PYGSX vs. PFORX
Compare and contrast key facts about Payden Global Low Duration Fund (PYGSX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX).
PYGSX is managed by Paydenfunds. It was launched on Sep 17, 1996. PFORX is managed by PIMCO. It was launched on Dec 1, 1992.
Performance
PYGSX vs. PFORX - Performance Comparison
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PYGSX vs. PFORX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYGSX Payden Global Low Duration Fund | 0.26% | 5.72% | 5.19% | 5.61% | -3.38% | 0.17% | 3.14% | 4.77% | 0.58% | 1.90% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | -1.93% | 4.33% | 5.70% | 9.52% | -10.33% | -1.67% | 6.17% | 7.64% | 2.64% | 3.52% |
Returns By Period
In the year-to-date period, PYGSX achieves a 0.26% return, which is significantly higher than PFORX's -1.93% return. Over the past 10 years, PYGSX has underperformed PFORX with an annualized return of 2.47%, while PFORX has yielded a comparatively higher 2.80% annualized return.
PYGSX
- 1D
- 0.10%
- 1M
- -0.53%
- YTD
- 0.26%
- 6M
- 1.24%
- 1Y
- 4.25%
- 3Y*
- 5.01%
- 5Y*
- 2.59%
- 10Y*
- 2.47%
PFORX
- 1D
- 0.31%
- 1M
- -3.10%
- YTD
- -1.93%
- 6M
- -0.89%
- 1Y
- 1.84%
- 3Y*
- 4.82%
- 5Y*
- 1.13%
- 10Y*
- 2.80%
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PYGSX vs. PFORX - Expense Ratio Comparison
PYGSX has a 0.53% expense ratio, which is higher than PFORX's 0.50% expense ratio.
Return for Risk
PYGSX vs. PFORX — Risk / Return Rank
PYGSX
PFORX
PYGSX vs. PFORX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Payden Global Low Duration Fund (PYGSX) and PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX). 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.
| PYGSX | PFORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.57 | 0.61 | +1.96 |
Sortino ratioReturn per unit of downside risk | 3.97 | 0.86 | +3.11 |
Omega ratioGain probability vs. loss probability | 1.60 | 1.12 | +0.49 |
Calmar ratioReturn relative to maximum drawdown | 3.55 | 0.66 | +2.89 |
Martin ratioReturn relative to average drawdown | 17.04 | 2.97 | +14.07 |
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
| PYGSX | PFORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.57 | 0.61 | +1.96 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.39 | 0.33 | +1.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.42 | 0.91 | +0.51 |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.09 | 1.25 | +0.84 |
Correlation
The correlation between PYGSX and PFORX is 0.35, 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
PYGSX vs. PFORX - Dividend Comparison
PYGSX's dividend yield for the trailing twelve months is around 4.61%, more than PFORX's 3.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYGSX Payden Global Low Duration Fund | 4.61% | 4.63% | 4.64% | 3.84% | 2.14% | 1.68% | 1.78% | 2.74% | 2.51% | 1.68% | 1.19% | 1.20% |
PFORX PIMCO International Bond Fund (U.S. Dollar-Hedged) | 3.86% | 4.23% | 4.91% | 3.02% | 3.65% | 1.55% | 2.46% | 6.86% | 2.90% | 1.46% | 1.38% | 9.12% |
Drawdowns
PYGSX vs. PFORX - Drawdown Comparison
The maximum PYGSX drawdown since its inception was -7.29%, smaller than the maximum PFORX drawdown of -13.87%. Use the drawdown chart below to compare losses from any high point for PYGSX and PFORX.
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Drawdown Indicators
| PYGSX | PFORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.29% | -13.87% | +6.58% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | -3.99% | +2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -5.38% | -13.71% | +8.33% |
Max Drawdown (10Y)Largest decline over 10 years | -7.29% | -13.87% | +6.58% |
Current DrawdownCurrent decline from peak | -0.74% | -3.39% | +2.65% |
Average DrawdownAverage peak-to-trough decline | -0.49% | -1.95% | +1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.89% | -0.63% |
Volatility
PYGSX vs. PFORX - Volatility Comparison
The current volatility for Payden Global Low Duration Fund (PYGSX) is 0.68%, while PIMCO International Bond Fund (U.S. Dollar-Hedged) (PFORX) has a volatility of 1.99%. This indicates that PYGSX experiences smaller price fluctuations and is considered to be less risky than PFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PYGSX | PFORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.68% | 1.99% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 1.05% | 2.55% | -1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.66% | 3.39% | -1.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.87% | 3.47% | -1.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.74% | 3.08% | -1.34% |