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PEQIX vs. PMAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PEQIX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Equity Income Fund (PEQIX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

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PEQIX vs. PMAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PEQIX
Pioneer Equity Income Fund
2.24%11.30%11.18%6.84%-8.08%25.28%-0.20%25.46%-8.93%15.00%
PMAIX
Pioneer Multi-Asset Income Fund A
0.80%23.03%6.09%7.32%-0.79%12.00%5.35%10.88%-6.10%17.97%

Returns By Period

In the year-to-date period, PEQIX achieves a 2.24% return, which is significantly higher than PMAIX's 0.80% return. Both investments have delivered pretty close results over the past 10 years, with PEQIX having a 8.79% annualized return and PMAIX not far behind at 8.45%.


PEQIX

1D
0.16%
1M
-4.49%
YTD
2.24%
6M
6.04%
1Y
11.30%
3Y*
10.49%
5Y*
7.26%
10Y*
8.79%

PMAIX

1D
0.15%
1M
-3.62%
YTD
0.80%
6M
4.12%
1Y
16.77%
3Y*
11.84%
5Y*
7.92%
10Y*
8.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PEQIX vs. PMAIX - Expense Ratio Comparison

PEQIX has a 1.02% expense ratio, which is higher than PMAIX's 0.85% expense ratio.


Return for Risk

PEQIX vs. PMAIX — Risk / Return Rank

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

PEQIX
PEQIX Risk / Return Rank: 3232
Overall Rank
PEQIX Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
PEQIX Sortino Ratio Rank: 3333
Sortino Ratio Rank
PEQIX Omega Ratio Rank: 3535
Omega Ratio Rank
PEQIX Calmar Ratio Rank: 3030
Calmar Ratio Rank
PEQIX Martin Ratio Rank: 3030
Martin Ratio Rank

PMAIX
PMAIX Risk / Return Rank: 9393
Overall Rank
PMAIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMAIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PMAIX Omega Ratio Rank: 9595
Omega Ratio Rank
PMAIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PMAIX Martin Ratio Rank: 9292
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.

PEQIX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Equity Income Fund (PEQIX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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.


PEQIXPMAIXDifference

Sharpe ratio

Return per unit of total volatility

0.76

2.39

-1.63

Sortino ratio

Return per unit of downside risk

1.12

3.02

-1.90

Omega ratio

Gain probability vs. loss probability

1.17

1.51

-0.34

Calmar ratio

Return relative to maximum drawdown

0.85

2.32

-1.47

Martin ratio

Return relative to average drawdown

3.31

10.88

-7.58

PEQIX vs. PMAIX - Sharpe Ratio Comparison

The current PEQIX Sharpe Ratio is 0.76, which is lower than the PMAIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of PEQIX and PMAIX, 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


PEQIXPMAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.76

2.39

-1.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

1.11

-0.63

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

1.12

-0.60

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

1.12

-0.55

Correlation

The correlation between PEQIX and PMAIX is 0.68, 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.


Dividends

PEQIX vs. PMAIX - Dividend Comparison

PEQIX's dividend yield for the trailing twelve months is around 8.80%, more than PMAIX's 5.82% yield.


TTM20252024202320222021202020192018201720162015
PEQIX
Pioneer Equity Income Fund
8.80%9.08%40.97%17.42%12.72%9.34%1.59%4.00%7.75%5.31%13.11%10.13%
PMAIX
Pioneer Multi-Asset Income Fund A
5.82%6.29%5.30%5.14%4.53%5.50%5.39%5.78%5.83%6.69%5.53%5.92%

Drawdowns

PEQIX vs. PMAIX - Drawdown Comparison

The maximum PEQIX drawdown since its inception was -54.08%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for PEQIX and PMAIX.


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Drawdown Indicators


PEQIXPMAIXDifference

Max Drawdown

Largest peak-to-trough decline

-54.08%

-24.12%

-29.96%

Max Drawdown (1Y)

Largest decline over 1 year

-13.19%

-7.06%

-6.13%

Max Drawdown (5Y)

Largest decline over 5 years

-20.24%

-13.97%

-6.27%

Max Drawdown (10Y)

Largest decline over 10 years

-37.93%

-24.12%

-13.81%

Current Drawdown

Current decline from peak

-6.59%

-3.62%

-2.97%

Average Drawdown

Average peak-to-trough decline

-6.60%

-2.68%

-3.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.38%

1.51%

+1.87%

Volatility

PEQIX vs. PMAIX - Volatility Comparison

Pioneer Equity Income Fund (PEQIX) has a higher volatility of 3.18% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.19%. This indicates that PEQIX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PEQIXPMAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.18%

2.19%

+0.99%

Volatility (6M)

Calculated over the trailing 6-month period

8.58%

4.15%

+4.43%

Volatility (1Y)

Calculated over the trailing 1-year period

16.82%

7.19%

+9.63%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.29%

7.20%

+8.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.17%

7.58%

+9.59%