PTIAX vs. PIMIX
Compare and contrast key facts about Performance Trust Strategic Bond Fund (PTIAX) and PIMCO Income Fund Institutional Class (PIMIX).
PTIAX is managed by Performance Trust Asset Management. It was launched on Aug 31, 2010. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTIAX or PIMIX.
Key characteristics
| PTIAX | PIMIX | |
|---|---|---|
| YTD Return | 3.71% | 4.75% |
| 1Y Return | 10.18% | 10.65% |
| 3Y Return (Ann) | -0.87% | 1.94% |
| 5Y Return (Ann) | 0.89% | 3.15% |
| 10Y Return (Ann) | 2.96% | 4.20% |
| Sharpe Ratio | 1.91 | 2.39 |
| Sortino Ratio | 2.76 | 3.69 |
| Omega Ratio | 1.34 | 1.48 |
| Calmar Ratio | 0.81 | 2.31 |
| Martin Ratio | 8.34 | 12.61 |
| Ulcer Index | 1.22% | 0.84% |
| Daily Std Dev | 5.33% | 4.46% |
| Max Drawdown | -16.42% | -13.39% |
| Current Drawdown | -3.71% | -1.80% |
Correlation
The correlation between PTIAX and PIMIX is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PTIAX vs. PIMIX - Performance Comparison
In the year-to-date period, PTIAX achieves a 3.71% return, which is significantly lower than PIMIX's 4.75% return. Over the past 10 years, PTIAX has underperformed PIMIX with an annualized return of 2.96%, while PIMIX has yielded a comparatively higher 4.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTIAX vs. PIMIX - Expense Ratio Comparison
PTIAX has a 0.76% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
PTIAX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Performance Trust Strategic Bond Fund (PTIAX) and PIMCO Income Fund Institutional Class (PIMIX). 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
PTIAX vs. PIMIX - Dividend Comparison
PTIAX's dividend yield for the trailing twelve months is around 4.37%, less than PIMIX's 6.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTIAX Performance Trust Strategic Bond Fund | 4.37% | 4.03% | 3.96% | 3.26% | 3.86% | 4.12% | 4.47% | 5.51% | 5.49% | 4.87% | 4.54% | 4.20% |
PIMIX PIMCO Income Fund Institutional Class | 6.25% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% | 5.46% |
Drawdowns
PTIAX vs. PIMIX - Drawdown Comparison
The maximum PTIAX drawdown since its inception was -16.42%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PTIAX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
PTIAX vs. PIMIX - Volatility Comparison
Performance Trust Strategic Bond Fund (PTIAX) has a higher volatility of 1.74% compared to PIMCO Income Fund Institutional Class (PIMIX) at 1.11%. This indicates that PTIAX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.