PLDI.TO vs. TSTX-U.TO
PLDI.TO (PIMCO Low Duration Monthly Income Fund (Canada)) and TSTX-U.TO (Global X 1-3 Year U.S. Treasury Bond Index ETF) are both Short-Term Bond funds. PLDI.TO is actively managed, while TSTX-U.TO is passively managed. At a 0.38 correlation, their price movements are largely independent. PLDI.TO charges 0.87%/yr vs 0.15%/yr for TSTX-U.TO.
Performance
PLDI.TO vs. TSTX-U.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PLDI.TO achieves a -0.39% return, which is significantly lower than TSTX-U.TO's 0.26% return.
PLDI.TO
- 1D
- -0.27%
- 1M
- -1.07%
- 6M
- -0.28%
- YTD
- -0.39%
- 1Y
- 2.68%
- 3Y*
- 4.89%
- 5Y*
- 2.95%
- 10Y*
- —
- ALL TIME*
- 3.24%
TSTX-U.TO
- 1D
- 0.04%
- 1M
- 0.03%
- 6M
- 0.60%
- YTD
- 0.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| CA$140.89K | CA$154.04K | CA$132.61K | |
| CA$24.24K | CA$24.29K | CA$43.50K |
PLDI.TO vs. TSTX-U.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PLDI.TO PIMCO Low Duration Monthly Income Fund (Canada) | -0.39% | 1.34% |
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF | 0.26% | 1.22% |
Correlation
The correlation between PLDI.TO and TSTX-U.TO is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 9, 2025 | 0.38 |
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Return for Risk
PLDI.TO vs. TSTX-U.TO — Risk / Return Rank
PLDI.TO
TSTX-U.TO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PLDI.TO vs. TSTX-U.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Low Duration Monthly Income Fund (Canada) (PLDI.TO) and Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX-U.TO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PLDI.TO | TSTX-U.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.11 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | — | — |
| Martin ratioReturn relative to average drawdown | 3.91 | — | — |
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Drawdowns
PLDI.TO vs. TSTX-U.TO - Drawdown Comparison
The maximum PLDI.TO drawdown since its inception was -6.86%, which is greater than TSTX-U.TO's maximum drawdown of -0.90%. Use the drawdown chart below to compare losses from any high point for PLDI.TO and TSTX-U.TO.
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Drawdown Indicators
| PLDI.TO | TSTX-U.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.86% | -0.90% | -5.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.03% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -2.55% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -5.56% | — | — |
Current DrawdownCurrent decline from peak | -1.18% | -0.32% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -1.05% | -0.27% | -0.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | — | — |
Volatility
PLDI.TO vs. TSTX-U.TO - Volatility Comparison
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Volatility by Period
| PLDI.TO | TSTX-U.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.51% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.59% | 1.68% | +2.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 1.68% | +2.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.24% | 1.68% | +2.56% |
PLDI.TO vs. TSTX-U.TO - Expense Ratio Comparison
PLDI.TO has a 0.87% expense ratio, which is higher than TSTX-U.TO's 0.15% expense ratio.
Dividends
PLDI.TO vs. TSTX-U.TO - Dividend Comparison
PLDI.TO's dividend yield for the trailing twelve months is around 3.56%, more than TSTX-U.TO's 2.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PLDI.TO PIMCO Low Duration Monthly Income Fund (Canada) | 3.56% | 4.36% | 7.04% | 5.80% | 3.29% | 2.04% | 4.78% | 2.50% |
TSTX-U.TO Global X 1-3 Year U.S. Treasury Bond Index ETF | 2.67% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PLDI.TO and TSTX-U.TO have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, TSTX-U.TO is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
TSTX-U.TO is cheaper with a 0.15% expense ratio, compared with 0.87% for PLDI.TO.
They also come from different issuers: PIMCO Canada Corp. and Global X. Their fees differ too: 0.87% for PLDI.TO and 0.15% for TSTX-U.TO.
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