RPELX vs. PDI
RPELX (T. Rowe Price Dynamic Credit Fund) is Nontraditional Bonds fund managed by T. Rowe Price, while PDI (PIMCO Dynamic Income Fund) is a stock. Over the past 5 years, RPELX returned 2.94%/yr vs 2.52%/yr for PDI. Their 0.02 correlation means their historical movements had little consistent relationship.
Performance
RPELX vs. PDI - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with RPELX having a -1.33% return and PDI slightly lower at -1.34%.
RPELX
- 1D
- 0.48%
- 1M
- -1.29%
- 6M
- -2.27%
- YTD
- -1.33%
- 1Y
- 0.75%
- 3Y*
- 5.30%
- 5Y*
- 2.94%
- 10Y*
- —
- ALL TIME*
- 4.09%
PDI
- 1D
- -0.68%
- 1M
- -2.92%
- 6M
- -5.41%
- YTD
- -1.34%
- 1Y
- -3.63%
- 3Y*
- 8.66%
- 5Y*
- 2.52%
- 10Y*
- 6.63%
- ALL TIME*
- 9.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $42.57M | $40.75M | $45.28M | |
| $0.00 | $0.00 | $0.00 |
RPELX vs. PDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
RPELX T. Rowe Price Dynamic Credit Fund | -1.33% | 7.13% | 7.47% | 2.92% | -0.81% | 6.37% | 2.52% | 7.00% |
PDI PIMCO Dynamic Income Fund | -1.34% | 11.03% | 17.18% | 11.99% | -16.99% | 7.81% | -9.96% | 16.17% |
Correlation
The correlation between RPELX and PDI is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 15, 2019 | 0.02 |
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
RPELX vs. PDI — Risk / Return Rank
RPELX
PDI
RPELX vs. PDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dynamic Credit Fund (RPELX) and PIMCO Dynamic Income Fund (PDI). 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.
| RPELX | PDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.53 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 0.95 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.27 | -0.32 | +0.59 |
| Martin ratioReturn relative to average drawdown | 0.89 | -0.61 | +1.50 |
Loading charts...
Drawdowns
RPELX vs. PDI - Drawdown Comparison
The maximum RPELX drawdown since its inception was -19.94%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for RPELX and PDI.
Loading charts...
Drawdown Indicators
| RPELX | PDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.94% | -46.47% | +26.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -10.95% | +8.12% |
Max Drawdown (3Y)Largest decline over 3 years | -3.16% | -17.55% | +14.39% |
Max Drawdown (5Y)Largest decline over 5 years | -7.25% | -27.19% | +19.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -46.47% | — |
Current DrawdownCurrent decline from peak | -2.36% | -9.05% | +6.69% |
Average DrawdownAverage peak-to-trough decline | -1.95% | -6.23% | +4.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 5.78% | -4.93% |
Volatility
RPELX vs. PDI - Volatility Comparison
The current volatility for T. Rowe Price Dynamic Credit Fund (RPELX) is 1.23%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 3.04%. This indicates that RPELX experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RPELX | PDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 3.04% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 8.89% | -6.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.34% | 11.83% | -8.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.78% | 15.58% | -11.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 19.05% | -14.33% |
Dividends
RPELX vs. PDI - Dividend Comparison
RPELX's dividend yield for the trailing twelve months is around 6.19%, less than PDI's 16.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDI PIMCO Dynamic Income Fund | 16.54% | 14.94% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 18.70% |
RPELX T. Rowe Price Dynamic Credit Fund | 6.19% | 7.49% | 6.95% | 4.90% | 8.05% | 5.39% | 7.16% | 4.43% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
RPELX and PDI have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDI has higher volatility (3.04%) compared to RPELX (1.23%). In terms of maximum drawdown, RPELX dropped -19.94% vs PDI's -46.47%.
RPELX currently has the higher Sharpe Ratio (0.23 vs -0.30), 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 RPELX and PDI
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