PRRSX vs. VWENX

Last updated Jun 24, 2026

PRRSX (PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund) and VWENX (Vanguard Wellington Fund Admiral Shares) are both mutual funds - PRRSX is a REIT fund managed by PIMCO, while VWENX is a Diversified Portfolio fund actively managed by Vanguard. Over the past 10 years, PRRSX returned 6.72%/yr vs 10.41%/yr for VWENX. A 0.61 correlation means they provide meaningful diversification when combined. PRRSX charges 0.79%/yr vs 0.16%/yr for VWENX.

Performance

PRRSX vs. VWENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX) and Vanguard Wellington Fund Admiral Shares (VWENX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRRSX achieves a 15.21% return, which is significantly higher than VWENX's 6.13% return. Over the past 10 years, PRRSX has underperformed VWENX with an annualized return of 6.72%, while VWENX has yielded a comparatively higher 10.41% annualized return.

PRRSX

• 1D: 1.18%
• 1M: 0.19%
• YTD: 15.21%
• 6M: 15.21%
• 1Y: 17.66%
• 3Y*: 13.21%
• 5Y*: 4.11%
• 10Y*: 6.72%

VWENX

• 1D: -0.41%
• 1M: 0.39%
• YTD: 6.13%
• 6M: 5.53%
• 1Y: 18.65%
• 3Y*: 15.16%
• 5Y*: 8.72%
• 10Y*: 10.41%

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

PRRSX vs. VWENX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRRSX PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund	15.21%	5.21%	5.11%	12.30%	-29.37%	53.74%	-3.80%	29.61%	-6.42%	4.32%
VWENX Vanguard Wellington Fund Admiral Shares	6.13%	16.63%	14.82%	14.40%	-14.31%	19.09%	10.66%	22.61%	-3.35%	14.05%

Correlation

The correlation between PRRSX and VWENX is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Oct 31, 2003	0.61

Over the past year, the correlation between PRRSX and VWENX has dropped to 0.30 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

PRRSX vs. VWENX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRRSX

PRRSX Risk / Return Rank: 28
PRRSX Sharpe Ratio Rank: 24
PRRSX Sortino Ratio Rank: 21
PRRSX Omega Ratio Rank: 23
PRRSX Calmar Ratio Rank: 36
PRRSX Martin Ratio Rank: 35

VWENX

VWENX Risk / Return Rank: 65
VWENX Sharpe Ratio Rank: 66
VWENX Sortino Ratio Rank: 63
VWENX Omega Ratio Rank: 64
VWENX Calmar Ratio Rank: 62
VWENX Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRRSX vs. VWENX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.

	PRRSX	VWENX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	2.18	-0.87
Sortino ratio: Return per unit of downside risk	1.78	3.03	-1.25
Omega ratio: Gain probability vs. loss probability	1.23	1.40	-0.17
Calmar ratio: Return relative to maximum drawdown	2.15	2.88	-0.73
Martin ratio: Return relative to average drawdown	7.33	12.97	-5.64

PRRSX vs. VWENX - Sharpe Ratio Comparison

The current PRRSX Sharpe Ratio is 1.30, which is lower than the VWENX Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of PRRSX and VWENX, 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

PRRSX vs. VWENX - Drawdown Comparison

The maximum PRRSX drawdown since its inception was -77.82%, which is greater than VWENX's maximum drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for PRRSX and VWENX.

Drawdown Indicators

	PRRSX	VWENX	Difference
Max Drawdown Largest peak-to-trough decline	-77.82%	-36.02%	-41.80%
Max Drawdown (1Y) Largest decline over 1 year	-9.05%	-6.77%	-2.28%
Max Drawdown (3Y) Largest decline over 3 years	-17.77%	-11.98%	-5.79%
Max Drawdown (5Y) Largest decline over 5 years	-37.14%	-20.84%	-16.30%
Max Drawdown (10Y) Largest decline over 10 years	-45.75%	-25.33%	-20.42%
Current Drawdown Current decline from peak	-2.10%	-0.95%	-1.15%
Average Drawdown Average peak-to-trough decline	-13.06%	-4.35%	-8.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.64%	1.50%	+1.14%

Volatility

PRRSX vs. VWENX - Volatility Comparison

PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund (PRRSX) has a higher volatility of 5.54% compared to Vanguard Wellington Fund Admiral Shares (VWENX) at 3.58%. This indicates that PRRSX's price experiences larger fluctuations and is considered to be riskier than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRRSX	VWENX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	3.58%	+1.96%
Volatility (6M) Calculated over the trailing 6-month period	10.96%	7.33%	+3.63%
Volatility (1Y) Calculated over the trailing 1-year period	14.96%	8.98%	+5.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.25%	11.22%	+9.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.91%	11.57%	+10.34%

PRRSX vs. VWENX - Expense Ratio Comparison

PRRSX has a 0.79% expense ratio, which is higher than VWENX's 0.16% expense ratio.

Dividends

PRRSX vs. VWENX - Dividend Comparison

PRRSX's dividend yield for the trailing twelve months is around 1.49%, less than VWENX's 10.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PRRSX PIMCO Variable Insurance Trust Real Estate Real Return Strategy Fund	1.49%	2.19%	0.61%	0.00%	18.62%	34.01%	7.21%	7.99%	0.81%	1.67%	0.66%	8.38%
VWENX Vanguard Wellington Fund Admiral Shares	10.99%	11.55%	10.85%	6.08%	8.28%	8.72%	7.85%	4.74%	9.58%	5.88%	4.53%	6.58%

Frequently Asked Questions

Can I hold both PRRSX and VWENX in my portfolio?

PRRSX and VWENX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRRSX or VWENX?

PRRSX has higher volatility (5.54%) compared to VWENX (3.58%). In terms of maximum drawdown, PRRSX dropped -77.82% vs VWENX's -36.02%.

Which has better risk-adjusted returns?

VWENX currently has the higher Sharpe Ratio (2.18 vs 1.30), 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.