PXTIX vs. PKAIX

Last updated Jun 4, 2026

PXTIX (PIMCO RAE PLUS Fund) and PKAIX (PIMCO RAE US Fund) are both Large Cap Value Equities funds from PIMCO. Over the past 10 years, PXTIX returned 14.50%/yr vs 14.21%/yr for PKAIX. With a 0.98 correlation, they move nearly in lockstep. PXTIX charges 0.80%/yr vs 0.40%/yr for PKAIX.

Performance

PXTIX vs. PKAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO RAE PLUS Fund (PXTIX) and PIMCO RAE US Fund (PKAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PXTIX achieves a 20.74% return, which is significantly lower than PKAIX's 24.56% return. Both investments have delivered pretty close results over the past 10 years, with PXTIX having a 14.50% annualized return and PKAIX not far behind at 14.21%.

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%

PKAIX

• 1D: 0.71%
• 1M: 7.80%
• YTD: 24.56%
• 6M: 20.98%
• 1Y: 43.47%
• 3Y*: 25.53%
• 5Y*: 15.06%
• 10Y*: 14.21%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PXTIX vs. PKAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
PKAIX PIMCO RAE US Fund	24.56%	17.19%	16.28%	17.02%	-3.36%	27.74%	3.94%	24.92%	-6.92%	16.51%

Correlation

The correlation between PXTIX and PKAIX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (10Y) Calculated over the trailing 10-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 8, 2015	0.98

The correlation between PXTIX and PKAIX has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

PXTIX vs. PKAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PXTIX

PXTIX Risk / Return Rank: 93
PXTIX Sharpe Ratio Rank: 95
PXTIX Sortino Ratio Rank: 92
PXTIX Omega Ratio Rank: 87
PXTIX Calmar Ratio Rank: 97
PXTIX Martin Ratio Rank: 96

PKAIX

PKAIX Risk / Return Rank: 95
PKAIX Sharpe Ratio Rank: 96
PKAIX Sortino Ratio Rank: 93
PKAIX Omega Ratio Rank: 88
PKAIX Calmar Ratio Rank: 98
PKAIX Martin Ratio Rank: 97

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. PKAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS Fund (PXTIX) and PIMCO RAE US Fund (PKAIX). 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.

	PXTIX	PKAIX	Difference
Sharpe ratio: Return per unit of total volatility	3.39	3.52	-0.13
Sortino ratio: Return per unit of downside risk	4.64	4.74	-0.10
Omega ratio: Gain probability vs. loss probability	1.60	1.62	-0.03
Calmar ratio: Return relative to maximum drawdown	7.05	8.80	-1.75
Martin ratio: Return relative to average drawdown	24.20	27.00	-2.80
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. PKAIX - Sharpe Ratio Comparison

The current PXTIX Sharpe Ratio is 3.39, which is comparable to the PKAIX Sharpe Ratio of 3.52. The chart below compares the historical Sharpe Ratios of PXTIX and PKAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PXTIX	PKAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.39	3.52	-0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.85	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.76	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.70	-0.07

Drawdowns

PXTIX vs. PKAIX - Drawdown Comparison

The maximum PXTIX drawdown since its inception was -59.22%, which is greater than PKAIX's maximum drawdown of -38.56%. Use the drawdown chart below to compare losses from any high point for PXTIX and PKAIX.

Drawdown Indicators

	PXTIX	PKAIX	Difference
Max Drawdown Largest peak-to-trough decline	-59.22%	-38.56%	-20.66%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-5.15%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-19.08%	-20.31%	+1.23%
Max Drawdown (5Y) Largest decline over 5 years	-22.90%	-20.64%	-2.26%
Max Drawdown (10Y) Largest decline over 10 years	-44.16%	-38.56%	-5.60%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.13%	-4.72%	-1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.67%	+0.16%

Volatility

PXTIX vs. PKAIX - Volatility Comparison

PIMCO RAE PLUS Fund (PXTIX) and PIMCO RAE US Fund (PKAIX) have volatilities of 3.05% and 3.11%, 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.

Volatility by Period

	PXTIX	PKAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.05%	3.11%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	9.28%	9.37%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	13.10%	12.88%	+0.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.46%	17.78%	-0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.37%	18.85%	+0.52%

PXTIX vs. PKAIX - Expense Ratio Comparison

PXTIX has a 0.80% expense ratio, which is higher than PKAIX's 0.40% expense ratio.

Dividends

PXTIX vs. PKAIX - Dividend Comparison

PXTIX's dividend yield for the trailing twelve months is around 4.90%, less than PKAIX's 11.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PKAIX PIMCO RAE US Fund	11.05%	13.77%	16.77%	6.65%	8.09%	10.03%	3.20%	4.91%	6.85%	5.85%	5.33%	3.49%
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

Can I hold both PXTIX and PKAIX in my portfolio?

With a correlation of 0.98, PXTIX and PKAIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PXTIX or PKAIX?

PKAIX has higher volatility (3.11%) compared to PXTIX (3.05%). In terms of maximum drawdown, PXTIX dropped -59.22% vs PKAIX's -38.56%.

Which has better risk-adjusted returns?

PKAIX currently has the higher Sharpe Ratio (3.52 vs 3.39), 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.