PQIPX vs. SPY
Compare and contrast key facts about PIMCO Dividend and Income Fund (PQIPX) and SPDR S&P 500 ETF (SPY).
PQIPX is managed by PIMCO. It was launched on Dec 13, 2011. 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: PQIPX or SPY.
Correlation
The correlation between PQIPX and SPY is 0.80, 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
PQIPX vs. SPY - Performance Comparison
Key characteristics
PQIPX:
1.54
SPY:
0.56
PQIPX:
2.13
SPY:
0.92
PQIPX:
1.32
SPY:
1.14
PQIPX:
1.75
SPY:
0.59
PQIPX:
8.29
SPY:
2.32
PQIPX:
1.46%
SPY:
4.80%
PQIPX:
7.88%
SPY:
20.01%
PQIPX:
-33.13%
SPY:
-55.19%
PQIPX:
-0.38%
SPY:
-8.17%
Returns By Period
In the year-to-date period, PQIPX achieves a 5.68% return, which is significantly higher than SPY's -3.97% return. Over the past 10 years, PQIPX has underperformed SPY with an annualized return of 4.91%, while SPY has yielded a comparatively higher 12.19% annualized return.
PQIPX
5.68%
6.07%
4.31%
11.49%
12.40%
4.91%
SPY
-3.97%
11.26%
-4.45%
9.89%
15.66%
12.19%
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PQIPX vs. SPY - Expense Ratio Comparison
PQIPX has a 0.81% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PQIPX vs. SPY — Risk-Adjusted Performance Rank
PQIPX
SPY
PQIPX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Dividend and Income Fund (PQIPX) 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
PQIPX vs. SPY - Dividend Comparison
PQIPX's dividend yield for the trailing twelve months is around 4.92%, more than SPY's 1.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQIPX PIMCO Dividend and Income Fund | 4.92% | 5.11% | 4.48% | 5.51% | 3.96% | 2.69% | 3.79% | 3.73% | 2.69% | 3.46% | 12.20% | 6.74% |
SPY SPDR S&P 500 ETF | 1.28% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PQIPX vs. SPY - Drawdown Comparison
The maximum PQIPX drawdown since its inception was -33.13%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PQIPX and SPY. For additional features, visit the drawdowns tool.
Volatility
PQIPX vs. SPY - Volatility Comparison
The current volatility for PIMCO Dividend and Income Fund (PQIPX) is 3.74%, while SPDR S&P 500 ETF (SPY) has a volatility of 12.55%. This indicates that PQIPX 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.