PMBIX vs. VTV

Last updated Jun 4, 2026

PMBIX (PIMCO Total Return II Fund) and VTV (Vanguard Value ETF) are both funds - PMBIX is a Intermediate Core Bond fund managed by PIMCO, while VTV is a Large Cap Value Equities fund tracking the CRSP US Large Cap Value Index. Over the past 10 years, PMBIX returned 2.14%/yr vs 12.48%/yr for VTV. At a correlation of -0.13, they often move in opposite directions. PMBIX charges 0.50%/yr vs 0.04%/yr for VTV.

Performance

PMBIX vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Total Return II Fund (PMBIX) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PMBIX achieves a 0.18% return, which is significantly lower than VTV's 12.30% return. Over the past 10 years, PMBIX has underperformed VTV with an annualized return of 2.14%, while VTV has yielded a comparatively higher 12.48% annualized return.

PMBIX

• 1D: 0.00%
• 1M: 0.50%
• YTD: 0.18%
• 6M: 0.17%
• 1Y: 5.86%
• 3Y*: 4.78%
• 5Y*: 0.36%
• 10Y*: 2.14%

VTV

• 1D: 0.01%
• 1M: 4.23%
• YTD: 12.30%
• 6M: 13.12%
• 1Y: 26.25%
• 3Y*: 18.28%
• 5Y*: 11.24%
• 10Y*: 12.48%

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

PMBIX vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PMBIX PIMCO Total Return II Fund	0.18%	8.18%	2.46%	6.45%	-14.65%	-1.46%	8.33%	9.62%	0.30%	4.66%
VTV Vanguard Value ETF	12.30%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between PMBIX and VTV is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.23
Correlation (5Y) Calculated over the trailing 5-year period	0.13
Correlation (10Y) Calculated over the trailing 10-year period	-0.05
Correlation (All Time) Calculated using the full available price history since Feb 2, 2004	-0.13

The correlation between PMBIX and VTV shifts across timeframes, from -0.13 (all time) to 0.27 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PMBIX vs. VTV — Risk / Return Rank

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

PMBIX

PMBIX Risk / Return Rank: 22
PMBIX Sharpe Ratio Rank: 23
PMBIX Sortino Ratio Rank: 23
PMBIX Omega Ratio Rank: 22
PMBIX Calmar Ratio Rank: 22
PMBIX Martin Ratio Rank: 21

VTV

VTV Risk / Return Rank: 79
VTV Sharpe Ratio Rank: 78
VTV Sortino Ratio Rank: 82
VTV Omega Ratio Rank: 77
VTV Calmar Ratio Rank: 79
VTV Martin Ratio Rank: 79

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.

PMBIX vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Total Return II Fund (PMBIX) and Vanguard Value ETF (VTV). 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.

	PMBIX	VTV	Difference
Sharpe ratio Return per unit of total volatility	1.37	2.61	-1.25
Sortino ratio Return per unit of downside risk	2.01	3.74	-1.73
Omega ratio Gain probability vs. loss probability	1.25	1.47	-0.22
Calmar ratio Return relative to maximum drawdown	1.73	4.15	-2.43
Martin ratio Return relative to average drawdown	5.48	15.69	-10.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PMBIX vs. VTV - Sharpe Ratio Comparison

The current PMBIX Sharpe Ratio is 1.37, which is lower than the VTV Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of PMBIX and VTV, 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

	PMBIX	VTV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	2.61	-1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.81	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.42	0.75	-0.33
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.51	+0.55

Drawdowns

PMBIX vs. VTV - Drawdown Comparison

The maximum PMBIX drawdown since its inception was -19.54%, smaller than the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for PMBIX and VTV.

Drawdown Indicators

	PMBIX	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-19.54%	-59.27%	+39.73%
Max Drawdown (1Y) Largest decline over 1 year	-3.42%	-6.35%	+2.93%
Max Drawdown (3Y) Largest decline over 3 years	-6.11%	-14.52%	+8.41%
Max Drawdown (5Y) Largest decline over 5 years	-19.51%	-17.04%	-2.47%
Max Drawdown (10Y) Largest decline over 10 years	-19.54%	-36.78%	+17.24%
Current Drawdown Current decline from peak	-1.64%	0.00%	-1.64%
Average Drawdown Average peak-to-trough decline	-2.25%	-7.87%	+5.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	1.68%	-0.60%

Volatility

PMBIX vs. VTV - Volatility Comparison

The current volatility for PIMCO Total Return II Fund (PMBIX) is 1.74%, while Vanguard Value ETF (VTV) has a volatility of 2.52%. This indicates that PMBIX experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PMBIX	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	2.52%	-0.78%
Volatility (6M) Calculated over the trailing 6-month period	3.30%	7.55%	-4.25%
Volatility (1Y) Calculated over the trailing 1-year period	4.35%	10.11%	-5.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	13.88%	-7.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.09%	16.67%	-11.58%

PMBIX vs. VTV - Expense Ratio Comparison

PMBIX has a 0.50% expense ratio, which is higher than VTV's 0.04% expense ratio.

Dividends

PMBIX vs. VTV - Dividend Comparison

PMBIX's dividend yield for the trailing twelve months is around 3.91%, more than VTV's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMBIX PIMCO Total Return II Fund	3.91%	3.84%	3.79%	3.46%	1.85%	1.51%	7.15%	5.23%	3.13%	2.57%	3.72%	6.88%
VTV Vanguard Value ETF	1.86%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both PMBIX and VTV in my portfolio?

PMBIX and VTV have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PMBIX or VTV?

VTV has higher volatility (2.52%) compared to PMBIX (1.74%). In terms of maximum drawdown, PMBIX dropped -19.54% vs VTV's -59.27%.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.61 vs 1.36), 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.