PSTQX vs. PFIIX

Last updated Jun 3, 2026

PSTQX (PGIM Short-Term Corporate Bond Fund - Class R6) and PFIIX (PIMCO Low Duration Income Fund) are both Short-Term Bond funds. Over the past 10 years, PSTQX returned 2.59%/yr vs 4.86%/yr for PFIIX. At a 0.38 correlation, their price movements are largely independent. PSTQX charges 0.38%/yr vs 0.50%/yr for PFIIX.

Performance

PSTQX vs. PFIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) and PIMCO Low Duration Income Fund (PFIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSTQX achieves a 0.74% return, which is significantly lower than PFIIX's 1.46% return. Over the past 10 years, PSTQX has underperformed PFIIX with an annualized return of 2.59%, while PFIIX has yielded a comparatively higher 4.86% annualized return.

PSTQX

• 1D: -0.09%
• 1M: 0.18%
• YTD: 0.74%
• 6M: 1.09%
• 1Y: 4.76%
• 3Y*: 5.41%
• 5Y*: 2.07%
• 10Y*: 2.59%

PFIIX

• 1D: 0.12%
• 1M: 0.77%
• YTD: 1.46%
• 6M: 1.81%
• 1Y: 7.51%
• 3Y*: 7.59%
• 5Y*: 4.08%
• 10Y*: 4.86%

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

PSTQX vs. PFIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSTQX PGIM Short-Term Corporate Bond Fund - Class R6	0.74%	6.75%	4.89%	5.95%	-6.78%	-0.51%	5.60%	6.77%	0.68%	2.25%
PFIIX PIMCO Low Duration Income Fund	1.46%	9.56%	6.58%	7.78%	-5.29%	2.38%	4.84%	6.72%	1.56%	6.05%

Correlation

The correlation between PSTQX and PFIIX is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.38

Over the past year, PSTQX and PFIIX have become more correlated (0.75) than their long-term average of 0.38, meaning their price movements have been converging.

Return for Risk

PSTQX vs. PFIIX — Risk / Return Rank

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

PSTQX

PSTQX Risk / Return Rank: 61
PSTQX Sharpe Ratio Rank: 50
PSTQX Sortino Ratio Rank: 76
PSTQX Omega Ratio Rank: 66
PSTQX Calmar Ratio Rank: 59
PSTQX Martin Ratio Rank: 53

PFIIX

PFIIX Risk / Return Rank: 86
PFIIX Sharpe Ratio Rank: 86
PFIIX Sortino Ratio Rank: 92
PFIIX Omega Ratio Rank: 92
PFIIX Calmar Ratio Rank: 79
PFIIX Martin Ratio Rank: 81

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.

PSTQX vs. PFIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) and PIMCO Low Duration Income Fund (PFIIX). 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.

	PSTQX	PFIIX	Difference
Sharpe ratio Return per unit of total volatility	2.10	2.79	-0.68
Sortino ratio Return per unit of downside risk	3.64	4.60	-0.96
Omega ratio Gain probability vs. loss probability	1.46	1.68	-0.22
Calmar ratio Return relative to maximum drawdown	2.95	3.57	-0.62
Martin ratio Return relative to average drawdown	10.80	15.28	-4.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSTQX vs. PFIIX - Sharpe Ratio Comparison

The current PSTQX Sharpe Ratio is 2.10, which is comparable to the PFIIX Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of PSTQX and PFIIX, 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

	PSTQX	PFIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.10	2.79	-0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	1.29	-0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	1.54	-0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.92	+0.06

Drawdowns

PSTQX vs. PFIIX - Drawdown Comparison

The maximum PSTQX drawdown since its inception was -10.47%, smaller than the maximum PFIIX drawdown of -28.35%. Use the drawdown chart below to compare losses from any high point for PSTQX and PFIIX.

Drawdown Indicators

	PSTQX	PFIIX	Difference
Max Drawdown Largest peak-to-trough decline	-10.47%	-28.35%	+17.88%
Max Drawdown (1Y) Largest decline over 1 year	-1.74%	-2.16%	+0.42%
Max Drawdown (3Y) Largest decline over 3 years	-1.74%	-2.23%	+0.49%
Max Drawdown (5Y) Largest decline over 5 years	-10.47%	-8.84%	-1.63%
Max Drawdown (10Y) Largest decline over 10 years	-10.47%	-11.72%	+1.25%
Current Drawdown Current decline from peak	-0.40%	0.00%	-0.40%
Average Drawdown Average peak-to-trough decline	-1.32%	-2.60%	+1.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.48%	0.50%	-0.02%

Volatility

PSTQX vs. PFIIX - Volatility Comparison

The current volatility for PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) is 0.74%, while PIMCO Low Duration Income Fund (PFIIX) has a volatility of 1.02%. This indicates that PSTQX experiences smaller price fluctuations and is considered to be less risky than PFIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSTQX	PFIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	1.02%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	1.70%	2.21%	-0.51%
Volatility (1Y) Calculated over the trailing 1-year period	2.23%	2.77%	-0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.94%	3.17%	-0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.68%	3.17%	-0.49%

PSTQX vs. PFIIX - Expense Ratio Comparison

PSTQX has a 0.38% expense ratio, which is lower than PFIIX's 0.50% expense ratio.

Dividends

PSTQX vs. PFIIX - Dividend Comparison

PSTQX's dividend yield for the trailing twelve months is around 4.21%, less than PFIIX's 5.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PFIIX PIMCO Low Duration Income Fund	5.27%	5.49%	5.37%	4.97%	5.35%	3.06%	3.44%	4.74%	3.22%	3.13%	3.75%	5.36%
PSTQX PGIM Short-Term Corporate Bond Fund - Class R6	4.21%	4.08%	3.62%	2.63%	2.31%	2.08%	2.55%	2.95%	2.89%	2.79%	2.74%	2.87%

Frequently Asked Questions

Can I hold both PSTQX and PFIIX in my portfolio?

PSTQX and PFIIX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSTQX or PFIIX?

PFIIX has higher volatility (1.02%) compared to PSTQX (0.74%). In terms of maximum drawdown, PSTQX dropped -10.47% vs PFIIX's -28.35%.

Which has better risk-adjusted returns?

PFIIX currently has the higher Sharpe Ratio (2.79 vs 2.10), 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.