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

Correlation

The correlation between PIMIX and UCON is 0.48, 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.


-0.50.00.51.00.5

Performance

PIMIX vs. UCON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Income Fund Institutional Class (PIMIX) and First Trust TCW Unconstrained Plus Bond ETF (UCON). 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%
2.86%
PIMIX
UCON

Key characteristics

Sharpe Ratio

PIMIX:

1.32

UCON:

1.45

Sortino Ratio

PIMIX:

1.95

UCON:

2.04

Omega Ratio

PIMIX:

1.25

UCON:

1.27

Calmar Ratio

PIMIX:

2.35

UCON:

2.76

Martin Ratio

PIMIX:

5.88

UCON:

6.14

Ulcer Index

PIMIX:

0.94%

UCON:

0.76%

Daily Std Dev

PIMIX:

4.19%

UCON:

3.23%

Max Drawdown

PIMIX:

-13.39%

UCON:

-15.31%

Current Drawdown

PIMIX:

-1.76%

UCON:

-1.23%

Returns By Period

In the year-to-date period, PIMIX achieves a 4.80% return, which is significantly higher than UCON's 4.35% return.


PIMIX

YTD

4.80%

1M

-0.05%

6M

2.86%

1Y

5.44%

5Y*

3.00%

10Y*

4.33%

UCON

YTD

4.35%

1M

0.10%

6M

2.86%

1Y

4.56%

5Y*

2.70%

10Y*

N/A

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PIMIX vs. UCON - Expense Ratio Comparison

PIMIX has a 0.62% expense ratio, which is lower than UCON's 0.76% expense ratio.


UCON
First Trust TCW Unconstrained Plus Bond ETF
Expense ratio chart for UCON: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%
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%

Risk-Adjusted Performance

PIMIX vs. UCON - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Institutional Class (PIMIX) and First Trust TCW Unconstrained Plus Bond ETF (UCON). 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-1.000.001.002.003.004.001.321.45
The chart of Sortino ratio for PIMIX, currently valued at 1.95, compared to the broader market-2.000.002.004.006.008.0010.001.952.04
The chart of Omega ratio for PIMIX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.27
The chart of Calmar ratio for PIMIX, currently valued at 2.35, compared to the broader market0.002.004.006.008.0010.0012.0014.002.352.76
The chart of Martin ratio for PIMIX, currently valued at 5.88, compared to the broader market0.0020.0040.0060.005.886.14
PIMIX
UCON

The current PIMIX Sharpe Ratio is 1.32, which is comparable to the UCON Sharpe Ratio of 1.45. The chart below compares the historical Sharpe Ratios of PIMIX and UCON, 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 Ratio1.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.32
1.45
PIMIX
UCON

Dividends

PIMIX vs. UCON - Dividend Comparison

PIMIX's dividend yield for the trailing twelve months is around 6.28%, more than UCON's 4.97% 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%
UCON
First Trust TCW Unconstrained Plus Bond ETF
4.97%4.75%3.12%2.20%3.14%3.51%1.76%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PIMIX vs. UCON - Drawdown Comparison

The maximum PIMIX drawdown since its inception was -13.39%, smaller than the maximum UCON drawdown of -15.31%. Use the drawdown chart below to compare losses from any high point for PIMIX and UCON. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.76%
-1.23%
PIMIX
UCON

Volatility

PIMIX vs. UCON - Volatility Comparison

PIMCO Income Fund Institutional Class (PIMIX) has a higher volatility of 1.24% compared to First Trust TCW Unconstrained Plus Bond ETF (UCON) at 0.80%. This indicates that PIMIX's price experiences larger fluctuations and is considered to be riskier than UCON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.24%
0.80%
PIMIX
UCON
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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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