Correlation
The correlation between PXTIX and SPY is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
PXTIX vs. SPY
Compare and contrast key facts about PIMCO RAE PLUS Fund (PXTIX) and SPDR S&P 500 ETF (SPY).
PXTIX is managed by PIMCO. It was launched on Jun 30, 2005. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PXTIX or SPY.
Performance
PXTIX vs. SPY - Performance Comparison
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Key characteristics
PXTIX:
0.18
SPY:
0.57
PXTIX:
0.27
SPY:
0.87
PXTIX:
1.04
SPY:
1.13
PXTIX:
0.10
SPY:
0.55
PXTIX:
0.37
SPY:
2.11
PXTIX:
5.17%
SPY:
4.91%
PXTIX:
19.52%
SPY:
20.35%
PXTIX:
-71.34%
SPY:
-55.19%
PXTIX:
-6.87%
SPY:
-5.23%
Returns By Period
In the year-to-date period, PXTIX achieves a -0.23% return, which is significantly higher than SPY's -0.89% return. Over the past 10 years, PXTIX has underperformed SPY with an annualized return of 9.86%, while SPY has yielded a comparatively higher 12.57% annualized return.
PXTIX
-0.23%
4.72%
-4.59%
2.55%
11.52%
16.67%
9.86%
SPY
-0.89%
5.17%
-2.13%
10.77%
15.38%
16.09%
12.57%
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PXTIX vs. SPY - Expense Ratio Comparison
PXTIX has a 0.80% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PXTIX vs. SPY — Risk-Adjusted Performance Rank
PXTIX
SPY
PXTIX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RAE PLUS Fund (PXTIX) and SPDR S&P 500 ETF (SPY). 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
PXTIX vs. SPY - Dividend Comparison
PXTIX's dividend yield for the trailing twelve months is around 8.16%, more than SPY's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PXTIX PIMCO RAE PLUS Fund | 8.16% | 12.78% | 2.58% | 19.26% | 17.56% | 7.43% | 15.90% | 14.04% | 7.34% | 0.00% | 6.60% | 15.40% |
SPY SPDR S&P 500 ETF | 1.24% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PXTIX vs. SPY - Drawdown Comparison
The maximum PXTIX drawdown since its inception was -71.34%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PXTIX and SPY.
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Volatility
PXTIX vs. SPY - Volatility Comparison
PIMCO RAE PLUS Fund (PXTIX) has a higher volatility of 5.06% compared to SPDR S&P 500 ETF (SPY) at 4.45%. This indicates that PXTIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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