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FLYRX vs. PINDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FLYRX vs. PINDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Floating Rate Fund (FLYRX) and Pioneer Disciplined Growth Fund (PINDX). The values are adjusted to include any dividend payments, if applicable.

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FLYRX vs. PINDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FLYRX
Pioneer Floating Rate Fund
-0.60%4.90%6.94%8.31%-3.26%4.32%2.10%7.57%0.17%3.74%
PINDX
Pioneer Disciplined Growth Fund
-7.35%21.16%19.33%28.67%-21.49%25.59%34.78%35.61%-5.08%26.41%

Returns By Period

In the year-to-date period, FLYRX achieves a -0.60% return, which is significantly higher than PINDX's -7.35% return. Over the past 10 years, FLYRX has underperformed PINDX with an annualized return of 3.91%, while PINDX has yielded a comparatively higher 14.38% annualized return.


FLYRX

1D
0.00%
1M
0.17%
YTD
-0.60%
6M
0.51%
1Y
3.76%
3Y*
5.58%
5Y*
3.73%
10Y*
3.91%

PINDX

1D
3.80%
1M
-4.88%
YTD
-7.35%
6M
-6.31%
1Y
23.30%
3Y*
16.15%
5Y*
10.30%
10Y*
14.38%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FLYRX vs. PINDX - Expense Ratio Comparison

FLYRX has a 0.75% expense ratio, which is lower than PINDX's 1.05% expense ratio.


Return for Risk

FLYRX vs. PINDX — Risk / Return Rank

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

FLYRX
FLYRX Risk / Return Rank: 8080
Overall Rank
FLYRX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
FLYRX Sortino Ratio Rank: 8282
Sortino Ratio Rank
FLYRX Omega Ratio Rank: 9090
Omega Ratio Rank
FLYRX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FLYRX Martin Ratio Rank: 7777
Martin Ratio Rank

PINDX
PINDX Risk / Return Rank: 5858
Overall Rank
PINDX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
PINDX Sortino Ratio Rank: 5959
Sortino Ratio Rank
PINDX Omega Ratio Rank: 5454
Omega Ratio Rank
PINDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
PINDX Martin Ratio Rank: 5454
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.

FLYRX vs. PINDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Floating Rate Fund (FLYRX) and Pioneer Disciplined Growth Fund (PINDX). 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.


FLYRXPINDXDifference

Sharpe ratio

Return per unit of total volatility

1.32

1.05

+0.27

Sortino ratio

Return per unit of downside risk

2.24

1.61

+0.63

Omega ratio

Gain probability vs. loss probability

1.42

1.23

+0.19

Calmar ratio

Return relative to maximum drawdown

2.23

1.66

+0.57

Martin ratio

Return relative to average drawdown

8.21

5.55

+2.67

FLYRX vs. PINDX - Sharpe Ratio Comparison

The current FLYRX Sharpe Ratio is 1.32, which is comparable to the PINDX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of FLYRX and PINDX, 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


FLYRXPINDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

1.05

+0.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.42

0.53

+0.89

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.10

0.74

+0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

0.45

+0.57

Correlation

The correlation between FLYRX and PINDX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FLYRX vs. PINDX - Dividend Comparison

FLYRX's dividend yield for the trailing twelve months is around 6.83%, more than PINDX's 4.87% yield.


TTM20252024202320222021202020192018201720162015
FLYRX
Pioneer Floating Rate Fund
6.83%7.48%5.87%6.45%5.40%3.46%3.91%5.01%4.70%4.13%3.88%3.85%
PINDX
Pioneer Disciplined Growth Fund
4.87%4.51%6.34%0.17%7.23%33.14%27.35%5.20%26.83%12.86%8.57%6.14%

Drawdowns

FLYRX vs. PINDX - Drawdown Comparison

The maximum FLYRX drawdown since its inception was -30.67%, smaller than the maximum PINDX drawdown of -52.37%. Use the drawdown chart below to compare losses from any high point for FLYRX and PINDX.


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Drawdown Indicators


FLYRXPINDXDifference

Max Drawdown

Largest peak-to-trough decline

-30.67%

-52.37%

+21.70%

Max Drawdown (1Y)

Largest decline over 1 year

-1.64%

-14.64%

+13.00%

Max Drawdown (5Y)

Largest decline over 5 years

-6.61%

-28.77%

+22.16%

Max Drawdown (10Y)

Largest decline over 10 years

-19.05%

-29.82%

+10.77%

Current Drawdown

Current decline from peak

-0.60%

-11.39%

+10.79%

Average Drawdown

Average peak-to-trough decline

-2.00%

-11.54%

+9.54%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.49%

4.38%

-3.89%

Volatility

FLYRX vs. PINDX - Volatility Comparison

The current volatility for Pioneer Floating Rate Fund (FLYRX) is 0.72%, while Pioneer Disciplined Growth Fund (PINDX) has a volatility of 7.04%. This indicates that FLYRX experiences smaller price fluctuations and is considered to be less risky than PINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FLYRXPINDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.72%

7.04%

-6.32%

Volatility (6M)

Calculated over the trailing 6-month period

1.82%

13.09%

-11.27%

Volatility (1Y)

Calculated over the trailing 1-year period

2.77%

23.31%

-20.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.64%

19.64%

-17.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.57%

19.47%

-15.90%