DECT vs PAI

Comparison between ALLIANZIM U.S. EQUITY BUFFER10 DEC ETF (DECT, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

DECT vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DECT(ETF)	PAI(ETF)
Net Assets	$125M	$125M
Expense Ratio	0.74%	N/A
Max Drawdown	13.26%	45.93%
Sharpe Ratio	1.57	-0.06
5Y Beta	0.61	0.22
5Y Dividends CAGR	N/A	3.60%

Net Assets

DECT

$125M

Winner

PAI

$125M

Expense Ratio

DECT

0.74%

PAI

N/A

Max Drawdown

Winner

DECT

13.26%

PAI

45.93%

Sharpe Ratio

Winner

DECT

1.57

PAI

-0.06

5Y Beta

DECT

0.61

Winner

PAI

0.22

5Y Dividends CAGR

DECT

N/A

PAI

3.60%

DECT vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	DECT	PAI
1 month	+0.53%	+0.03%
3 months	+7.95%	+0.98%
6 months	+6.83%	-0.23%
1 year	+19.21%	+2.15%
5 years(CAGR)	N/A	+0.04%
10 years(CAGR)	N/A	+3.21%
Max(CAGR)	+13.45%	+6.04%

Winner

DECT

+0.53%

PAI

+0.03%

Winner

DECT

+7.95%

PAI

+0.98%

Winner

DECT

+6.83%

PAI

-0.23%

Winner

DECT

+19.21%

PAI

+2.15%

5Y(CAGR)

DECT

N/A

PAI

+0.04%

10Y(CAGR)

DECT

N/A

PAI

+3.21%

Max(CAGR)

Winner

DECT

+13.45%

PAI

+6.04%

DECT vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DECT	PAI
2026	+6.28%	-1.37%
2025	+15.03%	+7.09%
2024	+12.34%	+9.44%
2023	+19.66%	+7.42%
2022	-4.33%	-21.03%
2021	N/A	+1.88%
2020	N/A	+6.17%
2019	N/A	+20.23%
2018	N/A	-11.78%
2017	N/A	+16.74%
2016	N/A	+15.58%
2015	N/A	+1.70%
2014	N/A	+7.73%
2013	N/A	-7.43%
2012	N/A	+12.40%
2011	N/A	+13.11%
2010	N/A	+6.63%
2009	N/A	+29.99%
2008	N/A	-16.92%
2007	N/A	-5.46%
2006	N/A	+16.18%
2005	N/A	-0.98%
2004	N/A	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

DECT vs PAI Drawdown Comparison

The maximum drawdown for DECT was -13.26%, occurring on Apr 8, 2025. Recovery took 86 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current DECT drawdown is -1.15%. The current PAI drawdown is -11.41%.

Rank	DECT	PAI
#1	-13.26% Feb 19, 2025 - Jun 24, 2025	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-8.96% Jul 31, 2023 - Dec 1, 2023	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-6.11% Feb 25, 2026 - Apr 14, 2026	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-5.60% Feb 2, 2023 - Apr 28, 2023	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-5.35% Dec 1, 2022 - Jan 26, 2023	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-3.86% Nov 12, 2025 - Nov 26, 2025	-13.79% May 24, 2010 - Sep 1, 2011
#7	-3.80% Jul 16, 2024 - Aug 15, 2024	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-2.87% Dec 4, 2024 - Jan 22, 2025	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-2.63% Mar 28, 2024 - May 7, 2024	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-2.38% Jun 2, 2026 - Jun 10, 2026	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-2.13% Oct 8, 2025 - Oct 20, 2025	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-1.99% May 1, 2023 - May 18, 2023	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-1.83% Jan 12, 2026 - Feb 25, 2026	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-1.72% Jul 25, 2025 - Aug 8, 2025	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-1.68% Jun 15, 2023 - Jun 30, 2023	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between DECT and PAI is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (1999 - 2026)

DECT vs PAI dividend yield comparison.

Year	DECT	PAI
2026	0.00%	1.73%
2025	0.00%	5.45%
2024	0.43%	4.83%
2023	0.00%	4.67%
2022	0.00%	4.82%
2021	0.00%	3.57%
2020	0.00%	3.82%
2019	0.00%	4.43%
2018	0.00%	5.23%
2017	0.00%	4.36%
2016	0.00%	4.82%
2015	0.00%	5.30%
2014	0.00%	5.13%
2013	0.00%	5.24%
2012	0.00%	4.84%
2011	0.00%	5.39%
2010	0.00%	6.13%
2009	0.00%	7.37%
2008	0.00%	9.37%
2007	0.00%	8.28%
2006	0.00%	5.59%
2005	0.00%	7.58%
2004	0.00%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%