VAGIX vs. PIMIX
Compare and contrast key facts about Value Line Core Bond Fund (VAGIX) and PIMCO Income Fund Institutional Class (PIMIX).
VAGIX is managed by Value Line. It was launched on Feb 18, 1986. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VAGIX or PIMIX.
Key characteristics
| VAGIX | PIMIX | |
|---|---|---|
| YTD Return | 4.37% | 6.13% |
| 1Y Return | 9.64% | 11.58% |
| 3Y Return (Ann) | -1.90% | 2.48% |
| 5Y Return (Ann) | -0.13% | 3.77% |
| 10Y Return (Ann) | 1.32% | 4.41% |
| Sharpe Ratio | 1.46 | 2.29 |
| Daily Std Dev | 6.37% | 4.97% |
| Max Drawdown | -70.59% | -13.39% |
| Current Drawdown | -6.97% | -0.18% |
Correlation
The correlation between VAGIX and PIMIX is 0.40, 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
VAGIX vs. PIMIX - Performance Comparison
In the year-to-date period, VAGIX achieves a 4.37% return, which is significantly lower than PIMIX's 6.13% return. Over the past 10 years, VAGIX has underperformed PIMIX with an annualized return of 1.32%, while PIMIX has yielded a comparatively higher 4.41% annualized return. 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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VAGIX vs. PIMIX - Expense Ratio Comparison
VAGIX has a 0.90% expense ratio, which is higher than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
VAGIX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Value Line Core Bond Fund (VAGIX) 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.
Dividends
VAGIX vs. PIMIX - Dividend Comparison
VAGIX's dividend yield for the trailing twelve months is around 3.54%, less than PIMIX's 6.11% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VAGIX Value Line Core Bond Fund | 3.54% | 2.95% | 1.82% | 2.55% | 1.86% | 2.33% | 2.38% | 2.27% | 1.76% | 1.95% | 1.73% | 1.42% |
PIMIX PIMCO Income Fund Institutional Class | 6.11% | 6.73% | 6.39% | 4.02% | 4.84% | 5.80% | 5.62% | 5.39% | 5.57% | 7.92% | 6.51% | 5.60% |
Drawdowns
VAGIX vs. PIMIX - Drawdown Comparison
The maximum VAGIX drawdown since its inception was -70.59%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for VAGIX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
VAGIX vs. PIMIX - Volatility Comparison
Value Line Core Bond Fund (VAGIX) has a higher volatility of 1.17% compared to PIMCO Income Fund Institutional Class (PIMIX) at 0.75%. This indicates that VAGIX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.