PONAX vs. DBND
Compare and contrast key facts about PIMCO Income Fund Class A (PONAX) and DoubleLine Opportunistic Bond ETF (DBND).
PONAX is managed by PIMCO. It was launched on Apr 2, 2007. DBND is a passively managed fund by DoubleLine that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Mar 31, 2022.
Performance
PONAX vs. DBND - Performance Comparison
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PONAX vs. DBND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PONAX PIMCO Income Fund Class A | -1.42% | 10.63% | 5.02% | 8.96% | -4.59% |
DBND DoubleLine Opportunistic Bond ETF | -0.49% | 7.41% | 3.06% | 6.33% | -5.93% |
Returns By Period
In the year-to-date period, PONAX achieves a -1.42% return, which is significantly lower than DBND's -0.49% return.
PONAX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.42%
- 6M
- 0.98%
- 1Y
- 5.68%
- 3Y*
- 6.79%
- 5Y*
- 3.00%
- 10Y*
- 4.25%
DBND
- 1D
- 0.33%
- 1M
- -2.07%
- YTD
- -0.49%
- 6M
- 0.76%
- 1Y
- 4.02%
- 3Y*
- 4.30%
- 5Y*
- —
- 10Y*
- —
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PONAX vs. DBND - Expense Ratio Comparison
PONAX has a 1.02% expense ratio, which is higher than DBND's 0.50% expense ratio.
Return for Risk
PONAX vs. DBND — Risk / Return Rank
PONAX
DBND
PONAX vs. DBND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class A (PONAX) and DoubleLine Opportunistic Bond ETF (DBND). 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.
| PONAX | DBND | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.09 | +0.39 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.54 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.20 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.76 | 1.52 | +0.24 |
Martin ratioReturn relative to average drawdown | 7.07 | 4.82 | +2.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PONAX | DBND | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.09 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.03 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.47 | 0.48 | +0.99 |
Correlation
The correlation between PONAX and DBND 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.
Dividends
PONAX vs. DBND - Dividend Comparison
PONAX's dividend yield for the trailing twelve months is around 5.20%, more than DBND's 4.77% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PONAX PIMCO Income Fund Class A | 5.20% | 5.61% | 5.86% | 5.86% | 4.66% | 3.62% | 4.48% | 5.42% | 5.24% | 4.97% | 5.13% | 7.45% |
DBND DoubleLine Opportunistic Bond ETF | 4.77% | 4.78% | 5.19% | 4.39% | 2.74% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PONAX vs. DBND - Drawdown Comparison
The maximum PONAX drawdown since its inception was -13.64%, which is greater than DBND's maximum drawdown of -9.39%. Use the drawdown chart below to compare losses from any high point for PONAX and DBND.
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Drawdown Indicators
| PONAX | DBND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.64% | -9.39% | -4.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.69% | -2.78% | -0.91% |
Max Drawdown (5Y)Largest decline over 5 years | -13.64% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -13.64% | — | — |
Current DrawdownCurrent decline from peak | -3.24% | -2.07% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -1.80% | -2.29% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.88% | +0.04% |
Volatility
PONAX vs. DBND - Volatility Comparison
PIMCO Income Fund Class A (PONAX) has a higher volatility of 1.88% compared to DoubleLine Opportunistic Bond ETF (DBND) at 1.46%. This indicates that PONAX's price experiences larger fluctuations and is considered to be riskier than DBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PONAX | DBND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 1.46% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.61% | 2.18% | +0.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.24% | 3.71% | +0.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.72% | 5.15% | -0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.16% | 5.15% | -0.99% |