POEAX vs. PLIIX

Last updated Jun 3, 2026

POEAX (Pacific Funds Portfolio Optimization Aggressive-Growth) and PLIIX (Pacific Funds Core Income) are both mutual funds - POEAX is a Diversified Portfolio fund managed by Pacific Funds Series Trust, while PLIIX is a Intermediate Core-Plus Bond fund managed by Pacific Funds Series Trust. Over the past 10 years, POEAX returned 10.89%/yr vs 2.87%/yr for PLIIX. At a 0.04 correlation, their price movements are largely independent. POEAX charges 0.60%/yr vs 0.55%/yr for PLIIX.

Performance

POEAX vs. PLIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) and Pacific Funds Core Income (PLIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, POEAX achieves a 11.26% return, which is significantly higher than PLIIX's 0.50% return. Over the past 10 years, POEAX has outperformed PLIIX with an annualized return of 10.89%, while PLIIX has yielded a comparatively lower 2.87% annualized return.

POEAX

• 1D: 0.06%
• 1M: 3.86%
• YTD: 11.26%
• 6M: 11.59%
• 1Y: 26.18%
• 3Y*: 17.78%
• 5Y*: 7.99%
• 10Y*: 10.89%

PLIIX

• 1D: -0.10%
• 1M: 0.29%
• YTD: 0.50%
• 6M: 0.56%
• 1Y: 5.85%
• 3Y*: 5.05%
• 5Y*: 1.30%
• 10Y*: 2.87%

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

POEAX vs. PLIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POEAX Pacific Funds Portfolio Optimization Aggressive-Growth	11.26%	16.66%	15.13%	18.53%	-21.24%	18.82%	16.09%	26.91%	-9.28%	19.17%
PLIIX Pacific Funds Core Income	0.50%	7.38%	2.85%	8.23%	-12.16%	-0.13%	8.71%	11.31%	-1.64%	5.13%

Correlation

The correlation between POEAX and PLIIX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.28
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.04

Over the past year, POEAX and PLIIX have become more correlated (0.39) than their long-term average of 0.04, meaning their price movements have been converging.

Return for Risk

POEAX vs. PLIIX — Risk / Return Rank

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

POEAX

POEAX Risk / Return Rank: 62
POEAX Sharpe Ratio Rank: 58
POEAX Sortino Ratio Rank: 56
POEAX Omega Ratio Rank: 55
POEAX Calmar Ratio Rank: 66
POEAX Martin Ratio Rank: 73

PLIIX

PLIIX Risk / Return Rank: 31
PLIIX Sharpe Ratio Rank: 28
PLIIX Sortino Ratio Rank: 31
PLIIX Omega Ratio Rank: 28
PLIIX Calmar Ratio Rank: 36
PLIIX Martin Ratio Rank: 33

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.

POEAX vs. PLIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) and Pacific Funds Core Income (PLIIX). 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.

	POEAX	PLIIX	Difference
Sharpe ratio Return per unit of total volatility	2.26	1.54	+0.72
Sortino ratio Return per unit of downside risk	3.15	2.35	+0.80
Omega ratio Gain probability vs. loss probability	1.41	1.28	+0.13
Calmar ratio Return relative to maximum drawdown	3.13	2.30	+0.83
Martin ratio Return relative to average drawdown	14.00	7.58	+6.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POEAX vs. PLIIX - Sharpe Ratio Comparison

The current POEAX Sharpe Ratio is 2.26, which is higher than the PLIIX Sharpe Ratio of 1.54. The chart below compares the historical Sharpe Ratios of POEAX and PLIIX, 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

	POEAX	PLIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.26	1.54	+0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.25	+0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.63	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.91	-0.52

Drawdowns

POEAX vs. PLIIX - Drawdown Comparison

The maximum POEAX drawdown since its inception was -57.49%, which is greater than PLIIX's maximum drawdown of -16.99%. Use the drawdown chart below to compare losses from any high point for POEAX and PLIIX.

Drawdown Indicators

	POEAX	PLIIX	Difference
Max Drawdown Largest peak-to-trough decline	-57.49%	-16.99%	-40.50%
Max Drawdown (1Y) Largest decline over 1 year	-8.57%	-2.54%	-6.03%
Max Drawdown (3Y) Largest decline over 3 years	-17.49%	-5.28%	-12.21%
Max Drawdown (5Y) Largest decline over 5 years	-29.40%	-16.99%	-12.41%
Max Drawdown (10Y) Largest decline over 10 years	-35.88%	-16.99%	-18.89%
Current Drawdown Current decline from peak	0.00%	-0.92%	+0.92%
Average Drawdown Average peak-to-trough decline	-8.81%	-2.31%	-6.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	0.77%	+1.15%

Volatility

POEAX vs. PLIIX - Volatility Comparison

Pacific Funds Portfolio Optimization Aggressive-Growth (POEAX) has a higher volatility of 3.22% compared to Pacific Funds Core Income (PLIIX) at 1.28%. This indicates that POEAX's price experiences larger fluctuations and is considered to be riskier than PLIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POEAX	PLIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	1.28%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	9.13%	2.64%	+6.49%
Volatility (1Y) Calculated over the trailing 1-year period	11.89%	3.67%	+8.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.09%	5.23%	+19.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.56%	4.54%	+17.02%

POEAX vs. PLIIX - Expense Ratio Comparison

POEAX has a 0.60% expense ratio, which is higher than PLIIX's 0.55% expense ratio.

Dividends

POEAX vs. PLIIX - Dividend Comparison

POEAX's dividend yield for the trailing twelve months is around 6.94%, more than PLIIX's 4.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PLIIX Pacific Funds Core Income	4.80%	4.81%	4.94%	4.27%	3.32%	4.29%	3.04%	3.07%	3.50%	2.90%	2.96%	3.32%
POEAX Pacific Funds Portfolio Optimization Aggressive-Growth	6.94%	7.73%	2.12%	1.67%	36.10%	10.62%	3.32%	7.91%	24.81%	4.03%	7.09%	3.16%

Frequently Asked Questions

Can I hold both POEAX and PLIIX in my portfolio?

POEAX and PLIIX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POEAX or PLIIX?

POEAX has higher volatility (3.22%) compared to PLIIX (1.28%). In terms of maximum drawdown, POEAX dropped -57.49% vs PLIIX's -16.99%.

Which has better risk-adjusted returns?

POEAX currently has the higher Sharpe Ratio (2.26 vs 1.54), 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.