PMIF-U.TO vs. BLOK

Last updated Jun 4, 2026

PMIF-U.TO (PIMCO Monthly Income Fund (Canada)) and BLOK (Amplify Transformational Data Sharing ETF) are both exchange-traded funds - PMIF-U.TO is a Multisector Bonds fund actively managed by PIMCO, while BLOK is a Technology Equities fund actively managed by Amplify. Both are actively managed. Over the past 5 years, PMIF-U.TO returned 2.60%/yr vs 11.96%/yr for BLOK. At a 0.10 correlation, their price movements are largely independent. PMIF-U.TO charges 0.84%/yr vs 0.71%/yr for BLOK.

Performance

PMIF-U.TO vs. BLOK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Monthly Income Fund (Canada) (PMIF-U.TO) and Amplify Transformational Data Sharing ETF (BLOK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PMIF-U.TO achieves a 0.45% return, which is significantly lower than BLOK's 16.21% return.

PMIF-U.TO

• 1D: -0.30%
• 1M: 0.56%
• YTD: 0.45%
• 6M: 0.49%
• 1Y: 6.92%
• 3Y*: 6.17%
• 5Y*: 2.60%
• 10Y*: —

BLOK

• 1D: -2.62%
• 1M: 7.72%
• YTD: 16.21%
• 6M: 7.24%
• 1Y: 30.79%
• 3Y*: 51.34%
• 5Y*: 11.96%
• 10Y*: —

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

PMIF-U.TO vs. BLOK - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
PMIF-U.TO PIMCO Monthly Income Fund (Canada)	0.45%	9.02%	3.83%	7.22%	-6.89%	0.89%	3.42%	7.02%	0.69%
BLOK Amplify Transformational Data Sharing ETF	16.21%	32.64%	53.12%	99.62%	-62.36%	30.76%	90.17%	29.54%	-25.23%

Correlation

The correlation between PMIF-U.TO and BLOK is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.10

The correlation between PMIF-U.TO and BLOK shifts across timeframes, from 0.09 (5 years) to 0.23 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PMIF-U.TO vs. BLOK — Risk / Return Rank

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

PMIF-U.TO

PMIF-U.TO Risk / Return Rank: 57
PMIF-U.TO Sharpe Ratio Rank: 62
PMIF-U.TO Sortino Ratio Rank: 66
PMIF-U.TO Omega Ratio Rank: 64
PMIF-U.TO Calmar Ratio Rank: 44
PMIF-U.TO Martin Ratio Rank: 51

BLOK

BLOK Risk / Return Rank: 21
BLOK Sharpe Ratio Rank: 23
BLOK Sortino Ratio Rank: 23
BLOK Omega Ratio Rank: 23
BLOK Calmar Ratio Rank: 20
BLOK Martin Ratio Rank: 18

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.

PMIF-U.TO vs. BLOK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Monthly Income Fund (Canada) (PMIF-U.TO) and Amplify Transformational Data Sharing ETF (BLOK). 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.

	PMIF-U.TO	BLOK	Difference
Sharpe ratio: Return per unit of total volatility	2.06	0.81	+1.25
Sortino ratio: Return per unit of downside risk	3.04	1.30	+1.74
Omega ratio: Gain probability vs. loss probability	1.39	1.16	+0.23
Calmar ratio: Return relative to maximum drawdown	2.16	0.87	+1.29
Martin ratio: Return relative to average drawdown	8.38	1.90	+6.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PMIF-U.TO vs. BLOK - Sharpe Ratio Comparison

The current PMIF-U.TO Sharpe Ratio is 2.06, which is higher than the BLOK Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of PMIF-U.TO and BLOK, 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

	PMIF-U.TO	BLOK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	0.81	+1.25
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.28	+0.30
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.48	+0.11

Drawdowns

PMIF-U.TO vs. BLOK - Drawdown Comparison

The maximum PMIF-U.TO drawdown since its inception was -17.24%, smaller than the maximum BLOK drawdown of -73.33%. Use the drawdown chart below to compare losses from any high point for PMIF-U.TO and BLOK.

Drawdown Indicators

	PMIF-U.TO	BLOK	Difference
Max Drawdown Largest peak-to-trough decline	-17.24%	-73.33%	+56.09%
Max Drawdown (1Y) Largest decline over 1 year	-3.22%	-35.64%	+32.42%
Max Drawdown (3Y) Largest decline over 3 years	-4.15%	-35.64%	+31.49%
Max Drawdown (5Y) Largest decline over 5 years	-11.03%	-73.33%	+62.30%
Current Drawdown Current decline from peak	-1.16%	-10.16%	+9.00%
Average Drawdown Average peak-to-trough decline	-2.32%	-26.08%	+23.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	16.23%	-15.40%

Volatility

PMIF-U.TO vs. BLOK - Volatility Comparison

The current volatility for PIMCO Monthly Income Fund (Canada) (PMIF-U.TO) is 1.26%, while Amplify Transformational Data Sharing ETF (BLOK) has a volatility of 10.59%. This indicates that PMIF-U.TO experiences smaller price fluctuations and is considered to be less risky than BLOK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PMIF-U.TO	BLOK	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.26%	10.59%	-9.33%
Volatility (6M) Calculated over the trailing 6-month period	2.51%	28.55%	-26.04%
Volatility (1Y) Calculated over the trailing 1-year period	3.39%	38.29%	-34.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.05%	42.36%	-37.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.71%	38.97%	-32.26%

PMIF-U.TO vs. BLOK - Expense Ratio Comparison

PMIF-U.TO has a 0.84% expense ratio, which is higher than BLOK's 0.71% expense ratio.

Dividends

PMIF-U.TO vs. BLOK - Dividend Comparison

PMIF-U.TO's dividend yield for the trailing twelve months is around 3.94%, more than BLOK's 0.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BLOK Amplify Transformational Data Sharing ETF	0.62%	0.72%	6.00%	1.15%	0.00%	14.31%	1.88%	2.05%	1.30%
PMIF-U.TO PIMCO Monthly Income Fund (Canada)	3.94%	3.96%	4.91%	4.53%	2.82%	2.40%	2.68%	2.38%	0.59%

Frequently Asked Questions

Can I hold both PMIF-U.TO and BLOK in my portfolio?

PMIF-U.TO and BLOK have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PMIF-U.TO or BLOK?

On fees, BLOK is cheaper at 0.71% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PMIF-U.TO or BLOK?

BLOK is cheaper with a 0.71% expense ratio, compared with 0.84% for PMIF-U.TO.

What is the main difference between PMIF-U.TO and BLOK?

PMIF-U.TO is categorized as Multisector Bonds, while BLOK is Technology Equities. They also come from different issuers: PIMCO and Amplify. Their fees differ too: 0.84% for PMIF-U.TO and 0.71% for BLOK.