PHK vs. VTIP
Compare and contrast key facts about PIMCO High Income Fund (PHK) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP).
VTIP is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Oct 12, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHK or VTIP.
Correlation
The correlation between PHK and VTIP is 0.11, 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
PHK vs. VTIP - Performance Comparison
Key characteristics
PHK:
1.22
VTIP:
2.53
PHK:
1.71
VTIP:
3.87
PHK:
1.25
VTIP:
1.51
PHK:
0.96
VTIP:
6.09
PHK:
7.44
VTIP:
16.10
PHK:
1.54%
VTIP:
0.29%
PHK:
9.40%
VTIP:
1.81%
PHK:
-75.28%
VTIP:
-6.27%
PHK:
-3.81%
VTIP:
-0.44%
Returns By Period
In the year-to-date period, PHK achieves a 9.23% return, which is significantly higher than VTIP's 4.58% return. Over a longer period, both investments have demonstrated similar performance, with their 10-year annualized returns being quite close: PHK at 2.55% and VTIP at 2.55%.
PHK
9.23%
-1.68%
7.08%
12.39%
2.31%
2.55%
VTIP
4.58%
-0.03%
2.38%
4.59%
3.42%
2.55%
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Risk-Adjusted Performance
PHK vs. VTIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Income Fund (PHK) and Vanguard Short-Term Inflation-Protected Securities ETF (VTIP). 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
PHK vs. VTIP - Dividend Comparison
PHK's dividend yield for the trailing twelve months is around 11.88%, more than VTIP's 2.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHK PIMCO High Income Fund | 11.88% | 12.51% | 12.18% | 9.37% | 10.60% | 10.55% | 12.13% | 13.32% | 13.48% | 16.97% | 13.01% | 12.57% |
VTIP Vanguard Short-Term Inflation-Protected Securities ETF | 2.90% | 3.36% | 6.84% | 4.68% | 1.20% | 1.95% | 2.45% | 1.52% | 0.76% | 0.00% | 0.82% | 0.05% |
Drawdowns
PHK vs. VTIP - Drawdown Comparison
The maximum PHK drawdown since its inception was -75.28%, which is greater than VTIP's maximum drawdown of -6.27%. Use the drawdown chart below to compare losses from any high point for PHK and VTIP. For additional features, visit the drawdowns tool.
Volatility
PHK vs. VTIP - Volatility Comparison
PIMCO High Income Fund (PHK) has a higher volatility of 2.46% compared to Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) at 0.41%. This indicates that PHK's price experiences larger fluctuations and is considered to be riskier than VTIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.