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PIGIX vs. PGOVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIGIX and PGOVX 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

PIGIX vs. PGOVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Investment Grade Credit Bond Fund (PIGIX) and PIMCO Long-Term U.S. Government Fund (PGOVX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

PIGIX:

0.88

PGOVX:

-0.17

Sortino Ratio

PIGIX:

1.54

PGOVX:

0.04

Omega Ratio

PIGIX:

1.18

PGOVX:

1.00

Calmar Ratio

PIGIX:

0.49

PGOVX:

-0.01

Martin Ratio

PIGIX:

3.21

PGOVX:

-0.07

Ulcer Index

PIGIX:

1.84%

PGOVX:

6.71%

Daily Std Dev

PIGIX:

5.69%

PGOVX:

13.03%

Max Drawdown

PIGIX:

-22.30%

PGOVX:

-89.85%

Current Drawdown

PIGIX:

-6.17%

PGOVX:

-63.33%

Returns By Period

In the year-to-date period, PIGIX achieves a 1.67% return, which is significantly higher than PGOVX's -1.04% return. Over the past 10 years, PIGIX has outperformed PGOVX with an annualized return of 2.69%, while PGOVX has yielded a comparatively lower -8.43% annualized return.


PIGIX

YTD

1.67%

1M

0.63%

6M

1.80%

1Y

4.95%

5Y*

0.73%

10Y*

2.69%

PGOVX

YTD

-1.04%

1M

-2.25%

6M

-2.86%

1Y

-2.25%

5Y*

-13.55%

10Y*

-8.43%

*Annualized

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PIGIX vs. PGOVX - Expense Ratio Comparison

PIGIX has a 0.51% expense ratio, which is lower than PGOVX's 1.05% expense ratio.


Risk-Adjusted Performance

PIGIX vs. PGOVX — Risk-Adjusted Performance Rank

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

PIGIX
The Risk-Adjusted Performance Rank of PIGIX is 7575
Overall Rank
The Sharpe Ratio Rank of PIGIX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of PIGIX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of PIGIX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of PIGIX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of PIGIX is 7575
Martin Ratio Rank

PGOVX
The Risk-Adjusted Performance Rank of PGOVX is 1414
Overall Rank
The Sharpe Ratio Rank of PGOVX is 1111
Sharpe Ratio Rank
The Sortino Ratio Rank of PGOVX is 1414
Sortino Ratio Rank
The Omega Ratio Rank of PGOVX is 1414
Omega Ratio Rank
The Calmar Ratio Rank of PGOVX is 1717
Calmar Ratio Rank
The Martin Ratio Rank of PGOVX is 1616
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

PIGIX vs. PGOVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund (PIGIX) and PIMCO Long-Term U.S. Government Fund (PGOVX). 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.


The current PIGIX Sharpe Ratio is 0.88, which is higher than the PGOVX Sharpe Ratio of -0.17. The chart below compares the historical Sharpe Ratios of PIGIX and PGOVX, 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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Dividends

PIGIX vs. PGOVX - Dividend Comparison

PIGIX's dividend yield for the trailing twelve months is around 4.54%, more than PGOVX's 2.96% yield.


TTM20242023202220212020201920182017201620152014
PIGIX
PIMCO Investment Grade Credit Bond Fund
4.54%4.38%3.82%4.07%4.51%3.79%3.93%4.20%4.47%3.92%6.71%5.46%
PGOVX
PIMCO Long-Term U.S. Government Fund
2.96%3.42%2.85%2.79%2.06%3.76%2.61%2.70%2.51%2.89%4.73%2.62%

Drawdowns

PIGIX vs. PGOVX - Drawdown Comparison

The maximum PIGIX drawdown since its inception was -22.30%, smaller than the maximum PGOVX drawdown of -89.85%. Use the drawdown chart below to compare losses from any high point for PIGIX and PGOVX. For additional features, visit the drawdowns tool.


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Volatility

PIGIX vs. PGOVX - Volatility Comparison

The current volatility for PIMCO Investment Grade Credit Bond Fund (PIGIX) is 1.69%, while PIMCO Long-Term U.S. Government Fund (PGOVX) has a volatility of 3.44%. This indicates that PIGIX experiences smaller price fluctuations and is considered to be less risky than PGOVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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