PMNT.TO vs. EARN.TO
Compare and contrast key facts about PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) and Evolve Active Global Fixed Income Fund (EARN.TO).
PMNT.TO and EARN.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMNT.TO or EARN.TO.
Correlation
The correlation between PMNT.TO and EARN.TO is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PMNT.TO vs. EARN.TO - Performance Comparison
Key characteristics
PMNT.TO:
2.38
EARN.TO:
1.44
PMNT.TO:
3.63
EARN.TO:
2.18
PMNT.TO:
1.73
EARN.TO:
1.33
PMNT.TO:
7.27
EARN.TO:
3.37
PMNT.TO:
27.83
EARN.TO:
15.31
PMNT.TO:
0.18%
EARN.TO:
0.44%
PMNT.TO:
2.05%
EARN.TO:
4.69%
PMNT.TO:
-6.81%
EARN.TO:
-15.52%
PMNT.TO:
-0.57%
EARN.TO:
-0.53%
Returns By Period
In the year-to-date period, PMNT.TO achieves a 0.48% return, which is significantly higher than EARN.TO's 0.03% return.
PMNT.TO
0.48%
0.32%
2.20%
4.87%
2.38%
N/A
EARN.TO
0.03%
1.27%
2.57%
8.52%
2.47%
N/A
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PMNT.TO vs. EARN.TO - Expense Ratio Comparison
Risk-Adjusted Performance
PMNT.TO vs. EARN.TO — Risk-Adjusted Performance Rank
PMNT.TO
EARN.TO
PMNT.TO vs. EARN.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) and Evolve Active Global Fixed Income Fund (EARN.TO). 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.
Dividends
PMNT.TO vs. EARN.TO - Dividend Comparison
PMNT.TO's dividend yield for the trailing twelve months is around 5.46%, more than EARN.TO's 3.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
PMNT.TO PIMCO Global Short Maturity Fund (Canada) | 5.46% | 5.49% | 4.93% | 2.60% | 1.17% | 2.68% | 2.09% | 0.00% |
EARN.TO Evolve Active Global Fixed Income Fund | 3.68% | 3.67% | 3.14% | 3.63% | 3.87% | 2.99% | 2.92% | 0.27% |
Drawdowns
PMNT.TO vs. EARN.TO - Drawdown Comparison
The maximum PMNT.TO drawdown since its inception was -6.81%, smaller than the maximum EARN.TO drawdown of -15.52%. Use the drawdown chart below to compare losses from any high point for PMNT.TO and EARN.TO. For additional features, visit the drawdowns tool.
Volatility
PMNT.TO vs. EARN.TO - Volatility Comparison
PIMCO Global Short Maturity Fund (Canada) (PMNT.TO) and Evolve Active Global Fixed Income Fund (EARN.TO) have volatilities of 2.16% and 2.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.