PQTPX vs. GFIRX
Compare and contrast key facts about PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and Goldman Sachs Managed Futures Strategy Fund (GFIRX).
PQTPX is managed by PIMCO. It was launched on Dec 30, 2013. GFIRX is managed by Goldman Sachs. It was launched on Feb 28, 2012.
Performance
PQTPX vs. GFIRX - Performance Comparison
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PQTPX vs. GFIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 4.61% | 2.41% | -3.08% | -4.21% | 11.37% | 14.83% | 9.72% | 2.83% | 2.30% | 2.21% |
GFIRX Goldman Sachs Managed Futures Strategy Fund | 0.43% | 0.54% | -5.17% | -3.87% | 20.44% | 4.86% | 6.94% | 2.61% | -2.24% | 2.56% |
Returns By Period
In the year-to-date period, PQTPX achieves a 4.61% return, which is significantly higher than GFIRX's 0.43% return. Over the past 10 years, PQTPX has outperformed GFIRX with an annualized return of 3.75%, while GFIRX has yielded a comparatively lower 2.35% annualized return.
PQTPX
- 1D
- 0.18%
- 1M
- -2.29%
- YTD
- 4.61%
- 6M
- 10.33%
- 1Y
- 12.11%
- 3Y*
- 2.06%
- 5Y*
- 4.29%
- 10Y*
- 3.75%
GFIRX
- 1D
- -0.54%
- 1M
- -3.94%
- YTD
- 0.43%
- 6M
- 4.04%
- 1Y
- 7.92%
- 3Y*
- -0.21%
- 5Y*
- 2.49%
- 10Y*
- 2.35%
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PQTPX vs. GFIRX - Expense Ratio Comparison
PQTPX has a 1.51% expense ratio, which is higher than GFIRX's 1.33% expense ratio.
Return for Risk
PQTPX vs. GFIRX — Risk / Return Rank
PQTPX
GFIRX
PQTPX vs. GFIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) and Goldman Sachs Managed Futures Strategy Fund (GFIRX). 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.
| PQTPX | GFIRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 0.89 | +0.50 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.26 | +0.63 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.17 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.38 | +0.15 |
Martin ratioReturn relative to average drawdown | 3.74 | 4.28 | -0.54 |
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
| PQTPX | GFIRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.89 | +0.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.24 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.26 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.23 | +0.24 |
Correlation
The correlation between PQTPX and GFIRX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PQTPX vs. GFIRX - Dividend Comparison
Neither PQTPX nor GFIRX has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQTPX PIMCO TRENDS Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 14.80% | 2.40% | 5.63% | 2.49% | 0.32% | 0.20% | 0.00% | 7.57% |
GFIRX Goldman Sachs Managed Futures Strategy Fund | 0.00% | 0.00% | 0.00% | 0.00% | 20.11% | 7.35% | 1.21% | 7.06% | 0.16% | 0.49% | 0.00% | 3.98% |
Drawdowns
PQTPX vs. GFIRX - Drawdown Comparison
The maximum PQTPX drawdown since its inception was -27.86%, which is greater than GFIRX's maximum drawdown of -23.09%. Use the drawdown chart below to compare losses from any high point for PQTPX and GFIRX.
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Drawdown Indicators
| PQTPX | GFIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.86% | -23.09% | -4.77% |
Max Drawdown (1Y)Largest decline over 1 year | -8.02% | -5.37% | -2.65% |
Max Drawdown (5Y)Largest decline over 5 years | -27.86% | -23.09% | -4.77% |
Max Drawdown (10Y)Largest decline over 10 years | -27.86% | -23.09% | -4.77% |
Current DrawdownCurrent decline from peak | -12.70% | -12.09% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -7.00% | -2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.30% | 1.88% | +1.42% |
Volatility
PQTPX vs. GFIRX - Volatility Comparison
PIMCO TRENDS Managed Futures Strategy Fund (PQTPX) has a higher volatility of 3.61% compared to Goldman Sachs Managed Futures Strategy Fund (GFIRX) at 3.28%. This indicates that PQTPX's price experiences larger fluctuations and is considered to be riskier than GFIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQTPX | GFIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 3.28% | +0.33% |
Volatility (6M)Calculated over the trailing 6-month period | 6.68% | 6.24% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.73% | 8.81% | -0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.86% | 10.37% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.36% | 9.04% | +0.32% |