AYBLX vs. IOEZX
AYBLX (Pioneer Balanced ESG Fund) and IOEZX (ICON Equity Income Fund) are both Diversified Portfolio funds. Over the past 10 years, AYBLX returned 10.67%/yr vs 8.74%/yr for IOEZX. Their correlation of 0.84 suggests significant overlap in exposure. AYBLX charges 0.65%/yr vs 1.00%/yr for IOEZX.
Performance
AYBLX vs. IOEZX - Performance Comparison
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Returns By Period
In the year-to-date period, AYBLX achieves a 13.99% return, which is significantly higher than IOEZX's 12.75% return. Over the past 10 years, AYBLX has outperformed IOEZX with an annualized return of 10.67%, while IOEZX has yielded a comparatively lower 8.74% annualized return.
AYBLX
- 1D
- -0.21%
- 1M
- 1.64%
- YTD
- 13.99%
- 6M
- 13.54%
- 1Y
- 32.24%
- 3Y*
- 17.53%
- 5Y*
- 9.58%
- 10Y*
- 10.67%
IOEZX
- 1D
- -0.25%
- 1M
- -1.64%
- YTD
- 12.75%
- 6M
- 12.28%
- 1Y
- 26.30%
- 3Y*
- 12.47%
- 5Y*
- 5.22%
- 10Y*
- 8.74%
AYBLX vs. IOEZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 13.99% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
IOEZX ICON Equity Income Fund | 12.75% | 14.29% | 6.12% | 3.82% | -13.56% | 24.15% | 3.16% | 27.70% | -10.11% | 13.59% |
Correlation
The correlation between AYBLX and IOEZX is 0.62, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.62 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.72 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.75 |
Correlation (All Time) Calculated using the full available price history since Feb 3, 2004 | 0.84 |
Over the past year, the correlation between AYBLX and IOEZX has dropped to 0.62 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.
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Return for Risk
AYBLX vs. IOEZX — Risk / Return Rank
AYBLX
IOEZX
AYBLX vs. IOEZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Balanced ESG Fund (AYBLX) and ICON Equity Income Fund (IOEZX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AYBLX | IOEZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.38 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.16 | 4.04 | +1.12 |
| Martin ratioReturn relative to average drawdown | 24.00 | 14.79 | +9.21 |
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Drawdowns
AYBLX vs. IOEZX - Drawdown Comparison
The maximum AYBLX drawdown since its inception was -36.28%, smaller than the maximum IOEZX drawdown of -56.15%. Use the drawdown chart below to compare losses from any high point for AYBLX and IOEZX.
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Drawdown Indicators
| AYBLX | IOEZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.28% | -56.15% | +19.87% |
Max Drawdown (1Y)Largest decline over 1 year | -6.41% | -6.77% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -13.39% | -13.95% | +0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -20.26% | -21.47% | +1.21% |
Max Drawdown (10Y)Largest decline over 10 years | -24.24% | -38.12% | +13.88% |
Current DrawdownCurrent decline from peak | -0.52% | -3.12% | +2.60% |
Average DrawdownAverage peak-to-trough decline | -3.78% | -8.57% | +4.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.38% | 1.85% | -0.47% |
Volatility
AYBLX vs. IOEZX - Volatility Comparison
Pioneer Balanced ESG Fund (AYBLX) and ICON Equity Income Fund (IOEZX) have volatilities of 3.63% and 3.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AYBLX | IOEZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.63% | 3.54% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 7.83% | 8.96% | -1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.95% | 12.22% | -2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.13% | 13.78% | -2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.33% | 16.49% | -5.16% |
AYBLX vs. IOEZX - Expense Ratio Comparison
AYBLX has a 0.65% expense ratio, which is lower than IOEZX's 1.00% expense ratio.
Dividends
AYBLX vs. IOEZX - Dividend Comparison
AYBLX's dividend yield for the trailing twelve months is around 3.24%, more than IOEZX's 3.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.24% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
IOEZX ICON Equity Income Fund | 3.00% | 3.56% | 4.32% | 3.75% | 13.63% | 12.92% | 3.68% | 4.74% | 3.80% | 3.13% | 3.32% | 4.24% |
Frequently Asked Questions
AYBLX and IOEZX have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AYBLX has higher volatility (3.63%) compared to IOEZX (3.54%). In terms of maximum drawdown, AYBLX dropped -36.28% vs IOEZX's -56.15%.
AYBLX currently has the higher Sharpe Ratio (3.33 vs 2.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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