PDX vs PEO: Correlation
Measured on weekly returns over the past three years, PIMCO Dynamic Income Strategy Fund (PDX) and Adams Natural Resources Fund, Inc. (PEO) carry a correlation of 0.53, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are PDX and PEO?
On 3 years of weekly data the PDX/PEO correlation comes out at 0.53, moderate. Recent behaviour matches the longer record: 0.58 over 1 year against 0.53 over 3. The 5-year figure is 0.70, and annualized covariance runs at 277.4 %².
Within PDX's tracked universe of 12 assets, PEO comes in at #4 by 3-year correlation. Their recent paths diverged sharply: over the last 12 months PEO outperformed by 30.7 percentage points (+10.9% for PDX against +41.6% for PEO).
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
PDX vs PEO: side by side
| PDX (PIMCO Dynamic Income Strategy Fund) | PEO (Adams Natural Resources Fund, Inc.) | |
|---|---|---|
| 1-year return | +10.9% | +41.6% |
| 5-year return | +203.4% | +179.3% |
| Volatility (ann.) | 26.1% | 20.2% |
| Beta vs S&P 500 | 0.40 | 0.30 |
| Max drawdown (3Y) | -37.2% | -18.9% |
| Market cap | $1.0B | $0.8B |
| P/E (trailing) | – | 4.8 |
| Dividend yield | 0.00% | 7.09% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | PDX | PEO |
|---|---|---|
| 2022 | +23.0% | +41.8% |
| 2023 | +44.5% | +0.9% |
| 2024 | +37.0% | +13.6% |
| 2025 | -10.6% | +10.0% |
| 2026 | +21.0% | +38.5% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are PDX and PEO good diversifiers for each other?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
FAQ
What is the correlation between PDX and PEO?
The PDX/PEO correlation stands at 0.53 on a 3-year window (1 year: 0.58, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is PEO a good diversifier for PDX?
Somewhat, no more. With 0.53 correlation, most large moves hit both names, and the diversification benefit stays modest.
What does a correlation of 0.53 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/pdx-vs-peo.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/pdx-vs-peo/)
Free with attribution; caching and terms are described in the API documentation.
Related comparisons
Hubs: PDX correlations · PEO correlations
