ORDNX vs. PYHRX
Compare and contrast key facts about North Square Preferred and Income Securities Fund (ORDNX) and Payden High Income Fund (PYHRX).
ORDNX is managed by North Square. It was launched on Jun 28, 2013. PYHRX is managed by Paydenfunds. It was launched on Dec 30, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ORDNX or PYHRX.
Correlation
The correlation between ORDNX and PYHRX is 0.45, 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
ORDNX vs. PYHRX - Performance Comparison
Key characteristics
ORDNX:
3.04
PYHRX:
2.07
ORDNX:
3.98
PYHRX:
2.81
ORDNX:
1.78
PYHRX:
1.48
ORDNX:
0.73
PYHRX:
1.73
ORDNX:
10.90
PYHRX:
7.83
ORDNX:
0.89%
PYHRX:
0.93%
ORDNX:
3.20%
PYHRX:
3.51%
ORDNX:
-34.38%
PYHRX:
-27.80%
ORDNX:
-4.78%
PYHRX:
-1.53%
Returns By Period
In the year-to-date period, ORDNX achieves a 0.90% return, which is significantly higher than PYHRX's 0.48% return. Over the past 10 years, ORDNX has outperformed PYHRX with an annualized return of 7.76%, while PYHRX has yielded a comparatively lower 5.10% annualized return.
ORDNX
0.90%
-0.52%
0.30%
9.78%
8.24%
7.76%
PYHRX
0.48%
-0.32%
1.06%
7.31%
7.57%
5.10%
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ORDNX vs. PYHRX - Expense Ratio Comparison
ORDNX has a 1.27% expense ratio, which is higher than PYHRX's 0.60% expense ratio.
Risk-Adjusted Performance
ORDNX vs. PYHRX — Risk-Adjusted Performance Rank
ORDNX
PYHRX
ORDNX vs. PYHRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for North Square Preferred and Income Securities Fund (ORDNX) and Payden High Income Fund (PYHRX). 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
ORDNX vs. PYHRX - Dividend Comparison
ORDNX's dividend yield for the trailing twelve months is around 4.34%, less than PYHRX's 7.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ORDNX North Square Preferred and Income Securities Fund | 4.34% | 4.29% | 5.73% | 3.61% | 0.88% | 1.06% | 1.21% | 1.63% | 1.19% | 1.60% | 1.46% | 1.41% |
PYHRX Payden High Income Fund | 7.35% | 7.19% | 6.68% | 6.07% | 4.79% | 5.00% | 5.23% | 5.88% | 5.27% | 5.28% | 5.52% | 6.08% |
Drawdowns
ORDNX vs. PYHRX - Drawdown Comparison
The maximum ORDNX drawdown since its inception was -34.38%, which is greater than PYHRX's maximum drawdown of -27.80%. Use the drawdown chart below to compare losses from any high point for ORDNX and PYHRX. For additional features, visit the drawdowns tool.
Volatility
ORDNX vs. PYHRX - Volatility Comparison
The current volatility for North Square Preferred and Income Securities Fund (ORDNX) is 1.81%, while Payden High Income Fund (PYHRX) has a volatility of 2.44%. This indicates that ORDNX experiences smaller price fluctuations and is considered to be less risky than PYHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.