PIMIX vs. AGG
Compare and contrast key facts about PIMCO Income Fund Institutional Class (PIMIX) and iShares Core U.S. Aggregate Bond ETF (AGG).
PIMIX is managed by PIMCO. It was launched on Mar 30, 2007. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIMIX or AGG.
Correlation
The correlation between PIMIX and AGG is -0.14. 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
PIMIX vs. AGG - Performance Comparison
Key characteristics
PIMIX:
2.11
AGG:
1.31
PIMIX:
3.22
AGG:
1.91
PIMIX:
1.42
AGG:
1.23
PIMIX:
3.11
AGG:
0.54
PIMIX:
9.40
AGG:
3.38
PIMIX:
0.92%
AGG:
2.09%
PIMIX:
4.13%
AGG:
5.38%
PIMIX:
-13.39%
AGG:
-18.43%
PIMIX:
-0.93%
AGG:
-6.44%
Returns By Period
The year-to-date returns for both investments are quite close, with PIMIX having a 2.62% return and AGG slightly higher at 2.74%. Over the past 10 years, PIMIX has outperformed AGG with an annualized return of 4.34%, while AGG has yielded a comparatively lower 1.45% annualized return.
PIMIX
2.62%
0.14%
3.45%
9.32%
4.90%
4.34%
AGG
2.74%
0.73%
1.95%
7.65%
-0.80%
1.45%
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PIMIX vs. AGG - Expense Ratio Comparison
PIMIX has a 0.62% expense ratio, which is higher than AGG's 0.05% expense ratio.
Risk-Adjusted Performance
PIMIX vs. AGG — Risk-Adjusted Performance Rank
PIMIX
AGG
PIMIX vs. AGG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Institutional Class (PIMIX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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
PIMIX vs. AGG - Dividend Comparison
PIMIX's dividend yield for the trailing twelve months is around 6.21%, more than AGG's 3.76% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIMIX PIMCO Income Fund Institutional Class | 6.21% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.76% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% |
Drawdowns
PIMIX vs. AGG - Drawdown Comparison
The maximum PIMIX drawdown since its inception was -13.39%, smaller than the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for PIMIX and AGG. For additional features, visit the drawdowns tool.
Volatility
PIMIX vs. AGG - Volatility Comparison
The current volatility for PIMCO Income Fund Institutional Class (PIMIX) is 1.97%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 2.25%. This indicates that PIMIX experiences smaller price fluctuations and is considered to be less risky than AGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.