PIGIX vs. PRPIX
Compare and contrast key facts about PIMCO Investment Grade Credit Bond Fund (PIGIX) and T. Rowe Price Corporate Income Fund (PRPIX).
PIGIX is managed by PIMCO. It was launched on Apr 28, 2000. PRPIX is managed by T. Rowe Price. It was launched on Oct 31, 1995.
Performance
PIGIX vs. PRPIX - Performance Comparison
Loading graphics...
PIGIX vs. PRPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PRPIX T. Rowe Price Corporate Income Fund | -0.95% | 11.87% | 3.20% | 8.81% | -17.71% | -0.76% | 7.87% | 15.77% | -3.05% | 6.58% |
Returns By Period
In the year-to-date period, PIGIX achieves a -1.62% return, which is significantly lower than PRPIX's -0.95% return. Both investments have delivered pretty close results over the past 10 years, with PIGIX having a 2.86% annualized return and PRPIX 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%
PRPIX
- 1D
- 0.50%
- 1M
- -2.80%
- YTD
- -0.95%
- 6M
- 1.06%
- 1Y
- 8.14%
- 3Y*
- 6.22%
- 5Y*
- 1.16%
- 10Y*
- 2.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIGIX vs. PRPIX - Expense Ratio Comparison
PIGIX has a 0.51% expense ratio, which is lower than PRPIX's 0.56% expense ratio.
Return for Risk
PIGIX vs. PRPIX — Risk / Return Rank
PIGIX
PRPIX
PIGIX vs. PRPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund (PIGIX) and T. Rowe Price Corporate Income Fund (PRPIX). 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.
| PIGIX | PRPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.84 | 1.83 | -0.99 |
Sortino ratioReturn per unit of downside risk | 1.18 | 2.64 | -1.46 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.33 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.17 | 2.54 | -1.37 |
Martin ratioReturn relative to average drawdown | 3.97 | 9.06 | -5.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PIGIX | PRPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 1.83 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.18 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.48 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.05 | 0.87 | +0.18 |
Correlation
The correlation between PIGIX and PRPIX is 0.91, 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. PRPIX - Dividend Comparison
PIGIX's dividend yield for the trailing twelve months is around 4.47%, less than PRPIX's 8.71% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PRPIX T. Rowe Price Corporate Income Fund | 8.71% | 8.26% | 5.18% | 4.13% | 2.42% | 5.61% | 3.82% | 5.47% | 3.47% | 3.95% | 3.20% | 4.23% |
Drawdowns
PIGIX vs. PRPIX - Drawdown Comparison
The maximum PIGIX drawdown since its inception was -23.09%, roughly equal to the maximum PRPIX drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for PIGIX and PRPIX.
Loading graphics...
Drawdown Indicators
| PIGIX | PRPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.09% | -24.24% | +1.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.98% | -3.59% | -0.39% |
Max Drawdown (5Y)Largest decline over 5 years | -23.09% | -24.24% | +1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -23.09% | -24.24% | +1.15% |
Current DrawdownCurrent decline from peak | -3.44% | -2.80% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -3.07% | -3.21% | +0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 1.01% | +0.16% |
Volatility
PIGIX vs. PRPIX - Volatility Comparison
PIMCO Investment Grade Credit Bond Fund (PIGIX) has a higher volatility of 2.21% compared to T. Rowe Price Corporate Income Fund (PRPIX) at 1.72%. This indicates that PIGIX's price experiences larger fluctuations and is considered to be riskier than PRPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PIGIX | PRPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.21% | 1.72% | +0.49% |
Volatility (6M)Calculated over the trailing 6-month period | 3.17% | 2.92% | +0.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.15% | 4.78% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.38% | 6.57% | -0.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.78% | 6.01% | -0.23% |