PONAX vs. BINC
Compare and contrast key facts about PIMCO Income Fund Class A (PONAX) and BlackRock Flexible Income ETF (BINC).
PONAX is managed by PIMCO. It was launched on Apr 2, 2007. BINC is an actively managed fund by Blackrock. It was launched on Sep 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PONAX or BINC.
Correlation
The correlation between PONAX and BINC is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PONAX vs. BINC - Performance Comparison
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Key characteristics
PONAX:
1.51
BINC:
2.27
PONAX:
2.24
BINC:
3.08
PONAX:
1.29
BINC:
1.49
PONAX:
2.17
BINC:
2.74
PONAX:
6.23
BINC:
12.01
PONAX:
0.97%
BINC:
0.54%
PONAX:
4.04%
BINC:
2.88%
PONAX:
-13.42%
BINC:
-2.37%
PONAX:
-1.40%
BINC:
-0.29%
Returns By Period
In the year-to-date period, PONAX achieves a 2.03% return, which is significantly higher than BINC's 1.72% return.
PONAX
2.03%
0.86%
1.95%
6.27%
4.21%
3.83%
BINC
1.72%
2.13%
1.97%
6.58%
N/A
N/A
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PONAX vs. BINC - Expense Ratio Comparison
PONAX has a 1.02% expense ratio, which is higher than BINC's 0.40% expense ratio.
Risk-Adjusted Performance
PONAX vs. BINC — Risk-Adjusted Performance Rank
PONAX
BINC
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.
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Dividends
PONAX vs. BINC - Dividend Comparison
PONAX's dividend yield for the trailing twelve months is around 5.33%, less than BINC's 6.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PONAX PIMCO Income Fund Class A | 5.33% | 5.86% | 5.87% | 5.96% | 3.62% | 4.49% | 5.47% | 5.24% | 4.95% | 5.17% | 7.33% | 5.89% |
BINC BlackRock Flexible Income ETF | 6.50% | 6.14% | 3.13% | 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 -2.37%. Use the drawdown chart below to compare losses from any high point for PONAX and BINC. For additional features, visit the drawdowns tool.
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Volatility
PONAX vs. BINC - Volatility Comparison
PIMCO Income Fund Class A (PONAX) has a higher volatility of 1.57% compared to BlackRock Flexible Income ETF (BINC) at 1.44%. 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.
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