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PBBBX vs. EIC
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

PBBBX vs. EIC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIA BBB Bond Fund (PBBBX) and Eagle Point Income Company Inc. (EIC). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PBBBX achieves a 0.25% return, which is significantly higher than EIC's -4.14% return.


PBBBX

1D
-0.35%
1M
0.81%
YTD
0.25%
6M
0.56%
1Y
4.93%
3Y*
5.45%
5Y*
0.41%
10Y*
2.82%

EIC

1D
1.11%
1M
-2.77%
YTD
-4.14%
6M
-4.56%
1Y
-12.70%
3Y*
6.55%
5Y*
4.46%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

PBBBX vs. EIC - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
PBBBX
PIA BBB Bond Fund
0.25%8.14%2.41%9.19%-16.35%-1.20%9.37%4.97%
EIC
Eagle Point Income Company Inc.
-4.14%-15.28%24.02%20.86%-10.48%28.01%-14.41%-2.31%

Correlation

The correlation between PBBBX and EIC is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.16

Correlation (3Y)
Calculated over the trailing 3-year period

0.08

Correlation (5Y)
Calculated over the trailing 5-year period

0.08

Correlation (All Time)
Calculated using the full available price history since Jul 24, 2019

0.08

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Return for Risk

PBBBX vs. EIC — Risk / Return Rank

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

PBBBX
PBBBX Risk / Return Rank: 2222
Overall Rank
PBBBX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
PBBBX Sortino Ratio Rank: 2323
Sortino Ratio Rank
PBBBX Omega Ratio Rank: 2222
Omega Ratio Rank
PBBBX Calmar Ratio Rank: 2121
Calmar Ratio Rank
PBBBX Martin Ratio Rank: 2121
Martin Ratio Rank

EIC
EIC Risk / Return Rank: 2020
Overall Rank
EIC Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
EIC Sortino Ratio Rank: 1515
Sortino Ratio Rank
EIC Omega Ratio Rank: 1616
Omega Ratio Rank
EIC Calmar Ratio Rank: 2727
Calmar Ratio Rank
EIC Martin Ratio Rank: 2727
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.

PBBBX vs. EIC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIA BBB Bond Fund (PBBBX) and Eagle Point Income Company Inc. (EIC). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


PBBBXEICDifference
Sharpe ratioReturn per unit of total volatility

+1.91

Sortino ratioReturn per unit of downside risk

+2.64

Omega ratioGain probability vs. loss probability

1.23

0.90

+0.32

Calmar ratioReturn relative to maximum drawdown

1.57

-0.44

+2.02

Martin ratioReturn relative to average drawdown

4.74

-0.81

+5.55

PBBBX vs. EIC - Sharpe Ratio Comparison

The current PBBBX Sharpe Ratio is 1.27, which is higher than the EIC Sharpe Ratio of -0.64. The chart below compares the historical Sharpe Ratios of PBBBX and EIC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

PBBBX vs. EIC - Drawdown Comparison

The maximum PBBBX drawdown since its inception was -23.00%, smaller than the maximum EIC drawdown of -67.08%. Use the drawdown chart below to compare losses from any high point for PBBBX and EIC.


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Drawdown Indicators


PBBBXEICDifference

Max Drawdown

Largest peak-to-trough decline

-23.00%

-67.08%

+44.08%

Max Drawdown (1Y)

Largest decline over 1 year

-3.30%

-28.67%

+25.37%

Max Drawdown (3Y)

Largest decline over 3 years

-6.39%

-34.06%

+27.67%

Max Drawdown (5Y)

Largest decline over 5 years

-23.00%

-34.06%

+11.06%

Max Drawdown (10Y)

Largest decline over 10 years

-23.00%

Current Drawdown

Current decline from peak

-1.37%

-24.15%

+22.78%

Average Drawdown

Average peak-to-trough decline

-3.48%

-12.33%

+8.85%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

15.77%

-14.68%

Volatility

PBBBX vs. EIC - Volatility Comparison

The current volatility for PIA BBB Bond Fund (PBBBX) is 1.16%, while Eagle Point Income Company Inc. (EIC) has a volatility of 4.88%. This indicates that PBBBX experiences smaller price fluctuations and is considered to be less risky than EIC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PBBBXEICDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.16%

4.88%

-3.72%

Volatility (6M)

Calculated over the trailing 6-month period

3.13%

14.24%

-11.11%

Volatility (1Y)

Calculated over the trailing 1-year period

4.09%

19.95%

-15.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.68%

20.28%

-13.60%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.03%

37.37%

-31.34%

Dividends

PBBBX vs. EIC - Dividend Comparison

PBBBX's dividend yield for the trailing twelve months is around 3.79%, less than EIC's 17.13% yield.


PositionTTM20252024202320222021202020192018201720162015
EIC
Eagle Point Income Company Inc.
17.13%17.35%15.44%13.59%11.03%7.78%10.39%3.65%0.00%0.00%0.00%0.00%
PBBBX
PIA BBB Bond Fund
3.79%4.02%3.82%3.57%3.24%2.85%3.16%3.78%4.20%3.75%3.95%4.12%

Frequently Asked Questions


PBBBX and EIC have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EIC has higher volatility (4.88%) compared to PBBBX (1.16%). In terms of maximum drawdown, PBBBX dropped -23.00% vs EIC's -67.08%.

PBBBX currently has the higher Sharpe Ratio (1.27 vs -0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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