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.
Performance
PIMIX vs. AGG - Performance Comparison
Returns By Period
In the year-to-date period, PIMIX achieves a 4.85% return, which is significantly higher than AGG's 1.86% return. Over the past 10 years, PIMIX has outperformed AGG with an annualized return of 4.16%, while AGG has yielded a comparatively lower 1.45% annualized return.
PIMIX
4.85%
-0.14%
3.95%
9.46%
3.19%
4.16%
AGG
1.86%
-0.81%
3.54%
6.37%
-0.25%
1.45%
Key characteristics
| PIMIX | AGG | |
|---|---|---|
| Sharpe Ratio | 2.17 | 1.12 |
| Sortino Ratio | 3.29 | 1.64 |
| Omega Ratio | 1.43 | 1.20 |
| Calmar Ratio | 2.55 | 0.45 |
| Martin Ratio | 10.44 | 3.65 |
| Ulcer Index | 0.90% | 1.77% |
| Daily Std Dev | 4.31% | 5.76% |
| Max Drawdown | -13.39% | -18.43% |
| Current Drawdown | -1.71% | -8.44% |
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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.
Correlation
The correlation between PIMIX and AGG is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
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 6.24%, more than AGG's 3.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIMIX PIMCO Income Fund Institutional Class | 6.24% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% | 5.46% |
AGG iShares Core U.S. Aggregate Bond ETF | 3.96% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
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 1.01%, while iShares Core U.S. Aggregate Bond ETF (AGG) has a volatility of 1.50%. 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.