PIRMX vs. PFORX
Compare and contrast key facts about PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX).
PIRMX is an actively managed fund by PIMCO. It was launched on Aug 31, 2011. PFORX is managed by PIMCO. It was launched on Dec 1, 1992.
Performance
PIRMX vs. PFORX - Performance Comparison
Loading graphics...
PIRMX vs. PFORX - 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% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | -1.93% | 4.33% | 5.70% | 9.52% | -10.33% | -1.67% | 6.17% | 7.64% | 2.64% | 3.52% |
Returns By Period
In the year-to-date period, PIRMX achieves a 2.92% return, which is significantly higher than PFORX's -1.93% return. Over the past 10 years, PIRMX has outperformed PFORX with an annualized return of 7.52%, while PFORX has yielded a comparatively lower 2.80% 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%
PFORX
- 1D
- 0.31%
- 1M
- -3.10%
- YTD
- -1.93%
- 6M
- -0.89%
- 1Y
- 1.84%
- 3Y*
- 4.82%
- 5Y*
- 1.13%
- 10Y*
- 2.80%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIRMX vs. PFORX - Expense Ratio Comparison
PIRMX has a 1.91% expense ratio, which is higher than PFORX's 0.50% expense ratio.
Return for Risk
PIRMX vs. PFORX — Risk / Return Rank
PIRMX
PFORX
PIRMX vs. PFORX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX). 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 | PFORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 0.61 | +1.42 |
Sortino ratioReturn per unit of downside risk | 2.68 | 0.86 | +1.82 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.12 | +0.28 |
Calmar ratioReturn relative to maximum drawdown | 2.89 | 0.66 | +2.22 |
Martin ratioReturn relative to average drawdown | 13.07 | 2.97 | +10.09 |
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
| PIRMX | PFORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 0.61 | +1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.08 | 0.33 | +0.75 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.01 | 0.91 | +0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 1.25 | -0.59 |
Correlation
The correlation between PIRMX and PFORX is 0.22, 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. PFORX - Dividend Comparison
PIRMX's dividend yield for the trailing twelve months is around 2.51%, less than PFORX's 3.86% 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% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 3.86% | 4.23% | 4.91% | 3.02% | 3.65% | 1.55% | 2.46% | 6.86% | 2.90% | 1.46% | 1.38% | 9.12% |
Drawdowns
PIRMX vs. PFORX - Drawdown Comparison
The maximum PIRMX drawdown since its inception was -18.51%, which is greater than PFORX's maximum drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for PIRMX and PFORX.
Loading graphics...
Drawdown Indicators
| PIRMX | PFORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.51% | -13.87% | -4.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.96% | -3.99% | -0.97% |
Max Drawdown (5Y)Largest decline over 5 years | -14.31% | -13.71% | -0.60% |
Max Drawdown (10Y)Largest decline over 10 years | -18.20% | -13.87% | -4.33% |
Current DrawdownCurrent decline from peak | -2.66% | -3.39% | +0.73% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -1.95% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.89% | +0.21% |
Volatility
PIRMX vs. PFORX - Volatility Comparison
PIMCO Inflation Response Multi-Asset Fund Institutional (PIRMX) has a higher volatility of 2.28% compared to PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX) at 1.99%. This indicates that PIRMX's price experiences larger fluctuations and is considered to be riskier than PFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PIRMX | PFORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.28% | 1.99% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 4.75% | 2.55% | +2.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.78% | 3.39% | +3.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.31% | 3.47% | +4.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.49% | 3.08% | +4.41% |