PYLD vs. LDUR
Compare and contrast key facts about PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and PIMCO Enhanced Low Duration Active ETF (LDUR).
PYLD and LDUR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023. LDUR is an actively managed fund by PIMCO. It was launched on Jan 22, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PYLD or LDUR.
Key characteristics
| PYLD | LDUR | |
|---|---|---|
| YTD Return | 6.85% | 4.23% |
| 1Y Return | 13.56% | 7.26% |
| Sharpe Ratio | 3.41 | 3.36 |
| Sortino Ratio | 5.31 | 5.54 |
| Omega Ratio | 1.74 | 1.77 |
| Calmar Ratio | 6.51 | 2.66 |
| Martin Ratio | 20.03 | 30.97 |
| Ulcer Index | 0.67% | 0.23% |
| Daily Std Dev | 3.97% | 2.14% |
| Max Drawdown | -4.52% | -8.68% |
| Current Drawdown | -1.05% | -0.50% |
Correlation
The correlation between PYLD and LDUR is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PYLD vs. LDUR - Performance Comparison
In the year-to-date period, PYLD achieves a 6.85% return, which is significantly higher than LDUR's 4.23% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PYLD vs. LDUR - Expense Ratio Comparison
PYLD has a 0.55% expense ratio, which is lower than LDUR's 0.56% expense ratio.
Risk-Adjusted Performance
PYLD vs. LDUR - 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 PIMCO Enhanced Low Duration Active ETF (LDUR). 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.
Dividends
PYLD vs. LDUR - Dividend Comparison
PYLD's dividend yield for the trailing twelve months is around 5.72%, more than LDUR's 5.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 5.72% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LDUR PIMCO Enhanced Low Duration Active ETF | 5.50% | 4.87% | 2.22% | 0.90% | 2.15% | 3.14% | 3.36% | 2.08% | 1.85% | 2.92% | 1.66% |
Drawdowns
PYLD vs. LDUR - Drawdown Comparison
The maximum PYLD drawdown since its inception was -4.52%, smaller than the maximum LDUR drawdown of -8.68%. Use the drawdown chart below to compare losses from any high point for PYLD and LDUR. For additional features, visit the drawdowns tool.
Volatility
PYLD vs. LDUR - Volatility Comparison
PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a higher volatility of 1.20% compared to PIMCO Enhanced Low Duration Active ETF (LDUR) at 0.56%. This indicates that PYLD's price experiences larger fluctuations and is considered to be riskier than LDUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.