PONPX vs. HOBEX
Compare and contrast key facts about PIMCO Income Fund Class I-2 (PONPX) and Holbrook Income Fund (HOBEX).
PONPX is managed by PIMCO. HOBEX is managed by Holbrook Holdings. It was launched on Jul 6, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PONPX or HOBEX.
Performance
PONPX vs. HOBEX - Performance Comparison
Returns By Period
In the year-to-date period, PONPX achieves a 4.76% return, which is significantly lower than HOBEX's 6.92% return.
PONPX
4.76%
0.14%
3.90%
9.34%
3.07%
4.03%
HOBEX
6.92%
1.02%
3.40%
7.84%
4.76%
N/A
Key characteristics
| PONPX | HOBEX | |
|---|---|---|
| Sharpe Ratio | 2.17 | 2.20 |
| Sortino Ratio | 3.29 | 3.44 |
| Omega Ratio | 1.43 | 1.72 |
| Calmar Ratio | 2.40 | 2.86 |
| Martin Ratio | 10.33 | 15.86 |
| Ulcer Index | 0.90% | 0.49% |
| Daily Std Dev | 4.30% | 3.56% |
| Max Drawdown | -13.39% | -23.58% |
| Current Drawdown | -1.72% | 0.00% |
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PONPX vs. HOBEX - Expense Ratio Comparison
PONPX has a 0.72% expense ratio, which is lower than HOBEX's 1.60% expense ratio.
Correlation
The correlation between PONPX and HOBEX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PONPX vs. HOBEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Income Fund Class I-2 (PONPX) and Holbrook Income Fund (HOBEX). 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
PONPX vs. HOBEX - Dividend Comparison
PONPX's dividend yield for the trailing twelve months is around 6.13%, more than HOBEX's 6.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PONPX PIMCO Income Fund Class I-2 | 6.13% | 6.10% | 6.28% | 3.92% | 4.79% | 5.76% | 5.58% | 5.32% | 5.47% | 7.64% | 6.18% | 5.37% |
HOBEX Holbrook Income Fund | 6.03% | 6.36% | 4.83% | 4.34% | 5.44% | 3.00% | 3.53% | 2.92% | 1.21% | 0.00% | 0.00% | 0.00% |
Drawdowns
PONPX vs. HOBEX - Drawdown Comparison
The maximum PONPX drawdown since its inception was -13.39%, smaller than the maximum HOBEX drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for PONPX and HOBEX. For additional features, visit the drawdowns tool.
Volatility
PONPX vs. HOBEX - Volatility Comparison
PIMCO Income Fund Class I-2 (PONPX) has a higher volatility of 1.00% compared to Holbrook Income Fund (HOBEX) at 0.82%. This indicates that PONPX's price experiences larger fluctuations and is considered to be riskier than HOBEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.