PONAX vs. FAGIX
Compare and contrast key facts about PIMCO Income Fund Class A (PONAX) and Fidelity Capital & Income Fund (FAGIX).
PONAX is managed by PIMCO. It was launched on Apr 2, 2007. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PONAX or FAGIX.
Key characteristics
| PONAX | FAGIX | |
|---|---|---|
| YTD Return | 4.40% | 11.57% |
| 1Y Return | 9.04% | 16.48% |
| 3Y Return (Ann) | 1.54% | 1.40% |
| 5Y Return (Ann) | 2.74% | 5.00% |
| 10Y Return (Ann) | 3.76% | 5.09% |
| Sharpe Ratio | 2.31 | 3.46 |
| Sortino Ratio | 3.55 | 5.30 |
| Omega Ratio | 1.46 | 1.77 |
| Calmar Ratio | 2.15 | 1.54 |
| Martin Ratio | 11.92 | 24.28 |
| Ulcer Index | 0.86% | 0.68% |
| Daily Std Dev | 4.43% | 4.82% |
| Max Drawdown | -13.42% | -37.80% |
| Current Drawdown | -1.84% | -0.48% |
Correlation
The correlation between PONAX and FAGIX is 0.38, 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. FAGIX - Performance Comparison
In the year-to-date period, PONAX achieves a 4.40% return, which is significantly lower than FAGIX's 11.57% return. Over the past 10 years, PONAX has underperformed FAGIX with an annualized return of 3.76%, while FAGIX has yielded a comparatively higher 5.09% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PONAX vs. FAGIX - Expense Ratio Comparison
PONAX has a 1.02% expense ratio, which is higher than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
PONAX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class A (PONAX) and Fidelity Capital & Income Fund (FAGIX). 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.
Dividends
PONAX vs. FAGIX - Dividend Comparison
PONAX's dividend yield for the trailing twelve months is around 5.86%, more than FAGIX's 5.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PONAX PIMCO Income Fund Class A | 5.86% | 5.87% | 5.96% | 3.62% | 4.49% | 5.47% | 5.24% | 4.95% | 5.17% | 7.33% | 5.89% | 5.09% |
FAGIX Fidelity Capital & Income Fund | 5.01% | 5.29% | 4.85% | 3.41% | 3.78% | 4.25% | 5.27% | 4.01% | 4.12% | 5.00% | 8.04% | 5.47% |
Drawdowns
PONAX vs. FAGIX - Drawdown Comparison
The maximum PONAX drawdown since its inception was -13.42%, smaller than the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for PONAX and FAGIX. For additional features, visit the drawdowns tool.
Volatility
PONAX vs. FAGIX - Volatility Comparison
The current volatility for PIMCO Income Fund Class A (PONAX) is 1.09%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 1.16%. This indicates that PONAX experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.