SCFIX vs. PIMIX
SCFIX (Shenkman Capital Short Duration High Income Fund) and PIMIX (PIMCO Income Fund Institutional Class) are both mutual funds - SCFIX is a High Yield Bonds fund managed by Shenkman Funds, while PIMIX is a Multisector Bonds fund actively managed by PIMCO. Over the past 10 years, SCFIX returned 4.39%/yr vs 4.70%/yr for PIMIX. At a 0.45 correlation, their price movements are largely independent. SCFIX charges 0.67%/yr vs 0.54%/yr for PIMIX.
Performance
SCFIX vs. PIMIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SCFIX achieves a 1.42% return, which is significantly higher than PIMIX's 0.91% return. Over the past 10 years, SCFIX has underperformed PIMIX with an annualized return of 4.39%, while PIMIX has yielded a comparatively higher 4.70% annualized return.
SCFIX
- 1D
- 0.20%
- 1M
- 0.34%
- YTD
- 1.42%
- 6M
- 1.92%
- 1Y
- 5.23%
- 3Y*
- 6.61%
- 5Y*
- 4.43%
- 10Y*
- 4.39%
PIMIX
- 1D
- 0.56%
- 1M
- 1.76%
- YTD
- 0.91%
- 6M
- 1.78%
- 1Y
- 7.88%
- 3Y*
- 7.70%
- 5Y*
- 3.44%
- 10Y*
- 4.70%
SCFIX vs. PIMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SCFIX Shenkman Capital Short Duration High Income Fund | 1.42% | 7.02% | 6.11% | 9.24% | -2.52% | 5.08% | 3.36% | 7.61% | 0.85% | 3.54% |
PIMIX PIMCO Income Fund Institutional Class | 0.91% | 11.08% | 5.45% | 9.36% | -9.07% | 2.62% | 5.84% | 8.10% | 0.63% | 8.63% |
Correlation
The correlation between SCFIX and PIMIX is 0.50, 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 | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013 | 0.45 |
The correlation between SCFIX and PIMIX has been stable across timeframes, ranging from 0.45 to 0.53 - 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
SCFIX vs. PIMIX — Risk / Return Rank
SCFIX
PIMIX
SCFIX vs. PIMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Shenkman Capital Short Duration High Income Fund (SCFIX) and PIMCO Income Fund Institutional Class (PIMIX). 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.
| SCFIX | PIMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +2.31 | ||
| Omega ratioGain probability vs. loss probability | 1.76 | 1.36 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 4.62 | 2.12 | +2.49 |
| Martin ratioReturn relative to average drawdown | 24.75 | 7.21 | +17.54 |
Loading charts...
Drawdowns
SCFIX vs. PIMIX - Drawdown Comparison
The maximum SCFIX drawdown since its inception was -13.08%, roughly equal to the maximum PIMIX drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for SCFIX and PIMIX.
Loading charts...
Drawdown Indicators
| SCFIX | PIMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.08% | -13.39% | +0.31% |
Max Drawdown (1Y)Largest decline over 1 year | -1.11% | -3.69% | +2.58% |
Max Drawdown (3Y)Largest decline over 3 years | -1.72% | -3.84% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -13.34% | +7.04% |
Max Drawdown (10Y)Largest decline over 10 years | -13.08% | -13.39% | +0.31% |
Current DrawdownCurrent decline from peak | 0.00% | -1.02% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -0.51% | -1.69% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.21% | 1.08% | -0.87% |
Volatility
SCFIX vs. PIMIX - Volatility Comparison
The current volatility for Shenkman Capital Short Duration High Income Fund (SCFIX) is 0.48%, while PIMCO Income Fund Institutional Class (PIMIX) has a volatility of 1.67%. This indicates that SCFIX experiences smaller price fluctuations and is considered to be less risky than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SCFIX | PIMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.48% | 1.67% | -1.19% |
Volatility (6M)Calculated over the trailing 6-month period | 1.30% | 3.37% | -2.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.64% | 4.17% | -2.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.77% | 4.86% | -2.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.28% | 4.26% | -0.98% |
SCFIX vs. PIMIX - Expense Ratio Comparison
SCFIX has a 0.67% expense ratio, which is higher than PIMIX's 0.54% expense ratio.
Dividends
SCFIX vs. PIMIX - Dividend Comparison
SCFIX's dividend yield for the trailing twelve months is around 5.32%, less than PIMIX's 5.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIMIX PIMCO Income Fund Institutional Class | 5.83% | 6.01% | 6.27% | 6.21% | 4.98% | 4.02% | 4.88% | 5.83% | 5.66% | 5.37% | 5.52% | 7.88% |
SCFIX Shenkman Capital Short Duration High Income Fund | 5.32% | 5.54% | 5.85% | 5.21% | 3.86% | 4.93% | 3.24% | 3.78% | 3.87% | 3.09% | 3.07% | 3.38% |
Frequently Asked Questions
SCFIX and PIMIX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIMIX has higher volatility (1.67%) compared to SCFIX (0.48%). In terms of maximum drawdown, SCFIX dropped -13.08% vs PIMIX's -13.39%.
SCFIX currently has the higher Sharpe Ratio (3.13 vs 1.88), 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 SCFIX and PIMIX
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