PMJAX vs. TDVFX

Last updated Jun 4, 2026

PMJAX (PIMCO RAE US Small Fund Class A) and TDVFX (Towle Deep Value Fund) are both Small Cap Value Equities funds. Their correlation of 0.88 suggests significant overlap in exposure. PMJAX charges 0.90%/yr vs 1.10%/yr for TDVFX.

Performance

PMJAX vs. TDVFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE US Small Fund Class A (PMJAX) and Towle Deep Value Fund (TDVFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PMJAX

• 1D: 1.46%
• 1M: 7.49%
• YTD: 19.03%
• 6M: 16.82%
• 1Y: 35.94%
• 3Y*: 21.80%
• 5Y*: 10.65%
• 10Y*: 13.33%

TDVFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PMJAX vs. TDVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PMJAX PIMCO RAE US Small Fund Class A	19.03%	4.89%	20.53%	19.76%	-5.07%	38.48%	6.52%	19.76%	-12.02%	8.76%
TDVFX Towle Deep Value Fund	2.30%	1.50%	-17.89%	18.95%	-2.26%	26.16%	5.59%	22.57%	-31.93%	14.62%

Correlation

The correlation between PMJAX and TDVFX is 0.71, 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	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.88

The correlation between PMJAX and TDVFX shifts across timeframes, from 0.71 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PMJAX vs. TDVFX — Risk / Return Rank

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

PMJAX

PMJAX Risk / Return Rank: 65
PMJAX Sharpe Ratio Rank: 56
PMJAX Sortino Ratio Rank: 54
PMJAX Omega Ratio Rank: 47
PMJAX Calmar Ratio Rank: 92
PMJAX Martin Ratio Rank: 78

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.

PMJAX vs. TDVFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE US Small Fund Class A (PMJAX) and Towle Deep Value Fund (TDVFX). 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.

	PMJAX	TDVFX	Difference
Sharpe ratio: Return per unit of total volatility	2.22	—	—
Sortino ratio: Return per unit of downside risk	3.13	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	4.97	—	—
Martin ratio: Return relative to average drawdown	14.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PMJAX	TDVFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.22	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.40	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	—	—

Drawdowns

Drawdown Indicators

	PMJAX	TDVFX	Difference
Max Drawdown Largest peak-to-trough decline	-50.53%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.72%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-50.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.53%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-17.03%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	—	—

Volatility

Volatility by Period

	PMJAX	TDVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.13%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.16%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	40.26%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.57%	—	—

PMJAX vs. TDVFX - Expense Ratio Comparison

PMJAX has a 0.90% expense ratio, which is lower than TDVFX's 1.10% expense ratio.

Dividends

PMJAX vs. TDVFX - Dividend Comparison

PMJAX's dividend yield for the trailing twelve months is around 2.78%, more than TDVFX's 0.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMJAX PIMCO RAE US Small Fund Class A	2.78%	3.31%	2.48%	1.40%	10.08%	67.74%	9.44%	1.37%	7.72%	4.51%	1.16%	0.00%
TDVFX Towle Deep Value Fund	0.53%	0.46%	1.72%	2.10%	7.93%	0.00%	0.07%	0.93%	11.24%	22.54%	0.00%	4.33%

Frequently Asked Questions

Can I hold both PMJAX and TDVFX in my portfolio?

PMJAX and TDVFX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.