PLSRX vs. ACP
PLSRX (Pacific Funds Strategic Income) and ACP (abrdn Income Credit Strategies Fund) are both Multisector Bonds funds. Over the past 10 years, PLSRX returned 4.61%/yr vs 5.37%/yr for ACP. Their 0.34 correlation means their historical movements had little consistent relationship. PLSRX charges 0.64%/yr vs 1.97%/yr for ACP.
Performance
PLSRX vs. ACP - Performance Comparison
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Returns By Period
In the year-to-date period, PLSRX achieves a -0.07% return, which is significantly lower than ACP's 2.65% return. Over the past 10 years, PLSRX has underperformed ACP with an annualized return of 4.61%, while ACP has yielded a comparatively higher 5.37% annualized return.
PLSRX
- 1D
- -0.58%
- 1M
- -1.35%
- 6M
- -0.42%
- YTD
- -0.07%
- 1Y
- 2.63%
- 3Y*
- 6.19%
- 5Y*
- 2.85%
- 10Y*
- 4.61%
- ALL TIME*
- 5.41%
ACP
- 1D
- -0.79%
- 1M
- -3.51%
- 6M
- -2.71%
- YTD
- 2.65%
- 1Y
- -0.14%
- 3Y*
- 6.94%
- 5Y*
- -0.18%
- 10Y*
- 5.37%
- ALL TIME*
- 3.72%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $3.09M | $2.75M | $2.45M | |
| $0.00 | $0.00 | $0.00 |
PLSRX vs. ACP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLSRX Pacific Funds Strategic Income | -0.07% | 7.40% | 6.04% | 11.24% | -9.67% | 3.61% | 9.82% | 13.65% | -2.64% | 6.85% |
ACP abrdn Income Credit Strategies Fund | 2.65% | 6.48% | 4.81% | 19.27% | -22.87% | 6.65% | 7.51% | 26.93% | -17.64% | 15.60% |
Correlation
The correlation between PLSRX and ACP is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.29 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.33 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Dec 20, 2011 | 0.34 |
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Return for Risk
PLSRX vs. ACP — Risk / Return Rank
PLSRX
ACP
PLSRX vs. ACP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Strategic Income (PLSRX) and abrdn Income Credit Strategies Fund (ACP). 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.
| PLSRX | ACP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.10 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.01 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | -0.01 | +1.43 |
| Martin ratioReturn relative to average drawdown | 5.84 | -0.04 | +5.87 |
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Drawdowns
PLSRX vs. ACP - Drawdown Comparison
The maximum PLSRX drawdown since its inception was -19.88%, smaller than the maximum ACP drawdown of -51.03%. Use the drawdown chart below to compare losses from any high point for PLSRX and ACP.
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Drawdown Indicators
| PLSRX | ACP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.88% | -51.03% | +31.15% |
Max Drawdown (1Y)Largest decline over 1 year | -2.14% | -10.51% | +8.37% |
Max Drawdown (3Y)Largest decline over 3 years | -3.29% | -18.97% | +15.68% |
Max Drawdown (5Y)Largest decline over 5 years | -13.71% | -38.83% | +25.12% |
Max Drawdown (10Y)Largest decline over 10 years | -19.88% | -51.03% | +31.15% |
Current DrawdownCurrent decline from peak | -1.44% | -7.88% | +6.44% |
Average DrawdownAverage peak-to-trough decline | -1.72% | -11.06% | +9.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | 3.86% | -3.34% |
Volatility
PLSRX vs. ACP - Volatility Comparison
The current volatility for Pacific Funds Strategic Income (PLSRX) is 0.93%, while abrdn Income Credit Strategies Fund (ACP) has a volatility of 3.78%. This indicates that PLSRX experiences smaller price fluctuations and is considered to be less risky than ACP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLSRX | ACP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 3.78% | -2.85% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 10.07% | -7.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.78% | 12.30% | -9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.04% | 17.03% | -12.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.46% | 21.09% | -16.63% |
PLSRX vs. ACP - Expense Ratio Comparison
PLSRX has a 0.64% expense ratio, which is lower than ACP's 1.97% expense ratio.
Dividends
PLSRX vs. ACP - Dividend Comparison
PLSRX's dividend yield for the trailing twelve months is around 5.24%, less than ACP's 18.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACP abrdn Income Credit Strategies Fund | 18.53% | 17.19% | 19.72% | 17.65% | 17.70% | 11.76% | 12.73% | 12.27% | 12.60% | 10.26% | 10.72% | 12.69% |
PLSRX Pacific Funds Strategic Income | 5.24% | 5.67% | 5.97% | 5.17% | 4.73% | 4.10% | 3.84% | 4.32% | 4.74% | 3.87% | 4.14% | 4.71% |
Frequently Asked Questions
PLSRX and ACP have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ACP has higher volatility (3.78%) compared to PLSRX (0.93%). In terms of maximum drawdown, PLSRX dropped -19.88% vs ACP's -51.03%.
PLSRX currently has the higher Sharpe Ratio (1.09 vs -0.01), 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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