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

Performance

PYLD vs. PONPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) and PIMCO Income Fund Class I-2 (PONPX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.16%
3.89%
PYLD
PONPX

Returns By Period

In the year-to-date period, PYLD achieves a 6.73% return, which is significantly higher than PONPX's 4.76% return.


PYLD

YTD

6.73%

1M

0.04%

6M

5.16%

1Y

11.40%

5Y (annualized)

N/A

10Y (annualized)

N/A

PONPX

YTD

4.76%

1M

-0.15%

6M

3.90%

1Y

9.34%

5Y (annualized)

3.07%

10Y (annualized)

4.04%

Key characteristics


PYLDPONPX
Sharpe Ratio3.022.15
Sortino Ratio4.563.25
Omega Ratio1.621.42
Calmar Ratio5.592.37
Martin Ratio16.1810.29
Ulcer Index0.72%0.90%
Daily Std Dev3.84%4.30%
Max Drawdown-4.52%-13.39%
Current Drawdown-1.17%-1.72%

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PYLD vs. PONPX - Expense Ratio Comparison

PYLD has a 0.55% expense ratio, which is lower than PONPX's 0.72% expense ratio.


PONPX
PIMCO Income Fund Class I-2
Expense ratio chart for PONPX: current value at 0.72% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.72%
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%

Correlation

-0.50.00.51.00.8

The correlation between PYLD and PONPX is 0.81, 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.

Risk-Adjusted Performance

PYLD vs. PONPX - 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 Income Fund Class I-2 (PONPX). 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.


Sharpe ratio
The chart of Sharpe ratio for PYLD, currently valued at 3.02, compared to the broader market0.002.004.003.022.15
The chart of Sortino ratio for PYLD, currently valued at 4.56, compared to the broader market-2.000.002.004.006.008.0010.0012.004.563.25
The chart of Omega ratio for PYLD, currently valued at 1.62, compared to the broader market0.501.001.502.002.503.001.621.42
The chart of Calmar ratio for PYLD, currently valued at 5.59, compared to the broader market0.005.0010.0015.005.593.92
The chart of Martin ratio for PYLD, currently valued at 16.18, compared to the broader market0.0020.0040.0060.0080.00100.0016.1810.29
PYLD
PONPX

The current PYLD Sharpe Ratio is 3.02, which is higher than the PONPX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of PYLD and PONPX, 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 Ratio1.502.002.503.003.504.00JulyAugustSeptemberOctoberNovember
3.02
2.15
PYLD
PONPX

Dividends

PYLD vs. PONPX - Dividend Comparison

PYLD's dividend yield for the trailing twelve months is around 5.72%, less than PONPX's 6.13% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%
PONPX
PIMCO Income Fund Class I-2
6.13%6.10%6.28%3.92%4.79%5.76%5.58%5.32%5.47%7.64%6.18%5.37%

Drawdowns

PYLD vs. PONPX - Drawdown Comparison

The maximum PYLD drawdown since its inception was -4.52%, smaller than the maximum PONPX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for PYLD and PONPX. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.17%
-1.72%
PYLD
PONPX

Volatility

PYLD vs. PONPX - Volatility Comparison

PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a higher volatility of 1.18% compared to PIMCO Income Fund Class I-2 (PONPX) at 1.00%. This indicates that PYLD's price experiences larger fluctuations and is considered to be riskier than PONPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
1.18%
1.00%
PYLD
PONPX