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PLDTX vs. DLDFX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PLDTX vs. DLDFX

Last updated Jun 23, 2026

PLDTX (PIMCO Low Duration II Fund) and DLDFX (Destinations Low Duration Fixed Income Fund) are both Short-Term Bond funds. Over the past 5 years, PLDTX returned 1.61%/yr vs 3.87%/yr for DLDFX. At a 0.34 correlation, their price movements are largely independent. PLDTX charges 0.50%/yr vs 0.93%/yr for DLDFX.

Performance

PLDTX vs. DLDFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Low Duration II Fund (PLDTX) and Destinations Low Duration Fixed Income Fund (DLDFX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PLDTX achieves a 0.01% return, which is significantly lower than DLDFX's 1.72% return.

PLDTX

1D
0.11%
1M
0.21%
YTD
0.01%
6M
0.45%
1Y
3.29%
3Y*
4.39%
5Y*
1.61%
10Y*
1.80%

DLDFX

1D
0.11%
1M
0.14%
YTD
1.72%
6M
1.87%
1Y
4.54%
3Y*
5.87%
5Y*
3.87%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PLDTX vs. DLDFX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
PLDTX
PIMCO Low Duration II Fund		0.01%5.47%4.55%4.21%-5.14%-1.03%3.44%1.36%
DLDFX
Destinations Low Duration Fixed Income Fund		1.72%4.91%6.09%7.11%-2.59%5.41%1.52%1.16%

Correlation

The correlation between PLDTX and DLDFX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.42

Correlation (3Y)
Calculated over the trailing 3-year period

0.40

Correlation (5Y)
Calculated over the trailing 5-year period

0.39

Correlation (All Time)
Calculated using the full available price history since Jun 3, 2019

0.34

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

PIMCO Low Duration II Fund

Destinations Low Duration Fixed Income Fund

Often compared with PLDTX:
PLDTX vs. GSSRXPLDTX vs. DFEQXPLDTX vs. PIMIXPLDTX vs. DFAIXPLDTX vs. GPICXPLDTX vs. DBLSXPLDTX vs. DHEIX
Often compared with DLDFX:
DLDFX vs. XLVDLDFX vs. TISIXDLDFX vs. CDSRXDLDFX vs. STBCXDLDFX vs. DLCFXDLDFX vs. DCFFXDLDFX vs. DSMFX

Return for Risk

PLDTX vs. DLDFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PLDTX
PLDTX Risk / Return Rank: 4444
Overall Rank
PLDTX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
PLDTX Sortino Ratio Rank: 5151
Sortino Ratio Rank
PLDTX Omega Ratio Rank: 5454
Omega Ratio Rank
PLDTX Calmar Ratio Rank: 3838
Calmar Ratio Rank
PLDTX Martin Ratio Rank: 4242
Martin Ratio Rank
DLDFX
DLDFX Risk / Return Rank: 9595
Overall Rank
DLDFX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
DLDFX Sortino Ratio Rank: 9595
Sortino Ratio Rank
DLDFX Omega Ratio Rank: 9696
Omega Ratio Rank
DLDFX Calmar Ratio Rank: 9898
Calmar Ratio Rank
DLDFX Martin Ratio Rank: 9696
Martin Ratio Rank
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.

PLDTX vs. DLDFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Low Duration II Fund (PLDTX) and Destinations Low Duration Fixed Income Fund (DLDFX). 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.

PLDTXDLDFXDifference
Sharpe ratioReturn per unit of total volatility
1.60
2.79

-1.19

Sortino ratioReturn per unit of downside risk
2.76
4.78

-2.02

Omega ratioGain probability vs. loss probability

1.37

1.81

-0.44

Calmar ratioReturn relative to maximum drawdown

2.23

7.49

-5.27

Martin ratioReturn relative to average drawdown

8.41

22.02

-13.61

PLDTX vs. DLDFX - Sharpe Ratio Comparison

The current PLDTX Sharpe Ratio is 1.60, which is lower than the DLDFX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of PLDTX and DLDFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

PLDTX vs. DLDFX - Drawdown Comparison

The maximum PLDTX drawdown since its inception was -7.60%, smaller than the maximum DLDFX drawdown of -8.64%. Use the drawdown chart below to compare losses from any high point for PLDTX and DLDFX.

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Drawdown Indicators

PLDTXDLDFXDifference

Max Drawdown

Largest peak-to-trough decline

-7.60%

-8.64%

+1.04%

Max Drawdown (1Y)

Largest decline over 1 year

-1.49%

-0.64%

-0.85%

Max Drawdown (3Y)

Largest decline over 3 years

-1.49%

-1.71%

+0.22%

Max Drawdown (5Y)

Largest decline over 5 years

-7.50%

-3.88%

-3.62%

Max Drawdown (10Y)

Largest decline over 10 years

-7.60%

—

—

Current Drawdown

Current decline from peak

-0.68%

-0.11%

-0.57%

Average Drawdown

Average peak-to-trough decline

-0.72%

-0.70%

-0.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.39%

0.21%

+0.18%

Volatility

PLDTX vs. DLDFX - Volatility Comparison

PIMCO Low Duration II Fund (PLDTX) has a higher volatility of 0.84% compared to Destinations Low Duration Fixed Income Fund (DLDFX) at 0.44%. This indicates that PLDTX's price experiences larger fluctuations and is considered to be riskier than DLDFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PLDTXDLDFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.84%

0.44%

+0.40%

Volatility (6M)

Calculated over the trailing 6-month period

1.57%

1.32%

+0.25%

Volatility (1Y)

Calculated over the trailing 1-year period

2.08%

1.72%

+0.36%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.41%

1.81%

+0.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.97%

2.07%

-0.10%

PLDTX vs. DLDFX - Expense Ratio Comparison

PLDTX has a 0.50% expense ratio, which is lower than DLDFX's 0.93% expense ratio.

Dividends

PLDTX vs. DLDFX - Dividend Comparison

PLDTX's dividend yield for the trailing twelve months is around 3.81%, less than DLDFX's 5.33% yield.

PositionTTM20252024202320222021202020192018201720162015
DLDFX
Destinations Low Duration Fixed Income Fund		5.33%5.29%5.64%4.77%4.54%3.74%3.86%2.18%0.00%0.00%0.00%0.00%
PLDTX
PIMCO Low Duration II Fund		3.81%3.79%3.99%3.55%1.28%0.29%1.23%2.72%2.18%1.45%1.76%1.60%

Frequently Asked Questions

PLDTX and DLDFX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PLDTX has higher volatility (0.84%) compared to DLDFX (0.44%). In terms of maximum drawdown, PLDTX dropped -7.60% vs DLDFX's -8.64%.

DLDFX currently has the higher Sharpe Ratio (2.79 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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