PTY vs. SCYB
Compare and contrast key facts about PIMCO Corporate & Income Opportunity Fund (PTY) and Schwab High Yield Bond ETF (SCYB).
PTY is managed by FPA. It was launched on Dec 24, 2002. SCYB is a passively managed fund by Charles Schwab that tracks the performance of the ICE BofA US Cash Pay High Yield Constrained Index. It was launched on Jul 10, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTY or SCYB.
Correlation
The correlation between PTY and SCYB is 0.30, 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
PTY vs. SCYB - Performance Comparison
Key characteristics
PTY:
2.10
SCYB:
3.20
PTY:
2.44
SCYB:
4.96
PTY:
1.59
SCYB:
1.63
PTY:
0.93
SCYB:
7.52
PTY:
6.89
SCYB:
26.98
PTY:
2.39%
SCYB:
0.49%
PTY:
7.84%
SCYB:
4.16%
PTY:
-61.19%
SCYB:
-3.57%
PTY:
-2.73%
SCYB:
-0.04%
Returns By Period
In the year-to-date period, PTY achieves a 3.91% return, which is significantly higher than SCYB's 1.77% return.
PTY
3.91%
2.84%
8.82%
15.64%
4.19%
9.41%
SCYB
1.77%
0.89%
4.60%
12.86%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTY vs. SCYB - Expense Ratio Comparison
PTY has a 1.19% expense ratio, which is higher than SCYB's 0.03% expense ratio.
Risk-Adjusted Performance
PTY vs. SCYB — Risk-Adjusted Performance Rank
PTY
SCYB
PTY vs. SCYB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Opportunity Fund (PTY) and Schwab High Yield Bond ETF (SCYB). 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
PTY vs. SCYB - Dividend Comparison
PTY's dividend yield for the trailing twelve months is around 9.72%, more than SCYB's 8.99% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTY PIMCO Corporate & Income Opportunity Fund | 9.72% | 9.93% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
SCYB Schwab High Yield Bond ETF | 8.99% | 9.45% | 6.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PTY vs. SCYB - Drawdown Comparison
The maximum PTY drawdown since its inception was -61.19%, which is greater than SCYB's maximum drawdown of -3.57%. Use the drawdown chart below to compare losses from any high point for PTY and SCYB. For additional features, visit the drawdowns tool.
Volatility
PTY vs. SCYB - Volatility Comparison
PIMCO Corporate & Income Opportunity Fund (PTY) and Schwab High Yield Bond ETF (SCYB) have volatilities of 0.84% and 0.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.