PLSRX vs. POEAX

Last updated Jun 5, 2026

PLSRX (Pacific Funds Strategic Income) and POEAX (Pacific Funds Portfolio Optimization Aggressive-Growth) are both mutual funds - PLSRX is a Multisector Bonds fund managed by Pacific Funds Series Trust, while POEAX is a Diversified Portfolio fund managed by Pacific Funds Series Trust. Over the past 10 years, PLSRX returned 4.97%/yr vs 10.84%/yr for POEAX. At a 0.43 correlation, their price movements are largely independent. PLSRX charges 0.64%/yr vs 0.60%/yr for POEAX.

Performance

PLSRX vs. POEAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacific Funds Strategic Income (PLSRX) and Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLSRX achieves a 0.99% return, which is significantly lower than POEAX's 10.79% return. Over the past 10 years, PLSRX has underperformed POEAX with an annualized return of 4.97%, while POEAX has yielded a comparatively higher 10.84% annualized return.

PLSRX

• 1D: -0.19%
• 1M: 0.18%
• YTD: 0.99%
• 6M: 1.34%
• 1Y: 5.82%
• 3Y*: 7.10%
• 5Y*: 3.26%
• 10Y*: 4.97%

POEAX

• 1D: -0.79%
• 1M: 2.96%
• YTD: 10.79%
• 6M: 10.28%
• 1Y: 24.84%
• 3Y*: 17.61%
• 5Y*: 7.85%
• 10Y*: 10.84%

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

PLSRX vs. POEAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PLSRX Pacific Funds Strategic Income	0.99%	7.40%	6.04%	11.24%	-9.67%	3.61%	9.82%	13.65%	-2.64%	6.85%
POEAX Pacific Funds Portfolio Optimization Aggressive-Growth	10.79%	16.66%	15.13%	18.53%	-21.24%	18.82%	16.09%	26.91%	-9.28%	19.17%

Correlation

The correlation between PLSRX and POEAX is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.47
Correlation (10Y) Calculated over the trailing 10-year period	0.47
Correlation (All Time) Calculated using the full available price history since Dec 21, 2011	0.43

The correlation between PLSRX and POEAX has been stable across timeframes, ranging from 0.43 to 0.52 - a consistent structural relationship.

Return for Risk

PLSRX vs. POEAX — Risk / Return Rank

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

PLSRX

PLSRX Risk / Return Rank: 67
PLSRX Sharpe Ratio Rank: 65
PLSRX Sortino Ratio Rank: 73
PLSRX Omega Ratio Rank: 72
PLSRX Calmar Ratio Rank: 58
PLSRX Martin Ratio Rank: 68

POEAX

POEAX Risk / Return Rank: 56
POEAX Sharpe Ratio Rank: 52
POEAX Sortino Ratio Rank: 51
POEAX Omega Ratio Rank: 50
POEAX Calmar Ratio Rank: 60
POEAX Martin Ratio Rank: 69

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.

PLSRX vs. POEAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Strategic Income (PLSRX) and Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX). 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.

	PLSRX	POEAX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	2.11	+0.21
Sortino ratio: Return per unit of downside risk	3.52	2.96	+0.56
Omega ratio: Gain probability vs. loss probability	1.47	1.38	+0.09
Calmar ratio: Return relative to maximum drawdown	2.87	2.93	-0.06
Martin ratio: Return relative to average drawdown	12.90	13.09	-0.19
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PLSRX vs. POEAX - Sharpe Ratio Comparison

The current PLSRX Sharpe Ratio is 2.32, which is comparable to the POEAX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of PLSRX and POEAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PLSRX	POEAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	2.11	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.31	+0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.12	0.50	+0.61
Sharpe Ratio (All Time) Calculated using the full available price history	1.35	0.39	+0.97

Drawdowns

PLSRX vs. POEAX - Drawdown Comparison

The maximum PLSRX drawdown since its inception was -19.88%, smaller than the maximum POEAX drawdown of -57.49%. Use the drawdown chart below to compare losses from any high point for PLSRX and POEAX.

Drawdown Indicators

	PLSRX	POEAX	Difference
Max Drawdown Largest peak-to-trough decline	-19.88%	-57.49%	+37.61%
Max Drawdown (1Y) Largest decline over 1 year	-2.14%	-8.57%	+6.43%
Max Drawdown (3Y) Largest decline over 3 years	-3.29%	-17.49%	+14.20%
Max Drawdown (5Y) Largest decline over 5 years	-13.71%	-29.40%	+15.69%
Max Drawdown (10Y) Largest decline over 10 years	-19.88%	-35.88%	+16.00%
Current Drawdown Current decline from peak	-0.29%	-0.79%	+0.50%
Average Drawdown Average peak-to-trough decline	-1.74%	-8.81%	+7.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	1.92%	-1.44%

Volatility

PLSRX vs. POEAX - Volatility Comparison

The current volatility for Pacific Funds Strategic Income (PLSRX) is 1.10%, while Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) has a volatility of 3.33%. This indicates that PLSRX experiences smaller price fluctuations and is considered to be less risky than POEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PLSRX	POEAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.10%	3.33%	-2.23%
Volatility (6M) Calculated over the trailing 6-month period	2.09%	9.14%	-7.05%
Volatility (1Y) Calculated over the trailing 1-year period	2.65%	11.90%	-9.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.01%	25.09%	-21.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.46%	21.55%	-17.09%

PLSRX vs. POEAX - Expense Ratio Comparison

PLSRX has a 0.64% expense ratio, which is higher than POEAX's 0.60% expense ratio.

Dividends

PLSRX vs. POEAX - Dividend Comparison

PLSRX's dividend yield for the trailing twelve months is around 5.62%, less than POEAX's 6.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLSRX Pacific Funds Strategic Income	5.62%	5.67%	5.97%	5.17%	4.73%	4.10%	3.84%	4.32%	4.74%	3.87%	4.14%	4.71%
POEAX Pacific Funds Portfolio Optimization Aggressive-Growth	6.97%	7.73%	2.12%	1.67%	36.10%	10.62%	3.32%	7.91%	24.81%	4.03%	7.09%	3.16%

Frequently Asked Questions

Can I hold both PLSRX and POEAX in my portfolio?

PLSRX and POEAX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PLSRX or POEAX?

POEAX has higher volatility (3.33%) compared to PLSRX (1.10%). In terms of maximum drawdown, PLSRX dropped -19.88% vs POEAX's -57.49%.

Which has better risk-adjusted returns?

PLSRX currently has the higher Sharpe Ratio (2.32 vs 2.11), 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.