PSAIX vs. VTABX
PSAIX (PIMCO Global Advantage Strategy Bond Fund) and VTABX (Vanguard Total International Bond Index Fund Admiral Shares) are both Global Bonds funds. Over the past 10 years, PSAIX returned 3.52%/yr vs 1.83%/yr for VTABX. A 0.52 correlation means they provide meaningful diversification when combined. PSAIX charges 0.65%/yr vs 0.10%/yr for VTABX.
Performance
PSAIX vs. VTABX - Performance Comparison
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Returns By Period
In the year-to-date period, PSAIX achieves a 0.71% return, which is significantly lower than VTABX's 1.08% return. Over the past 10 years, PSAIX has outperformed VTABX with an annualized return of 3.52%, while VTABX has yielded a comparatively lower 1.83% annualized return.
PSAIX
- 1D
- 0.00%
- 1M
- 1.35%
- YTD
- 0.71%
- 6M
- 1.50%
- 1Y
- 5.90%
- 3Y*
- 6.10%
- 5Y*
- 2.04%
- 10Y*
- 3.52%
VTABX
- 1D
- 0.00%
- 1M
- 1.07%
- YTD
- 1.08%
- 6M
- 1.45%
- 1Y
- 2.37%
- 3Y*
- 4.40%
- 5Y*
- 0.45%
- 10Y*
- 1.83%
PSAIX vs. VTABX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PSAIX PIMCO Global Advantage Strategy Bond Fund | 0.71% | 8.87% | 3.21% | 7.91% | -11.07% | 1.11% | 7.76% | 8.94% | -0.60% | 7.86% |
VTABX Vanguard Total International Bond Index Fund Admiral Shares | 1.08% | 2.96% | 3.92% | 8.77% | -12.92% | -2.22% | 4.54% | 8.83% | 2.97% | 2.39% |
Correlation
The correlation between PSAIX and VTABX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.71 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Jun 4, 2013 | 0.52 |
Over the past year, PSAIX and VTABX have become more correlated (0.76) than their long-term average of 0.52, meaning their price movements have been converging.
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Return for Risk
PSAIX vs. VTABX — Risk / Return Rank
PSAIX
VTABX
PSAIX vs. VTABX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Global Advantage Strategy Bond Fund (PSAIX) and Vanguard Total International Bond Index Fund Admiral Shares (VTABX). 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.
| PSAIX | VTABX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.14 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.27 | 0.80 | +0.47 |
| Martin ratioReturn relative to average drawdown | 4.09 | 2.18 | +1.91 |
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Drawdowns
PSAIX vs. VTABX - Drawdown Comparison
The maximum PSAIX drawdown since its inception was -15.35%, smaller than the maximum VTABX drawdown of -16.16%. Use the drawdown chart below to compare losses from any high point for PSAIX and VTABX.
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Drawdown Indicators
| PSAIX | VTABX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.35% | -16.16% | +0.81% |
Max Drawdown (1Y)Largest decline over 1 year | -4.61% | -2.90% | -1.71% |
Max Drawdown (3Y)Largest decline over 3 years | -4.61% | -2.90% | -1.71% |
Max Drawdown (5Y)Largest decline over 5 years | -15.35% | -15.81% | +0.46% |
Max Drawdown (10Y)Largest decline over 10 years | -15.35% | -16.16% | +0.81% |
Current DrawdownCurrent decline from peak | -1.40% | -0.79% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -3.04% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.07% | +0.35% |
Volatility
PSAIX vs. VTABX - Volatility Comparison
PIMCO Global Advantage Strategy Bond Fund (PSAIX) has a higher volatility of 1.37% compared to Vanguard Total International Bond Index Fund Admiral Shares (VTABX) at 1.01%. This indicates that PSAIX's price experiences larger fluctuations and is considered to be riskier than VTABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PSAIX | VTABX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 1.01% | +0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 3.84% | 2.62% | +1.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.32% | 3.07% | +1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.99% | 4.45% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.67% | 3.62% | +0.05% |
PSAIX vs. VTABX - Expense Ratio Comparison
PSAIX has a 0.65% expense ratio, which is higher than VTABX's 0.10% expense ratio.
Dividends
PSAIX vs. VTABX - Dividend Comparison
PSAIX's dividend yield for the trailing twelve months is around 4.27%, less than VTABX's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSAIX PIMCO Global Advantage Strategy Bond Fund | 4.27% | 4.22% | 3.66% | 3.14% | 4.10% | 4.61% | 2.20% | 2.79% | 2.43% | 1.83% | 2.03% | 2.52% |
VTABX Vanguard Total International Bond Index Fund Admiral Shares | 4.44% | 4.36% | 4.33% | 4.39% | 1.48% | 3.70% | 1.08% | 4.28% | 3.00% | 2.23% | 1.80% | 1.64% |
Frequently Asked Questions
PSAIX and VTABX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PSAIX has higher volatility (1.37%) compared to VTABX (1.01%). In terms of maximum drawdown, PSAIX dropped -15.35% vs VTABX's -16.16%.
PSAIX currently has the higher Sharpe Ratio (1.35 vs 0.76), 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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