TBWIX vs. PISIX
Compare and contrast key facts about Thornburg Better World International Fund (TBWIX) and PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX).
TBWIX is managed by Thornburg. It was launched on Sep 30, 2015. PISIX is managed by PIMCO. It was launched on Oct 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBWIX or PISIX.
Key characteristics
| TBWIX | PISIX | |
|---|---|---|
| YTD Return | 12.24% | 12.33% |
| 1Y Return | 14.54% | 16.46% |
| 3Y Return (Ann) | 0.06% | 7.99% |
| 5Y Return (Ann) | 11.77% | 10.35% |
| Sharpe Ratio | 1.34 | 1.41 |
| Daily Std Dev | 11.13% | 12.02% |
| Max Drawdown | -32.65% | -57.47% |
| Current Drawdown | -1.72% | -3.30% |
Correlation
The correlation between TBWIX and PISIX is 0.60, 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
TBWIX vs. PISIX - Performance Comparison
The year-to-date returns for both investments are quite close, with TBWIX having a 12.24% return and PISIX slightly higher at 12.33%. 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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TBWIX vs. PISIX - Expense Ratio Comparison
TBWIX has a 1.21% expense ratio, which is higher than PISIX's 0.76% expense ratio.
Risk-Adjusted Performance
TBWIX vs. PISIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Better World International Fund (TBWIX) and PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX). 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
TBWIX vs. PISIX - Dividend Comparison
TBWIX's dividend yield for the trailing twelve months is around 1.38%, less than PISIX's 12.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBWIX Thornburg Better World International Fund | 1.38% | 1.55% | 0.87% | 15.10% | 0.40% | 1.29% | 10.14% | 3.53% | 5.99% | 0.00% | 0.00% | 0.00% |
PISIX PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) | 12.87% | 9.37% | 10.11% | 7.31% | 1.42% | 11.47% | 8.00% | 7.36% | 1.02% | 8.16% | 11.97% | 6.13% |
Drawdowns
TBWIX vs. PISIX - Drawdown Comparison
The maximum TBWIX drawdown since its inception was -32.65%, smaller than the maximum PISIX drawdown of -57.47%. Use the drawdown chart below to compare losses from any high point for TBWIX and PISIX. For additional features, visit the drawdowns tool.
Volatility
TBWIX vs. PISIX - Volatility Comparison
Thornburg Better World International Fund (TBWIX) and PIMCO StocksPLUS International Fund (U.S. Dollar-Hedged) (PISIX) have volatilities of 2.83% and 2.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.