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PXTIX vs. IVV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PXTIX vs. IVV

Last updated Jun 4, 2026

PXTIX (PIMCO RAE PLUS Fund) and IVV (iShares Core S&P 500 ETF) are both funds - PXTIX is a Large Cap Value Equities fund managed by PIMCO, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, PXTIX returned 14.50%/yr vs 15.54%/yr for IVV. Their correlation of 0.89 suggests significant overlap in exposure. PXTIX charges 0.80%/yr vs 0.03%/yr for IVV.

Performance

PXTIX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE PLUS Fund (PXTIX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, PXTIX achieves a 20.74% return, which is significantly higher than IVV's 10.85% return. Over the past 10 years, PXTIX has underperformed IVV with an annualized return of 14.50%, while IVV has yielded a comparatively higher 15.54% annualized return.

PXTIX

1D
0.66%
1M
6.88%
YTD
20.74%
6M
19.51%
1Y
42.47%
3Y*
26.33%
5Y*
13.87%
10Y*
14.50%

IVV

1D
-0.76%
1M
4.97%
YTD
10.85%
6M
10.87%
1Y
28.00%
3Y*
22.43%
5Y*
13.88%
10Y*
15.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

PXTIX vs. IVV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PXTIX
PIMCO RAE PLUS Fund		20.74%20.59%17.25%18.55%-8.62%27.45%4.32%26.57%-8.04%19.31%
IVV
iShares Core S&P 500 ETF		10.85%17.85%24.93%26.31%-18.16%28.76%18.40%31.07%-4.49%21.75%

Correlation

The correlation between PXTIX and IVV is 0.64, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.64

Correlation (3Y)
Calculated over the trailing 3-year period

0.76

Correlation (5Y)
Calculated over the trailing 5-year period

0.81

Correlation (10Y)
Calculated over the trailing 10-year period

0.84

Correlation (All Time)
Calculated using the full available price history since Jan 4, 2006

0.89

Over the past year, the correlation between PXTIX and IVV has dropped to 0.64 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

PIMCO RAE PLUS Fund

iShares Core S&P 500 ETF

Often compared with PXTIX:
PXTIX vs. SPYPXTIX vs. JEPIPXTIX vs. QQQIPXTIX vs. VOOPXTIX vs. PSLDXPXTIX vs. PTSIXPXTIX vs. ARGFX
Often compared with IVV:
IVV vs. VOOIVV vs. SPYIVV vs. FXAIXIVV vs. QQQIVV vs. VTIIVV vs. IOOIVV vs. CSPX.L

Return for Risk

PXTIX vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PXTIX
PXTIX Risk / Return Rank: 9393
Overall Rank
PXTIX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
PXTIX Sortino Ratio Rank: 9292
Sortino Ratio Rank
PXTIX Omega Ratio Rank: 8787
Omega Ratio Rank
PXTIX Calmar Ratio Rank: 9797
Calmar Ratio Rank
PXTIX Martin Ratio Rank: 9696
Martin Ratio Rank
IVV
IVV Risk / Return Rank: 7070
Overall Rank
IVV Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
IVV Sortino Ratio Rank: 7070
Sortino Ratio Rank
IVV Omega Ratio Rank: 7070
Omega Ratio Rank
IVV Calmar Ratio Rank: 6262
Calmar Ratio Rank
IVV Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PXTIX vs. IVV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS Fund (PXTIX) and iShares Core S&P 500 ETF (IVV). 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.

PXTIXIVVDifference
Sharpe ratioReturn per unit of total volatility
3.39
2.39

+1.00

Sortino ratioReturn per unit of downside risk
4.64
3.25

+1.39

Omega ratioGain probability vs. loss probability

1.60

1.43

+0.16

Calmar ratioReturn relative to maximum drawdown

7.05

3.17

+3.88

Martin ratioReturn relative to average drawdown

24.20

14.71

+9.49

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PXTIX vs. IVV - Sharpe Ratio Comparison

The current PXTIX Sharpe Ratio is 3.39, which is higher than the IVV Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of PXTIX and IVV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PXTIXIVVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.39

2.39

+1.00

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.80

0.83

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.86

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.45

+0.17

Drawdowns

PXTIX vs. IVV - Drawdown Comparison

The maximum PXTIX drawdown since its inception was -59.22%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PXTIX and IVV.

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Drawdown Indicators

PXTIXIVVDifference

Max Drawdown

Largest peak-to-trough decline

-59.22%

-55.25%

-3.97%

Max Drawdown (1Y)

Largest decline over 1 year

-6.30%

-8.89%

+2.59%

Max Drawdown (3Y)

Largest decline over 3 years

-19.08%

-18.75%

-0.33%

Max Drawdown (5Y)

Largest decline over 5 years

-22.90%

-24.53%

+1.63%

Max Drawdown (10Y)

Largest decline over 10 years

-44.16%

-33.90%

-10.26%

Current Drawdown

Current decline from peak

0.00%

-0.76%

+0.76%

Average Drawdown

Average peak-to-trough decline

-6.13%

-10.78%

+4.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.83%

1.91%

-0.08%

Volatility

PXTIX vs. IVV - Volatility Comparison

PIMCO RAE PLUS Fund (PXTIX) has a higher volatility of 3.05% compared to iShares Core S&P 500 ETF (IVV) at 2.87%. This indicates that PXTIX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PXTIXIVVDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.05%

2.87%

+0.18%

Volatility (6M)

Calculated over the trailing 6-month period

9.28%

8.90%

+0.38%

Volatility (1Y)

Calculated over the trailing 1-year period

13.10%

11.80%

+1.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.46%

16.88%

+0.58%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.37%

18.05%

+1.32%

PXTIX vs. IVV - Expense Ratio Comparison

PXTIX has a 0.80% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

PXTIX vs. IVV - Dividend Comparison

PXTIX's dividend yield for the trailing twelve months is around 4.90%, more than IVV's 1.06% yield.

PositionTTM20252024202320222021202020192018201720162015
IVV
iShares Core S&P 500 ETF		1.06%1.17%1.30%1.44%1.66%1.20%1.57%1.85%2.21%1.75%2.01%2.27%
PXTIX
PIMCO RAE PLUS Fund		4.90%6.65%12.78%2.58%19.25%17.53%7.42%15.90%14.04%7.34%0.00%6.60%

Frequently Asked Questions

PXTIX and IVV have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PXTIX has higher volatility (3.05%) compared to IVV (2.87%). In terms of maximum drawdown, PXTIX dropped -59.22% vs IVV's -55.25%.

PXTIX currently has the higher Sharpe Ratio (3.39 vs 2.39), 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.

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