PLFRX vs. MWCIX
Compare and contrast key facts about Pacific Funds Floating Rate Income (PLFRX) and Metropolitan West Unconstrained Bond Fund (MWCIX).
PLFRX is managed by Pacific Funds Series Trust. It was launched on Jun 29, 2011. MWCIX is managed by Metropolitan West Funds. It was launched on Sep 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLFRX or MWCIX.
Correlation
The correlation between PLFRX and MWCIX is 0.16, 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.
Performance
PLFRX vs. MWCIX - Performance Comparison
Key characteristics
PLFRX:
1.99
MWCIX:
2.19
PLFRX:
3.88
MWCIX:
3.61
PLFRX:
1.79
MWCIX:
1.45
PLFRX:
2.57
MWCIX:
2.95
PLFRX:
12.57
MWCIX:
9.67
PLFRX:
0.44%
MWCIX:
0.77%
PLFRX:
2.80%
MWCIX:
3.41%
PLFRX:
-18.75%
MWCIX:
-12.81%
PLFRX:
-0.17%
MWCIX:
-0.96%
Returns By Period
In the year-to-date period, PLFRX achieves a 0.55% return, which is significantly lower than MWCIX's 1.22% return. Over the past 10 years, PLFRX has outperformed MWCIX with an annualized return of 4.75%, while MWCIX has yielded a comparatively lower 2.45% annualized return.
PLFRX
0.55%
0.83%
1.98%
5.45%
7.32%
4.75%
MWCIX
1.22%
-0.96%
1.95%
6.63%
2.77%
2.45%
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PLFRX vs. MWCIX - Expense Ratio Comparison
PLFRX has a 0.68% expense ratio, which is lower than MWCIX's 0.76% expense ratio.
Risk-Adjusted Performance
PLFRX vs. MWCIX — Risk-Adjusted Performance Rank
PLFRX
MWCIX
PLFRX vs. MWCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Floating Rate Income (PLFRX) and Metropolitan West Unconstrained Bond Fund (MWCIX). 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.
Dividends
PLFRX vs. MWCIX - Dividend Comparison
PLFRX's dividend yield for the trailing twelve months is around 7.96%, more than MWCIX's 5.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLFRX Pacific Funds Floating Rate Income | 7.96% | 8.47% | 8.92% | 5.66% | 3.93% | 4.06% | 5.14% | 5.08% | 4.46% | 4.22% | 4.51% | 4.58% |
MWCIX Metropolitan West Unconstrained Bond Fund | 5.86% | 6.64% | 6.54% | 4.87% | 2.67% | 2.95% | 3.88% | 3.62% | 2.63% | 2.67% | 2.13% | 2.11% |
Drawdowns
PLFRX vs. MWCIX - Drawdown Comparison
The maximum PLFRX drawdown since its inception was -18.75%, which is greater than MWCIX's maximum drawdown of -12.81%. Use the drawdown chart below to compare losses from any high point for PLFRX and MWCIX. For additional features, visit the drawdowns tool.
Volatility
PLFRX vs. MWCIX - Volatility Comparison
Pacific Funds Floating Rate Income (PLFRX) has a higher volatility of 1.55% compared to Metropolitan West Unconstrained Bond Fund (MWCIX) at 1.11%. This indicates that PLFRX's price experiences larger fluctuations and is considered to be riskier than MWCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.