PTLDX vs. MOAT

Last updated Jun 4, 2026

PTLDX (PIMCO Low Duration Fund) and MOAT (VanEck Morningstar Wide Moat ETF) are both funds - PTLDX is a Short-Term Bond fund managed by PIMCO, while MOAT is a Large Cap Blend Equities fund tracking the Morningstar Wide Moat Focus Index. Over the past 10 years, PTLDX returned 2.05%/yr vs 13.40%/yr for MOAT. At a 0.06 correlation, their price movements are largely independent. PTLDX charges 0.46%/yr vs 0.47%/yr for MOAT.

Performance

PTLDX vs. MOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Low Duration Fund (PTLDX) and VanEck Morningstar Wide Moat ETF (MOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTLDX achieves a 0.40% return, which is significantly higher than MOAT's -0.07% return. Over the past 10 years, PTLDX has underperformed MOAT with an annualized return of 2.05%, while MOAT has yielded a comparatively higher 13.40% annualized return.

PTLDX

• 1D: -0.11%
• 1M: 0.15%
• YTD: 0.40%
• 6M: 0.87%
• 1Y: 3.82%
• 3Y*: 4.91%
• 5Y*: 1.82%
• 10Y*: 2.05%

MOAT

• 1D: 0.88%
• 1M: 3.57%
• YTD: -0.07%
• 6M: -0.05%
• 1Y: 15.51%
• 3Y*: 11.79%
• 5Y*: 8.20%
• 10Y*: 13.40%

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

PTLDX vs. MOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTLDX PIMCO Low Duration Fund	0.40%	5.58%	4.85%	5.32%	-5.69%	-0.70%	3.42%	4.49%	0.52%	1.84%
MOAT VanEck Morningstar Wide Moat ETF	-0.07%	13.20%	10.73%	31.89%	-13.66%	24.12%	14.84%	34.79%	-1.28%	23.18%

Correlation

The correlation between PTLDX and MOAT is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.22
Correlation (3Y) Calculated over the trailing 3-year period	0.16
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (10Y) Calculated over the trailing 10-year period	0.05
Correlation (All Time) Calculated using the full available price history since Apr 26, 2012	0.06

The correlation between PTLDX and MOAT shifts across timeframes, from 0.05 (10 years) to 0.22 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

PTLDX vs. MOAT — Risk / Return Rank

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

PTLDX

PTLDX Risk / Return Rank: 49
PTLDX Sharpe Ratio Rank: 38
PTLDX Sortino Ratio Rank: 57
PTLDX Omega Ratio Rank: 63
PTLDX Calmar Ratio Rank: 40
PTLDX Martin Ratio Rank: 46

MOAT

MOAT Risk / Return Rank: 30
MOAT Sharpe Ratio Rank: 32
MOAT Sortino Ratio Rank: 32
MOAT Omega Ratio Rank: 29
MOAT Calmar Ratio Rank: 27
MOAT Martin Ratio Rank: 28

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.

PTLDX vs. MOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Low Duration Fund (PTLDX) and VanEck Morningstar Wide Moat ETF (MOAT). 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.

	PTLDX	MOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.79	1.12	+0.67
Sortino ratio: Return per unit of downside risk	3.18	1.69	+1.49
Omega ratio: Gain probability vs. loss probability	1.45	1.19	+0.25
Calmar ratio: Return relative to maximum drawdown	2.41	1.25	+1.15
Martin ratio: Return relative to average drawdown	9.55	3.90	+5.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PTLDX vs. MOAT - Sharpe Ratio Comparison

The current PTLDX Sharpe Ratio is 1.79, which is higher than the MOAT Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of PTLDX and MOAT, 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

	PTLDX	MOAT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.79	1.12	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.45	+0.29
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	0.72	+0.26
Sharpe Ratio (All Time) Calculated using the full available price history	1.45	0.78	+0.67

Drawdowns

PTLDX vs. MOAT - Drawdown Comparison

The maximum PTLDX drawdown since its inception was -8.21%, smaller than the maximum MOAT drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for PTLDX and MOAT.

Drawdown Indicators

	PTLDX	MOAT	Difference
Max Drawdown Largest peak-to-trough decline	-8.21%	-33.31%	+25.10%
Max Drawdown (1Y) Largest decline over 1 year	-1.60%	-12.43%	+10.83%
Max Drawdown (3Y) Largest decline over 3 years	-1.60%	-21.44%	+19.84%
Max Drawdown (5Y) Largest decline over 5 years	-8.21%	-23.96%	+15.75%
Max Drawdown (10Y) Largest decline over 10 years	-8.21%	-33.31%	+25.10%
Current Drawdown Current decline from peak	-0.35%	-3.88%	+3.53%
Average Drawdown Average peak-to-trough decline	-0.76%	-3.83%	+3.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.40%	3.98%	-3.58%

Volatility

PTLDX vs. MOAT - Volatility Comparison

The current volatility for PIMCO Low Duration Fund (PTLDX) is 0.63%, while VanEck Morningstar Wide Moat ETF (MOAT) has a volatility of 3.86%. This indicates that PTLDX experiences smaller price fluctuations and is considered to be less risky than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PTLDX	MOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.63%	3.86%	-3.23%
Volatility (6M) Calculated over the trailing 6-month period	1.57%	9.88%	-8.31%
Volatility (1Y) Calculated over the trailing 1-year period	2.15%	13.85%	-11.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.49%	18.18%	-15.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.10%	18.68%	-16.58%

PTLDX vs. MOAT - Expense Ratio Comparison

PTLDX has a 0.46% expense ratio, which is lower than MOAT's 0.47% expense ratio.

Dividends

PTLDX vs. MOAT - Dividend Comparison

PTLDX's dividend yield for the trailing twelve months is around 4.21%, more than MOAT's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MOAT VanEck Morningstar Wide Moat ETF	1.36%	1.36%	1.37%	0.86%	1.25%	1.08%	1.46%	1.31%	1.79%	1.07%	1.17%	2.13%
PTLDX PIMCO Low Duration Fund	4.21%	4.22%	4.16%	4.04%	1.57%	0.83%	1.83%	3.35%	2.16%	1.72%	2.00%	2.51%

Frequently Asked Questions

Can I hold both PTLDX and MOAT in my portfolio?

PTLDX and MOAT have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PTLDX or MOAT?

MOAT has higher volatility (3.86%) compared to PTLDX (0.63%). In terms of maximum drawdown, PTLDX dropped -8.21% vs MOAT's -33.31%.

Which has better risk-adjusted returns?

PTLDX currently has the higher Sharpe Ratio (1.79 vs 1.12), 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.