PPRMX vs. HDV
Compare and contrast key facts about PIMCO Inflation Response Multi-Asset Fund (PPRMX) and iShares Core High Dividend ETF (HDV).
PPRMX is managed by PIMCO. It was launched on Aug 30, 2011. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011.
Performance
PPRMX vs. HDV - Performance Comparison
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PPRMX vs. HDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PPRMX PIMCO Inflation Response Multi-Asset Fund | 2.81% | 16.58% | 12.47% | 6.37% | -5.22% | 13.72% | 9.32% | 11.25% | -3.76% | 8.38% |
HDV iShares Core High Dividend ETF | 12.30% | 11.90% | 14.16% | 1.72% | 7.05% | 19.45% | -6.48% | 20.22% | -3.01% | 13.40% |
Returns By Period
In the year-to-date period, PPRMX achieves a 2.81% return, which is significantly lower than HDV's 12.30% return. Over the past 10 years, PPRMX has underperformed HDV with an annualized return of 7.54%, while HDV has yielded a comparatively higher 9.52% annualized return.
PPRMX
- 1D
- 0.63%
- 1M
- -2.56%
- YTD
- 2.81%
- 6M
- 5.35%
- 1Y
- 12.93%
- 3Y*
- 12.27%
- 5Y*
- 8.80%
- 10Y*
- 7.54%
HDV
- 1D
- 0.24%
- 1M
- -2.54%
- YTD
- 12.30%
- 6M
- 12.67%
- 1Y
- 15.69%
- 3Y*
- 13.97%
- 5Y*
- 11.18%
- 10Y*
- 9.52%
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PPRMX vs. HDV - Expense Ratio Comparison
PPRMX has a 0.76% expense ratio, which is higher than HDV's 0.08% expense ratio.
Return for Risk
PPRMX vs. HDV — Risk / Return Rank
PPRMX
HDV
PPRMX vs. HDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Inflation Response Multi-Asset Fund (PPRMX) and iShares Core High Dividend ETF (HDV). 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.
| PPRMX | HDV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.01 | 1.24 | +0.77 |
Sortino ratioReturn per unit of downside risk | 2.68 | 1.70 | +0.98 |
Omega ratioGain probability vs. loss probability | 1.38 | 1.25 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 2.87 | 1.65 | +1.22 |
Martin ratioReturn relative to average drawdown | 13.10 | 6.01 | +7.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PPRMX | HDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 1.24 | +0.77 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.06 | 0.88 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.61 | +0.40 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.73 | -0.07 |
Correlation
The correlation between PPRMX and HDV is 0.40, 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.
Dividends
PPRMX vs. HDV - Dividend Comparison
PPRMX's dividend yield for the trailing twelve months is around 2.45%, less than HDV's 2.92% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PPRMX PIMCO Inflation Response Multi-Asset Fund | 2.45% | 2.52% | 9.77% | 0.00% | 14.01% | 11.20% | 0.76% | 3.11% | 11.35% | 6.36% | 0.45% | 3.01% |
HDV iShares Core High Dividend ETF | 2.92% | 3.22% | 3.67% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% |
Drawdowns
PPRMX vs. HDV - Drawdown Comparison
The maximum PPRMX drawdown since its inception was -18.70%, smaller than the maximum HDV drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for PPRMX and HDV.
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Drawdown Indicators
| PPRMX | HDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.70% | -37.04% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -4.97% | -10.04% | +5.07% |
Max Drawdown (5Y)Largest decline over 5 years | -14.36% | -15.42% | +1.06% |
Max Drawdown (10Y)Largest decline over 10 years | -18.20% | -37.04% | +18.84% |
Current DrawdownCurrent decline from peak | -2.66% | -2.58% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -4.22% | -3.09% | -1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 2.88% | -1.79% |
Volatility
PPRMX vs. HDV - Volatility Comparison
The current volatility for PIMCO Inflation Response Multi-Asset Fund (PPRMX) is 2.29%, while iShares Core High Dividend ETF (HDV) has a volatility of 2.94%. This indicates that PPRMX experiences smaller price fluctuations and is considered to be less risky than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PPRMX | HDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.29% | 2.94% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 4.71% | 7.06% | -2.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.84% | 12.79% | -5.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.34% | 12.78% | -4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.53% | 15.70% | -8.17% |