PTTRX vs. PDIIX
PTTRX (PIMCO Total Return Fund Institutional Class) and PDIIX (PIMCO Diversified Income Fund) are both mutual funds - PTTRX is a Intermediate Core-Plus Bond fund actively managed by PIMCO, while PDIIX is a Multisector Bonds fund managed by PIMCO. Over the past 10 years, PTTRX returned 2.27%/yr vs 4.33%/yr for PDIIX. A 0.68 correlation means they provide meaningful diversification when combined. PTTRX charges 0.53%/yr vs 0.75%/yr for PDIIX.
Performance
PTTRX vs. PDIIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PTTRX achieves a 0.30% return, which is significantly lower than PDIIX's 1.74% return. Over the past 10 years, PTTRX has underperformed PDIIX with an annualized return of 2.27%, while PDIIX has yielded a comparatively higher 4.33% annualized return.
PTTRX
- 1D
- -0.34%
- 1M
- 0.88%
- YTD
- 0.30%
- 6M
- 0.80%
- 1Y
- 6.09%
- 3Y*
- 5.37%
- 5Y*
- 0.57%
- 10Y*
- 2.27%
PDIIX
- 1D
- 0.10%
- 1M
- 1.49%
- YTD
- 1.74%
- 6M
- 2.43%
- 1Y
- 8.73%
- 3Y*
- 8.65%
- 5Y*
- 2.50%
- 10Y*
- 4.33%
PTTRX vs. PDIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTTRX PIMCO Total Return Fund Institutional Class | 0.30% | 9.35% | 2.62% | 6.33% | -14.72% | -0.59% | 8.88% | 8.36% | -0.24% | 5.13% |
PDIIX PIMCO Diversified Income Fund | 1.74% | 10.42% | 6.35% | 10.41% | -14.70% | 0.42% | 6.43% | 13.05% | -0.97% | 8.87% |
Correlation
The correlation between PTTRX and PDIIX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.87 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2003 | 0.68 |
The correlation between PTTRX and PDIIX shifts across timeframes, from 0.68 (all time) to 0.87 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PTTRX vs. PDIIX — Risk / Return Rank
PTTRX
PDIIX
PTTRX vs. PDIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Total Return Fund Institutional Class (PTTRX) and PIMCO Diversified Income Fund (PDIIX). 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.
| PTTRX | PDIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.46 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.73 | 2.48 | -0.75 |
| Martin ratioReturn relative to average drawdown | 5.09 | 10.11 | -5.02 |
Loading charts...
Drawdowns
PTTRX vs. PDIIX - Drawdown Comparison
The maximum PTTRX drawdown since its inception was -19.28%, smaller than the maximum PDIIX drawdown of -21.96%. Use the drawdown chart below to compare losses from any high point for PTTRX and PDIIX.
Loading charts...
Drawdown Indicators
| PTTRX | PDIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.28% | -21.96% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -3.69% | -3.55% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | -6.18% | -4.27% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -19.28% | -20.50% | +1.22% |
Max Drawdown (10Y)Largest decline over 10 years | -19.28% | -20.50% | +1.22% |
Current DrawdownCurrent decline from peak | -1.82% | -0.20% | -1.62% |
Average DrawdownAverage peak-to-trough decline | -2.19% | -2.81% | +0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 0.87% | +0.38% |
Volatility
PTTRX vs. PDIIX - Volatility Comparison
PIMCO Total Return Fund Institutional Class (PTTRX) has a higher volatility of 1.39% compared to PIMCO Diversified Income Fund (PDIIX) at 1.22%. This indicates that PTTRX's price experiences larger fluctuations and is considered to be riskier than PDIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PTTRX | PDIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.39% | 1.22% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.63% | 3.21% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 3.88% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.28% | 5.01% | +1.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.24% | 4.89% | +0.35% |
PTTRX vs. PDIIX - Expense Ratio Comparison
PTTRX has a 0.53% expense ratio, which is lower than PDIIX's 0.75% expense ratio.
Dividends
PTTRX vs. PDIIX - Dividend Comparison
PTTRX's dividend yield for the trailing twelve months is around 4.56%, less than PDIIX's 5.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDIIX PIMCO Diversified Income Fund | 5.51% | 5.42% | 5.18% | 4.66% | 3.91% | 3.65% | 3.68% | 5.04% | 4.46% | 4.84% | 4.94% | 7.68% |
PTTRX PIMCO Total Return Fund Institutional Class | 4.56% | 4.47% | 4.61% | 3.81% | 3.63% | 2.59% | 6.11% | 3.96% | 3.13% | 2.63% | 3.02% | 6.64% |
Frequently Asked Questions
PTTRX and PDIIX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTTRX has higher volatility (1.39%) compared to PDIIX (1.22%). In terms of maximum drawdown, PTTRX dropped -19.28% vs PDIIX's -21.96%.
PDIIX currently has the higher Sharpe Ratio (2.27 vs 1.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PTTRX and PDIIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer