PSTIX vs. PTTRX

Last updated Aug 4, 2026

PSTIX (PIMCO StocksPLUS Short Fund) and PTTRX (PIMCO Total Return Fund Institutional Class) are both mutual funds - PSTIX is a Inverse Equities fund managed by PIMCO, while PTTRX is a Intermediate Core-Plus Bond fund actively managed by PIMCO. Over the past 10 years, PSTIX returned -10.03%/yr vs 2.02%/yr for PTTRX. Their 0.17 correlation means their historical movements had little consistent relationship. PSTIX charges 0.64%/yr vs 0.53%/yr for PTTRX.

Performance

PSTIX vs. PTTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO StocksPLUS Short Fund (PSTIX) and PIMCO Total Return Fund Institutional Class (PTTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSTIX achieves a -6.03% return, which is significantly lower than PTTRX's -0.80% return. Over the past 10 years, PSTIX has underperformed PTTRX with an annualized return of -10.03%, while PTTRX has yielded a comparatively higher 2.02% annualized return.

PSTIX

• 1D: -0.81%
• 1M: -0.16%
• 6M: -4.72%
• YTD: -6.03%
• 1Y: -10.91%
• 3Y*: -8.58%
• 5Y*: -6.03%
• 10Y*: -10.03%
• ALL TIME*: -7.73%

PTTRX

• 1D: -0.35%
• 1M: -1.72%
• 6M: -1.03%
• YTD: -0.80%
• 1Y: 2.83%
• 3Y*: 5.12%
• 5Y*: 0.07%
• 10Y*: 2.02%
• ALL TIME*: 5.52%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PSTIX PIMCO StocksPLUS Short Fund	$0.00	$0.00	$0.00
PTTRX PIMCO Total Return Fund Institutional Class	$0.00	$0.00	$0.00

PSTIX vs. PTTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSTIX PIMCO StocksPLUS Short Fund	-6.03%	-8.24%	-11.28%	-11.01%	17.41%	-21.89%	-20.83%	-20.27%	5.21%	-14.04%
PTTRX PIMCO Total Return Fund Institutional Class	-0.80%	9.35%	2.62%	6.33%	-14.72%	-0.59%	8.88%	8.36%	-0.24%	5.13%

Correlation

The correlation between PSTIX and PTTRX is -0.30, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.30
Correlation (3Y) Balances recent behavior with more history.	-0.20
Correlation (5Y) Shows whether the relationship held over a longer period.	-0.15
Correlation (10Y) Provides a long-term view across more market conditions.	0.01
Correlation (All Time) Calculated using the full available price history since Jan 2, 2004	0.17

The correlation between PSTIX and PTTRX shifts across timeframes, from -0.30 (1 year) to 0.17 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PSTIX vs. PTTRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSTIX

PSTIX Risk / Return Rank: 1
PSTIX Sharpe Ratio Rank: 1
PSTIX Sortino Ratio Rank: 1
PSTIX Omega Ratio Rank: 1
PSTIX Calmar Ratio Rank: 1
PSTIX Martin Ratio Rank: 1

PTTRX

PTTRX Risk / Return Rank: 20
PTTRX Sharpe Ratio Rank: 21
PTTRX Sortino Ratio Rank: 20
PTTRX Omega Ratio Rank: 20
PTTRX Calmar Ratio Rank: 20
PTTRX Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSTIX vs. PTTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO StocksPLUS Short Fund (PSTIX) and PIMCO Total Return Fund Institutional Class (PTTRX). 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.

	PSTIX	PTTRX	Difference
Sharpe ratio: Return per unit of total volatility	-0.73	0.83	-1.56
Sortino ratio: Return per unit of downside risk	-1.00	1.22	-2.22
Omega ratio: Gain probability vs. loss probability	0.89	1.15	-0.26
Calmar ratio: Return relative to maximum drawdown	-0.61	1.03	-1.64
Martin ratio: Return relative to average drawdown	-1.13	2.72	-3.86

PSTIX vs. PTTRX - Sharpe Ratio Comparison

The current PSTIX Sharpe Ratio is -0.73, which is lower than the PTTRX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of PSTIX and PTTRX, 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

PSTIX vs. PTTRX - Drawdown Comparison

The maximum PSTIX drawdown since its inception was -90.52%, which is greater than PTTRX's maximum drawdown of -19.28%. Use the drawdown chart below to compare losses from any high point for PSTIX and PTTRX.

Drawdown Indicators

	PSTIX	PTTRX	Difference
Max Drawdown Largest peak-to-trough decline	-90.52%	-19.28%	-71.24%
Max Drawdown (1Y) Largest decline over 1 year	-15.05%	-3.69%	-11.36%
Max Drawdown (3Y) Largest decline over 3 years	-33.92%	-5.36%	-28.56%
Max Drawdown (5Y) Largest decline over 5 years	-37.53%	-19.25%	-18.28%
Max Drawdown (10Y) Largest decline over 10 years	-67.42%	-19.28%	-48.14%
Current Drawdown Current decline from peak	-90.31%	-2.90%	-87.41%
Average Drawdown Average peak-to-trough decline	-57.41%	-2.19%	-55.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.03%	1.39%	+6.64%

Volatility

PSTIX vs. PTTRX - Volatility Comparison

PIMCO StocksPLUS Short Fund (PSTIX) has a higher volatility of 3.30% compared to PIMCO Total Return Fund Institutional Class (PTTRX) at 1.24%. This indicates that PSTIX's price experiences larger fluctuations and is considered to be riskier than PTTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSTIX	PTTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	1.24%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	9.66%	3.78%	+5.88%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	4.59%	+7.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.56%	6.29%	+10.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.50%	5.24%	+12.26%

PSTIX vs. PTTRX - Expense Ratio Comparison

PSTIX has a 0.64% expense ratio, which is higher than PTTRX's 0.53% expense ratio.

Dividends

PSTIX vs. PTTRX - Dividend Comparison

PSTIX's dividend yield for the trailing twelve months is around 0.90%, less than PTTRX's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSTIX PIMCO StocksPLUS Short Fund	0.90%	0.00%	0.00%	4.09%	1.16%	0.68%	5.06%	1.23%	1.26%	1.68%	0.00%	3.57%
PTTRX PIMCO Total Return Fund Institutional Class	4.28%	4.47%	4.61%	3.81%	3.63%	2.59%	6.11%	3.96%	3.13%	2.63%	3.02%	6.64%

Frequently Asked Questions

Can I hold both PSTIX and PTTRX in my portfolio?

PSTIX and PTTRX 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, PSTIX or PTTRX?

PSTIX has higher volatility (3.30%) compared to PTTRX (1.24%). In terms of maximum drawdown, PSTIX dropped -90.52% vs PTTRX's -19.28%.

Which has better risk-adjusted returns?

PTTRX currently has the higher Sharpe Ratio (0.83 vs -0.73), 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.