PSPTX vs. PSLDX

Last updated Jun 4, 2026

PSPTX (PIMCO StocksPLUS Absolute Return Fund) and PSLDX (PIMCO StocksPLUS Long Duration Fund Class I) are both mutual funds - PSPTX is a Large Cap Blend Equities fund managed by PIMCO, while PSLDX is a Diversified Portfolio fund managed by PIMCO. Over the past 10 years, PSPTX returned 15.71%/yr vs 14.66%/yr for PSLDX. Their correlation of 0.81 suggests significant overlap in exposure. PSPTX charges 0.65%/yr vs 0.61%/yr for PSLDX.

Performance

PSPTX vs. PSLDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO StocksPLUS Absolute Return Fund (PSPTX) and PIMCO StocksPLUS Long Duration Fund Class I (PSLDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSPTX achieves a 11.02% return, which is significantly higher than PSLDX's 10.35% return. Over the past 10 years, PSPTX has outperformed PSLDX with an annualized return of 15.71%, while PSLDX has yielded a comparatively lower 14.66% annualized return.

PSPTX

• 1D: 0.21%
• 1M: 6.17%
• YTD: 11.02%
• 6M: 7.47%
• 1Y: 26.42%
• 3Y*: 22.40%
• 5Y*: 12.72%
• 10Y*: 15.71%

PSLDX

• 1D: 0.32%
• 1M: 7.19%
• YTD: 10.35%
• 6M: 9.08%
• 1Y: 33.67%
• 3Y*: 19.60%
• 5Y*: 6.18%
• 10Y*: 14.66%

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

PSPTX vs. PSLDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSPTX PIMCO StocksPLUS Absolute Return Fund	11.02%	16.07%	25.78%	26.92%	-22.08%	27.99%	18.86%	36.66%	-5.65%	23.90%
PSLDX PIMCO StocksPLUS Long Duration Fund Class I	10.35%	20.34%	15.41%	27.93%	-43.18%	25.85%	37.80%	60.43%	-9.31%	33.07%

Correlation

The correlation between PSPTX and PSLDX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Sep 5, 2007	0.81

The correlation between PSPTX and PSLDX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

PSPTX vs. PSLDX — Risk / Return Rank

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

PSPTX

PSPTX Risk / Return Rank: 42
PSPTX Sharpe Ratio Rank: 49
PSPTX Sortino Ratio Rank: 42
PSPTX Omega Ratio Rank: 48
PSPTX Calmar Ratio Rank: 33
PSPTX Martin Ratio Rank: 38

PSLDX

PSLDX Risk / Return Rank: 47
PSLDX Sharpe Ratio Rank: 51
PSLDX Sortino Ratio Rank: 46
PSLDX Omega Ratio Rank: 47
PSLDX Calmar Ratio Rank: 44
PSLDX Martin Ratio Rank: 49

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.

PSPTX vs. PSLDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS Absolute Return Fund (PSPTX) and PIMCO StocksPLUS Long Duration Fund Class I (PSLDX). 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.

	PSPTX	PSLDX	Difference
Sharpe ratio Return per unit of total volatility	2.06	2.12	-0.06
Sortino ratio Return per unit of downside risk	2.73	2.82	-0.09
Omega ratio Gain probability vs. loss probability	1.38	1.37	0.00
Calmar ratio Return relative to maximum drawdown	2.16	2.53	-0.36
Martin ratio Return relative to average drawdown	8.24	10.23	-1.99
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSPTX vs. PSLDX - Sharpe Ratio Comparison

The current PSPTX Sharpe Ratio is 2.06, which is comparable to the PSLDX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of PSPTX and PSLDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PSPTX	PSLDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.06	2.12	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.27	+0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.83	0.69	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	0.67	-0.07

Drawdowns

PSPTX vs. PSLDX - Drawdown Comparison

The maximum PSPTX drawdown since its inception was -61.82%, which is greater than PSLDX's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PSPTX and PSLDX.

Drawdown Indicators

	PSPTX	PSLDX	Difference
Max Drawdown Largest peak-to-trough decline	-61.82%	-55.25%	-6.57%
Max Drawdown (1Y) Largest decline over 1 year	-12.70%	-13.70%	+1.00%
Max Drawdown (3Y) Largest decline over 3 years	-19.80%	-24.03%	+4.23%
Max Drawdown (5Y) Largest decline over 5 years	-28.53%	-49.32%	+20.79%
Max Drawdown (10Y) Largest decline over 10 years	-39.47%	-49.32%	+9.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.76%	-10.65%	+3.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.32%	3.38%	-0.06%

Volatility

PSPTX vs. PSLDX - Volatility Comparison

The current volatility for PIMCO StocksPLUS Absolute Return Fund (PSPTX) is 3.35%, while PIMCO StocksPLUS Long Duration Fund Class I (PSLDX) has a volatility of 5.37%. This indicates that PSPTX experiences smaller price fluctuations and is considered to be less risky than PSLDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSPTX	PSLDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.35%	5.37%	-2.02%
Volatility (6M) Calculated over the trailing 6-month period	10.66%	13.18%	-2.52%
Volatility (1Y) Calculated over the trailing 1-year period	13.34%	16.34%	-3.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.75%	22.71%	-4.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.92%	21.32%	-2.40%

PSPTX vs. PSLDX - Expense Ratio Comparison

PSPTX has a 0.65% expense ratio, which is higher than PSLDX's 0.61% expense ratio.

Dividends

PSPTX vs. PSLDX - Dividend Comparison

PSPTX's dividend yield for the trailing twelve months is around 12.08%, more than PSLDX's 9.43% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSLDX PIMCO StocksPLUS Long Duration Fund Class I	9.43%	12.92%	15.23%	3.67%	2.66%	38.80%	12.89%	18.91%	15.58%	24.52%	11.55%	12.08%
PSPTX PIMCO StocksPLUS Absolute Return Fund	12.08%	14.54%	10.60%	2.60%	4.72%	32.14%	4.56%	11.00%	11.46%	17.93%	0.16%	5.71%

Frequently Asked Questions

Can I hold both PSPTX and PSLDX in my portfolio?

PSPTX and PSLDX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSPTX or PSLDX?

PSLDX has higher volatility (5.37%) compared to PSPTX (3.35%). In terms of maximum drawdown, PSPTX dropped -61.82% vs PSLDX's -55.25%.

Which has better risk-adjusted returns?

PSLDX currently has the higher Sharpe Ratio (2.12 vs 2.06), 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.