PMTGX vs. SGINX
PMTGX (PIA MBS Bond Fund) and SGINX (DWS GNMA Fund) are both Government Bonds funds. Over the past 10 years, PMTGX returned 1.20%/yr vs 0.98%/yr for SGINX. Their correlation of 0.84 suggests significant overlap in exposure. PMTGX charges 0.23%/yr vs 0.58%/yr for SGINX.
Performance
PMTGX vs. SGINX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PMTGX achieves a 0.66% return, which is significantly higher than SGINX's -0.38% return. Over the past 10 years, PMTGX has outperformed SGINX with an annualized return of 1.20%, while SGINX has yielded a comparatively lower 0.98% annualized return.
PMTGX
- 1D
- 0.48%
- 1M
- 0.91%
- YTD
- 0.66%
- 6M
- 0.60%
- 1Y
- 5.02%
- 3Y*
- 3.95%
- 5Y*
- 0.33%
- 10Y*
- 1.20%
SGINX
- 1D
- 0.34%
- 1M
- -0.34%
- YTD
- -0.38%
- 6M
- -0.47%
- 1Y
- 4.16%
- 3Y*
- 3.46%
- 5Y*
- -0.11%
- 10Y*
- 0.98%
PMTGX vs. SGINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMTGX PIA MBS Bond Fund | 0.66% | 7.83% | 0.96% | 4.73% | -11.37% | -1.18% | 3.85% | 6.02% | 0.76% | 2.35% |
SGINX DWS GNMA Fund | -0.38% | 7.88% | 0.59% | 4.93% | -11.82% | -1.12% | 3.29% | 6.65% | 0.42% | 1.52% |
Correlation
The correlation between PMTGX and SGINX is 0.68, 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 | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.89 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Mar 1, 2006 | 0.84 |
The correlation between PMTGX and SGINX shifts across timeframes, from 0.68 (1 year) to 0.89 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PMTGX vs. SGINX — Risk / Return Rank
PMTGX
SGINX
PMTGX vs. SGINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIA MBS Bond Fund (PMTGX) and DWS GNMA Fund (SGINX). 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.
| PMTGX | SGINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.35 | +0.05 |
| Martin ratioReturn relative to average drawdown | 4.18 | 3.94 | +0.25 |
Loading charts...
Drawdowns
PMTGX vs. SGINX - Drawdown Comparison
The maximum PMTGX drawdown since its inception was -17.09%, roughly equal to the maximum SGINX drawdown of -17.37%. Use the drawdown chart below to compare losses from any high point for PMTGX and SGINX.
Loading charts...
Drawdown Indicators
| PMTGX | SGINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.09% | -17.37% | +0.28% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -3.23% | -0.45% |
Max Drawdown (3Y)Largest decline over 3 years | -7.66% | -7.51% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -16.86% | -16.91% | +0.05% |
Max Drawdown (10Y)Largest decline over 10 years | -17.09% | -17.37% | +0.28% |
Current DrawdownCurrent decline from peak | -1.50% | -2.45% | +0.95% |
Average DrawdownAverage peak-to-trough decline | -2.13% | -1.97% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | 1.11% | +0.12% |
Volatility
PMTGX vs. SGINX - Volatility Comparison
The current volatility for PIA MBS Bond Fund (PMTGX) is 1.23%, while DWS GNMA Fund (SGINX) has a volatility of 1.76%. This indicates that PMTGX experiences smaller price fluctuations and is considered to be less risky than SGINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PMTGX | SGINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 1.76% | -0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 3.30% | 3.09% | +0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 3.97% | +0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.30% | 6.48% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.78% | 4.84% | -0.06% |
PMTGX vs. SGINX - Expense Ratio Comparison
PMTGX has a 0.23% expense ratio, which is lower than SGINX's 0.58% expense ratio.
Dividends
PMTGX vs. SGINX - Dividend Comparison
PMTGX's dividend yield for the trailing twelve months is around 3.71%, less than SGINX's 4.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMTGX PIA MBS Bond Fund | 3.71% | 4.10% | 4.16% | 3.48% | 2.17% | 0.79% | 2.12% | 2.96% | 2.76% | 2.75% | 2.96% | 2.79% |
SGINX DWS GNMA Fund | 4.14% | 3.77% | 3.97% | 3.82% | 1.86% | 1.37% | 2.22% | 2.94% | 2.71% | 3.07% | 2.95% | 3.41% |
Frequently Asked Questions
PMTGX and SGINX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SGINX has higher volatility (1.76%) compared to PMTGX (1.23%). In terms of maximum drawdown, PMTGX dropped -17.09% vs SGINX's -17.37%.
PMTGX currently has the higher Sharpe Ratio (1.19 vs 1.11), 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.
Find the right allocation for PMTGX and SGINX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer