PTRIX vs. PMJIX

Last updated Jun 4, 2026

PTRIX (PIMCO Mortgage-Backed Securities Fund) and PMJIX (PIMCO RAE US Small Fund) are both mutual funds - PTRIX is a Intermediate Core-Plus Bond fund managed by PIMCO, while PMJIX is a Small Cap Value Equities fund managed by PIMCO. At a correlation of -0.06, they often move in opposite directions. Both charge a 0.50% expense ratio.

Performance

PTRIX vs. PMJIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Mortgage-Backed Securities Fund (PTRIX) and PIMCO RAE US Small Fund (PMJIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTRIX

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

PMJIX

• 1D: 1.46%
• 1M: 7.52%
• YTD: 19.26%
• 6M: 16.95%
• 1Y: 36.24%
• 3Y*: 22.47%
• 5Y*: 11.18%
• 10Y*: 13.83%

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

PTRIX vs. PMJIX - 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%
PMJIX PIMCO RAE US Small Fund	19.26%	5.11%	22.05%	19.77%	-4.62%	39.15%	6.95%	20.22%	-11.69%	9.22%

Correlation

The correlation between PTRIX and PMJIX is -0.06, 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	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.08
Correlation (10Y) Calculated over the trailing 10-year period	-0.04
Correlation (All Time) Calculated using the full available price history since Jun 8, 2015	-0.06

The correlation between PTRIX and PMJIX shifts across timeframes, from -0.06 (all time) to 0.14 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

PTRIX vs. PMJIX — Risk / Return Rank

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

PMJIX

PMJIX Risk / Return Rank: 67
PMJIX Sharpe Ratio Rank: 58
PMJIX Sortino Ratio Rank: 56
PMJIX Omega Ratio Rank: 48
PMJIX Calmar Ratio Rank: 92
PMJIX Martin Ratio Rank: 80

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. PMJIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Mortgage-Backed Securities Fund (PTRIX) and PIMCO RAE US Small Fund (PMJIX). 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	PMJIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.24	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.28	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.42	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.37	—

Drawdowns

Drawdown Indicators

	PTRIX	PMJIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-49.75%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.62%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-26.04%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-49.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-49.75%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-16.22%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.56%	—

Volatility

Volatility by Period

	PTRIX	PMJIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.50%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	17.16%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	39.48%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	33.09%	—

PTRIX vs. PMJIX - Expense Ratio Comparison

Both PTRIX and PMJIX have an expense ratio of 0.50%.

Dividends

PTRIX vs. PMJIX - Dividend Comparison

PTRIX has not paid dividends to shareholders, while PMJIX's dividend yield for the trailing twelve months is around 2.64%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PMJIX PIMCO RAE US Small Fund	2.64%	3.15%	3.26%	1.25%	9.91%	65.79%	9.46%	1.55%	7.65%	4.69%	1.24%	1.67%
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 PMJIX in my portfolio?

PTRIX and PMJIX have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.