PGAIX vs. SAWMX
PGAIX (PIMCO Global Core Asset Allocation Fund) and SAWMX (SA Worldwide Moderate Growth Fund) are both Global Allocation funds. Over the past 10 years, PGAIX returned 9.49%/yr vs 8.94%/yr for SAWMX. Their correlation of 0.86 suggests significant overlap in exposure. PGAIX charges 1.00%/yr vs 0.00%/yr for SAWMX.
Performance
PGAIX vs. SAWMX - Performance Comparison
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Returns By Period
In the year-to-date period, PGAIX achieves a 11.54% return, which is significantly higher than SAWMX's 9.88% return. Over the past 10 years, PGAIX has outperformed SAWMX with an annualized return of 9.49%, while SAWMX has yielded a comparatively lower 8.94% annualized return.
PGAIX
- 1D
- -1.08%
- 1M
- 1.04%
- YTD
- 11.54%
- 6M
- 11.27%
- 1Y
- 25.55%
- 3Y*
- 17.96%
- 5Y*
- 8.35%
- 10Y*
- 9.49%
SAWMX
- 1D
- -0.71%
- 1M
- 0.65%
- YTD
- 9.88%
- 6M
- 9.38%
- 1Y
- 21.27%
- 3Y*
- 14.28%
- 5Y*
- 8.05%
- 10Y*
- 8.94%
PGAIX vs. SAWMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGAIX PIMCO Global Core Asset Allocation Fund | 11.54% | 20.68% | 14.76% | 12.48% | -17.38% | 11.35% | 14.57% | 15.29% | -5.15% | 14.78% |
SAWMX SA Worldwide Moderate Growth Fund | 9.88% | 18.15% | 6.40% | 13.60% | -8.96% | 16.67% | 4.12% | 17.03% | -7.87% | 13.89% |
Correlation
The correlation between PGAIX and SAWMX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.86 |
The correlation between PGAIX and SAWMX has been stable across timeframes, ranging from 0.79 to 0.86 - a consistent structural relationship.
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Return for Risk
PGAIX vs. SAWMX — Risk / Return Rank
PGAIX
SAWMX
PGAIX vs. SAWMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Global Core Asset Allocation Fund (PGAIX) and SA Worldwide Moderate Growth Fund (SAWMX). 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 | SAWMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.64 | 1.61 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.71 | 4.22 | -0.52 |
| Martin ratioReturn relative to average drawdown | 15.74 | 16.70 | -0.96 |
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Drawdowns
PGAIX vs. SAWMX - Drawdown Comparison
The maximum PGAIX drawdown since its inception was -26.75%, smaller than the maximum SAWMX drawdown of -30.56%. Use the drawdown chart below to compare losses from any high point for PGAIX and SAWMX.
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Drawdown Indicators
| PGAIX | SAWMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.75% | -30.56% | +3.81% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -5.79% | -1.50% |
Max Drawdown (3Y)Largest decline over 3 years | -10.71% | -11.86% | +1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -22.49% | -17.57% | -4.92% |
Max Drawdown (10Y)Largest decline over 10 years | -26.75% | -30.56% | +3.81% |
Current DrawdownCurrent decline from peak | -1.34% | -1.14% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -4.66% | -3.68% | -0.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.41% | +0.30% |
Volatility
PGAIX vs. SAWMX - Volatility Comparison
PIMCO Global Core Asset Allocation Fund (PGAIX) has a higher volatility of 3.22% compared to SA Worldwide Moderate Growth Fund (SAWMX) at 2.54%. This indicates that PGAIX's price experiences larger fluctuations and is considered to be riskier than SAWMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGAIX | SAWMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.22% | 2.54% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 7.28% | 5.87% | +1.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.42% | 7.58% | +0.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.84% | 9.91% | -0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.21% | 11.04% | -0.83% |
PGAIX vs. SAWMX - Expense Ratio Comparison
PGAIX has a 1.00% expense ratio, which is higher than SAWMX's 0.00% expense ratio.
Dividends
PGAIX vs. SAWMX - Dividend Comparison
PGAIX's dividend yield for the trailing twelve months is around 7.43%, more than SAWMX's 5.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
PGAIX PIMCO Global Core Asset Allocation Fund | 7.43% | 1.78% | 4.27% | 1.54% | 1.07% | 1.10% | 10.94% | 2.49% | 3.12% | 1.67% | 1.66% |
SAWMX SA Worldwide Moderate Growth Fund | 5.42% | 5.95% | 3.34% | 4.20% | 8.36% | 4.52% | 4.88% | 5.66% | 6.82% | 1.28% | 1.96% |
Frequently Asked Questions
PGAIX and SAWMX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PGAIX has higher volatility (3.22%) compared to SAWMX (2.54%). In terms of maximum drawdown, PGAIX dropped -26.75% vs SAWMX's -30.56%.
SAWMX currently has the higher Sharpe Ratio (3.22 vs 3.21), 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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