PQIPX vs. SCHG

Last updated Aug 4, 2026

PQIPX (PIMCO Dividend and Income Fund) and SCHG (Schwab U.S. Large-Cap Growth ETF) are both funds - PQIPX is a Global Allocation fund managed by PIMCO, while SCHG is a Large Cap Growth Equities fund tracking the Dow Jones U.S. Large-Cap Growth Total Stock Market Index. Over the past 10 years, PQIPX returned 8.17%/yr vs 18.33%/yr for SCHG. Their 0.67 correlation means they have sometimes moved together and sometimes differently. PQIPX charges 0.81%/yr vs 0.04%/yr for SCHG.

Performance

PQIPX vs. SCHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Dividend and Income Fund (PQIPX) and Schwab U.S. Large-Cap Growth ETF (SCHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PQIPX achieves a 10.46% return, which is significantly higher than SCHG's 7.11% return. Over the past 10 years, PQIPX has underperformed SCHG with an annualized return of 8.17%, while SCHG has yielded a comparatively higher 18.33% annualized return.

PQIPX

• 1D: -0.32%
• 1M: 0.97%
• 6M: 6.61%
• YTD: 10.46%
• 1Y: 18.21%
• 3Y*: 13.10%
• 5Y*: 8.47%
• 10Y*: 8.17%
• ALL TIME*: 7.53%

SCHG

• 1D: 2.02%
• 1M: 2.17%
• 6M: 8.95%
• YTD: 7.11%
• 1Y: 18.50%
• 3Y*: 23.37%
• 5Y*: 13.47%
• 10Y*: 18.33%
• ALL TIME*: 16.47%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PQIPX PIMCO Dividend and Income Fund	$0.00	$0.00	$0.00
SCHG Schwab U.S. Large-Cap Growth ETF	$249.58M	$250.01M	$339.80M

PQIPX vs. SCHG - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PQIPX PIMCO Dividend and Income Fund	10.46%	17.26%	7.08%	11.93%	-6.37%	18.45%	-1.54%	15.53%	-8.78%	16.08%
SCHG Schwab U.S. Large-Cap Growth ETF	7.11%	17.50%	34.95%	50.10%	-31.80%	28.11%	39.14%	36.02%	-1.36%	28.05%

Correlation

The correlation between PQIPX and SCHG is 0.45, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.45
Correlation (3Y) Balances recent behavior with more history.	0.48
Correlation (5Y) Shows whether the relationship held over a longer period.	0.58
Correlation (10Y) Provides a long-term view across more market conditions.	0.59
Correlation (All Time) Calculated using the full available price history since Dec 15, 2011	0.67

Over the past year, the correlation between PQIPX and SCHG has dropped to 0.45 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

PQIPX vs. SCHG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PQIPX

PQIPX Risk / Return Rank: 95
PQIPX Sharpe Ratio Rank: 97
PQIPX Sortino Ratio Rank: 96
PQIPX Omega Ratio Rank: 95
PQIPX Calmar Ratio Rank: 92
PQIPX Martin Ratio Rank: 94

SCHG

SCHG Risk / Return Rank: 39
SCHG Sharpe Ratio Rank: 44
SCHG Sortino Ratio Rank: 43
SCHG Omega Ratio Rank: 41
SCHG Calmar Ratio Rank: 34
SCHG Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PQIPX vs. SCHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Dividend and Income Fund (PQIPX) and Schwab U.S. Large-Cap Growth ETF (SCHG). 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.

	PQIPX	SCHG	Difference
Sharpe ratio: Return per unit of total volatility	2.91	1.12	+1.79
Sortino ratio: Return per unit of downside risk	4.09	1.59	+2.50
Omega ratio: Gain probability vs. loss probability	1.58	1.20	+0.38
Calmar ratio: Return relative to maximum drawdown	3.72	1.13	+2.59
Martin ratio: Return relative to average drawdown	15.42	3.58	+11.84

PQIPX vs. SCHG - Sharpe Ratio Comparison

The current PQIPX Sharpe Ratio is 2.91, which is higher than the SCHG Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of PQIPX and SCHG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PQIPX vs. SCHG - Drawdown Comparison

The maximum PQIPX drawdown since its inception was -33.13%, roughly equal to the maximum SCHG drawdown of -34.59%. Use the drawdown chart below to compare losses from any high point for PQIPX and SCHG.

Drawdown Indicators

	PQIPX	SCHG	Difference
Max Drawdown Largest peak-to-trough decline	-33.13%	-34.59%	+1.46%
Max Drawdown (1Y) Largest decline over 1 year	-5.06%	-16.41%	+11.35%
Max Drawdown (3Y) Largest decline over 3 years	-7.69%	-23.39%	+15.70%
Max Drawdown (5Y) Largest decline over 5 years	-15.81%	-34.59%	+18.78%
Max Drawdown (10Y) Largest decline over 10 years	-33.13%	-34.59%	+1.46%
Current Drawdown Current decline from peak	-0.38%	-1.15%	+0.77%
Average Drawdown Average peak-to-trough decline	-4.85%	-5.19%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.22%	5.19%	-3.97%

Volatility

PQIPX vs. SCHG - Volatility Comparison

The current volatility for PIMCO Dividend and Income Fund (PQIPX) is 1.54%, while Schwab U.S. Large-Cap Growth ETF (SCHG) has a volatility of 4.76%. This indicates that PQIPX experiences smaller price fluctuations and is considered to be less risky than SCHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PQIPX	SCHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.54%	4.76%	-3.22%
Volatility (6M) Calculated over the trailing 6-month period	5.28%	13.02%	-7.74%
Volatility (1Y) Calculated over the trailing 1-year period	6.48%	16.66%	-10.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.40%	22.45%	-14.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.89%	21.60%	-9.71%

PQIPX vs. SCHG - Expense Ratio Comparison

PQIPX has a 0.81% expense ratio, which is higher than SCHG's 0.04% expense ratio.

Dividends

PQIPX vs. SCHG - Dividend Comparison

PQIPX's dividend yield for the trailing twelve months is around 2.76%, more than SCHG's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PQIPX PIMCO Dividend and Income Fund	2.76%	2.05%	3.02%	4.35%	5.51%	3.96%	2.69%	3.79%	3.73%	2.69%	3.46%	11.08%
SCHG Schwab U.S. Large-Cap Growth ETF	0.38%	0.36%	0.39%	0.46%	0.55%	0.42%	0.52%	0.82%	1.27%	1.01%	1.04%	1.22%

Frequently Asked Questions

Can I hold both PQIPX and SCHG in my portfolio?

PQIPX and SCHG have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PQIPX or SCHG?

SCHG has higher volatility (4.76%) compared to PQIPX (1.54%). In terms of maximum drawdown, PQIPX dropped -33.13% vs SCHG's -34.59%.

Which has better risk-adjusted returns?

PQIPX currently has the higher Sharpe Ratio (2.91 vs 1.12), 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.