PJSR.DE vs. LDCE.DE

Last updated Apr 2, 2026

Compare and contrast key facts about PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE).

PJSR.DE and LDCE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PJSR.DE is an actively managed fund by PIMCO. It was launched on Jan 11, 2011. LDCE.DE is a passively managed fund by PIMCO that tracks the performance of the PIMCO Low Duration Euro Corporate Bond. It was launched on Nov 17, 2014.

Performance

PJSR.DE vs. LDCE.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE). The values are adjusted to include any dividend payments, if applicable.

PJSR.DE vs. LDCE.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PJSR.DE PIMCO Euro Short Maturity UCITS ETF EUR Accumulation	0.22%	2.85%	4.36%	3.97%	-2.27%	-0.58%	-0.25%	-0.12%	-1.38%	-0.12%
LDCE.DE PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist	-1.01%	4.19%	4.68%	6.54%	-8.43%	0.32%	1.14%	2.80%	-0.73%	0.97%

Returns By Period

In the year-to-date period, PJSR.DE achieves a 0.22% return, which is significantly higher than LDCE.DE's -1.01% return. Over the past 10 years, PJSR.DE has underperformed LDCE.DE with an annualized return of 0.64%, while LDCE.DE has yielded a comparatively higher 1.21% annualized return.

PJSR.DE

• 1D: 0.02%
• 1M: -0.30%
• YTD: 0.22%
• 6M: 0.77%
• 1Y: 2.20%
• 3Y*: 3.50%
• 5Y*: 1.71%
• 10Y*: 0.64%

LDCE.DE

• 1D: 0.22%
• 1M: -1.84%
• YTD: -1.01%
• 6M: -0.58%
• 1Y: 2.00%
• 3Y*: 4.44%
• 5Y*: 1.03%
• 10Y*: 1.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PJSR.DE vs. LDCE.DE - Expense Ratio Comparison

PJSR.DE has a 0.19% expense ratio, which is lower than LDCE.DE's 0.49% expense ratio.

LDCE.DE

PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist

PJSR.DE

PIMCO Euro Short Maturity UCITS ETF EUR Accumulation

Return for Risk

PJSR.DE vs. LDCE.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PJSR.DE

PJSR.DE Risk / Return Rank: 98
PJSR.DE Sharpe Ratio Rank: 98
PJSR.DE Sortino Ratio Rank: 99
PJSR.DE Omega Ratio Rank: 99
PJSR.DE Calmar Ratio Rank: 97
PJSR.DE Martin Ratio Rank: 98

LDCE.DE

LDCE.DE Risk / Return Rank: 32
LDCE.DE Sharpe Ratio Rank: 35
LDCE.DE Sortino Ratio Rank: 32
LDCE.DE Omega Ratio Rank: 30
LDCE.DE Calmar Ratio Rank: 28
LDCE.DE Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PJSR.DE vs. LDCE.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) and PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE). 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.

	PJSR.DE	LDCE.DE	Difference
Sharpe ratio Return per unit of total volatility	4.09	0.72	+3.37
Sortino ratio Return per unit of downside risk	6.42	1.00	+5.41
Omega ratio Gain probability vs. loss probability	2.06	1.13	+0.93
Calmar ratio Return relative to maximum drawdown	5.56	0.79	+4.77
Martin ratio Return relative to average drawdown	27.77	3.48	+24.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJSR.DE vs. LDCE.DE - Sharpe Ratio Comparison

The current PJSR.DE Sharpe Ratio is 4.09, which is higher than the LDCE.DE Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of PJSR.DE and LDCE.DE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PJSR.DE	LDCE.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	4.09	0.72	+3.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.17	0.37	+2.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	0.51	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.57	+0.31

Correlation

The correlation between PJSR.DE and LDCE.DE is 0.27, 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

PJSR.DE vs. LDCE.DE - Dividend Comparison

PJSR.DE has not paid dividends to shareholders, while LDCE.DE's dividend yield for the trailing twelve months is around 3.41%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJSR.DE PIMCO Euro Short Maturity UCITS ETF EUR Accumulation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LDCE.DE PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist	3.41%	3.22%	2.73%	1.72%	0.94%	0.51%	0.51%	0.63%	0.65%	0.71%	0.95%	0.93%

Drawdowns

PJSR.DE vs. LDCE.DE - Drawdown Comparison

The maximum PJSR.DE drawdown since its inception was -5.63%, smaller than the maximum LDCE.DE drawdown of -11.07%. Use the drawdown chart below to compare losses from any high point for PJSR.DE and LDCE.DE.

Drawdown Indicators

	PJSR.DE	LDCE.DE	Difference
Max Drawdown Largest peak-to-trough decline	-5.63%	-11.07%	+5.44%
Max Drawdown (1Y) Largest decline over 1 year	-0.39%	-2.63%	+2.24%
Max Drawdown (5Y) Largest decline over 5 years	-3.49%	-11.07%	+7.58%
Max Drawdown (10Y) Largest decline over 10 years	-5.60%	-11.07%	+5.47%
Current Drawdown Current decline from peak	-0.31%	-2.09%	+1.78%
Average Drawdown Average peak-to-trough decline	-1.41%	-1.76%	+0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.08%	0.60%	-0.52%

Volatility

PJSR.DE vs. LDCE.DE - Volatility Comparison

The current volatility for PIMCO Euro Short Maturity UCITS ETF EUR Accumulation (PJSR.DE) is 0.23%, while PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE) has a volatility of 1.34%. This indicates that PJSR.DE experiences smaller price fluctuations and is considered to be less risky than LDCE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJSR.DE	LDCE.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.23%	1.34%	-1.11%
Volatility (6M) Calculated over the trailing 6-month period	0.34%	2.17%	-1.83%
Volatility (1Y) Calculated over the trailing 1-year period	0.54%	2.76%	-2.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.53%	2.75%	-2.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.65%	2.37%	-1.72%