FOBAX vs. AYBLX
FOBAX (Tributary Balanced Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, FOBAX returned 8.75%/yr vs 9.99%/yr for AYBLX. Their correlation of 0.91 means they have usually moved in the same direction. FOBAX charges 0.96%/yr vs 0.65%/yr for AYBLX.
Performance
FOBAX vs. AYBLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FOBAX achieves a 4.38% return, which is significantly lower than AYBLX's 12.02% return. Over the past 10 years, FOBAX has underperformed AYBLX with an annualized return of 8.75%, while AYBLX has yielded a comparatively higher 9.99% annualized return.
FOBAX
- 1D
- 0.53%
- 1M
- 0.68%
- 6M
- 3.30%
- YTD
- 4.38%
- 1Y
- 10.27%
- 3Y*
- 10.54%
- 5Y*
- 6.57%
- 10Y*
- 8.75%
- ALL TIME*
- 8.29%
AYBLX
- 1D
- 0.92%
- 1M
- -1.73%
- 6M
- 9.12%
- YTD
- 12.02%
- 1Y
- 26.17%
- 3Y*
- 15.47%
- 5Y*
- 8.78%
- 10Y*
- 9.99%
- ALL TIME*
- 7.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FOBAX vs. AYBLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FOBAX Tributary Balanced Fund | 4.38% | 10.30% | 14.28% | 17.11% | -15.11% | 16.27% | 12.64% | 21.41% | -2.11% | 13.92% |
AYBLX Pioneer Balanced ESG Fund | 12.02% | 19.80% | 9.64% | 15.41% | -14.39% | 15.48% | 12.92% | 22.22% | -4.43% | 15.19% |
Correlation
The correlation between FOBAX and AYBLX is 0.85, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.85 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 29, 1997 | 0.91 |
The correlation between FOBAX and AYBLX has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FOBAX vs. AYBLX — Risk / Return Rank
FOBAX
AYBLX
FOBAX vs. AYBLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tributary Balanced Fund (FOBAX) and Pioneer Balanced ESG Fund (AYBLX). 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.
| FOBAX | AYBLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.22 | ||
| Sortino ratioReturn per unit of downside risk | -1.73 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.44 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 3.93 | -2.35 |
| Martin ratioReturn relative to average drawdown | 6.73 | 16.91 | -10.18 |
Loading charts...
Drawdowns
FOBAX vs. AYBLX - Drawdown Comparison
The maximum FOBAX drawdown since its inception was -40.00%, which is greater than AYBLX's maximum drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for FOBAX and AYBLX.
Loading charts...
Drawdown Indicators
| FOBAX | AYBLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -36.28% | -3.72% |
Max Drawdown (1Y)Largest decline over 1 year | -5.97% | -6.41% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -11.97% | -13.39% | +1.42% |
Max Drawdown (5Y)Largest decline over 5 years | -19.88% | -20.26% | +0.38% |
Max Drawdown (10Y)Largest decline over 10 years | -22.37% | -24.24% | +1.87% |
Current DrawdownCurrent decline from peak | -0.43% | -2.40% | +1.97% |
Average DrawdownAverage peak-to-trough decline | -3.80% | -3.77% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.40% | 1.49% | -0.09% |
Volatility
FOBAX vs. AYBLX - Volatility Comparison
The current volatility for Tributary Balanced Fund (FOBAX) is 1.77%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 2.35%. This indicates that FOBAX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FOBAX | AYBLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 2.35% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 5.72% | 7.97% | -2.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.45% | 10.14% | -2.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.43% | 11.15% | -0.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.95% | 11.33% | -0.38% |
FOBAX vs. AYBLX - Expense Ratio Comparison
FOBAX has a 0.96% expense ratio, which is higher than AYBLX's 0.65% expense ratio.
Dividends
FOBAX vs. AYBLX - Dividend Comparison
FOBAX's dividend yield for the trailing twelve months is around 9.46%, more than AYBLX's 3.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AYBLX Pioneer Balanced ESG Fund | 3.30% | 3.58% | 2.59% | 1.76% | 3.23% | 8.61% | 4.12% | 6.03% | 9.97% | 9.42% | 2.63% | 4.14% |
FOBAX Tributary Balanced Fund | 9.46% | 9.82% | 5.32% | 5.36% | 5.59% | 8.10% | 5.80% | 4.43% | 7.55% | 8.29% | 6.73% | 0.22% |
Frequently Asked Questions
FOBAX and AYBLX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AYBLX has higher volatility (2.35%) compared to FOBAX (1.77%). In terms of maximum drawdown, FOBAX dropped -40.00% vs AYBLX's -36.28%.
AYBLX currently has the higher Sharpe Ratio (2.49 vs 1.27), 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.
Find the right allocation for FOBAX and AYBLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer