PTRIX vs. FUTY

Last updated Jun 3, 2026

PTRIX (PIMCO Mortgage-Backed Securities Fund) and FUTY (Fidelity MSCI Utilities Index ETF) are both funds - PTRIX is a Intermediate Core-Plus Bond fund managed by PIMCO, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. At a 0.19 correlation, their price movements are largely independent. PTRIX charges 0.50%/yr vs 0.08%/yr for FUTY.

Performance

PTRIX vs. FUTY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Mortgage-Backed Securities Fund (PTRIX) and Fidelity MSCI Utilities Index ETF (FUTY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTRIX

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

FUTY

• 1D: 1.99%
• 1M: -5.15%
• YTD: 3.78%
• 6M: 1.50%
• 1Y: 10.45%
• 3Y*: 13.84%
• 5Y*: 9.22%
• 10Y*: 9.09%

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

PTRIX vs. FUTY - 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%
FUTY Fidelity MSCI Utilities Index ETF	3.78%	16.40%	23.20%	-7.46%	1.12%	17.53%	-0.80%	24.89%	4.36%	12.52%

Correlation

The correlation between PTRIX and FUTY is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.20
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.21
Correlation (All Time) Calculated using the full available price history since Oct 25, 2013	0.19

Return for Risk

PTRIX vs. FUTY — Risk / Return Rank

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

FUTY

FUTY Risk / Return Rank: 22
FUTY Sharpe Ratio Rank: 22
FUTY Sortino Ratio Rank: 20
FUTY Omega Ratio Rank: 21
FUTY Calmar Ratio Rank: 25
FUTY Martin Ratio Rank: 22

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. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Mortgage-Backed Securities Fund (PTRIX) and Fidelity MSCI Utilities Index ETF (FUTY). 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	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.73	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.55	—

Drawdowns

Drawdown Indicators

	PTRIX	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	—	-36.44%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.93%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-17.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	—	-6.72%	—
Average Drawdown Average peak-to-trough decline	—	-6.03%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.95%	—

Volatility

Volatility by Period

	PTRIX	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.32%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.08%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	19.05%	—

PTRIX vs. FUTY - Expense Ratio Comparison

PTRIX has a 0.50% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

PTRIX vs. FUTY - Dividend Comparison

PTRIX has not paid dividends to shareholders, while FUTY's dividend yield for the trailing twelve months is around 2.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUTY Fidelity MSCI Utilities Index ETF	2.60%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%
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 FUTY in my portfolio?

PTRIX and FUTY have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.