HSTIX vs. PMT
Compare and contrast key facts about Homestead Stock Index Fund (HSTIX) and PennyMac Mortgage Investment Trust (PMT).
HSTIX is managed by Homestead. It was launched on Oct 28, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HSTIX or PMT.
Key characteristics
| HSTIX | PMT | |
|---|---|---|
| YTD Return | 18.57% | 0.89% |
| 1Y Return | 27.67% | 21.80% |
| 3Y Return (Ann) | 9.41% | 1.21% |
| 5Y Return (Ann) | 14.76% | 2.20% |
| 10Y Return (Ann) | 12.31% | 7.07% |
| Sharpe Ratio | 2.15 | 0.77 |
| Daily Std Dev | 12.75% | 29.31% |
| Max Drawdown | -55.58% | -75.90% |
| Current Drawdown | -0.70% | -4.30% |
Correlation
The correlation between HSTIX and PMT is 0.47, 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.
Performance
HSTIX vs. PMT - Performance Comparison
In the year-to-date period, HSTIX achieves a 18.57% return, which is significantly higher than PMT's 0.89% return. Over the past 10 years, HSTIX has outperformed PMT with an annualized return of 12.31%, while PMT has yielded a comparatively lower 7.07% 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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Risk-Adjusted Performance
HSTIX vs. PMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Stock Index Fund (HSTIX) and PennyMac Mortgage Investment Trust (PMT). 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
HSTIX vs. PMT - Dividend Comparison
HSTIX's dividend yield for the trailing twelve months is around 1.32%, less than PMT's 11.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HSTIX Homestead Stock Index Fund | 1.32% | 1.39% | 1.91% | 2.13% | 1.40% | 1.99% | 1.98% | 0.89% | 1.51% | 1.66% | 1.41% | 1.33% |
PMT PennyMac Mortgage Investment Trust | 11.23% | 10.70% | 14.61% | 10.85% | 8.64% | 8.43% | 10.10% | 11.70% | 11.48% | 14.15% | 14.18% | 9.93% |
Drawdowns
HSTIX vs. PMT - Drawdown Comparison
The maximum HSTIX drawdown since its inception was -55.58%, smaller than the maximum PMT drawdown of -75.90%. Use the drawdown chart below to compare losses from any high point for HSTIX and PMT. For additional features, visit the drawdowns tool.
Volatility
HSTIX vs. PMT - Volatility Comparison
Homestead Stock Index Fund (HSTIX) and PennyMac Mortgage Investment Trust (PMT) have volatilities of 3.99% and 4.16%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.