PCQ vs LGH

Comparison between Pimco California Municipal Income Fund (PCQ, ETF) and HCM DEFENDER 500 INDEX ETF (LGH, ETF).

5-Year PerformanceLGH has outperformed PCQ, delivering a return of +10.5% compared to -9.7%

PCQ vs LGH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCQ(ETF)	LGH(ETF)
Net Assets	$556M	$556M
Expense Ratio	N/A	1.00%
Max Drawdown	60.60%	29.60%
Sharpe Ratio	0.81	1.10
5Y Beta	0.14	0.97
P/E Ratio	N/A	29.33
Forward P/E	N/A	22.72
PEG Ratio	N/A	0.47
5Y Dividends CAGR	-8.38%	42.11%
5Y EPS CAGR	N/A	27.33%
Debt to Equity	N/A	32.18%
P/S Ratio	N/A	4.02
P/B Ratio	N/A	5.97

Net Assets

Winner

PCQ

$556M

LGH

$556M

Expense Ratio

PCQ

N/A

LGH

1.00%

Max Drawdown

PCQ

60.60%

Winner

LGH

29.60%

Sharpe Ratio

PCQ

0.81

Winner

LGH

1.10

5Y Beta

Winner

PCQ

0.14

LGH

0.97

P/E Ratio

PCQ

N/A

LGH

29.33

Forward P/E

PCQ

N/A

LGH

22.72

PEG Ratio

PCQ

N/A

LGH

0.47

5Y Dividends CAGR

PCQ

-8.38%

Winner

LGH

42.11%

5Y EPS CAGR

PCQ

N/A

LGH

27.33%

Debt to Equity

PCQ

N/A

LGH

32.18%

P/S Ratio

PCQ

N/A

LGH

4.02

P/B Ratio

PCQ

N/A

LGH

5.97

PCQ vs LGH - Historical Returns

Returns include dividend reinvestment.

Period	PCQ	LGH
1 month	+1.55%	+2.25%
3 months	+0.33%	+2.70%
6 months	+3.64%	+0.50%
1 year	+9.78%	+22.84%
5 years(CAGR)	-9.71%	+10.48%
10 years(CAGR)	-1.43%	N/A
Max(CAGR)	+3.76%	+15.11%

PCQ

+1.55%

Winner

LGH

+2.25%

PCQ

+0.33%

Winner

LGH

+2.70%

Winner

PCQ

+3.64%

LGH

+0.50%

PCQ

+9.78%

Winner

LGH

+22.84%

5Y(CAGR)

PCQ

-9.71%

Winner

LGH

+10.48%

10Y(CAGR)

PCQ

-1.43%

LGH

N/A

Max(CAGR)

PCQ

+3.76%

Winner

LGH

+15.11%

PCQ vs LGH - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	PCQ	LGH
2026	+3.33%	+1.14%
2025	+0.17%	+19.91%
2024	+1.28%	+28.12%
2023	-36.42%	+24.28%
2022	-15.26%	-28.20%
2021	+7.87%	+43.19%
2020	-6.19%	+17.20%
2019	+26.15%	+11.06%
2018	-1.10%	N/A
2017	+16.44%	N/A
2016	+5.62%	N/A
2015	+6.94%	N/A
2014	+26.59%	N/A
2013	-14.10%	N/A
2012	+25.62%	N/A
2011	+18.97%	N/A
2010	+6.14%	N/A
2009	+45.10%	N/A
2008	-41.29%	N/A
2007	-3.73%	N/A
2006	+16.83%	N/A
2005	+24.28%	N/A
2004	+8.38%	N/A
2003	+0.07%	N/A
2002	+2.59%	N/A
2001	+0.78%	N/A

PCQ vs LGH Drawdown Comparison

The maximum drawdown for PCQ was -56.28%, occurring on Dec 16, 2008. Recovery took 839 trading sessions.

The maximum drawdown for LGH was -29.60%, occurring on Mar 16, 2020. Recovery took 132 trading sessions.

The current PCQ drawdown is -44.87%. The current LGH drawdown is -4.37%.

Rank	PCQ	LGH
#1	-56.28% May 11, 2007 - Sep 9, 2010	-29.60% Feb 19, 2020 - Aug 26, 2020
#2	-54.86% Nov 12, 2021 - Oct 6, 2023	-29.38% Dec 29, 2021 - Mar 21, 2024
#3	-37.82% Dec 9, 2019 - Jul 15, 2021	-18.42% Dec 6, 2024 - Jul 3, 2025
#4	-22.43% Jan 23, 2013 - Nov 20, 2014	-13.53% Sep 2, 2020 - Nov 16, 2020
#5	-17.69% Oct 15, 2010 - Sep 29, 2011	-12.50% Jul 16, 2024 - Nov 6, 2024
#6	-17.09% Dec 11, 2017 - Jul 9, 2018	-11.29% Jan 12, 2026 - May 13, 2026
#7	-14.13% Aug 13, 2018 - Jan 28, 2019	-8.69% Sep 3, 2021 - Oct 28, 2021
#8	-13.13% Sep 8, 2016 - May 8, 2017	-7.29% Oct 29, 2025 - Dec 24, 2025
#9	-12.06% Jun 13, 2003 - Apr 1, 2004	-7.20% Nov 23, 2021 - Dec 27, 2021
#10	-11.35% Feb 2, 2015 - Oct 20, 2015	-6.95% Feb 12, 2021 - Mar 15, 2021
#11	-10.17% Jul 11, 2012 - Nov 28, 2012	-6.09% Mar 28, 2024 - May 14, 2024
#12	-9.02% Jan 30, 2012 - Apr 24, 2012	-5.28% Apr 29, 2021 - Jun 4, 2021
#13	-8.76% Apr 1, 2004 - Aug 6, 2004	-4.55% Jan 21, 2021 - Feb 4, 2021
#14	-8.05% Sep 13, 2002 - May 22, 2003	-4.37% Jul 12, 2021 - Jul 23, 2021
#15	-7.19% Aug 16, 2001 - Aug 6, 2002	-4.37% Jun 2, 2026 - Jun 5, 2026

Correlation

Correlation between PCQ and LGH is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101

Dividend Comparison (2001 - 2026)

PCQ vs LGH dividend yield comparison.

Year	PCQ	LGH
2026	2.03%	0.00%
2025	4.95%	0.38%
2024	4.78%	0.40%
2023	4.64%	0.63%
2022	5.29%	0.61%
2021	4.20%	0.14%
2020	4.39%	0.23%
2019	4.65%	0.01%
2018	5.72%	0.00%
2017	5.35%	0.00%
2016	5.89%	0.00%
2015	5.89%	0.00%
2014	5.90%	0.00%
2013	7.10%	0.00%
2012	5.80%	0.00%
2011	6.87%	0.00%
2010	7.45%	0.00%
2009	7.46%	0.00%
2008	10.68%	0.00%
2007	5.95%	0.00%
2006	5.25%	0.00%
2005	5.83%	0.00%
2004	6.83%	0.00%
2003	6.90%	0.00%
2002	6.45%	0.00%
2001	2.53%	0.00%