PPQZX vs. SPY
Compare and contrast key facts about PIMCO RealPath Blend 2050 Fund (PPQZX) and SPDR S&P 500 ETF (SPY).
PPQZX is managed by PIMCO. It was launched on Dec 30, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PPQZX or SPY.
Correlation
The correlation between PPQZX and SPY is 0.94, 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.
Performance
PPQZX vs. SPY - Performance Comparison
Key characteristics
PPQZX:
1.63
SPY:
1.97
PPQZX:
2.23
SPY:
2.64
PPQZX:
1.29
SPY:
1.36
PPQZX:
2.56
SPY:
2.97
PPQZX:
8.43
SPY:
12.34
PPQZX:
2.08%
SPY:
2.03%
PPQZX:
10.76%
SPY:
12.68%
PPQZX:
-31.59%
SPY:
-55.19%
PPQZX:
-0.23%
SPY:
-0.01%
Returns By Period
In the year-to-date period, PPQZX achieves a 4.67% return, which is significantly higher than SPY's 4.03% return. Over the past 10 years, PPQZX has underperformed SPY with an annualized return of 7.45%, while SPY has yielded a comparatively higher 13.18% annualized return.
PPQZX
4.67%
3.19%
4.73%
15.75%
8.22%
7.45%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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PPQZX vs. SPY - Expense Ratio Comparison
PPQZX has a 0.06% expense ratio, which is lower than SPY's 0.09% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
PPQZX vs. SPY — Risk-Adjusted Performance Rank
PPQZX
SPY
PPQZX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RealPath Blend 2050 Fund (PPQZX) and SPDR S&P 500 ETF (SPY). 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
PPQZX vs. SPY - Dividend Comparison
PPQZX's dividend yield for the trailing twelve months is around 3.16%, more than SPY's 1.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPQZX PIMCO RealPath Blend 2050 Fund | 3.16% | 3.31% | 2.05% | 1.19% | 3.97% | 0.77% | 3.63% | 1.88% | 2.10% | 2.40% | 1.91% | 0.00% |
SPY SPDR S&P 500 ETF | 1.16% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PPQZX vs. SPY - Drawdown Comparison
The maximum PPQZX drawdown since its inception was -31.59%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PPQZX and SPY. For additional features, visit the drawdowns tool.
Volatility
PPQZX vs. SPY - Volatility Comparison
The current volatility for PIMCO RealPath Blend 2050 Fund (PPQZX) is 2.68%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.15%. This indicates that PPQZX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.