PBMFX vs. SGOV
Compare and contrast key facts about Pioneer AMT Free Municipal Fund (PBMFX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
PBMFX is managed by Amundi US. It was launched on Sep 29, 1996. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBMFX or SGOV.
Correlation
The correlation between PBMFX and SGOV is 0.00, 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.
Performance
PBMFX vs. SGOV - Performance Comparison
Loading data...
Key characteristics
PBMFX:
-0.20
SGOV:
21.07
PBMFX:
-0.18
SGOV:
479.39
PBMFX:
0.97
SGOV:
480.39
PBMFX:
-0.12
SGOV:
490.95
PBMFX:
-0.61
SGOV:
7,793.55
PBMFX:
3.29%
SGOV:
0.00%
PBMFX:
10.79%
SGOV:
0.23%
PBMFX:
-24.08%
SGOV:
-0.03%
PBMFX:
-13.85%
SGOV:
0.00%
Returns By Period
In the year-to-date period, PBMFX achieves a -4.86% return, which is significantly lower than SGOV's 1.52% return.
PBMFX
-4.86%
1.98%
-4.72%
-2.10%
-1.70%
1.24%
SGOV
1.52%
0.32%
2.17%
4.83%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PBMFX vs. SGOV - Expense Ratio Comparison
PBMFX has a 0.78% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
PBMFX vs. SGOV — Risk-Adjusted Performance Rank
PBMFX
SGOV
PBMFX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer AMT Free Municipal Fund (PBMFX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Loading data...
Dividends
PBMFX vs. SGOV - Dividend Comparison
PBMFX's dividend yield for the trailing twelve months is around 3.10%, less than SGOV's 4.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBMFX Pioneer AMT Free Municipal Fund | 3.10% | 3.08% | 2.87% | 2.38% | 1.97% | 3.06% | 2.69% | 2.94% | 2.70% | 2.97% | 3.62% | 3.75% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.70% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PBMFX vs. SGOV - Drawdown Comparison
The maximum PBMFX drawdown since its inception was -24.08%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PBMFX and SGOV. For additional features, visit the drawdowns tool.
Loading data...
Volatility
PBMFX vs. SGOV - Volatility Comparison
Pioneer AMT Free Municipal Fund (PBMFX) has a higher volatility of 3.83% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. This indicates that PBMFX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...