PHIYX vs. FSIGX
Compare and contrast key facts about PIMCO High Yield Fund (PHIYX) and Fidelity Series Investment Grade Bond Fund (FSIGX).
PHIYX is managed by PIMCO. It was launched on Dec 15, 1992. FSIGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHIYX or FSIGX.
Correlation
The correlation between PHIYX and FSIGX is -0.15. 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
PHIYX vs. FSIGX - Performance Comparison
Key characteristics
PHIYX:
1.71
FSIGX:
1.05
PHIYX:
2.33
FSIGX:
1.67
PHIYX:
1.35
FSIGX:
1.19
PHIYX:
1.77
FSIGX:
0.53
PHIYX:
7.32
FSIGX:
3.06
PHIYX:
0.84%
FSIGX:
2.02%
PHIYX:
3.78%
FSIGX:
5.55%
PHIYX:
-32.73%
FSIGX:
-19.36%
PHIYX:
-1.12%
FSIGX:
-5.58%
Returns By Period
In the year-to-date period, PHIYX achieves a 0.78% return, which is significantly lower than FSIGX's 2.25% return. Over the past 10 years, PHIYX has outperformed FSIGX with an annualized return of 3.91%, while FSIGX has yielded a comparatively lower 1.85% annualized return.
PHIYX
0.78%
1.92%
0.89%
6.43%
4.65%
3.91%
FSIGX
2.25%
0.46%
1.42%
5.85%
-0.05%
1.85%
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PHIYX vs. FSIGX - Expense Ratio Comparison
Risk-Adjusted Performance
PHIYX vs. FSIGX — Risk-Adjusted Performance Rank
PHIYX
FSIGX
PHIYX vs. FSIGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) and Fidelity Series Investment Grade Bond Fund (FSIGX). 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. FSIGX - Dividend Comparison
PHIYX's dividend yield for the trailing twelve months is around 5.77%, more than FSIGX's 4.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHIYX PIMCO High Yield Fund | 5.77% | 6.18% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% |
FSIGX Fidelity Series Investment Grade Bond Fund | 4.39% | 4.38% | 4.00% | 3.16% | 2.17% | 2.58% | 3.09% | 3.20% | 2.52% | 2.78% | 3.50% | 2.68% |
Drawdowns
PHIYX vs. FSIGX - Drawdown Comparison
The maximum PHIYX drawdown since its inception was -32.73%, which is greater than FSIGX's maximum drawdown of -19.36%. Use the drawdown chart below to compare losses from any high point for PHIYX and FSIGX. For additional features, visit the drawdowns tool.
Volatility
PHIYX vs. FSIGX - Volatility Comparison
The current volatility for PIMCO High Yield Fund (PHIYX) is 1.22%, while Fidelity Series Investment Grade Bond Fund (FSIGX) has a volatility of 1.72%. This indicates that PHIYX experiences smaller price fluctuations and is considered to be less risky than FSIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.