HIMYX vs. PLUSX
Compare and contrast key facts about Pioneer High Income Municipal Fund (HIMYX) and DWS Multi-Asset Moderate Allocation Fund (PLUSX).
HIMYX is managed by Amundi US. It was launched on Oct 15, 2006. PLUSX is managed by DWS. It was launched on Oct 31, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIMYX or PLUSX.
Key characteristics
| HIMYX | PLUSX | |
|---|---|---|
| YTD Return | -0.80% | 3.89% |
| 1Y Return | 1.68% | 13.57% |
| 3Y Return (Ann) | -2.07% | -0.34% |
| 5Y Return (Ann) | 0.60% | 4.58% |
| 10Y Return (Ann) | 3.29% | 4.28% |
| Sharpe Ratio | 0.33 | 1.55 |
| Daily Std Dev | 5.10% | 8.52% |
| Max Drawdown | -34.96% | -53.39% |
| Current Drawdown | -9.26% | -6.79% |
Correlation
The correlation between HIMYX and PLUSX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
HIMYX vs. PLUSX - Performance Comparison
In the year-to-date period, HIMYX achieves a -0.80% return, which is significantly lower than PLUSX's 3.89% return. Over the past 10 years, HIMYX has underperformed PLUSX with an annualized return of 3.29%, while PLUSX has yielded a comparatively higher 4.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HIMYX vs. PLUSX - Expense Ratio Comparison
HIMYX has a 0.55% expense ratio, which is lower than PLUSX's 0.60% expense ratio.
Risk-Adjusted Performance
HIMYX vs. PLUSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer High Income Municipal Fund (HIMYX) and DWS Multi-Asset Moderate Allocation Fund (PLUSX). 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.
Dividends
HIMYX vs. PLUSX - Dividend Comparison
HIMYX's dividend yield for the trailing twelve months is around 5.76%, more than PLUSX's 5.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIMYX Pioneer High Income Municipal Fund | 5.76% | 5.94% | 4.48% | 3.61% | 3.96% | 4.96% | 5.19% | 5.05% | 5.71% | 5.70% | 5.91% | 6.65% |
PLUSX DWS Multi-Asset Moderate Allocation Fund | 5.57% | 5.78% | 2.99% | 2.05% | 4.22% | 5.80% | 5.55% | 5.58% | 6.05% | 10.87% | 12.98% | 3.78% |
Drawdowns
HIMYX vs. PLUSX - Drawdown Comparison
The maximum HIMYX drawdown since its inception was -34.96%, smaller than the maximum PLUSX drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for HIMYX and PLUSX. For additional features, visit the drawdowns tool.
Volatility
HIMYX vs. PLUSX - Volatility Comparison
The current volatility for Pioneer High Income Municipal Fund (HIMYX) is 1.22%, while DWS Multi-Asset Moderate Allocation Fund (PLUSX) has a volatility of 2.85%. This indicates that HIMYX experiences smaller price fluctuations and is considered to be less risky than PLUSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.