PTRIX vs. CMGIX

Last updated Jun 3, 2026

PTRIX (PIMCO Mortgage-Backed Securities Fund) and CMGIX (BlackRock Mid-Cap Growth Equity Portfolio) are both mutual funds - PTRIX is a Intermediate Core-Plus Bond fund managed by PIMCO, while CMGIX is a Mid Cap Growth Equities fund managed by BlackRock. At a correlation of -0.07, they often move in opposite directions. PTRIX charges 0.50%/yr vs 0.80%/yr for CMGIX.

Performance

PTRIX vs. CMGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Mortgage-Backed Securities Fund (PTRIX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTRIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CMGIX

• 1D: 0.48%
• 1M: 5.36%
• YTD: 10.04%
• 6M: 9.66%
• 1Y: 10.35%
• 3Y*: 12.34%
• 5Y*: 2.06%
• 10Y*: 12.60%

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

PTRIX vs. CMGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTRIX PIMCO Mortgage-Backed Securities Fund	0.00%	0.00%	5.87%	5.25%	-14.13%	1.04%	5.30%	6.44%	1.35%	4.38%
CMGIX BlackRock Mid-Cap Growth Equity Portfolio	10.04%	0.49%	12.44%	28.24%	-37.36%	14.51%	46.13%	36.19%	2.88%	34.59%

Correlation

The correlation between PTRIX and CMGIX is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.17
Correlation (5Y) Calculated over the trailing 5-year period	0.18
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jan 5, 1998	-0.07

The correlation between PTRIX and CMGIX shifts across timeframes, from -0.07 (all time) to 0.18 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

PTRIX vs. CMGIX — Risk / Return Rank

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

CMGIX

CMGIX Risk / Return Rank: 7
CMGIX Sharpe Ratio Rank: 6
CMGIX Sortino Ratio Rank: 7
CMGIX Omega Ratio Rank: 6
CMGIX Calmar Ratio Rank: 8
CMGIX Martin Ratio Rank: 8

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.

PTRIX vs. CMGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Mortgage-Backed Securities Fund (PTRIX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PTRIX	CMGIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.53	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Drawdowns

Drawdown Indicators

	PTRIX	CMGIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-73.85%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-29.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-45.96%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.96%	—
Current Drawdown Current decline from peak	—	-6.69%	—
Average Drawdown Average peak-to-trough decline	—	-28.66%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.78%	—

Volatility

Volatility by Period

	PTRIX	CMGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	17.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.07%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	25.05%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	23.45%	—

PTRIX vs. CMGIX - Expense Ratio Comparison

PTRIX has a 0.50% expense ratio, which is lower than CMGIX's 0.80% expense ratio.

Dividends

PTRIX vs. CMGIX - Dividend Comparison

PTRIX has not paid dividends to shareholders, while CMGIX's dividend yield for the trailing twelve months is around 19.27%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CMGIX BlackRock Mid-Cap Growth Equity Portfolio	19.27%	21.20%	0.00%	0.00%	0.00%	4.94%	0.00%	0.39%	4.72%	3.31%	0.00%	2.57%
PTRIX PIMCO Mortgage-Backed Securities Fund	0.00%	0.00%	4.07%	5.32%	3.82%	3.02%	2.89%	3.73%	3.54%	3.04%	3.18%	2.43%

Frequently Asked Questions

Can I hold both PTRIX and CMGIX in my portfolio?

PTRIX and CMGIX have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.