TTDAX vs. PWLIX
Compare and contrast key facts about Toews Tactical Defensive Alpha Fund (TTDAX) and PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX).
TTDAX is managed by Toews Funds. It was launched on Jan 6, 2016. PWLIX is managed by PIMCO. It was launched on Dec 3, 2014.
Performance
TTDAX vs. PWLIX - Performance Comparison
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TTDAX vs. PWLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TTDAX Toews Tactical Defensive Alpha Fund | -5.84% | 10.90% | 2.87% | 7.65% | -16.61% | 12.36% | 17.14% | 22.12% | -7.35% | 14.90% |
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund | 9.51% | 4.64% | 4.65% | 4.04% | 4.33% | 15.15% | -12.66% | 9.60% | 0.49% | 11.69% |
Returns By Period
In the year-to-date period, TTDAX achieves a -5.84% return, which is significantly lower than PWLIX's 9.51% return.
TTDAX
- 1D
- 0.00%
- 1M
- -6.45%
- YTD
- -5.84%
- 6M
- -2.81%
- 1Y
- 9.39%
- 3Y*
- 4.93%
- 5Y*
- 0.27%
- 10Y*
- —
PWLIX
- 1D
- 1.13%
- 1M
- 0.50%
- YTD
- 9.51%
- 6M
- 8.92%
- 1Y
- 6.36%
- 3Y*
- 8.08%
- 5Y*
- 7.13%
- 10Y*
- 5.83%
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TTDAX vs. PWLIX - Expense Ratio Comparison
TTDAX has a 1.25% expense ratio, which is higher than PWLIX's 1.19% expense ratio.
Return for Risk
TTDAX vs. PWLIX — Risk / Return Rank
TTDAX
PWLIX
TTDAX vs. PWLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Toews Tactical Defensive Alpha Fund (TTDAX) and PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX). 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.
| TTDAX | PWLIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 0.79 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.26 | 1.14 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.15 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.21 | 1.38 | -0.17 |
Martin ratioReturn relative to average drawdown | 5.70 | 2.63 | +3.07 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TTDAX | PWLIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.79 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.81 | -0.79 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.65 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.54 | -0.20 |
Correlation
The correlation between TTDAX and PWLIX is 0.27, 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
TTDAX vs. PWLIX - Dividend Comparison
TTDAX's dividend yield for the trailing twelve months is around 2.20%, less than PWLIX's 6.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TTDAX Toews Tactical Defensive Alpha Fund | 2.20% | 2.07% | 3.30% | 2.56% | 1.03% | 26.63% | 4.08% | 7.49% | 1.35% | 13.58% | 0.00% | 0.00% |
PWLIX PIMCO RAE Worldwide Long/Short PLUS Fund | 6.07% | 6.65% | 4.75% | 5.51% | 14.75% | 11.99% | 7.31% | 6.79% | 0.39% | 10.82% | 4.16% | 3.61% |
Drawdowns
TTDAX vs. PWLIX - Drawdown Comparison
The maximum TTDAX drawdown since its inception was -34.31%, which is greater than PWLIX's maximum drawdown of -26.92%. Use the drawdown chart below to compare losses from any high point for TTDAX and PWLIX.
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Drawdown Indicators
| TTDAX | PWLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.31% | -26.92% | -7.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.30% | -5.79% | -1.51% |
Max Drawdown (5Y)Largest decline over 5 years | -25.09% | -11.74% | -13.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.92% | — |
Current DrawdownCurrent decline from peak | -7.30% | 0.00% | -7.30% |
Average DrawdownAverage peak-to-trough decline | -7.03% | -4.16% | -2.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 3.03% | -1.48% |
Volatility
TTDAX vs. PWLIX - Volatility Comparison
Toews Tactical Defensive Alpha Fund (TTDAX) has a higher volatility of 3.95% compared to PIMCO RAE Worldwide Long/Short PLUS Fund (PWLIX) at 2.39%. This indicates that TTDAX's price experiences larger fluctuations and is considered to be riskier than PWLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TTDAX | PWLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 2.39% | +1.56% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 6.03% | +2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.94% | 9.04% | +1.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.37% | 8.86% | +4.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.52% | 8.94% | +7.58% |