PXTIX vs. PTY

Last updated Aug 4, 2026

PXTIX (PIMCO RAE PLUS Fund) and PTY (PIMCO Corporate & Income Opportunity Fund) are both mutual funds - PXTIX is a Large Cap Value Equities fund managed by PIMCO, while PTY is a Corporate Bonds fund managed by PIMCO. Over the past 10 years, PXTIX returned 14.59%/yr vs 8.00%/yr for PTY. Their 0.34 correlation means their historical movements had little consistent relationship. PXTIX charges 0.80%/yr vs 1.19%/yr for PTY.

Performance

PXTIX vs. PTY - Performance Comparison

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

Returns By Period

In the year-to-date period, PXTIX achieves a 25.46% return, which is significantly higher than PTY's -2.49% return. Over the past 10 years, PXTIX has outperformed PTY with an annualized return of 14.59%, while PTY has yielded a comparatively lower 8.00% annualized return.

PXTIX

• 1D: 0.08%
• 1M: 4.98%
• 6M: 18.87%
• YTD: 25.46%
• 1Y: 43.37%
• 3Y*: 24.61%
• 5Y*: 15.08%
• 10Y*: 14.59%
• ALL TIME*: 13.39%

PTY

• 1D: 0.43%
• 1M: -1.68%
• 6M: -4.12%
• YTD: -2.49%
• 1Y: -6.08%
• 3Y*: 3.46%
• 5Y*: -1.33%
• 10Y*: 8.00%
• ALL TIME*: 10.78%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PTY PIMCO Corporate & Income Opportunity Fund	$12.11M	$12.45M	$12.40M
PXTIX PIMCO RAE PLUS Fund	$0.00	$0.00	$0.00

PXTIX vs. PTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PXTIX PIMCO RAE PLUS Fund	25.46%	20.59%	17.25%	18.55%	-8.62%	27.45%	4.32%	26.57%	-8.04%	19.31%
PTY PIMCO Corporate & Income Opportunity Fund	-2.49%	-0.51%	19.87%	22.56%	-18.71%	0.40%	3.24%	35.36%	2.49%	26.63%

Correlation

The correlation between PXTIX and PTY is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.25
Correlation (5Y) Shows whether the relationship held over a longer period.	0.34
Correlation (10Y) Provides a long-term view across more market conditions.	0.32
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	0.34

Return for Risk

PXTIX vs. PTY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PXTIX

PXTIX Risk / Return Rank: 97
PXTIX Sharpe Ratio Rank: 98
PXTIX Sortino Ratio Rank: 97
PXTIX Omega Ratio Rank: 95
PXTIX Calmar Ratio Rank: 98
PXTIX Martin Ratio Rank: 98

PTY

PTY Risk / Return Rank: 1
PTY Sharpe Ratio Rank: 1
PTY Sortino Ratio Rank: 1
PTY Omega Ratio Rank: 1
PTY Calmar Ratio Rank: 1
PTY Martin Ratio Rank: 2

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PXTIX vs. PTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS Fund (PXTIX) and PIMCO Corporate & Income Opportunity Fund (PTY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PXTIX	PTY	Difference
Sharpe ratio: Return per unit of total volatility	3.23	-0.54	+3.77
Sortino ratio: Return per unit of downside risk	4.40	-0.67	+5.07
Omega ratio: Gain probability vs. loss probability	1.58	0.91	+0.67
Calmar ratio: Return relative to maximum drawdown	6.80	-0.40	+7.20
Martin ratio: Return relative to average drawdown	23.46	-0.68	+24.14

PXTIX vs. PTY - Sharpe Ratio Comparison

The current PXTIX Sharpe Ratio is 3.23, which is higher than the PTY Sharpe Ratio of -0.54. The chart below compares the historical Sharpe Ratios of PXTIX and PTY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PXTIX vs. PTY - Drawdown Comparison

The maximum PXTIX drawdown since its inception was -59.22%, roughly equal to the maximum PTY drawdown of -60.86%. Use the drawdown chart below to compare losses from any high point for PXTIX and PTY.

Drawdown Indicators

	PXTIX	PTY	Difference
Max Drawdown Largest peak-to-trough decline	-59.22%	-60.86%	+1.64%
Max Drawdown (1Y) Largest decline over 1 year	-6.30%	-15.44%	+9.14%
Max Drawdown (3Y) Largest decline over 3 years	-19.08%	-15.53%	-3.55%
Max Drawdown (5Y) Largest decline over 5 years	-22.90%	-41.38%	+18.48%
Max Drawdown (10Y) Largest decline over 10 years	-44.16%	-46.55%	+2.39%
Current Drawdown Current decline from peak	-0.15%	-11.51%	+11.36%
Average Drawdown Average peak-to-trough decline	-6.09%	-8.63%	+2.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.82%	8.92%	-7.10%

Volatility

PXTIX vs. PTY - Volatility Comparison

PIMCO RAE PLUS Fund (PXTIX) and PIMCO Corporate & Income Opportunity Fund (PTY) have volatilities of 2.60% and 2.60%, 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	PTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.60%	2.60%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	9.48%	7.88%	+1.60%
Volatility (1Y) Calculated over the trailing 1-year period	13.29%	11.28%	+2.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.39%	17.22%	+0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.34%	21.18%	-1.84%

PXTIX vs. PTY - Expense Ratio Comparison

PXTIX has a 0.80% expense ratio, which is lower than PTY's 1.19% expense ratio.

Dividends

PXTIX vs. PTY - Dividend Comparison

PXTIX's dividend yield for the trailing twelve months is around 6.32%, less than PTY's 12.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTY PIMCO Corporate & Income Opportunity Fund	12.12%	11.05%	9.92%	10.77%	13.12%	9.16%	8.74%	8.37%	10.63%	9.48%	12.09%	11.92%
PXTIX PIMCO RAE PLUS Fund	6.32%	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 PTY in my portfolio?

PXTIX and PTY have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PXTIX or PTY?

PTY has higher volatility (2.60%) compared to PXTIX (2.60%). In terms of maximum drawdown, PXTIX dropped -59.22% vs PTY's -60.86%.

Which has better risk-adjusted returns?

PXTIX currently has the higher Sharpe Ratio (3.23 vs -0.54), 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.