PTY vs. SPHY
Compare and contrast key facts about PIMCO Corporate & Income Opportunity Fund (PTY) and SPDR Portfolio High Yield Bond ETF (SPHY).
PTY is managed by FPA. It was launched on Dec 24, 2002. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTY or SPHY.
Correlation
The correlation between PTY and SPHY is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PTY vs. SPHY - Performance Comparison
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Key characteristics
PTY:
0.55
SPHY:
1.41
PTY:
0.62
SPHY:
2.03
PTY:
1.20
SPHY:
1.30
PTY:
0.43
SPHY:
1.58
PTY:
2.33
SPHY:
8.33
PTY:
2.82%
SPHY:
0.92%
PTY:
13.38%
SPHY:
5.53%
PTY:
-61.19%
SPHY:
-21.97%
PTY:
-7.06%
SPHY:
-0.92%
Returns By Period
In the year-to-date period, PTY achieves a -0.72% return, which is significantly lower than SPHY's 1.29% return. Over the past 10 years, PTY has outperformed SPHY with an annualized return of 9.43%, while SPHY has yielded a comparatively lower 4.54% annualized return.
PTY
-0.72%
3.88%
-1.63%
7.33%
9.20%
9.43%
SPHY
1.29%
1.51%
0.88%
7.78%
6.59%
4.54%
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PTY vs. SPHY - Expense Ratio Comparison
PTY has a 1.19% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
PTY vs. SPHY — Risk-Adjusted Performance Rank
PTY
SPHY
PTY vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Corporate & Income Opportunity Fund (PTY) and SPDR Portfolio High Yield Bond ETF (SPHY). 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.
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Dividends
PTY vs. SPHY - Dividend Comparison
PTY's dividend yield for the trailing twelve months is around 10.34%, more than SPHY's 7.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTY PIMCO Corporate & Income Opportunity Fund | 10.34% | 9.92% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.77% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
PTY vs. SPHY - Drawdown Comparison
The maximum PTY drawdown since its inception was -61.19%, which is greater than SPHY's maximum drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for PTY and SPHY. For additional features, visit the drawdowns tool.
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Volatility
PTY vs. SPHY - Volatility Comparison
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