PRRIX vs. OIEJX
PRRIX (PIMCO Real Return Fund) and OIEJX (JPMorgan Equity Income Fund R6) are both mutual funds - PRRIX is a Inflation-Protected Bonds fund managed by PIMCO, while OIEJX is a Large Cap Value Equities fund actively managed by JPMorgan. Over the past 10 years, PRRIX returned 2.52%/yr vs 12.57%/yr for OIEJX. Their -0.04 correlation means they have often moved in opposite directions in the past. Both charge a 0.45% expense ratio.
Performance
PRRIX vs. OIEJX - Performance Comparison
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Returns By Period
In the year-to-date period, PRRIX achieves a -0.21% return, which is significantly lower than OIEJX's 15.85% return. Over the past 10 years, PRRIX has underperformed OIEJX with an annualized return of 2.52%, while OIEJX has yielded a comparatively higher 12.57% annualized return.
PRRIX
- 1D
- 0.00%
- 1M
- -1.18%
- 6M
- -0.57%
- YTD
- -0.21%
- 1Y
- 1.72%
- 3Y*
- 3.95%
- 5Y*
- 0.09%
- 10Y*
- 2.52%
- ALL TIME*
- 4.95%
OIEJX
- 1D
- 0.57%
- 1M
- 0.79%
- 6M
- 11.50%
- YTD
- 15.85%
- 1Y
- 26.09%
- 3Y*
- 17.53%
- 5Y*
- 11.96%
- 10Y*
- 12.57%
- ALL TIME*
- 12.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRRIX vs. OIEJX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRRIX PIMCO Real Return Fund | -0.21% | 8.19% | 2.60% | 3.29% | -13.27% | 5.70% | 12.11% | 8.53% | -1.96% | 4.22% |
OIEJX JPMorgan Equity Income Fund R6 | 15.85% | 14.95% | 19.97% | 5.05% | -1.63% | 25.41% | 3.87% | 26.61% | -4.23% | 17.85% |
Correlation
The correlation between PRRIX and OIEJX is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.17 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 31, 2012 | -0.04 |
The correlation between PRRIX and OIEJX shifts across timeframes, from -0.04 (all time) to 0.23 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PRRIX vs. OIEJX — Risk / Return Rank
PRRIX
OIEJX
PRRIX vs. OIEJX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Real Return Fund (PRRIX) and JPMorgan Equity Income Fund R6 (OIEJX). 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.
| PRRIX | OIEJX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.24 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.40 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | 0.91 | 3.36 | -2.45 |
| Martin ratioReturn relative to average drawdown | 2.72 | 13.13 | -10.41 |
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Drawdowns
PRRIX vs. OIEJX - Drawdown Comparison
The maximum PRRIX drawdown since its inception was -19.25%, smaller than the maximum OIEJX drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for PRRIX and OIEJX.
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Drawdown Indicators
| PRRIX | OIEJX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.25% | -36.88% | +17.63% |
Max Drawdown (1Y)Largest decline over 1 year | -2.66% | -7.08% | +4.42% |
Max Drawdown (3Y)Largest decline over 3 years | -4.07% | -14.16% | +10.09% |
Max Drawdown (5Y)Largest decline over 5 years | -15.76% | -14.74% | -1.02% |
Max Drawdown (10Y)Largest decline over 10 years | -15.76% | -36.88% | +21.12% |
Current DrawdownCurrent decline from peak | -1.85% | -0.80% | -1.05% |
Average DrawdownAverage peak-to-trough decline | -3.16% | -2.98% | -0.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 1.82% | -0.93% |
Volatility
PRRIX vs. OIEJX - Volatility Comparison
The current volatility for PIMCO Real Return Fund (PRRIX) is 0.84%, while JPMorgan Equity Income Fund R6 (OIEJX) has a volatility of 2.76%. This indicates that PRRIX experiences smaller price fluctuations and is considered to be less risky than OIEJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRRIX | OIEJX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 2.76% | -1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 3.14% | 7.93% | -4.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.94% | 10.59% | -6.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.26% | 14.24% | -7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.64% | 16.75% | -11.11% |
PRRIX vs. OIEJX - Expense Ratio Comparison
Both PRRIX and OIEJX have an expense ratio of 0.45%.
Dividends
PRRIX vs. OIEJX - Dividend Comparison
PRRIX's dividend yield for the trailing twelve months is around 4.47%, less than OIEJX's 9.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OIEJX JPMorgan Equity Income Fund R6 | 9.54% | 11.06% | 14.67% | 3.01% | 3.93% | 3.57% | 2.04% | 3.01% | 5.37% | 2.70% | 2.71% | 3.03% |
PRRIX PIMCO Real Return Fund | 4.47% | 3.92% | 3.17% | 2.83% | 7.38% | 5.12% | 2.62% | 1.91% | 2.70% | 2.57% | 1.10% | 0.99% |
Frequently Asked Questions
PRRIX and OIEJX have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OIEJX has higher volatility (2.76%) compared to PRRIX (0.84%). In terms of maximum drawdown, PRRIX dropped -19.25% vs OIEJX's -36.88%.
OIEJX currently has the higher Sharpe Ratio (2.25 vs 0.62), 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.
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