Pioneer Equity Income Fund (PEQIX) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PEQIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PEQIX
PEQIX charges 1.02% annually. There are 59 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 129.60B | Dec 2013 | PEQIX vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | PEQIX vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | PEQIX vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | PEQIX vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | PEQIX vs VDIGX |
Best Risk-Adjusted Alternatives to PEQIX
PEQIX has a PortfoliosLab risk / return rank of 74. There are 50 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | PEQIX vs VIHAX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 93 | — | Mar 2005 | PEQIX vs SVAAX | |
| Pioneer Multi-Asset Income Fund A | 92 | — | Dec 2011 | PEQIX vs PMAIX | |
| Goldman Sachs Equity Income Fund | 92 | — | Feb 1993 | PEQIX vs GSGRX | |
| Russell Investments Equity Income Fund | 91 | — | Mar 2000 | PEQIX vs REAYX |
Top Performing PEQIX Alternatives (YTD)
PEQIX is at 13.77% YTD. There are 28 mutual funds in the Dividend category with higher YTD returns, going as high as 21.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 21.19% | — | Jan 2013 | PEQIX vs TRDIX | |
| Goldman Sachs Equity Income Fund | 18.68% | — | Feb 1993 | PEQIX vs GSGRX | |
| Vanguard International High Dividend Yield Index F... | 18.05% | 20.40B | Mar 2016 | PEQIX vs VIHAX | |
| Allspring Emerging Markets Equity Income Fund | 17.89% | — | May 2012 | PEQIX vs EQIIX | |
| Janus Henderson Global Equity Income Fund | 17.80% | — | Nov 2006 | PEQIX vs HFQAX |
Lowest Volatility Alternatives to PEQIX
PEQIX has 11.51% 1-year volatility. There are 50 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.97% | — | Dec 2011 | PEQIX vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.41% | — | Dec 1973 | PEQIX vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.19% | — | Jul 1987 | PEQIX vs CAIFX | |
| American Century Equity Income Fund | 8.59% | 6.45B | Aug 1994 | PEQIX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.61% | — | Jul 1998 | PEQIX vs ACIIX |
Lowest Drawdown Alternatives to PEQIX
PEQIX has a 1-year max drawdown of -8.01%. There are 45 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | PEQIX vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | PEQIX vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | PEQIX vs PDT | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | PEQIX vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | PEQIX vs CDDYX |
Other Mutual Funds from Amundi
The 10 most viewed Amundi mutual funds shown here include PMFYX, PIODX, XILSX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund | Global Allocation | 93 | 7.54% | — | Dec 2011 | PEQIX vs PMFYX | |
| Pioneer Fund | Large Cap Blend Equities | 33 | 7.19% | — | Feb 1928 | PEQIX vs PIODX | |
| Pioneer ILS Interval Fund | High Yield Bonds | 100 | 10.04% | — | Dec 2014 | PEQIX vs XILSX | |
| Pioneer Core Equity Fund | Large Cap Blend Equities | 70 | 12.15% | — | Nov 1999 | PEQIX vs PIOTX | |
| Pioneer Disciplined Growth Fund | Large Cap Growth Equities | 21 | 7.02% | — | Dec 2005 | PEQIX vs PINDX | |
| Pioneer Securitized Income Fund | Nontraditional Bonds | 80 | 2.11% | — | Dec 2019 | PEQIX vs SYFFX | |
| Pioneer Fundamental Growth Fund | Large Cap Growth Equities | 13 | 4.64% | — | Aug 2002 | PEQIX vs PIGFX | |
| Pioneer Multi-Asset Ultrashort Income Fund | Ultrashort Bond | 99 | 1.87% | — | Apr 2011 | PEQIX vs MYFRX | |
| Pioneer Global Sustainable Equity Fund Class A | Global Equities, Sustainable | 84 | 13.52% | — | Dec 2005 | PEQIX vs GLOSX | |
| Pioneer Mid Cap Value Fund | Mid Cap Value Equities | 85 | 18.97% | — | Jul 1990 | PEQIX vs PCGRX |
Often Compared With PEQIX
Investors most often compare PEQIX with SCHD, VWIAX, EICIX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare PEQIX with Any Fund or Stock
Compare PEQIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PEQIX with funds that move differently
Pioneer Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PEQIX.
Explore PEQIX Diversifiers