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PIMIX vs. FTSM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PIMIX and FTSM is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.2

Performance

PIMIX vs. FTSM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Income Fund Institutional Class (PIMIX) and First Trust Enhanced Short Maturity ETF (FTSM). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.86%
2.67%
PIMIX
FTSM

Key characteristics

Sharpe Ratio

PIMIX:

1.32

FTSM:

10.26

Sortino Ratio

PIMIX:

1.95

FTSM:

24.65

Omega Ratio

PIMIX:

1.25

FTSM:

5.46

Calmar Ratio

PIMIX:

2.35

FTSM:

78.06

Martin Ratio

PIMIX:

5.88

FTSM:

297.05

Ulcer Index

PIMIX:

0.94%

FTSM:

0.02%

Daily Std Dev

PIMIX:

4.19%

FTSM:

0.51%

Max Drawdown

PIMIX:

-13.39%

FTSM:

-4.12%

Current Drawdown

PIMIX:

-1.76%

FTSM:

0.00%

Returns By Period

In the year-to-date period, PIMIX achieves a 4.80% return, which is significantly lower than FTSM's 5.09% return. Over the past 10 years, PIMIX has outperformed FTSM with an annualized return of 4.33%, while FTSM has yielded a comparatively lower 2.00% annualized return.


PIMIX

YTD

4.80%

1M

-0.05%

6M

2.86%

1Y

5.44%

5Y*

3.00%

10Y*

4.33%

FTSM

YTD

5.09%

1M

0.38%

6M

2.67%

1Y

5.20%

5Y*

2.47%

10Y*

2.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PIMIX vs. FTSM - Expense Ratio Comparison

PIMIX has a 0.62% expense ratio, which is higher than FTSM's 0.25% expense ratio.


PIMIX
PIMCO Income Fund Institutional Class
Expense ratio chart for PIMIX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%
Expense ratio chart for FTSM: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

PIMIX vs. FTSM - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Institutional Class (PIMIX) and First Trust Enhanced Short Maturity ETF (FTSM). 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.


Sharpe ratio
The chart of Sharpe ratio for PIMIX, currently valued at 1.32, compared to the broader market-1.000.001.002.003.004.001.3210.26
The chart of Sortino ratio for PIMIX, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.9524.65
The chart of Omega ratio for PIMIX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.255.46
The chart of Calmar ratio for PIMIX, currently valued at 2.35, compared to the broader market0.002.004.006.008.0010.0012.0014.002.3578.06
The chart of Martin ratio for PIMIX, currently valued at 5.88, compared to the broader market0.0020.0040.0060.005.88297.05
PIMIX
FTSM

The current PIMIX Sharpe Ratio is 1.32, which is lower than the FTSM Sharpe Ratio of 10.26. The chart below compares the historical Sharpe Ratios of PIMIX and FTSM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
1.32
10.26
PIMIX
FTSM

Dividends

PIMIX vs. FTSM - Dividend Comparison

PIMIX's dividend yield for the trailing twelve months is around 6.28%, more than FTSM's 4.93% yield.


TTM20232022202120202019201820172016201520142013
PIMIX
PIMCO Income Fund Institutional Class
6.28%6.21%6.40%4.02%4.89%5.86%5.68%5.41%5.57%7.84%6.30%5.46%
FTSM
First Trust Enhanced Short Maturity ETF
4.93%4.62%1.62%0.39%1.20%2.38%2.15%1.38%1.03%0.48%0.19%0.00%

Drawdowns

PIMIX vs. FTSM - Drawdown Comparison

The maximum PIMIX drawdown since its inception was -13.39%, which is greater than FTSM's maximum drawdown of -4.12%. Use the drawdown chart below to compare losses from any high point for PIMIX and FTSM. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.76%
0
PIMIX
FTSM

Volatility

PIMIX vs. FTSM - Volatility Comparison

PIMCO Income Fund Institutional Class (PIMIX) has a higher volatility of 1.24% compared to First Trust Enhanced Short Maturity ETF (FTSM) at 0.16%. This indicates that PIMIX's price experiences larger fluctuations and is considered to be riskier than FTSM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.24%
0.16%
PIMIX
FTSM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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