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MACHX vs. PMAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MACHX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mutual of America Composite Fund (MACHX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

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MACHX vs. PMAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
MACHX
Mutual of America Composite Fund
-2.83%18.88%16.49%14.56%-12.57%14.64%919.15%
PMAIX
Pioneer Multi-Asset Income Fund A
0.80%23.03%6.09%7.32%-0.79%12.00%4.97%

Returns By Period

In the year-to-date period, MACHX achieves a -2.83% return, which is significantly lower than PMAIX's 0.80% return.


MACHX

1D
-1.04%
1M
-5.88%
YTD
-2.83%
6M
0.03%
1Y
15.75%
3Y*
13.97%
5Y*
8.25%
10Y*

PMAIX

1D
0.15%
1M
-3.62%
YTD
0.80%
6M
4.12%
1Y
16.77%
3Y*
11.84%
5Y*
7.92%
10Y*
8.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MACHX vs. PMAIX - Expense Ratio Comparison

MACHX has a 0.54% expense ratio, which is lower than PMAIX's 0.85% expense ratio.


Return for Risk

MACHX vs. PMAIX — Risk / Return Rank

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

MACHX
MACHX Risk / Return Rank: 7272
Overall Rank
MACHX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
MACHX Sortino Ratio Rank: 8686
Sortino Ratio Rank
MACHX Omega Ratio Rank: 8383
Omega Ratio Rank
MACHX Calmar Ratio Rank: 5151
Calmar Ratio Rank
MACHX Martin Ratio Rank: 5656
Martin Ratio Rank

PMAIX
PMAIX Risk / Return Rank: 9393
Overall Rank
PMAIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMAIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PMAIX Omega Ratio Rank: 9595
Omega Ratio Rank
PMAIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PMAIX Martin Ratio Rank: 9292
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.

MACHX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mutual of America Composite Fund (MACHX) 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.


MACHXPMAIXDifference

Sharpe ratio

Return per unit of total volatility

1.58

2.39

-0.81

Sortino ratio

Return per unit of downside risk

2.32

3.02

-0.70

Omega ratio

Gain probability vs. loss probability

1.34

1.51

-0.17

Calmar ratio

Return relative to maximum drawdown

1.26

2.32

-1.05

Martin ratio

Return relative to average drawdown

5.51

10.88

-5.37

MACHX vs. PMAIX - Sharpe Ratio Comparison

The current MACHX Sharpe Ratio is 1.58, which is lower than the PMAIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of MACHX and PMAIX, 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


MACHXPMAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

2.39

-0.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.73

1.11

-0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

1.12

-0.95

Correlation

The correlation between MACHX and PMAIX is 0.48, 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.


Dividends

MACHX vs. PMAIX - Dividend Comparison

MACHX's dividend yield for the trailing twelve months is around 12.09%, more than PMAIX's 5.82% yield.


TTM20252024202320222021202020192018201720162015
MACHX
Mutual of America Composite Fund
12.09%11.75%8.06%6.00%6.23%3.64%0.00%0.00%0.00%0.00%0.00%0.00%
PMAIX
Pioneer Multi-Asset Income Fund A
5.82%6.29%5.30%5.14%4.53%5.50%5.39%5.78%5.83%6.69%5.53%5.92%

Drawdowns

MACHX vs. PMAIX - Drawdown Comparison

The maximum MACHX drawdown since its inception was -21.24%, smaller than the maximum PMAIX drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for MACHX and PMAIX.


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Drawdown Indicators


MACHXPMAIXDifference

Max Drawdown

Largest peak-to-trough decline

-21.24%

-24.12%

+2.88%

Max Drawdown (1Y)

Largest decline over 1 year

-7.49%

-7.06%

-0.43%

Max Drawdown (5Y)

Largest decline over 5 years

-18.57%

-13.97%

-4.60%

Max Drawdown (10Y)

Largest decline over 10 years

-24.12%

Current Drawdown

Current decline from peak

-6.17%

-3.62%

-2.55%

Average Drawdown

Average peak-to-trough decline

-4.27%

-2.68%

-1.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.25%

1.51%

+0.74%

Volatility

MACHX vs. PMAIX - Volatility Comparison

Mutual of America Composite Fund (MACHX) has a higher volatility of 2.38% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.19%. This indicates that MACHX'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.


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Volatility by Period


MACHXPMAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.38%

2.19%

+0.19%

Volatility (6M)

Calculated over the trailing 6-month period

6.34%

4.15%

+2.19%

Volatility (1Y)

Calculated over the trailing 1-year period

11.52%

7.19%

+4.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.75%

7.20%

+5.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

384.75%

7.58%

+377.17%