PRRIX vs. FDRR
Compare and contrast key facts about PIMCO Real Return Fund (PRRIX) and Fidelity Dividend ETF for Rising Rates (FDRR).
PRRIX is managed by PIMCO. It was launched on Jan 28, 1997. FDRR is a passively managed fund by Fidelity that tracks the performance of the Fidelity Dividend Index for Rising Rates. It was launched on Sep 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRRIX or FDRR.
Key characteristics
| PRRIX | FDRR | |
|---|---|---|
| YTD Return | 2.85% | 22.98% |
| 1Y Return | 7.18% | 35.15% |
| 3Y Return (Ann) | -2.18% | 9.16% |
| 5Y Return (Ann) | 2.32% | 12.58% |
| Sharpe Ratio | 1.37 | 3.05 |
| Sortino Ratio | 2.09 | 4.16 |
| Omega Ratio | 1.25 | 1.57 |
| Calmar Ratio | 0.55 | 4.53 |
| Martin Ratio | 6.18 | 20.19 |
| Ulcer Index | 1.14% | 1.72% |
| Daily Std Dev | 5.17% | 11.39% |
| Max Drawdown | -19.33% | -36.52% |
| Current Drawdown | -6.53% | -0.36% |
Correlation
The correlation between PRRIX and FDRR is 0.02, 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.
Performance
PRRIX vs. FDRR - Performance Comparison
In the year-to-date period, PRRIX achieves a 2.85% return, which is significantly lower than FDRR's 22.98% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PRRIX vs. FDRR - Expense Ratio Comparison
PRRIX has a 0.45% expense ratio, which is higher than FDRR's 0.29% expense ratio.
Risk-Adjusted Performance
PRRIX vs. FDRR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Real Return Fund (PRRIX) and Fidelity Dividend ETF for Rising Rates (FDRR). 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
PRRIX vs. FDRR - Dividend Comparison
PRRIX's dividend yield for the trailing twelve months is around 2.94%, more than FDRR's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRRIX PIMCO Real Return Fund | 2.94% | 3.24% | 8.75% | 5.12% | 2.62% | 1.92% | 2.70% | 2.58% | 1.10% | 1.08% | 3.89% | 1.24% |
FDRR Fidelity Dividend ETF for Rising Rates | 2.16% | 2.93% | 2.75% | 2.09% | 2.85% | 2.89% | 3.20% | 2.89% | 0.61% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRRIX vs. FDRR - Drawdown Comparison
The maximum PRRIX drawdown since its inception was -19.33%, smaller than the maximum FDRR drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for PRRIX and FDRR. For additional features, visit the drawdowns tool.
Volatility
PRRIX vs. FDRR - Volatility Comparison
The current volatility for PIMCO Real Return Fund (PRRIX) is 1.37%, while Fidelity Dividend ETF for Rising Rates (FDRR) has a volatility of 3.27%. This indicates that PRRIX experiences smaller price fluctuations and is considered to be less risky than FDRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.