 1.02% | 8.16% |
Frequently Asked Questions
PGAIX and PISIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PISIX has higher volatility (3.44%) compared to PGAIX (2.30%). In terms of maximum drawdown, PGAIX dropped -26.75% vs PISIX's -57.47%.
PGAIX currently has the higher Sharpe Ratio (2.91 vs 1.35), 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.
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