Recently a new type of deep learning method has emerged, called physics-informed neural networks. Despite their success in solving problems that are governed by partial differential equations, physics-informed neural networks are often difficult to train. Frequently reported convergence issues are still poorly understood and complicate the inference of correct system dynamics. In this paper, we shed light on the training process of physics-informed neural networks. By trading between data- and physics-based constraints in the network training, we study the Pareto front in multi-objective optimization problems. We use the diffusion equation and Navier-Stokes equations in various test environments to analyze the effects of system parameters on the shape of the Pareto front. Additionally, we assess the effectiveness of state-of-the-art adaptive activation functions and adaptive loss weighting methods. Our results demonstrate the prominent role of system parameters in the multi-objective optimization and contribute to understanding convergence properties of physics-informed neural networks.