PTCIX vs. IGLB
Compare and contrast key facts about PIMCO Long-Term Credit Bond Fund (PTCIX) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB).
PTCIX is managed by PIMCO. It was launched on Mar 30, 2009. IGLB is a passively managed fund by iShares that tracks the performance of the ICE BofAML10+ Year US Corporate Index. It was launched on Dec 8, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTCIX or IGLB.
Correlation
The correlation between PTCIX and IGLB is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
PTCIX vs. IGLB - Performance Comparison
Key characteristics
PTCIX:
0.54
IGLB:
0.41
PTCIX:
0.82
IGLB:
0.63
PTCIX:
1.10
IGLB:
1.07
PTCIX:
0.18
IGLB:
0.16
PTCIX:
1.39
IGLB:
1.05
PTCIX:
3.76%
IGLB:
3.84%
PTCIX:
9.78%
IGLB:
9.99%
PTCIX:
-37.33%
IGLB:
-34.12%
PTCIX:
-22.93%
IGLB:
-19.09%
Returns By Period
In the year-to-date period, PTCIX achieves a 1.54% return, which is significantly lower than IGLB's 1.66% return. Over the past 10 years, PTCIX has underperformed IGLB with an annualized return of 1.02%, while IGLB has yielded a comparatively higher 1.97% annualized return.
PTCIX
1.54%
1.30%
-2.29%
5.48%
-3.96%
1.02%
IGLB
1.66%
0.84%
-2.87%
4.02%
-2.59%
1.97%
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PTCIX vs. IGLB - Expense Ratio Comparison
PTCIX has a 0.55% expense ratio, which is higher than IGLB's 0.06% expense ratio.
Risk-Adjusted Performance
PTCIX vs. IGLB — Risk-Adjusted Performance Rank
PTCIX
IGLB
PTCIX vs. IGLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Long-Term Credit Bond Fund (PTCIX) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB). 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.
Dividends
PTCIX vs. IGLB - Dividend Comparison
PTCIX's dividend yield for the trailing twelve months is around 5.28%, more than IGLB's 5.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTCIX PIMCO Long-Term Credit Bond Fund | 5.28% | 5.23% | 4.55% | 5.51% | 4.64% | 4.31% | 4.47% | 5.18% | 4.84% | 5.76% | 7.45% | 5.96% |
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.06% | 5.11% | 4.59% | 4.56% | 3.16% | 3.23% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% | 4.12% |
Drawdowns
PTCIX vs. IGLB - Drawdown Comparison
The maximum PTCIX drawdown since its inception was -37.33%, which is greater than IGLB's maximum drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for PTCIX and IGLB. For additional features, visit the drawdowns tool.
Volatility
PTCIX vs. IGLB - Volatility Comparison
PIMCO Long-Term Credit Bond Fund (PTCIX) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) have volatilities of 2.70% and 2.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.