PWLIX vs. PONPX
Compare and contrast key facts about PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) and PIMCO Income Fund Class I-2 (PONPX).
PWLIX is managed by PIMCO. It was launched on Dec 3, 2014. PONPX is managed by PIMCO.
Performance
PWLIX vs. PONPX - Performance Comparison
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PWLIX vs. PONPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | 4.64% | 4.65% | 4.04% | 4.33% | 15.15% | -12.66% | 9.60% | 0.49% | 11.80% |
PONPX PIMCO Income Fund Class I-2 | -1.37% | 10.96% | 5.33% | 9.24% | -9.14% | 2.51% | 5.73% | 7.99% | 0.53% | 8.52% |
Returns By Period
In the year-to-date period, PWLIX achieves a 9.51% return, which is significantly higher than PONPX's -1.37% return. Over the past 10 years, PWLIX has outperformed PONPX with an annualized return of 5.83%, while PONPX has yielded a comparatively lower 4.55% annualized return.
PWLIX
- 1D
- 1.13%
- 1M
- 0.50%
- YTD
- 9.51%
- 6M
- 8.92%
- 1Y
- 6.36%
- 3Y*
- 8.08%
- 5Y*
- 7.13%
- 10Y*
- 5.83%
PONPX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.37%
- 6M
- 1.11%
- 1Y
- 5.97%
- 3Y*
- 7.09%
- 5Y*
- 3.28%
- 10Y*
- 4.55%
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PWLIX vs. PONPX - Expense Ratio Comparison
PWLIX has a 1.19% expense ratio, which is higher than PONPX's 0.72% expense ratio.
Return for Risk
PWLIX vs. PONPX — Risk / Return Rank
PWLIX
PONPX
PWLIX vs. PONPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) and PIMCO Income Fund Class I-2 (PONPX). 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.
| PWLIX | PONPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 1.54 | -0.75 |
Sortino ratioReturn per unit of downside risk | 1.14 | 2.21 | -1.07 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.29 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.84 | -0.47 |
Martin ratioReturn relative to average drawdown | 2.63 | 7.43 | -4.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PWLIX | PONPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 1.54 | -0.75 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.70 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 1.09 | -0.44 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.82 | -1.28 |
Correlation
The correlation between PWLIX and PONPX is 0.21, 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.
Dividends
PWLIX vs. PONPX - Dividend Comparison
PWLIX's dividend yield for the trailing twelve months is around 6.07%, more than PONPX's 5.48% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund | 6.07% | 6.65% | 4.75% | 5.51% | 14.75% | 11.99% | 7.31% | 6.79% | 0.39% | 10.82% | 4.16% | 3.61% |
PONPX PIMCO Income Fund Class I-2 | 5.48% | 5.91% | 6.16% | 6.11% | 4.89% | 3.92% | 4.78% | 5.73% | 5.56% | 5.27% | 5.42% | 7.77% |
Drawdowns
PWLIX vs. PONPX - Drawdown Comparison
The maximum PWLIX drawdown since its inception was -26.92%, which is greater than PONPX's maximum drawdown of -13.41%. Use the drawdown chart below to compare losses from any high point for PWLIX and PONPX.
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Drawdown Indicators
| PWLIX | PONPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.92% | -13.41% | -13.51% |
Max Drawdown (1Y)Largest decline over 1 year | -5.79% | -3.69% | -2.10% |
Max Drawdown (5Y)Largest decline over 5 years | -11.74% | -13.41% | +1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -26.92% | -13.41% | -13.51% |
Current DrawdownCurrent decline from peak | 0.00% | -3.24% | +3.24% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -1.44% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.03% | 0.92% | +2.11% |
Volatility
PWLIX vs. PONPX - Volatility Comparison
PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) has a higher volatility of 2.39% compared to PIMCO Income Fund Class I-2 (PONPX) at 1.88%. This indicates that PWLIX's price experiences larger fluctuations and is considered to be riskier than PONPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PWLIX | PONPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 1.88% | +0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.03% | 2.64% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.04% | 4.27% | +4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.86% | 4.75% | +4.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.94% | 4.19% | +4.75% |