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CSOIX vs. PIAMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

CSOIX vs. PIAMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Credit Suisse Strategic Income Fund (CSOIX) and PIA High Yield (MACS) Fund (PIAMX). The values are adjusted to include any dividend payments, if applicable.

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CSOIX vs. PIAMX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
CSOIX
Credit Suisse Strategic Income Fund
-2.34%5.66%8.26%12.62%-7.23%5.47%4.77%10.17%-1.11%
PIAMX
PIA High Yield (MACS) Fund
-2.20%2.34%11.23%16.38%-10.93%7.82%9.05%11.77%-2.63%

Returns By Period

In the year-to-date period, CSOIX achieves a -2.34% return, which is significantly lower than PIAMX's -2.20% return.


CSOIX

1D
0.00%
1M
-1.63%
YTD
-2.34%
6M
-1.47%
1Y
2.76%
3Y*
6.71%
5Y*
3.78%
10Y*
5.90%

PIAMX

1D
0.26%
1M
-2.36%
YTD
-2.20%
6M
-2.91%
1Y
1.56%
3Y*
7.17%
5Y*
3.87%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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CSOIX vs. PIAMX - Expense Ratio Comparison

CSOIX has a 0.79% expense ratio, which is higher than PIAMX's 0.20% expense ratio.


Return for Risk

CSOIX vs. PIAMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSOIX
CSOIX Risk / Return Rank: 6363
Overall Rank
CSOIX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
CSOIX Sortino Ratio Rank: 7272
Sortino Ratio Rank
CSOIX Omega Ratio Rank: 7474
Omega Ratio Rank
CSOIX Calmar Ratio Rank: 5757
Calmar Ratio Rank
CSOIX Martin Ratio Rank: 4747
Martin Ratio Rank

PIAMX
PIAMX Risk / Return Rank: 1111
Overall Rank
PIAMX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
PIAMX Sortino Ratio Rank: 1010
Sortino Ratio Rank
PIAMX Omega Ratio Rank: 1212
Omega Ratio Rank
PIAMX Calmar Ratio Rank: 1010
Calmar Ratio Rank
PIAMX Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSOIX vs. PIAMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Credit Suisse Strategic Income Fund (CSOIX) and PIA High Yield (MACS) Fund (PIAMX). 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.


CSOIXPIAMXDifference

Sharpe ratio

Return per unit of total volatility

1.11

0.31

+0.80

Sortino ratio

Return per unit of downside risk

1.77

0.41

+1.36

Omega ratio

Gain probability vs. loss probability

1.27

1.07

+0.21

Calmar ratio

Return relative to maximum drawdown

1.33

0.20

+1.14

Martin ratio

Return relative to average drawdown

4.72

0.61

+4.11

CSOIX vs. PIAMX - Sharpe Ratio Comparison

The current CSOIX Sharpe Ratio is 1.11, which is higher than the PIAMX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of CSOIX and PIAMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


CSOIXPIAMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.31

+0.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.15

0.97

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.48

Sharpe Ratio (All Time)

Calculated using the full available price history

1.41

1.15

+0.26

Correlation

The correlation between CSOIX and PIAMX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

CSOIX vs. PIAMX - Dividend Comparison

CSOIX's dividend yield for the trailing twelve months is around 6.63%, less than PIAMX's 8.51% yield.


TTM20252024202320222021202020192018201720162015
CSOIX
Credit Suisse Strategic Income Fund
6.63%7.12%7.05%6.72%4.39%3.92%4.95%5.35%5.45%5.18%7.19%6.86%
PIAMX
PIA High Yield (MACS) Fund
8.51%9.12%8.49%8.12%7.99%8.64%6.63%6.96%7.14%0.00%0.00%0.00%

Drawdowns

CSOIX vs. PIAMX - Drawdown Comparison

The maximum CSOIX drawdown since its inception was -20.04%, which is greater than PIAMX's maximum drawdown of -18.15%. Use the drawdown chart below to compare losses from any high point for CSOIX and PIAMX.


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Drawdown Indicators


CSOIXPIAMXDifference

Max Drawdown

Largest peak-to-trough decline

-20.04%

-18.15%

-1.89%

Max Drawdown (1Y)

Largest decline over 1 year

-2.34%

-4.17%

+1.83%

Max Drawdown (5Y)

Largest decline over 5 years

-10.39%

-13.92%

+3.53%

Max Drawdown (10Y)

Largest decline over 10 years

-20.04%

Current Drawdown

Current decline from peak

-2.34%

-3.50%

+1.16%

Average Drawdown

Average peak-to-trough decline

-1.49%

-2.36%

+0.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.66%

1.37%

-0.71%

Volatility

CSOIX vs. PIAMX - Volatility Comparison

The current volatility for Credit Suisse Strategic Income Fund (CSOIX) is 0.95%, while PIA High Yield (MACS) Fund (PIAMX) has a volatility of 1.72%. This indicates that CSOIX experiences smaller price fluctuations and is considered to be less risky than PIAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


CSOIXPIAMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.95%

1.72%

-0.77%

Volatility (6M)

Calculated over the trailing 6-month period

1.91%

2.45%

-0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

3.04%

4.32%

-1.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.30%

4.01%

-0.71%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.01%

4.25%

-0.24%