PIRMX vs. FSKAX
Compare and contrast key facts about PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) and Fidelity Total Market Index Fund (FSKAX).
PIRMX is an actively managed fund by PIMCO. It was launched on Aug 31, 2011. FSKAX is managed by Fidelity.
Performance
PIRMX vs. FSKAX - Performance Comparison
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PIRMX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIRMX PIMCO Inflation Response Multi-Asset Fund Institutional | 2.92% | 16.76% | 12.47% | 6.50% | -5.11% | 13.86% | 9.36% | 10.03% | -3.70% | 8.59% |
FSKAX Fidelity Total Market Index Fund | -3.98% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, PIRMX achieves a 2.92% return, which is significantly higher than FSKAX's -3.98% return. Over the past 10 years, PIRMX has underperformed FSKAX with an annualized return of 7.52%, while FSKAX has yielded a comparatively higher 13.56% annualized return.
PIRMX
- 1D
- 0.63%
- 1M
- -2.56%
- YTD
- 2.92%
- 6M
- 5.38%
- 1Y
- 12.99%
- 3Y*
- 12.36%
- 5Y*
- 8.91%
- 10Y*
- 7.52%
FSKAX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -2.04%
- 1Y
- 17.68%
- 3Y*
- 17.87%
- 5Y*
- 10.50%
- 10Y*
- 13.56%
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PIRMX vs. FSKAX - Expense Ratio Comparison
PIRMX has a 1.91% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
PIRMX vs. FSKAX — Risk / Return Rank
PIRMX
FSKAX
PIRMX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) and Fidelity Total Market Index Fund (FSKAX). 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.
| PIRMX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 0.98 | +1.06 |
Sortino ratioReturn per unit of downside risk | 2.68 | 1.49 | +1.19 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.23 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.89 | 1.50 | +1.38 |
Martin ratioReturn relative to average drawdown | 13.07 | 7.20 | +5.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PIRMX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 0.98 | +1.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.61 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.74 | +0.27 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.79 | -0.13 |
Correlation
The correlation between PIRMX and FSKAX is 0.37, 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
PIRMX vs. FSKAX - Dividend Comparison
PIRMX's dividend yield for the trailing twelve months is around 2.51%, more than FSKAX's 1.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIRMX PIMCO Inflation Response Multi-Asset Fund Institutional | 2.51% | 2.66% | 9.91% | 0.13% | 14.12% | 11.21% | 0.80% | 2.05% | 11.41% | 6.43% | 0.49% | 3.13% |
FSKAX Fidelity Total Market Index Fund | 1.06% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
PIRMX vs. FSKAX - Drawdown Comparison
The maximum PIRMX drawdown since its inception was -18.51%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for PIRMX and FSKAX.
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Drawdown Indicators
| PIRMX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.51% | -35.01% | +16.50% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -12.42% | +7.46% |
Max Drawdown (5Y)Largest decline over 5 years | -14.31% | -25.39% | +11.08% |
Max Drawdown (10Y)Largest decline over 10 years | -18.20% | -35.01% | +16.81% |
Current DrawdownCurrent decline from peak | -2.66% | -6.20% | +3.54% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -4.05% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 2.60% | -1.50% |
Volatility
PIRMX vs. FSKAX - Volatility Comparison
The current volatility for PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) is 2.28%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 5.52%. This indicates that PIRMX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIRMX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 5.52% | -3.24% |
Volatility (6M)Calculated over the trailing 6-month period | 4.75% | 9.85% | -5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.78% | 18.69% | -11.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.31% | 17.42% | -9.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.49% | 18.44% | -10.95% |