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 0.79, 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.
Performance
PIGIX vs. TLT - Performance Comparison
Key characteristics
PIGIX:
1.21
TLT:
-0.08
PIGIX:
1.79
TLT:
-0.02
PIGIX:
1.21
TLT:
1.00
PIGIX:
0.46
TLT:
-0.03
PIGIX:
3.55
TLT:
-0.17
PIGIX:
1.80%
TLT:
6.75%
PIGIX:
5.30%
TLT:
13.78%
PIGIX:
-22.95%
TLT:
-48.35%
PIGIX:
-7.31%
TLT:
-41.99%
Returns By Period
The year-to-date returns for both stocks are quite close, with PIGIX having a 1.30% return and TLT slightly lower at 1.24%. Over the past 10 years, PIGIX has outperformed TLT with an annualized return of 2.28%, while TLT has yielded a comparatively lower -1.08% annualized return.
PIGIX
1.30%
1.64%
0.18%
6.41%
-0.58%
2.28%
TLT
1.24%
1.40%
-8.84%
-1.08%
-7.35%
-1.08%
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. 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 4.39%, more than TLT's 4.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGIX PIMCO Investment Grade Credit Bond Fund | 4.39% | 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 | 4.26% | 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 1.47%, while iShares 20+ Year Treasury Bond ETF (TLT) has a volatility of 3.89%. 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.