PIGIX vs. TLT
Compare and contrast key facts about PIMCO Investment Grade Credit Bond Fund (PIGIX) and iShares 20+ Year Treasury Bond ETF (TLT).
PIGIX is managed by PIMCO. It was launched on Apr 28, 2000. TLT is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 20+ Year Treasury Bond Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIGIX or TLT.
Correlation
The correlation between PIGIX and TLT 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. TLT - Performance Comparison
Key characteristics
PIGIX:
1.26
TLT:
0.23
PIGIX:
1.86
TLT:
0.41
PIGIX:
1.22
TLT:
1.05
PIGIX:
0.51
TLT:
0.07
PIGIX:
3.92
TLT:
0.44
PIGIX:
1.81%
TLT:
7.49%
PIGIX:
5.64%
TLT:
14.42%
PIGIX:
-22.95%
TLT:
-48.35%
PIGIX:
-7.45%
TLT:
-41.51%
Returns By Period
In the year-to-date period, PIGIX achieves a 1.14% return, which is significantly lower than TLT's 2.09% return. Over the past 10 years, PIGIX has outperformed TLT with an annualized return of 2.07%, while TLT has yielded a comparatively lower -1.24% annualized return.
PIGIX
1.14%
-1.18%
0.63%
7.10%
0.38%
2.07%
TLT
2.09%
-1.34%
-2.75%
3.98%
-10.04%
-1.24%
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PIGIX vs. TLT - Expense Ratio Comparison
PIGIX has a 0.51% expense ratio, which is higher than TLT's 0.15% expense ratio.
Risk-Adjusted Performance
PIGIX vs. TLT — Risk-Adjusted Performance Rank
PIGIX
TLT
PIGIX vs. TLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Investment Grade Credit Bond Fund (PIGIX) and iShares 20+ Year Treasury Bond ETF (TLT). 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
PIGIX vs. TLT - Dividend Comparison
PIGIX's dividend yield for the trailing twelve months is around 4.50%, more than TLT's 4.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGIX PIMCO Investment Grade Credit Bond Fund | 4.50% | 4.36% | 3.82% | 4.06% | 3.67% | 3.42% | 3.94% | 4.06% | 3.71% | 3.92% | 5.02% | 3.91% |
TLT iShares 20+ Year Treasury Bond ETF | 4.27% | 4.30% | 3.38% | 2.67% | 1.50% | 1.50% | 2.27% | 2.63% | 2.43% | 2.60% | 2.61% | 2.67% |
Drawdowns
PIGIX vs. TLT - Drawdown Comparison
The maximum PIGIX drawdown since its inception was -22.95%, smaller than the maximum TLT drawdown of -48.35%. Use the drawdown chart below to compare losses from any high point for PIGIX and TLT. For additional features, visit the drawdowns tool.
Volatility
PIGIX vs. TLT - Volatility Comparison
The current volatility for PIMCO Investment Grade Credit Bond Fund (PIGIX) is 2.52%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 5.98%. This indicates that PIGIX experiences smaller price fluctuations and is considered to be less risky than TLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.