EVFMX vs. PMAIX

Last updated Aug 4, 2026

EVFMX (E-Valuator Moderate (50%-70%) RMS Fund) and PMAIX (Pioneer Multi-Asset Income Fund A) are both Diversified Portfolio funds. Over the past 10 years, EVFMX returned 7.55%/yr vs 8.54%/yr for PMAIX. Their 0.60 correlation means they have sometimes moved together and sometimes differently. EVFMX charges 1.00%/yr vs 0.85%/yr for PMAIX.

Performance

EVFMX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in E-Valuator Moderate (50%-70%) RMS Fund (EVFMX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EVFMX achieves a 8.18% return, which is significantly higher than PMAIX's 7.66% return. Over the past 10 years, EVFMX has underperformed PMAIX with an annualized return of 7.55%, while PMAIX has yielded a comparatively higher 8.54% annualized return.

EVFMX

• 1D: 0.00%
• 1M: -1.20%
• 6M: 4.92%
• YTD: 8.18%
• 1Y: 16.42%
• 3Y*: 11.37%
• 5Y*: 5.60%
• 10Y*: 7.55%
• ALL TIME*: 7.71%

PMAIX

• 1D: 0.22%
• 1M: 1.64%
• 6M: 4.99%
• YTD: 7.66%
• 1Y: 15.76%
• 3Y*: 12.72%
• 5Y*: 8.94%
• 10Y*: 8.54%
• ALL TIME*: 8.25%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
EVFMX E-Valuator Moderate (50%-70%) RMS Fund	$0.00	$0.00	$0.00
PMAIX Pioneer Multi-Asset Income Fund A	$0.00	$0.00	$0.00

EVFMX vs. PMAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EVFMX E-Valuator Moderate (50%-70%) RMS Fund	8.18%	15.41%	7.57%	11.01%	-13.31%	6.66%	15.65%	20.16%	-7.91%	15.82%
PMAIX Pioneer Multi-Asset Income Fund A	7.66%	23.03%	6.09%	7.32%	-0.79%	12.00%	5.35%	10.88%	-6.10%	17.97%

Correlation

The correlation between EVFMX and PMAIX is 0.48, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.48
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.61
Correlation (10Y) Provides a long-term view across more market conditions.	0.60
Correlation (All Time) Calculated using the full available price history since May 26, 2016	0.60

The correlation between EVFMX and PMAIX shifts across timeframes, from 0.48 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

EVFMX vs. PMAIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

EVFMX

EVFMX Risk / Return Rank: 49
EVFMX Sharpe Ratio Rank: 44
EVFMX Sortino Ratio Rank: 44
EVFMX Omega Ratio Rank: 43
EVFMX Calmar Ratio Rank: 53
EVFMX Martin Ratio Rank: 60

PMAIX

PMAIX Risk / Return Rank: 93
PMAIX Sharpe Ratio Rank: 95
PMAIX Sortino Ratio Rank: 95
PMAIX Omega Ratio Rank: 90
PMAIX Calmar Ratio Rank: 93
PMAIX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

EVFMX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for E-Valuator Moderate (50%-70%) RMS Fund (EVFMX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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.

	EVFMX	PMAIX	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.61	-1.21
Sortino ratio: Return per unit of downside risk	2.01	3.89	-1.88
Omega ratio: Gain probability vs. loss probability	1.25	1.49	-0.23
Calmar ratio: Return relative to maximum drawdown	2.09	3.82	-1.74
Martin ratio: Return relative to average drawdown	8.52	13.29	-4.77

EVFMX vs. PMAIX - Sharpe Ratio Comparison

The current EVFMX Sharpe Ratio is 1.40, which is lower than the PMAIX Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of EVFMX and PMAIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

EVFMX vs. PMAIX - Drawdown Comparison

The maximum EVFMX drawdown since its inception was -28.30%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for EVFMX and PMAIX.

Drawdown Indicators

	EVFMX	PMAIX	Difference
Max Drawdown Largest peak-to-trough decline	-28.30%	-24.12%	-4.18%
Max Drawdown (1Y) Largest decline over 1 year	-7.46%	-4.07%	-3.39%
Max Drawdown (3Y) Largest decline over 3 years	-13.54%	-7.99%	-5.55%
Max Drawdown (5Y) Largest decline over 5 years	-19.62%	-13.97%	-5.65%
Max Drawdown (10Y) Largest decline over 10 years	-28.30%	-24.12%	-4.18%
Current Drawdown Current decline from peak	-2.23%	0.00%	-2.23%
Average Drawdown Average peak-to-trough decline	-4.10%	-2.64%	-1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.83%	1.17%	+0.66%

Volatility

EVFMX vs. PMAIX - Volatility Comparison

E-Valuator Moderate (50%-70%) RMS Fund (EVFMX) has a higher volatility of 3.33% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 1.90%. This indicates that EVFMX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EVFMX	PMAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	1.90%	+1.43%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	4.88%	+4.69%
Volatility (1Y) Calculated over the trailing 1-year period	11.15%	5.96%	+5.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.50%	7.23%	+3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.81%	7.52%	+4.29%

EVFMX vs. PMAIX - Expense Ratio Comparison

EVFMX has a 1.00% expense ratio, which is higher than PMAIX's 0.85% expense ratio.

Dividends

EVFMX vs. PMAIX - Dividend Comparison

EVFMX's dividend yield for the trailing twelve months is around 8.34%, more than PMAIX's 5.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EVFMX E-Valuator Moderate (50%-70%) RMS Fund	8.34%	9.19%	0.50%	2.52%	1.96%	21.05%	3.39%	2.53%	9.89%	7.05%	0.70%	0.00%
PMAIX Pioneer Multi-Asset Income Fund A	5.61%	6.29%	5.30%	5.14%	4.53%	5.50%	5.39%	5.78%	5.83%	6.69%	5.53%	5.92%

Frequently Asked Questions

Can I hold both EVFMX and PMAIX in my portfolio?

EVFMX and PMAIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EVFMX or PMAIX?

EVFMX has higher volatility (3.33%) compared to PMAIX (1.90%). In terms of maximum drawdown, EVFMX dropped -28.30% vs PMAIX's -24.12%.

Which has better risk-adjusted returns?

PMAIX currently has the higher Sharpe Ratio (2.61 vs 1.40), 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.