PGOVX vs. PIGIX
Compare and contrast key facts about PIMCO Long-Term U.S. Government Fund (PGOVX) and PIMCO Investment Grade Credit Bond Fund (PIGIX).
PGOVX is managed by PIMCO. It was launched on Jan 2, 1994. PIGIX is managed by PIMCO. It was launched on Apr 28, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGOVX or PIGIX.
Correlation
The correlation between PGOVX and PIGIX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PGOVX vs. PIGIX - Performance Comparison
Key characteristics
PGOVX:
0.40
PIGIX:
1.40
PGOVX:
0.64
PIGIX:
2.07
PGOVX:
1.08
PIGIX:
1.25
PGOVX:
0.08
PIGIX:
0.57
PGOVX:
0.83
PIGIX:
4.39
PGOVX:
6.32%
PIGIX:
1.81%
PGOVX:
13.00%
PIGIX:
5.67%
PGOVX:
-89.85%
PIGIX:
-22.95%
PGOVX:
-61.99%
PIGIX:
-6.51%
Returns By Period
In the year-to-date period, PGOVX achieves a 2.57% return, which is significantly higher than PIGIX's 2.17% return. Over the past 10 years, PGOVX has underperformed PIGIX with an annualized return of -8.59%, while PIGIX has yielded a comparatively higher 2.22% annualized return.
PGOVX
2.57%
-0.36%
-0.60%
6.58%
-13.34%
-8.59%
PIGIX
2.17%
0.16%
1.77%
8.56%
0.59%
2.22%
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PGOVX vs. PIGIX - Expense Ratio Comparison
PGOVX has a 1.05% expense ratio, which is higher than PIGIX's 0.51% expense ratio.
Risk-Adjusted Performance
PGOVX vs. PIGIX — Risk-Adjusted Performance Rank
PGOVX
PIGIX
PGOVX vs. PIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Long-Term U.S. Government Fund (PGOVX) and PIMCO Investment Grade Credit Bond Fund (PIGIX). 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.
Dividends
PGOVX vs. PIGIX - Dividend Comparison
PGOVX's dividend yield for the trailing twelve months is around 3.14%, less than PIGIX's 4.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGOVX PIMCO Long-Term U.S. Government Fund | 3.14% | 3.42% | 2.85% | 2.79% | 2.06% | 3.76% | 2.61% | 2.70% | 2.51% | 2.89% | 4.73% | 2.62% |
PIGIX PIMCO Investment Grade Credit Bond Fund | 4.45% | 4.36% | 3.82% | 4.06% | 3.67% | 3.42% | 3.94% | 4.06% | 3.71% | 3.92% | 5.02% | 3.91% |
Drawdowns
PGOVX vs. PIGIX - Drawdown Comparison
The maximum PGOVX drawdown since its inception was -89.85%, which is greater than PIGIX's maximum drawdown of -22.95%. Use the drawdown chart below to compare losses from any high point for PGOVX and PIGIX. For additional features, visit the drawdowns tool.
Volatility
PGOVX vs. PIGIX - Volatility Comparison
PIMCO Long-Term U.S. Government Fund (PGOVX) has a higher volatility of 5.69% compared to PIMCO Investment Grade Credit Bond Fund (PIGIX) at 2.62%. This indicates that PGOVX's price experiences larger fluctuations and is considered to be riskier than PIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.