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MYFRX vs. BUSIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

MYFRX vs. BUSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) and Sterling Capital Ultra Short Bond Fund (BUSIX). The values are adjusted to include any dividend payments, if applicable.

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MYFRX vs. BUSIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
MYFRX
Pioneer Multi-Asset Ultrashort Income Fund
0.52%4.68%6.25%6.32%0.26%1.56%-0.51%3.34%1.80%1.80%
BUSIX
Sterling Capital Ultra Short Bond Fund
0.83%4.93%5.87%5.09%0.32%0.31%2.16%3.27%1.66%1.37%

Returns By Period

In the year-to-date period, MYFRX achieves a 0.52% return, which is significantly lower than BUSIX's 0.83% return. Both investments have delivered pretty close results over the past 10 years, with MYFRX having a 2.77% annualized return and BUSIX not far behind at 2.68%.


MYFRX

1D
0.00%
1M
-0.21%
YTD
0.52%
6M
1.43%
1Y
3.88%
3Y*
5.33%
5Y*
3.71%
10Y*
2.77%

BUSIX

1D
0.04%
1M
0.05%
YTD
0.83%
6M
1.93%
1Y
4.56%
3Y*
5.24%
5Y*
3.45%
10Y*
2.68%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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MYFRX vs. BUSIX - Expense Ratio Comparison

MYFRX has a 0.44% expense ratio, which is higher than BUSIX's 0.27% expense ratio.


Return for Risk

MYFRX vs. BUSIX — Risk / Return Rank

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

MYFRX
MYFRX Risk / Return Rank: 9999
Overall Rank
MYFRX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
MYFRX Sortino Ratio Rank: 9999
Sortino Ratio Rank
MYFRX Omega Ratio Rank: 9999
Omega Ratio Rank
MYFRX Calmar Ratio Rank: 9999
Calmar Ratio Rank
MYFRX Martin Ratio Rank: 9999
Martin Ratio Rank

BUSIX
BUSIX Risk / Return Rank: 100100
Overall Rank
BUSIX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
BUSIX Sortino Ratio Rank: 100100
Sortino Ratio Rank
BUSIX Omega Ratio Rank: 100100
Omega Ratio Rank
BUSIX Calmar Ratio Rank: 100100
Calmar Ratio Rank
BUSIX Martin Ratio Rank: 100100
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.

MYFRX vs. BUSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) and Sterling Capital Ultra Short Bond Fund (BUSIX). 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.


MYFRXBUSIXDifference

Sharpe ratio

Return per unit of total volatility

2.82

3.78

-0.96

Sortino ratio

Return per unit of downside risk

9.40

13.61

-4.21

Omega ratio

Gain probability vs. loss probability

3.15

5.42

-2.27

Calmar ratio

Return relative to maximum drawdown

10.43

16.23

-5.79

Martin ratio

Return relative to average drawdown

35.00

104.01

-69.01

MYFRX vs. BUSIX - Sharpe Ratio Comparison

The current MYFRX Sharpe Ratio is 2.82, which is comparable to the BUSIX Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of MYFRX and BUSIX, 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


MYFRXBUSIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.82

3.78

-0.96

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

2.35

2.81

-0.46

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.52

2.42

-0.90

Sharpe Ratio (All Time)

Calculated using the full available price history

1.44

2.10

-0.66

Correlation

The correlation between MYFRX and BUSIX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

MYFRX vs. BUSIX - Dividend Comparison

MYFRX's dividend yield for the trailing twelve months is around 4.44%, more than BUSIX's 3.89% yield.


TTM20252024202320222021202020192018201720162015
MYFRX
Pioneer Multi-Asset Ultrashort Income Fund
4.44%4.99%5.63%4.74%2.35%1.34%1.92%2.98%2.60%1.88%1.77%1.36%
BUSIX
Sterling Capital Ultra Short Bond Fund
3.89%4.29%4.65%3.48%1.87%1.24%1.72%2.60%2.05%1.57%1.74%1.36%

Drawdowns

MYFRX vs. BUSIX - Drawdown Comparison

The maximum MYFRX drawdown since its inception was -10.08%, which is greater than BUSIX's maximum drawdown of -3.16%. Use the drawdown chart below to compare losses from any high point for MYFRX and BUSIX.


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Drawdown Indicators


MYFRXBUSIXDifference

Max Drawdown

Largest peak-to-trough decline

-10.08%

-3.16%

-6.92%

Max Drawdown (1Y)

Largest decline over 1 year

-0.41%

-0.30%

-0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-1.52%

-1.46%

-0.06%

Max Drawdown (10Y)

Largest decline over 10 years

-10.08%

-3.16%

-6.92%

Current Drawdown

Current decline from peak

-0.21%

0.00%

-0.21%

Average Drawdown

Average peak-to-trough decline

-0.27%

-0.11%

-0.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.12%

0.05%

+0.07%

Volatility

MYFRX vs. BUSIX - Volatility Comparison

The current volatility for Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) is 0.21%, while Sterling Capital Ultra Short Bond Fund (BUSIX) has a volatility of 0.36%. This indicates that MYFRX experiences smaller price fluctuations and is considered to be less risky than BUSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


MYFRXBUSIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.21%

0.36%

-0.15%

Volatility (6M)

Calculated over the trailing 6-month period

1.04%

0.89%

+0.15%

Volatility (1Y)

Calculated over the trailing 1-year period

1.54%

1.32%

+0.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.59%

1.23%

+0.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

1.83%

1.11%

+0.72%