PIPAX vs. PONAX
Compare and contrast key facts about PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX) and PIMCO Income Fund Class A (PONAX).
PIPAX is managed by PIMCO. It was launched on Oct 31, 2003. PONAX is managed by PIMCO. It was launched on Apr 2, 2007.
Performance
PIPAX vs. PONAX - Performance Comparison
Loading graphics...
PIPAX vs. PONAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIPAX PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A | -0.96% | 16.57% | 14.37% | 21.29% | -9.30% | 18.02% | 3.78% | 25.94% | -10.40% | 18.30% |
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
In the year-to-date period, PIPAX achieves a -0.96% return, which is significantly higher than PONAX's -1.42% return. Over the past 10 years, PIPAX has outperformed PONAX with an annualized return of 11.00%, while PONAX has yielded a comparatively lower 4.25% annualized return.
PIPAX
- 1D
- 0.24%
- 1M
- -9.41%
- YTD
- -0.96%
- 6M
- -0.96%
- 1Y
- 11.06%
- 3Y*
- 13.66%
- 5Y*
- 9.76%
- 10Y*
- 11.00%
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.
PIPAX vs. PONAX - Expense Ratio Comparison
PIPAX has a 1.15% expense ratio, which is higher than PONAX's 1.02% expense ratio.
Return for Risk
PIPAX vs. PONAX — Risk / Return Rank
PIPAX
PONAX
PIPAX vs. PONAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX) 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.
| PIPAX | PONAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.55 | 1.48 | -0.92 |
Sortino ratioReturn per unit of downside risk | 0.76 | 2.11 | -1.34 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.56 | 1.76 | -1.19 |
Martin ratioReturn relative to average drawdown | 2.18 | 7.07 | -4.89 |
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
| PIPAX | PONAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.55 | 1.48 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 0.64 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 1.03 | -0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.47 | -0.96 |
Correlation
The correlation between PIPAX and PONAX is 0.16, 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.
Dividends
PIPAX vs. PONAX - Dividend Comparison
PIPAX's dividend yield for the trailing twelve months is around 5.66%, more than PONAX's 5.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIPAX PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A | 5.66% | 5.61% | 12.69% | 10.56% | 10.66% | 7.59% | 1.44% | 11.71% | 8.25% | 7.38% | 0.78% | 8.16% |
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
PIPAX vs. PONAX - Drawdown Comparison
The maximum PIPAX drawdown since its inception was -57.80%, which is greater than PONAX's maximum drawdown of -13.64%. Use the drawdown chart below to compare losses from any high point for PIPAX and PONAX.
Loading graphics...
Drawdown Indicators
| PIPAX | PONAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.80% | -13.64% | -44.16% |
Max Drawdown (1Y)Largest decline over 1 year | -12.80% | -3.69% | -9.11% |
Max Drawdown (5Y)Largest decline over 5 years | -19.17% | -13.64% | -5.53% |
Max Drawdown (10Y)Largest decline over 10 years | -35.55% | -13.64% | -21.91% |
Current DrawdownCurrent decline from peak | -9.41% | -3.24% | -6.17% |
Average DrawdownAverage peak-to-trough decline | -7.39% | -1.80% | -5.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 0.92% | +2.71% |
Volatility
PIPAX vs. PONAX - Volatility Comparison
PIMCO StocksPLUS® International Fund (U.S. Dollar-Hedged) Class A (PIPAX) has a higher volatility of 6.56% compared to PIMCO Income Fund Class A (PONAX) at 1.88%. This indicates that PIPAX's price experiences larger fluctuations and is considered to be riskier than PONAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PIPAX | PONAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.56% | 1.88% | +4.68% |
Volatility (6M)Calculated over the trailing 6-month period | 11.72% | 2.61% | +9.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 4.24% | +12.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 4.72% | +9.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 4.16% | +10.44% |