PBBBX vs. PMTGX
Compare and contrast key facts about PIA BBB Bond Fund (PBBBX) and PIA MBS Bond Fund (PMTGX).
PBBBX is managed by PIA Mutual Funds. It was launched on Sep 25, 2003. PMTGX is managed by PIA Mutual Funds. It was launched on Feb 27, 2006.
Performance
PBBBX vs. PMTGX - Performance Comparison
Loading graphics...
PBBBX vs. PMTGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBBBX PIA BBB Bond Fund | -0.91% | 8.14% | 2.41% | 9.19% | -16.35% | -1.20% | 9.37% | 16.49% | -3.02% | 7.16% |
PMTGX PIA MBS Bond Fund | -0.09% | 7.83% | 0.96% | 4.73% | -11.37% | -1.18% | 3.85% | 6.02% | 0.76% | 2.35% |
Returns By Period
In the year-to-date period, PBBBX achieves a -0.91% return, which is significantly lower than PMTGX's -0.09% return. Over the past 10 years, PBBBX has outperformed PMTGX with an annualized return of 3.01%, while PMTGX has yielded a comparatively lower 1.21% annualized return.
PBBBX
- 1D
- 0.35%
- 1M
- -1.95%
- YTD
- -0.91%
- 6M
- -0.40%
- 1Y
- 4.42%
- 3Y*
- 5.03%
- 5Y*
- 0.68%
- 10Y*
- 3.01%
PMTGX
- 1D
- 0.24%
- 1M
- -1.77%
- YTD
- -0.09%
- 6M
- 1.29%
- 1Y
- 4.36%
- 3Y*
- 3.65%
- 5Y*
- 0.24%
- 10Y*
- 1.21%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PBBBX vs. PMTGX - Expense Ratio Comparison
PBBBX has a 0.15% expense ratio, which is lower than PMTGX's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
PBBBX vs. PMTGX — Risk / Return Rank
PBBBX
PMTGX
PBBBX vs. PMTGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIA BBB Bond Fund (PBBBX) and PIA MBS Bond Fund (PMTGX). 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.
| PBBBX | PMTGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.01 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.50 | 1.47 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.18 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.60 | -0.07 |
Martin ratioReturn relative to average drawdown | 5.14 | 4.30 | +0.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PBBBX | PMTGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.01 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.04 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.26 | +0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.75 | 0.73 | +0.02 |
Correlation
The correlation between PBBBX and PMTGX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PBBBX vs. PMTGX - Dividend Comparison
PBBBX's dividend yield for the trailing twelve months is around 3.77%, which matches PMTGX's 3.78% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBBBX PIA BBB Bond Fund | 3.77% | 4.02% | 3.82% | 3.57% | 3.24% | 2.85% | 3.16% | 3.78% | 4.20% | 3.75% | 3.95% | 4.12% |
PMTGX PIA MBS Bond Fund | 3.78% | 4.10% | 4.16% | 3.48% | 2.17% | 0.79% | 2.12% | 2.96% | 2.76% | 2.75% | 2.96% | 2.79% |
Drawdowns
PBBBX vs. PMTGX - Drawdown Comparison
The maximum PBBBX drawdown since its inception was -23.00%, which is greater than PMTGX's maximum drawdown of -17.09%. Use the drawdown chart below to compare losses from any high point for PBBBX and PMTGX.
Loading graphics...
Drawdown Indicators
| PBBBX | PMTGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.00% | -17.09% | -5.91% |
Max Drawdown (1Y)Largest decline over 1 year | -3.30% | -3.13% | -0.17% |
Max Drawdown (5Y)Largest decline over 5 years | -23.00% | -16.86% | -6.14% |
Max Drawdown (10Y)Largest decline over 10 years | -23.00% | -17.09% | -5.91% |
Current DrawdownCurrent decline from peak | -2.51% | -2.23% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -3.50% | -2.13% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | 1.16% | -0.18% |
Volatility
PBBBX vs. PMTGX - Volatility Comparison
PIA BBB Bond Fund (PBBBX) and PIA MBS Bond Fund (PMTGX) have volatilities of 1.76% and 1.79%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PBBBX | PMTGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.76% | 1.79% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.73% | 2.83% | -0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.76% | 4.94% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 6.22% | +0.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.02% | 4.72% | +1.30% |