PZRMX vs. IBIG
PZRMX (PIMCO Inflation Response Multi-Asset Fund) and IBIG (iShares iBonds Oct 2030 Term TIPS ETF) are both funds - PZRMX is a Diversified Portfolio fund managed by PIMCO, while IBIG is a Inflation-Protected Bonds fund tracking the ICE 2030 Maturity US Inflation-Linked Treasury Index. Over the past year, PZRMX returned 13.65% vs 3.49% for IBIG. A 0.58 correlation means they provide meaningful diversification when combined. PZRMX charges 1.18%/yr vs 0.10%/yr for IBIG.
Performance
PZRMX vs. IBIG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PZRMX achieves a 5.12% return, which is significantly higher than IBIG's 0.71% return.
PZRMX
- 1D
- -0.34%
- 1M
- -1.72%
- YTD
- 5.12%
- 6M
- 5.11%
- 1Y
- 13.65%
- 3Y*
- 12.77%
- 5Y*
- 7.94%
- 10Y*
- 7.03%
IBIG
- 1D
- -0.31%
- 1M
- -0.46%
- YTD
- 0.71%
- 6M
- 0.85%
- 1Y
- 3.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PZRMX vs. IBIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PZRMX PIMCO Inflation Response Multi-Asset Fund | 5.12% | 16.18% | 12.47% | 2.75% |
IBIG iShares iBonds Oct 2030 Term TIPS ETF | 0.71% | 7.90% | 2.60% | 4.26% |
Correlation
The correlation between PZRMX and IBIG is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023 | 0.58 |
The correlation between PZRMX and IBIG has been stable across timeframes, ranging from 0.52 to 0.58 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PZRMX vs. IBIG — Risk / Return Rank
PZRMX
IBIG
PZRMX vs. IBIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Inflation Response Multi-Asset Fund (PZRMX) and iShares iBonds Oct 2030 Term TIPS ETF (IBIG). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PZRMX | IBIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.94 | ||
| Sortino ratioReturn per unit of downside risk | +1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.24 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 4.07 | 2.60 | +1.47 |
| Martin ratioReturn relative to average drawdown | 14.68 | 8.07 | +6.61 |
Loading charts...
Drawdowns
PZRMX vs. IBIG - Drawdown Comparison
The maximum PZRMX drawdown since its inception was -19.71%, which is greater than IBIG's maximum drawdown of -3.21%. Use the drawdown chart below to compare losses from any high point for PZRMX and IBIG.
Loading charts...
Drawdown Indicators
| PZRMX | IBIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.71% | -3.21% | -16.50% |
Max Drawdown (1Y)Largest decline over 1 year | -3.35% | -1.35% | -2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -4.96% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.57% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.18% | — | — |
Current DrawdownCurrent decline from peak | -2.73% | -1.35% | -1.38% |
Average DrawdownAverage peak-to-trough decline | -4.58% | -0.77% | -3.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 0.43% | +0.50% |
Volatility
PZRMX vs. IBIG - Volatility Comparison
PIMCO Inflation Response Multi-Asset Fund (PZRMX) has a higher volatility of 1.64% compared to iShares iBonds Oct 2030 Term TIPS ETF (IBIG) at 0.98%. This indicates that PZRMX's price experiences larger fluctuations and is considered to be riskier than IBIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PZRMX | IBIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 0.98% | +0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 4.80% | 1.87% | +2.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 2.66% | +3.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.35% | 4.28% | +4.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.55% | 4.28% | +3.27% |
PZRMX vs. IBIG - Expense Ratio Comparison
PZRMX has a 1.18% expense ratio, which is higher than IBIG's 0.10% expense ratio.
Dividends
PZRMX vs. IBIG - Dividend Comparison
PZRMX's dividend yield for the trailing twelve months is around 8.34%, more than IBIG's 3.92% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBIG iShares iBonds Oct 2030 Term TIPS ETF | 3.92% | 4.70% | 4.15% | 0.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PZRMX PIMCO Inflation Response Multi-Asset Fund | 8.34% | 2.35% | 9.84% | 0.00% | 13.86% | 11.20% | 0.54% | 2.56% | 11.15% | 6.06% | 0.16% | 2.73% |
Frequently Asked Questions
PZRMX and IBIG have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PZRMX has higher volatility (1.64%) compared to IBIG (0.98%). In terms of maximum drawdown, PZRMX dropped -19.71% vs IBIG's -3.21%.
PZRMX currently has the higher Sharpe Ratio (2.26 vs 1.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PZRMX and IBIG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer