MAGSX vs. PMAIX
Compare and contrast key facts about Madison Aggressive Allocation Fund (MAGSX) and Pioneer Multi-Asset Income Fund A (PMAIX).
MAGSX is managed by Madison Funds. It was launched on Jun 29, 2006. PMAIX is managed by Amundi. It was launched on Dec 22, 2011.
Performance
MAGSX vs. PMAIX - Performance Comparison
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MAGSX vs. PMAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | -3.24% | 12.48% | 6.46% | 12.32% | -15.38% | 9.50% | 9.65% | 19.21% | -6.59% | 18.04% |
PMAIX Pioneer Multi-Asset Income Fund A | 0.80% | 23.03% | 6.09% | 7.32% | -0.79% | 12.00% | 5.35% | 10.88% | -6.10% | 17.97% |
Returns By Period
In the year-to-date period, MAGSX achieves a -3.24% return, which is significantly lower than PMAIX's 0.80% return. Over the past 10 years, MAGSX has underperformed PMAIX with an annualized return of 6.31%, while PMAIX has yielded a comparatively higher 8.45% annualized return.
MAGSX
- 1D
- -0.26%
- 1M
- -8.20%
- YTD
- -3.24%
- 6M
- -0.86%
- 1Y
- 9.31%
- 3Y*
- 7.71%
- 5Y*
- 3.38%
- 10Y*
- 6.31%
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%
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MAGSX vs. PMAIX - Expense Ratio Comparison
MAGSX has a 0.71% expense ratio, which is lower than PMAIX's 0.85% expense ratio.
Return for Risk
MAGSX vs. PMAIX — Risk / Return Rank
MAGSX
PMAIX
MAGSX vs. PMAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Madison Aggressive Allocation Fund (MAGSX) 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.
| MAGSX | PMAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.70 | 2.39 | -1.69 |
Sortino ratioReturn per unit of downside risk | 1.07 | 3.02 | -1.95 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.51 | -0.36 |
Calmar ratioReturn relative to maximum drawdown | 0.81 | 2.32 | -1.51 |
Martin ratioReturn relative to average drawdown | 3.48 | 10.88 | -7.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MAGSX | PMAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.70 | 2.39 | -1.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 1.11 | -0.82 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 1.12 | -0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 1.12 | -0.80 |
Correlation
The correlation between MAGSX and PMAIX is 0.66, 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
MAGSX vs. PMAIX - Dividend Comparison
MAGSX's dividend yield for the trailing twelve months is around 6.38%, more than PMAIX's 5.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MAGSX Madison Aggressive Allocation Fund | 6.38% | 6.17% | 2.02% | 1.89% | 1.26% | 9.97% | 8.66% | 5.42% | 10.79% | 5.89% | 3.82% | 9.57% |
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
MAGSX vs. PMAIX - Drawdown Comparison
The maximum MAGSX drawdown since its inception was -56.06%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for MAGSX and PMAIX.
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Drawdown Indicators
| MAGSX | PMAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.06% | -24.12% | -31.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.11% | -7.06% | -3.05% |
Max Drawdown (5Y)Largest decline over 5 years | -21.13% | -13.97% | -7.16% |
Max Drawdown (10Y)Largest decline over 10 years | -23.20% | -24.12% | +0.92% |
Current DrawdownCurrent decline from peak | -8.63% | -3.62% | -5.01% |
Average DrawdownAverage peak-to-trough decline | -9.54% | -2.68% | -6.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 1.51% | +0.84% |
Volatility
MAGSX vs. PMAIX - Volatility Comparison
Madison Aggressive Allocation Fund (MAGSX) has a higher volatility of 4.33% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.19%. This indicates that MAGSX'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
| MAGSX | PMAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.19% | +2.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.81% | 4.15% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.99% | 7.19% | +6.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.02% | 7.20% | +4.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.99% | 7.58% | +5.41% |