PHIYX vs. EBND
Compare and contrast key facts about PIMCO High Yield Fund (PHIYX) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND).
PHIYX is managed by PIMCO. It was launched on Dec 15, 1992. EBND is a passively managed fund by State Street that tracks the performance of the Bloomberg Emerging Market Local Currency Government Diversified. It was launched on Feb 23, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHIYX or EBND.
Correlation
The correlation between PHIYX and EBND is 0.39, 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.
Performance
PHIYX vs. EBND - Performance Comparison
Key characteristics
PHIYX:
1.97
EBND:
-0.22
PHIYX:
2.94
EBND:
-0.25
PHIYX:
1.41
EBND:
0.97
PHIYX:
2.72
EBND:
-0.09
PHIYX:
11.51
EBND:
-0.47
PHIYX:
0.58%
EBND:
3.38%
PHIYX:
3.41%
EBND:
7.42%
PHIYX:
-32.73%
EBND:
-29.50%
PHIYX:
-1.35%
EBND:
-15.53%
Returns By Period
In the year-to-date period, PHIYX achieves a 5.51% return, which is significantly higher than EBND's -2.34% return. Over the past 10 years, PHIYX has outperformed EBND with an annualized return of 4.07%, while EBND has yielded a comparatively lower -0.24% annualized return.
PHIYX
5.51%
-0.62%
3.61%
6.46%
2.79%
4.07%
EBND
-2.34%
-1.01%
1.92%
-1.37%
-2.17%
-0.24%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PHIYX vs. EBND - Expense Ratio Comparison
PHIYX has a 0.56% expense ratio, which is higher than EBND's 0.30% expense ratio.
Risk-Adjusted Performance
PHIYX vs. EBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) and SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND). 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
PHIYX vs. EBND - Dividend Comparison
PHIYX's dividend yield for the trailing twelve months is around 5.61%, less than EBND's 5.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHIYX PIMCO High Yield Fund | 5.61% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
EBND SPDR Bloomberg Barclays Emerging Markets Local Bond ETF | 5.87% | 5.27% | 4.74% | 3.83% | 3.67% | 4.68% | 4.70% | 2.00% | 0.00% | 0.00% | 0.24% | 2.31% |
Drawdowns
PHIYX vs. EBND - Drawdown Comparison
The maximum PHIYX drawdown since its inception was -32.73%, which is greater than EBND's maximum drawdown of -29.50%. Use the drawdown chart below to compare losses from any high point for PHIYX and EBND. For additional features, visit the drawdowns tool.
Volatility
PHIYX vs. EBND - Volatility Comparison
The current volatility for PIMCO High Yield Fund (PHIYX) is 0.78%, while SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) has a volatility of 2.22%. This indicates that PHIYX experiences smaller price fluctuations and is considered to be less risky than EBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.