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PIGIX vs. CORP
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIGIX vs. CORP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Investment Grade Credit Bond Fund (PIGIX) and PIMCO Investment Grade Corporate Bond Index ETF (CORP). The values are adjusted to include any dividend payments, if applicable.

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PIGIX vs. CORP - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIGIX
PIMCO Investment Grade Credit Bond Fund
-1.62%8.52%3.28%7.97%-16.67%-1.03%7.53%14.75%-1.99%7.96%
CORP
PIMCO Investment Grade Corporate Bond Index ETF
-0.32%7.96%2.47%9.13%-14.96%-1.18%9.70%14.80%-3.29%6.56%

Returns By Period

In the year-to-date period, PIGIX achieves a -1.62% return, which is significantly lower than CORP's -0.32% return. Both investments have delivered pretty close results over the past 10 years, with PIGIX having a 2.86% annualized return and CORP not far ahead at 2.89%.


PIGIX

1D
0.56%
1M
-3.44%
YTD
-1.62%
6M
-0.64%
1Y
3.68%
3Y*
4.67%
5Y*
0.51%
10Y*
2.86%

CORP

1D
0.53%
1M
-1.93%
YTD
-0.32%
6M
0.49%
1Y
4.97%
3Y*
4.93%
5Y*
1.05%
10Y*
2.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIGIX vs. CORP - Expense Ratio Comparison

PIGIX has a 0.51% expense ratio, which is higher than CORP's 0.20% expense ratio.


Return for Risk

PIGIX vs. CORP — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PIGIX
PIGIX Risk / Return Rank: 3939
Overall Rank
PIGIX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
PIGIX Sortino Ratio Rank: 3636
Sortino Ratio Rank
PIGIX Omega Ratio Rank: 3030
Omega Ratio Rank
PIGIX Calmar Ratio Rank: 4848
Calmar Ratio Rank
PIGIX Martin Ratio Rank: 3838
Martin Ratio Rank

CORP
CORP Risk / Return Rank: 5757
Overall Rank
CORP Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
CORP Sortino Ratio Rank: 5252
Sortino Ratio Rank
CORP Omega Ratio Rank: 4949
Omega Ratio Rank
CORP Calmar Ratio Rank: 7171
Calmar Ratio Rank
CORP Martin Ratio Rank: 5656
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PIGIX vs. CORP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund (PIGIX) and PIMCO Investment Grade Corporate Bond Index ETF (CORP). 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.


PIGIXCORPDifference

Sharpe ratio

Return per unit of total volatility

0.84

0.98

-0.13

Sortino ratio

Return per unit of downside risk

1.18

1.34

-0.16

Omega ratio

Gain probability vs. loss probability

1.15

1.18

-0.03

Calmar ratio

Return relative to maximum drawdown

1.17

1.75

-0.58

Martin ratio

Return relative to average drawdown

3.97

5.39

-1.42

PIGIX vs. CORP - Sharpe Ratio Comparison

The current PIGIX Sharpe Ratio is 0.84, which is comparable to the CORP Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of PIGIX and CORP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PIGIXCORPDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.84

0.98

-0.13

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.08

0.15

-0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.41

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

1.05

0.55

+0.49

Correlation

The correlation between PIGIX and CORP is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

PIGIX vs. CORP - Dividend Comparison

PIGIX's dividend yield for the trailing twelve months is around 4.47%, less than CORP's 4.86% yield.


TTM20252024202320222021202020192018201720162015
PIGIX
PIMCO Investment Grade Credit Bond Fund
4.47%4.69%4.37%3.48%3.37%4.50%3.81%3.93%4.22%4.47%3.91%6.70%
CORP
PIMCO Investment Grade Corporate Bond Index ETF
4.86%4.77%4.74%4.12%3.28%2.51%2.90%3.25%3.18%3.08%2.91%3.14%

Drawdowns

PIGIX vs. CORP - Drawdown Comparison

The maximum PIGIX drawdown since its inception was -23.09%, which is greater than CORP's maximum drawdown of -21.21%. Use the drawdown chart below to compare losses from any high point for PIGIX and CORP.


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Drawdown Indicators


PIGIXCORPDifference

Max Drawdown

Largest peak-to-trough decline

-23.09%

-21.21%

-1.88%

Max Drawdown (1Y)

Largest decline over 1 year

-3.98%

-2.97%

-1.01%

Max Drawdown (5Y)

Largest decline over 5 years

-23.09%

-21.21%

-1.88%

Max Drawdown (10Y)

Largest decline over 10 years

-23.09%

-21.21%

-1.88%

Current Drawdown

Current decline from peak

-3.44%

-1.93%

-1.51%

Average Drawdown

Average peak-to-trough decline

-3.07%

-3.64%

+0.57%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.17%

0.96%

+0.21%

Volatility

PIGIX vs. CORP - Volatility Comparison

PIMCO Investment Grade Credit Bond Fund (PIGIX) has a higher volatility of 2.21% compared to PIMCO Investment Grade Corporate Bond Index ETF (CORP) at 1.95%. This indicates that PIGIX's price experiences larger fluctuations and is considered to be riskier than CORP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PIGIXCORPDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.21%

1.95%

+0.26%

Volatility (6M)

Calculated over the trailing 6-month period

3.17%

2.81%

+0.36%

Volatility (1Y)

Calculated over the trailing 1-year period

5.15%

5.12%

+0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.38%

6.87%

-0.49%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.78%

7.07%

-1.29%