TSIIX vs. PYLD
Compare and contrast key facts about Thornburg Strategic Income Fund (TSIIX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD).
TSIIX is managed by Thornburg. It was launched on Dec 18, 2007. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TSIIX or PYLD.
Correlation
The correlation between TSIIX and PYLD is 0.23, 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.
Performance
TSIIX vs. PYLD - Performance Comparison
Key characteristics
TSIIX:
1.98
PYLD:
2.52
TSIIX:
3.09
PYLD:
3.64
TSIIX:
1.38
PYLD:
1.51
TSIIX:
3.22
PYLD:
3.33
TSIIX:
7.35
PYLD:
11.88
TSIIX:
0.99%
PYLD:
0.78%
TSIIX:
3.67%
PYLD:
3.64%
TSIIX:
-24.71%
PYLD:
-4.52%
TSIIX:
-0.59%
PYLD:
-1.06%
Returns By Period
In the year-to-date period, TSIIX achieves a 2.19% return, which is significantly higher than PYLD's 1.93% return.
TSIIX
2.19%
-0.42%
2.33%
6.61%
4.33%
3.75%
PYLD
1.93%
-0.46%
2.87%
8.40%
N/A
N/A
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TSIIX vs. PYLD - Expense Ratio Comparison
TSIIX has a 0.60% expense ratio, which is higher than PYLD's 0.55% expense ratio.
Risk-Adjusted Performance
TSIIX vs. PYLD — Risk-Adjusted Performance Rank
TSIIX
PYLD
TSIIX vs. PYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Strategic Income Fund (TSIIX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). 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
TSIIX vs. PYLD - Dividend Comparison
TSIIX's dividend yield for the trailing twelve months is around 5.35%, less than PYLD's 6.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TSIIX Thornburg Strategic Income Fund | 5.35% | 5.11% | 4.50% | 3.81% | 3.94% | 3.71% | 3.83% | 3.42% | 3.60% | 3.42% | 4.26% | 4.52% |
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 6.03% | 5.97% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TSIIX vs. PYLD - Drawdown Comparison
The maximum TSIIX drawdown since its inception was -24.71%, which is greater than PYLD's maximum drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for TSIIX and PYLD. For additional features, visit the drawdowns tool.
Volatility
TSIIX vs. PYLD - Volatility Comparison
The current volatility for Thornburg Strategic Income Fund (TSIIX) is 1.51%, while PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) has a volatility of 1.90%. This indicates that TSIIX experiences smaller price fluctuations and is considered to be less risky than PYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.