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PYLD vs. BINC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


PYLDBINC
YTD Return6.89%5.50%
1Y Return13.56%10.64%
Sharpe Ratio3.263.19
Sortino Ratio5.045.22
Omega Ratio1.691.71
Calmar Ratio6.288.06
Martin Ratio19.4024.88
Ulcer Index0.67%0.41%
Daily Std Dev4.00%3.22%
Max Drawdown-4.52%-1.95%
Current Drawdown-1.01%-0.47%

Correlation

-0.50.00.51.00.8

The correlation between PYLD and BINC is 0.78, 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.

Performance

PYLD vs. BINC - Performance Comparison

In the year-to-date period, PYLD achieves a 6.89% return, which is significantly higher than BINC's 5.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.64%
4.52%
PYLD
BINC

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PYLD vs. BINC - Expense Ratio Comparison

PYLD has a 0.55% expense ratio, which is higher than BINC's 0.40% expense ratio.


PYLD
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund
Expense ratio chart for PYLD: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%
Expense ratio chart for BINC: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Risk-Adjusted Performance

PYLD vs. BINC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and BlackRock Flexible Income ETF (BINC). 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.


PYLD
Sharpe ratio
The chart of Sharpe ratio for PYLD, currently valued at 3.26, compared to the broader market-2.000.002.004.006.003.26
Sortino ratio
The chart of Sortino ratio for PYLD, currently valued at 5.04, compared to the broader market-2.000.002.004.006.008.0010.0012.005.04
Omega ratio
The chart of Omega ratio for PYLD, currently valued at 1.69, compared to the broader market1.001.502.002.503.001.69
Calmar ratio
The chart of Calmar ratio for PYLD, currently valued at 6.28, compared to the broader market0.005.0010.0015.006.28
Martin ratio
The chart of Martin ratio for PYLD, currently valued at 19.40, compared to the broader market0.0020.0040.0060.0080.00100.0019.40
BINC
Sharpe ratio
The chart of Sharpe ratio for BINC, currently valued at 3.19, compared to the broader market-2.000.002.004.006.003.19
Sortino ratio
The chart of Sortino ratio for BINC, currently valued at 5.22, compared to the broader market-2.000.002.004.006.008.0010.0012.005.22
Omega ratio
The chart of Omega ratio for BINC, currently valued at 1.71, compared to the broader market1.001.502.002.503.001.71
Calmar ratio
The chart of Calmar ratio for BINC, currently valued at 8.06, compared to the broader market0.005.0010.0015.008.06
Martin ratio
The chart of Martin ratio for BINC, currently valued at 24.88, compared to the broader market0.0020.0040.0060.0080.00100.0024.88

PYLD vs. BINC - Sharpe Ratio Comparison

The current PYLD Sharpe Ratio is 3.26, which is comparable to the BINC Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of PYLD and BINC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00Jun 30Jul 07Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03
3.26
3.19
PYLD
BINC

Dividends

PYLD vs. BINC - Dividend Comparison

PYLD's dividend yield for the trailing twelve months is around 5.72%, more than BINC's 5.52% yield.


TTM2023
PYLD
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund
5.72%2.72%
BINC
BlackRock Flexible Income ETF
5.52%3.13%

Drawdowns

PYLD vs. BINC - Drawdown Comparison

The maximum PYLD drawdown since its inception was -4.52%, which is greater than BINC's maximum drawdown of -1.95%. Use the drawdown chart below to compare losses from any high point for PYLD and BINC. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.01%
-0.47%
PYLD
BINC

Volatility

PYLD vs. BINC - Volatility Comparison

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a higher volatility of 1.20% compared to BlackRock Flexible Income ETF (BINC) at 0.65%. This indicates that PYLD's price experiences larger fluctuations and is considered to be riskier than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
1.20%
0.65%
PYLD
BINC