PMJIX vs. PTY
PMJIX (PIMCO RAE US Small Fund) and PTY (PIMCO Corporate & Income Opportunity Fund) are both mutual funds - PMJIX is a Small Cap Value Equities fund managed by PIMCO, while PTY is a Corporate Bonds fund managed by PIMCO. Over the past 10 years, PMJIX returned 13.47%/yr vs 8.00%/yr for PTY. Their 0.33 correlation means their historical movements had little consistent relationship. PMJIX charges 0.50%/yr vs 1.19%/yr for PTY.
Performance
PMJIX vs. PTY - Performance Comparison
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Returns By Period
In the year-to-date period, PMJIX achieves a 19.86% return, which is significantly higher than PTY's -2.49% return. Over the past 10 years, PMJIX has outperformed PTY with an annualized return of 13.47%, while PTY has yielded a comparatively lower 8.00% annualized return.
PMJIX
- 1D
- -0.57%
- 1M
- -0.07%
- 6M
- 14.36%
- YTD
- 19.86%
- 1Y
- 35.37%
- 3Y*
- 18.06%
- 5Y*
- 12.99%
- 10Y*
- 13.47%
- ALL TIME*
- 11.81%
PTY
- 1D
- 0.43%
- 1M
- -1.68%
- 6M
- -4.12%
- YTD
- -2.49%
- 1Y
- -6.08%
- 3Y*
- 3.46%
- 5Y*
- -1.33%
- 10Y*
- 8.00%
- ALL TIME*
- 10.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $12.11M | $12.45M | $12.40M |
PMJIX vs. PTY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMJIX PIMCO RAE US Small Fund | 19.86% | 5.11% | 22.05% | 19.77% | -4.62% | 39.15% | 6.95% | 20.22% | -11.69% | 9.22% |
PTY PIMCO Corporate & Income Opportunity Fund | -2.49% | -0.51% | 19.87% | 22.56% | -18.71% | 0.40% | 3.24% | 35.36% | 2.49% | 26.63% |
Correlation
The correlation between PMJIX and PTY is 0.32, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.32 |
Correlation (3Y) Balances recent behavior with more history. | 0.26 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.35 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jun 5, 2015 | 0.33 |
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Return for Risk
PMJIX vs. PTY — Risk / Return Rank
PMJIX
PTY
PMJIX vs. PTY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE US Small Fund (PMJIX) and PIMCO Corporate & Income Opportunity Fund (PTY). 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.
| PMJIX | PTY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.53 | ||
| Sortino ratioReturn per unit of downside risk | +3.53 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.91 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 4.37 | -0.40 | +4.77 |
| Martin ratioReturn relative to average drawdown | 13.44 | -0.68 | +14.12 |
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Drawdowns
PMJIX vs. PTY - Drawdown Comparison
The maximum PMJIX drawdown since its inception was -49.75%, smaller than the maximum PTY drawdown of -60.86%. Use the drawdown chart below to compare losses from any high point for PMJIX and PTY.
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Drawdown Indicators
| PMJIX | PTY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.75% | -60.86% | +11.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.62% | -15.44% | +7.82% |
Max Drawdown (3Y)Largest decline over 3 years | -26.04% | -15.53% | -10.51% |
Max Drawdown (5Y)Largest decline over 5 years | -49.75% | -41.38% | -8.37% |
Max Drawdown (10Y)Largest decline over 10 years | -49.75% | -46.55% | -3.20% |
Current DrawdownCurrent decline from peak | -1.83% | -11.51% | +9.68% |
Average DrawdownAverage peak-to-trough decline | -16.00% | -8.63% | -7.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 8.92% | -6.44% |
Volatility
PMJIX vs. PTY - Volatility Comparison
PIMCO RAE US Small Fund (PMJIX) has a higher volatility of 3.25% compared to PIMCO Corporate & Income Opportunity Fund (PTY) at 2.60%. This indicates that PMJIX's price experiences larger fluctuations and is considered to be riskier than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMJIX | PTY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.25% | 2.60% | +0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 11.25% | 7.88% | +3.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.78% | 11.28% | +5.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.26% | 17.22% | +22.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.03% | 21.18% | +11.85% |
PMJIX vs. PTY - Expense Ratio Comparison
PMJIX has a 0.50% expense ratio, which is lower than PTY's 1.19% expense ratio.
Dividends
PMJIX vs. PTY - Dividend Comparison
PMJIX's dividend yield for the trailing twelve months is around 2.63%, less than PTY's 12.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMJIX PIMCO RAE US Small Fund | 2.63% | 3.15% | 3.26% | 1.25% | 9.91% | 65.79% | 9.46% | 1.55% | 7.65% | 4.69% | 1.24% | 1.67% |
PTY PIMCO Corporate & Income Opportunity Fund | 12.12% | 11.05% | 9.92% | 10.77% | 13.12% | 9.16% | 8.74% | 8.37% | 10.63% | 9.48% | 12.09% | 11.92% |
Frequently Asked Questions
PMJIX and PTY have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMJIX has higher volatility (3.25%) compared to PTY (2.60%). In terms of maximum drawdown, PMJIX dropped -49.75% vs PTY's -60.86%.
PMJIX currently has the higher Sharpe Ratio (1.99 vs -0.54), 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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