PTSHX vs. PIMIX
Compare and contrast key facts about PIMCO Short Term Fund (PTSHX) and PIMCO Income Fund Institutional Class (PIMIX).
PTSHX is managed by PIMCO. It was launched on Oct 7, 1987. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTSHX or PIMIX.
Key characteristics
| PTSHX | PIMIX | |
|---|---|---|
| YTD Return | 5.31% | 4.75% |
| 1Y Return | 6.36% | 9.47% |
| 3Y Return (Ann) | 3.71% | 1.94% |
| 5Y Return (Ann) | 2.86% | 3.15% |
| 10Y Return (Ann) | 2.36% | 4.20% |
| Sharpe Ratio | 4.05 | 2.39 |
| Sortino Ratio | 18.82 | 3.69 |
| Omega Ratio | 6.95 | 1.48 |
| Calmar Ratio | 60.91 | 2.70 |
| Martin Ratio | 112.19 | 12.49 |
| Ulcer Index | 0.06% | 0.85% |
| Daily Std Dev | 1.57% | 4.46% |
| Max Drawdown | -6.26% | -13.39% |
| Current Drawdown | 0.00% | -1.80% |
Correlation
The correlation between PTSHX and PIMIX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PTSHX vs. PIMIX - Performance Comparison
In the year-to-date period, PTSHX achieves a 5.31% return, which is significantly higher than PIMIX's 4.75% return. Over the past 10 years, PTSHX has underperformed PIMIX with an annualized return of 2.36%, while PIMIX has yielded a comparatively higher 4.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTSHX vs. PIMIX - Expense Ratio Comparison
PTSHX has a 0.45% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
PTSHX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Short Term Fund (PTSHX) and PIMCO Income Fund Institutional Class (PIMIX). 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.
Dividends
PTSHX vs. PIMIX - Dividend Comparison
PTSHX's dividend yield for the trailing twelve months is around 5.20%, less than PIMIX's 6.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTSHX PIMCO Short Term Fund | 5.20% | 4.51% | 3.27% | 0.63% | 1.78% | 2.92% | 2.50% | 1.67% | 1.81% | 1.58% | 1.53% | 1.09% |
PIMIX PIMCO Income Fund Institutional Class | 6.25% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% | 5.46% |
Drawdowns
PTSHX vs. PIMIX - Drawdown Comparison
The maximum PTSHX drawdown since its inception was -6.26%, smaller than the maximum PIMIX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PTSHX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
PTSHX vs. PIMIX - Volatility Comparison
The current volatility for PIMCO Short Term Fund (PTSHX) is 0.53%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 1.11%. This indicates that PTSHX experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.