PONCX vs. FLTW
PONCX (PIMCO Income Fund Class C) and FLTW (Franklin FTSE Taiwan ETF) are both funds - PONCX is a Multisector Bonds fund actively managed by PIMCO, while FLTW is a Taiwan Equities fund tracking the FTSE Taiwan RIC Capped Index. PONCX is actively managed, while FLTW is passively managed. Over the past 5 years, PONCX returned 1.95%/yr vs 18.91%/yr for FLTW. Their 0.28 correlation means their historical movements had little consistent relationship. PONCX charges 1.69%/yr vs 0.19%/yr for FLTW.
Performance
PONCX vs. FLTW - Performance Comparison
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Returns By Period
In the year-to-date period, PONCX achieves a -0.35% return, which is significantly lower than FLTW's 53.07% return.
PONCX
- 1D
- 0.09%
- 1M
- -1.20%
- 6M
- -0.84%
- YTD
- -0.35%
- 1Y
- 3.50%
- 3Y*
- 5.38%
- 5Y*
- 1.95%
- 10Y*
- 3.19%
- ALL TIME*
- 5.36%
FLTW
- 1D
- 3.38%
- 1M
- -8.11%
- 6M
- 41.10%
- YTD
- 53.07%
- 1Y
- 78.62%
- 3Y*
- 36.54%
- 5Y*
- 18.91%
- 10Y*
- —
- ALL TIME*
- 18.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $79.26M | $58.46M | $67.03M | |
| $0.00 | $0.00 | $0.00 |
PONCX vs. FLTW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PONCX PIMCO Income Fund Class C | -0.35% | 9.80% | 3.81% | 7.61% | -9.86% | 1.44% | 4.63% | 6.85% | -0.56% | 0.30% |
FLTW Franklin FTSE Taiwan ETF | 53.07% | 32.00% | 16.68% | 30.05% | -27.51% | 29.46% | 29.77% | 31.23% | -9.32% | -1.28% |
Correlation
The correlation between PONCX and FLTW is 0.29, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.29 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.31 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2017 | 0.28 |
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Return for Risk
PONCX vs. FLTW — Risk / Return Rank
PONCX
FLTW
PONCX vs. FLTW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class C (PONCX) and Franklin FTSE Taiwan ETF (FLTW). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PONCX | FLTW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.33 | ||
| Sortino ratioReturn per unit of downside risk | -1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.41 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 3.73 | -2.47 |
| Martin ratioReturn relative to average drawdown | 3.69 | 15.39 | -11.69 |
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Drawdowns
PONCX vs. FLTW - Drawdown Comparison
The maximum PONCX drawdown since its inception was -14.17%, smaller than the maximum FLTW drawdown of -38.00%. Use the drawdown chart below to compare losses from any high point for PONCX and FLTW.
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Drawdown Indicators
| PONCX | FLTW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.17% | -38.00% | +23.83% |
Max Drawdown (1Y)Largest decline over 1 year | -3.69% | -21.34% | +17.65% |
Max Drawdown (3Y)Largest decline over 3 years | -3.69% | -26.45% | +22.76% |
Max Drawdown (5Y)Largest decline over 5 years | -14.17% | -38.00% | +23.83% |
Max Drawdown (10Y)Largest decline over 10 years | -14.17% | — | — |
Current DrawdownCurrent decline from peak | -2.07% | -14.83% | +12.76% |
Average DrawdownAverage peak-to-trough decline | -2.04% | -8.43% | +6.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 5.16% | -3.91% |
Volatility
PONCX vs. FLTW - Volatility Comparison
The current volatility for PIMCO Income Fund Class C (PONCX) is 1.15%, while Franklin FTSE Taiwan ETF (FLTW) has a volatility of 13.59%. This indicates that PONCX experiences smaller price fluctuations and is considered to be less risky than FLTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PONCX | FLTW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 13.59% | -12.44% |
Volatility (6M)Calculated over the trailing 6-month period | 3.48% | 28.76% | -25.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.03% | 32.00% | -27.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.80% | 24.04% | -19.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.16% | 22.60% | -18.44% |
PONCX vs. FLTW - Expense Ratio Comparison
PONCX has a 1.69% expense ratio, which is higher than FLTW's 0.19% expense ratio.
Dividends
PONCX vs. FLTW - Dividend Comparison
PONCX's dividend yield for the trailing twelve months is around 4.25%, more than FLTW's 1.76% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLTW Franklin FTSE Taiwan ETF | 1.76% | 2.51% | 1.89% | 2.85% | 3.16% | 2.31% | 2.14% | 3.00% | 1.06% | 0.00% | 0.00% | 0.00% |
PONCX PIMCO Income Fund Class C | 4.25% | 4.88% | 4.70% | 4.66% | 4.06% | 2.86% | 3.77% | 4.67% | 4.46% | 4.24% | 4.41% | 6.63% |
Frequently Asked Questions
PONCX and FLTW have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FLTW has higher volatility (13.59%) compared to PONCX (1.15%). In terms of maximum drawdown, PONCX dropped -14.17% vs FLTW's -38.00%.
FLTW currently has the higher Sharpe Ratio (2.49 vs 1.15), 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.
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