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Launched

PIMCO Inflation PLUS Active Exchange-Traded Fund

PCPINasdaqPIMCOD

$49.98−0.10 (−0.20%)

At close: Nov 2, 2026, 4:00 PM ET

D36/ 100

Rank 34 of 41 in TIPS

D36/100Rank 34 of 41inTIPS
Intraday session: down, 79 prints from 50.08 to 49.98. Range 49.98 to 50.08. Use the arrow keys to read each point.50.0050.0250.0450.0610 AM12 PM2 PM4 PM
Expense ratio
0.56%
Fund size
$115M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
15
Avg volume · 30D
18.2K sh
52W range
low $49.61high $55.58
Launched

The ETF.net PCPI Grade

Based on 5 of 6 pillars

D

Score 36 out of 100

Category
TIPS⁠
Rank
34 of 41
Six-pillar profile for PCPI. Scores out of 100: Cost 3, Risk 95, Mission not scored, Tradability 37, Holdings 43, Durability 46. Strongest: Risk (95). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 36 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F3 out of 100
    Rank 40 of 41

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    A95 out of 100
    Rank 1 of 41

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D37 out of 100
    Rank 30 of 41

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C43 out of 100
    Rank 28 of 41

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C46 out of 100
    Rank 27 of 41

Our read on PCPI

ETF.net Research

In short

DPIMCO's active answer to the TIPS index crowd: a short-duration core of inflation-linked bonds plus inflation derivatives, with managers free to shift the mix as the inflation picture does.

Stated mandate

The fund seeks an inflation-adjusted real return through prudent management. It normally invests at least 80% of net assets in inflation-indexed bonds issued by U.S. and non-U.S. governments, agencies, instrumentalities, and corporations, complemented by inflation-related derivatives and other transactions.

Why people hold it

  • Active mandate: at least 80% in inflation-indexed bonds from U.S. and non-U.S. governments, agencies and companies, plus inflation-related derivatives.
  • Primary exposure runs through short-duration TIPS and inflation breakeven positioning, which keeps interest-rate sensitivity lower than long-dated TIPS portfolios.pimco.com
  • Plain 1940 Act ETF plumbing: pays quarterly, no K-1 at tax time.

Worth knowing

  • Costs more than the index trackers that dominate this group: 0.25% net of a waiver through October 31, 2027, against a 0.33% gross fee, versus 0.03% at SCHP and STIP.
  • Thinly traded so far, so spreads can run wider than the household-name TIPS funds.
  • A 2026 launch, so the record is short, and active calls on breakevens and non-U.S. linkers can wander from a plain TIPS index.

PCPI Performance

Launched Mar 31, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
PCPI$10,162
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. PCPI $10,162. SPY $10,141. Use the arrow keys to read each point.$10,000$10,200$10,400Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PCPI. Periods over one year show the average yearly return.
PeriodPCPI
Year to dateFund launched this yearNo data
1 month+0.8%
3 months+1.6%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PCPI
YearReturn barPCPI
2026 YTD+2.9%

History from Apr 6, 2026

PCPI in the news

PCPI Dividends

Last payment
$0.32 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jun 1, 2026 $0.22; Jul 1, 2026 $0.38; Aug 3, 2026 $0.32. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 4, 2026$0.48
Aug 3, 2026Aug 5, 2026$0.32
Jul 1, 2026Jul 6, 2026$0.38
Jun 1, 2026Jun 3, 2026$0.22

PCPI Risk

Risk pillarA95 out of 100Rank 1 of 41 in TIPS
How much the fund’s monthly returns vary, scaled to a year.
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PCPI Cost

Compare PCPI and VTIP

Overpaying vs VTIP, tied cheapest in TIPS

$10,450

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PCPI 0.56%

    $11,088

  • VTIP 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • PCPI 0.56%
  • VTIP 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PCPI $11,088VTIP $638

Year by year

YearPCPIVTIPOverpaying
10$1,006$55$951
20$3,855$216$3,639
30$11,088$638$10,450

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