PIMIX vs. PONAX
Compare and contrast key facts about PIMCO Income Fund Institutional Class (PIMIX) and PIMCO Income Fund Class A (PONAX).
PIMIX is managed by PIMCO. It was launched on Mar 30, 2007. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Performance
PIMIX vs. PONAX - Performance Comparison
Loading graphics...
PIMIX vs. PONAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIMIX PIMCO Income Fund Institutional Class | -1.36% | 11.08% | 5.45% | 9.36% | -9.07% | 2.62% | 5.84% | 8.10% | 0.63% | 8.63% |
PONAX PIMCO Income Fund Class A | -1.42% | 10.63% | 5.02% | 8.96% | -9.34% | 2.21% | 5.40% | 7.65% | 0.21% | 8.19% |
Returns By Period
The year-to-date returns for both stocks are quite close, with PIMIX having a -1.36% return and PONAX slightly lower at -1.42%. Over the past 10 years, PIMIX has outperformed PONAX with an annualized return of 4.66%, while PONAX has yielded a comparatively lower 4.25% annualized return.
PIMIX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.36%
- 6M
- 1.15%
- 1Y
- 6.07%
- 3Y*
- 7.20%
- 5Y*
- 3.38%
- 10Y*
- 4.66%
PONAX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.42%
- 6M
- 0.98%
- 1Y
- 5.68%
- 3Y*
- 6.79%
- 5Y*
- 3.00%
- 10Y*
- 4.25%
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. PONAX - Expense Ratio Comparison
PIMIX has a 0.62% expense ratio, which is lower than PONAX's 1.02% expense ratio.
Return for Risk
PIMIX vs. PONAX — Risk / Return Rank
PIMIX
PONAX
PIMIX vs. PONAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Institutional Class (PIMIX) and PIMCO Income Fund Class A (PONAX). 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.
| PIMIX | PONAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 1.48 | +0.09 |
Sortino ratioReturn per unit of downside risk | 2.25 | 2.11 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.87 | 1.76 | +0.12 |
Martin ratioReturn relative to average drawdown | 7.56 | 7.07 | +0.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PIMIX | PONAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 1.48 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.64 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.11 | 1.03 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.56 | 1.47 | +0.08 |
Correlation
The correlation between PIMIX and PONAX is 1.00, 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.
Dividends
PIMIX vs. PONAX - Dividend Comparison
PIMIX's dividend yield for the trailing twelve months is around 5.57%, more than PONAX's 5.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIMIX PIMCO Income Fund Institutional Class | 5.57% | 6.01% | 6.27% | 6.21% | 4.98% | 4.02% | 4.88% | 5.83% | 5.66% | 5.37% | 5.52% | 7.88% |
PONAX PIMCO Income Fund Class A | 5.20% | 5.61% | 5.86% | 5.86% | 4.66% | 3.62% | 4.48% | 5.42% | 5.24% | 4.97% | 5.13% | 7.45% |
Drawdowns
PIMIX vs. PONAX - Drawdown Comparison
The maximum PIMIX drawdown since its inception was -13.39%, roughly equal to the maximum PONAX drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for PIMIX and PONAX.
Loading graphics...
Drawdown Indicators
| PIMIX | PONAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.39% | -13.64% | +0.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.69% | -3.69% | 0.00% |
Max Drawdown (5Y)Largest decline over 5 years | -13.34% | -13.64% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -13.39% | -13.64% | +0.25% |
Current DrawdownCurrent decline from peak | -3.24% | -3.24% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.69% | -1.80% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.92% | 0.00% |
Volatility
PIMIX vs. PONAX - Volatility Comparison
PIMCO Income Fund Institutional Class (PIMIX) and PIMCO Income Fund Class A (PONAX) have volatilities of 1.88% and 1.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PIMIX | PONAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 1.88% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 2.64% | 2.61% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 4.24% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.75% | 4.72% | +0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.20% | 4.16% | +0.04% |