PTSAX vs. SMTRX

Last updated Jul 15, 2026

PTSAX (PIMCO Total Return ESG Fund) and SMTRX (ALPS/Smith Total Return Bond Fund) are both Intermediate Core-Plus Bond funds. Their correlation of 0.91 suggests significant overlap in exposure. PTSAX charges 0.51%/yr vs 0.99%/yr for SMTRX.

Performance

PTSAX vs. SMTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Total Return ESG Fund (PTSAX) and ALPS/Smith Total Return Bond Fund (SMTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PTSAX

• 1D: -0.52%
• 1M: -0.80%
• 6M: -0.67%
• YTD: -0.30%
• 1Y: 4.60%
• 3Y*: 4.61%
• 5Y*: -0.53%
• 10Y*: 1.65%

SMTRX

• 1D: -0.31%
• 1M: -0.59%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PTSAX vs. SMTRX - Yearly Performance Comparison

	2026 (YTD)
PTSAX PIMCO Total Return ESG Fund	-0.17%
SMTRX ALPS/Smith Total Return Bond Fund	-0.59%

Correlation

The correlation between PTSAX and SMTRX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.91

Return for Risk

PTSAX vs. SMTRX — Risk / Return Rank

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

PTSAX

PTSAX Risk / Return Rank: 24
PTSAX Sharpe Ratio Rank: 26
PTSAX Sortino Ratio Rank: 25
PTSAX Omega Ratio Rank: 25
PTSAX Calmar Ratio Rank: 22
PTSAX Martin Ratio Rank: 19

SMTRX

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

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.

PTSAX vs. SMTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Total Return ESG Fund (PTSAX) and ALPS/Smith Total Return Bond Fund (SMTRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PTSAX	SMTRX	Difference
Sharpe ratio: Return per unit of total volatility	1.08	—	—
Sortino ratio: Return per unit of downside risk	1.57	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.28	—	—
Martin ratio: Return relative to average drawdown	3.56	—	—

Drawdowns

PTSAX vs. SMTRX - Drawdown Comparison

The maximum PTSAX drawdown since its inception was -21.12%, which is greater than SMTRX's maximum drawdown of -1.34%. Use the drawdown chart below to compare losses from any high point for PTSAX and SMTRX.

Drawdown Indicators

	PTSAX	SMTRX	Difference
Max Drawdown Largest peak-to-trough decline	-21.12%	-1.34%	-19.78%
Max Drawdown (1Y) Largest decline over 1 year	-3.62%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.23%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-21.12%	—	—
Current Drawdown Current decline from peak	-3.39%	-1.34%	-2.05%
Average Drawdown Average peak-to-trough decline	-2.47%	-0.34%	-2.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.30%	—	—

Volatility

Volatility by Period

	PTSAX	SMTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.56%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.32%	3.86%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.13%	3.86%	+2.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.10%	3.86%	+1.24%

PTSAX vs. SMTRX - Expense Ratio Comparison

PTSAX has a 0.51% expense ratio, which is lower than SMTRX's 0.99% expense ratio.

Dividends

PTSAX vs. SMTRX - Dividend Comparison

PTSAX's dividend yield for the trailing twelve months is around 4.04%, more than SMTRX's 0.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTSAX PIMCO Total Return ESG Fund	4.04%	3.87%	3.89%	3.32%	3.68%	2.96%	4.60%	3.48%	2.56%	2.03%	2.96%	4.71%
SMTRX ALPS/Smith Total Return Bond Fund	0.72%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PTSAX and SMTRX in my portfolio?

With a correlation of 0.91, PTSAX and SMTRX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.