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PONAX vs. BINC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PONAX and BINC is 0.78, 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.


-0.50.00.51.00.8

Performance

PONAX vs. BINC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Income Fund Class A (PONAX) and BlackRock Flexible Income ETF (BINC). The values are adjusted to include any dividend payments, if applicable.

8.00%9.00%10.00%11.00%12.00%13.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
10.79%
13.20%
PONAX
BINC

Key characteristics

Sharpe Ratio

PONAX:

1.15

BINC:

2.35

Sortino Ratio

PONAX:

1.67

BINC:

3.34

Omega Ratio

PONAX:

1.21

BINC:

1.46

Calmar Ratio

PONAX:

2.00

BINC:

4.94

Martin Ratio

PONAX:

4.83

BINC:

14.22

Ulcer Index

PONAX:

0.98%

BINC:

0.44%

Daily Std Dev

PONAX:

4.09%

BINC:

2.67%

Max Drawdown

PONAX:

-13.42%

BINC:

-1.95%

Current Drawdown

PONAX:

-2.30%

BINC:

-0.60%

Returns By Period

In the year-to-date period, PONAX achieves a 3.91% return, which is significantly lower than BINC's 5.72% return.


PONAX

YTD

3.91%

1M

-0.47%

6M

2.17%

1Y

4.62%

5Y*

2.46%

10Y*

3.80%

BINC

YTD

5.72%

1M

0.40%

6M

3.70%

1Y

6.08%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PONAX vs. BINC - Expense Ratio Comparison

PONAX has a 1.02% expense ratio, which is higher than BINC's 0.40% expense ratio.


PONAX
PIMCO Income Fund Class A
Expense ratio chart for PONAX: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%
Expense ratio chart for BINC: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

PONAX vs. BINC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class A (PONAX) and BlackRock Flexible Income ETF (BINC). 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.


Sharpe ratio
The chart of Sharpe ratio for PONAX, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.001.152.35
The chart of Sortino ratio for PONAX, currently valued at 1.67, compared to the broader market-2.000.002.004.006.008.0010.001.673.34
The chart of Omega ratio for PONAX, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.003.501.211.46
The chart of Calmar ratio for PONAX, currently valued at 2.00, compared to the broader market0.002.004.006.008.0010.0012.0014.002.004.94
The chart of Martin ratio for PONAX, currently valued at 4.83, compared to the broader market0.0020.0040.0060.004.8314.22
PONAX
BINC

The current PONAX Sharpe Ratio is 1.15, which is lower than the BINC Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of PONAX and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.15
2.35
PONAX
BINC

Dividends

PONAX vs. BINC - Dividend Comparison

PONAX's dividend yield for the trailing twelve months is around 5.39%, less than BINC's 6.14% yield.


TTM20232022202120202019201820172016201520142013
PONAX
PIMCO Income Fund Class A
5.39%5.87%5.96%3.62%4.49%5.47%5.24%4.95%5.17%7.33%5.89%5.09%
BINC
BlackRock Flexible Income ETF
6.14%3.13%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PONAX vs. BINC - Drawdown Comparison

The maximum PONAX drawdown since its inception was -13.42%, which is greater than BINC's maximum drawdown of -1.95%. Use the drawdown chart below to compare losses from any high point for PONAX and BINC. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.30%
-0.60%
PONAX
BINC

Volatility

PONAX vs. BINC - Volatility Comparison

PIMCO Income Fund Class A (PONAX) has a higher volatility of 1.02% compared to BlackRock Flexible Income ETF (BINC) at 0.76%. This indicates that PONAX's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.02%
0.76%
PONAX
BINC
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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