POSIX vs. PIMIX
Compare and contrast key facts about Principal Global Real Estate Securities Fund (POSIX) and PIMCO Income Fund Institutional Class (PIMIX).
POSIX is managed by Principal. It was launched on Sep 30, 2007. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: POSIX or PIMIX.
Key characteristics
| POSIX | PIMIX | |
|---|---|---|
| YTD Return | 10.25% | 6.23% |
| 1Y Return | 26.07% | 12.34% |
| 3Y Return (Ann) | -1.29% | 2.57% |
| 5Y Return (Ann) | 2.12% | 3.78% |
| 10Y Return (Ann) | 5.03% | 4.43% |
| Sharpe Ratio | 1.41 | 2.38 |
| Daily Std Dev | 16.20% | 4.97% |
| Max Drawdown | -68.45% | -13.39% |
| Current Drawdown | -9.68% | -0.09% |
Correlation
The correlation between POSIX and PIMIX is 0.21, 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
POSIX vs. PIMIX - Performance Comparison
In the year-to-date period, POSIX achieves a 10.25% return, which is significantly higher than PIMIX's 6.23% return. Over the past 10 years, POSIX has outperformed PIMIX with an annualized return of 5.03%, while PIMIX has yielded a comparatively lower 4.43% 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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POSIX vs. PIMIX - Expense Ratio Comparison
POSIX has a 0.94% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
POSIX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Global Real Estate Securities Fund (POSIX) and PIMCO Income Fund Institutional Class (PIMIX). 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
POSIX vs. PIMIX - Dividend Comparison
POSIX's dividend yield for the trailing twelve months is around 2.36%, less than PIMIX's 6.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
POSIX Principal Global Real Estate Securities Fund | 2.36% | 2.61% | 1.12% | 2.40% | 1.13% | 6.32% | 3.81% | 4.16% | 3.70% | 4.48% | 3.18% | 6.17% |
PIMIX PIMCO Income Fund Institutional Class | 6.10% | 6.73% | 6.39% | 4.02% | 4.84% | 5.80% | 5.62% | 5.39% | 5.57% | 7.92% | 6.51% | 5.60% |
Drawdowns
POSIX vs. PIMIX - Drawdown Comparison
The maximum POSIX drawdown since its inception was -68.45%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for POSIX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
POSIX vs. PIMIX - Volatility Comparison
Principal Global Real Estate Securities Fund (POSIX) has a higher volatility of 3.25% compared to PIMCO Income Fund Institutional Class (PIMIX) at 0.78%. This indicates that POSIX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.