TFAQX vs. PDX

Last updated Apr 1, 2026

Compare and contrast key facts about TFA Quantitative Fund (TFAQX) and PIMCO Dynamic Income Strategy Fund (PDX).

TFAQX is managed by Tactical Fund Advisors. It was launched on May 17, 2020. PDX is an actively managed fund by PIMCO. It was launched on Feb 1, 2019.

Performance

TFAQX vs. PDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TFA Quantitative Fund (TFAQX) and PIMCO Dynamic Income Strategy Fund (PDX). The values are adjusted to include any dividend payments, if applicable.

TFAQX vs. PDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
TFAQX TFA Quantitative Fund	-9.57%	11.41%	22.12%	23.25%	-25.11%	10.88%	18.19%
PDX PIMCO Dynamic Income Strategy Fund	19.83%	-10.59%	36.99%	44.51%	23.02%	68.79%	10.15%

Returns By Period

In the year-to-date period, TFAQX achieves a -9.57% return, which is significantly lower than PDX's 19.83% return.

TFAQX

• 1D: -0.78%
• 1M: -8.35%
• YTD: -9.57%
• 6M: -8.66%
• 1Y: 9.82%
• 3Y*: 12.42%
• 5Y*: 4.79%
• 10Y*: —

PDX

• 1D: 0.32%
• 1M: 9.93%
• YTD: 19.83%
• 6M: 6.73%
• 1Y: 12.24%
• 3Y*: 28.85%
• 5Y*: 27.34%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TFAQX vs. PDX - Expense Ratio Comparison

TFAQX has a 1.98% expense ratio, which is lower than PDX's 2.31% expense ratio.

PDX

PIMCO Dynamic Income Strategy Fund

TFAQX

TFA Quantitative Fund

Return for Risk

TFAQX vs. PDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TFAQX

TFAQX Risk / Return Rank: 17
TFAQX Sharpe Ratio Rank: 17
TFAQX Sortino Ratio Rank: 16
TFAQX Omega Ratio Rank: 19
TFAQX Calmar Ratio Rank: 18
TFAQX Martin Ratio Rank: 17

PDX

PDX Risk / Return Rank: 22
PDX Sharpe Ratio Rank: 22
PDX Sortino Ratio Rank: 20
PDX Omega Ratio Rank: 26
PDX Calmar Ratio Rank: 24
PDX Martin Ratio Rank: 17

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TFAQX vs. PDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TFA Quantitative Fund (TFAQX) and PIMCO Dynamic Income Strategy Fund (PDX). 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.

	TFAQX	PDX	Difference
Sharpe ratio Return per unit of total volatility	0.49	0.54	-0.06
Sortino ratio Return per unit of downside risk	0.77	0.83	-0.06
Omega ratio Gain probability vs. loss probability	1.12	1.14	-0.02
Calmar ratio Return relative to maximum drawdown	0.54	0.71	-0.17
Martin ratio Return relative to average drawdown	1.80	1.74	+0.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TFAQX vs. PDX - Sharpe Ratio Comparison

The current TFAQX Sharpe Ratio is 0.49, which is comparable to the PDX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of TFAQX and PDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TFAQX	PDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.49	0.54	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.28	1.07	-0.79
Sharpe Ratio (All Time) Calculated using the full available price history	0.41	0.32	+0.09

Correlation

The correlation between TFAQX and PDX is 0.34, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TFAQX vs. PDX - Dividend Comparison

TFAQX's dividend yield for the trailing twelve months is around 11.23%, less than PDX's 20.72% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
TFAQX TFA Quantitative Fund	11.23%	10.16%	0.00%	0.03%	5.06%	20.52%	4.62%	0.00%
PDX PIMCO Dynamic Income Strategy Fund	20.72%	24.34%	6.31%	4.30%	5.89%	5.28%	14.11%	9.58%

Drawdowns

TFAQX vs. PDX - Drawdown Comparison

The maximum TFAQX drawdown since its inception was -27.78%, smaller than the maximum PDX drawdown of -80.63%. Use the drawdown chart below to compare losses from any high point for TFAQX and PDX.

Drawdown Indicators

	TFAQX	PDX	Difference
Max Drawdown Largest peak-to-trough decline	-27.78%	-80.63%	+52.85%
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	-20.21%	+7.36%
Max Drawdown (5Y) Largest decline over 5 years	-27.78%	-37.24%	+9.46%
Current Drawdown Current decline from peak	-12.85%	-12.96%	+0.11%
Average Drawdown Average peak-to-trough decline	-8.66%	-18.92%	+10.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.29%	8.25%	-3.96%

Volatility

TFAQX vs. PDX - Volatility Comparison

TFA Quantitative Fund (TFAQX) has a higher volatility of 5.22% compared to PIMCO Dynamic Income Strategy Fund (PDX) at 4.60%. This indicates that TFAQX's price experiences larger fluctuations and is considered to be riskier than PDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TFAQX	PDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	4.60%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	12.31%	11.16%	+1.15%
Volatility (1Y) Calculated over the trailing 1-year period	21.43%	22.72%	-1.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	25.78%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.38%	36.86%	-19.48%