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PEQIX vs. SYFFX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PEQIX vs. SYFFX

Last updated Jun 24, 2026

PEQIX (Pioneer Equity Income Fund) and SYFFX (Pioneer Securitized Income Fund) are both mutual funds - PEQIX is a Large Cap Value Equities fund managed by Amundi, while SYFFX is a Nontraditional Bonds fund managed by Amundi. Over the past 5 years, PEQIX returned 7.89%/yr vs 5.29%/yr for SYFFX. At a 0.09 correlation, their price movements are largely independent. PEQIX charges 1.02%/yr vs 0.65%/yr for SYFFX.

Performance

PEQIX vs. SYFFX - Performance Comparison

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

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Returns By Period

In the year-to-date period, PEQIX achieves a 9.37% return, which is significantly higher than SYFFX's 1.72% return.

PEQIX

1D
0.64%
1M
0.01%
YTD
9.37%
6M
8.88%
1Y
18.19%
3Y*
13.02%
5Y*
7.89%
10Y*
9.46%

SYFFX

1D
-0.11%
1M
0.41%
YTD
1.72%
6M
2.37%
1Y
5.05%
3Y*
8.49%
5Y*
5.29%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PEQIX vs. SYFFX - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
PEQIX
Pioneer Equity Income Fund		9.37%11.30%11.18%6.84%-8.08%25.28%-0.20%2.30%
SYFFX
Pioneer Securitized Income Fund		1.72%6.83%9.33%13.51%-5.15%5.45%-3.68%0.50%

Correlation

The correlation between PEQIX and SYFFX is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.18

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

0.15

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

0.11

Correlation (All Time)
Calculated using the full available price history since Dec 9, 2019

0.09

Compare stocks, funds, or ETFs

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Pioneer Equity Income Fund

Pioneer Securitized Income Fund

Often compared with PEQIX:
PEQIX vs. SCHDPEQIX vs. VWIAXPEQIX vs. QQQPEQIX vs. EICIXPEQIX vs. PCGRXPEQIX vs. PIODXPEQIX vs. XILSX
Often compared with SYFFX:
SYFFX vs. JBBBSYFFX vs. RDFISYFFX vs. PZRMXSYFFX vs. RCTIXSYFFX vs. PAAASYFFX vs. PIMIXSYFFX vs. JPIE

Return for Risk

PEQIX vs. SYFFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PEQIX
PEQIX Risk / Return Rank: 3939
Overall Rank
PEQIX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
PEQIX Sortino Ratio Rank: 3838
Sortino Ratio Rank
PEQIX Omega Ratio Rank: 3535
Omega Ratio Rank
PEQIX Calmar Ratio Rank: 4444
Calmar Ratio Rank
PEQIX Martin Ratio Rank: 3737
Martin Ratio Rank
SYFFX
SYFFX Risk / Return Rank: 7070
Overall Rank
SYFFX Sharpe Ratio Rank: 5454
Sharpe Ratio Rank
SYFFX Sortino Ratio Rank: 8787
Sortino Ratio Rank
SYFFX Omega Ratio Rank: 8888
Omega Ratio Rank
SYFFX Calmar Ratio Rank: 7777
Calmar Ratio Rank
SYFFX Martin Ratio Rank: 4444
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. SYFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Equity Income Fund (PEQIX) and Pioneer Securitized Income Fund (SYFFX). 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.

PEQIXSYFFXDifference
Sharpe ratioReturn per unit of total volatility
1.69
2.01

-0.32

Sortino ratioReturn per unit of downside risk
2.40
3.87

-1.47

Omega ratioGain probability vs. loss probability

1.29

1.58

-0.29

Calmar ratioReturn relative to maximum drawdown

2.42

3.27

-0.85

Martin ratioReturn relative to average drawdown

7.68

8.80

-1.12

PEQIX vs. SYFFX - Sharpe Ratio Comparison

The current PEQIX Sharpe Ratio is 1.69, which is comparable to the SYFFX Sharpe Ratio of 2.01. The chart below compares the historical Sharpe Ratios of PEQIX and SYFFX, 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

PEQIX vs. SYFFX - Drawdown Comparison

The maximum PEQIX drawdown since its inception was -54.08%, which is greater than SYFFX's maximum drawdown of -38.78%. Use the drawdown chart below to compare losses from any high point for PEQIX and SYFFX.

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Drawdown Indicators

PEQIXSYFFXDifference

Max Drawdown

Largest peak-to-trough decline

-54.08%

-38.78%

-15.30%

Max Drawdown (1Y)

Largest decline over 1 year

-8.01%

-1.55%

-6.46%

Max Drawdown (3Y)

Largest decline over 3 years

-16.84%

-1.55%

-15.29%

Max Drawdown (5Y)

Largest decline over 5 years

-20.24%

-6.11%

-14.13%

Max Drawdown (10Y)

Largest decline over 10 years

-37.93%

—

—

Current Drawdown

Current decline from peak

-1.61%

-0.32%

-1.29%

Average Drawdown

Average peak-to-trough decline

-6.57%

-3.88%

-2.69%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.52%

0.58%

+1.94%

Volatility

PEQIX vs. SYFFX - Volatility Comparison

Pioneer Equity Income Fund (PEQIX) has a higher volatility of 3.48% compared to Pioneer Securitized Income Fund (SYFFX) at 0.72%. This indicates that PEQIX's price experiences larger fluctuations and is considered to be riskier than SYFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PEQIXSYFFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.48%

0.72%

+2.76%

Volatility (6M)

Calculated over the trailing 6-month period

8.42%

1.67%

+6.75%

Volatility (1Y)

Calculated over the trailing 1-year period

11.53%

2.53%

+9.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.26%

3.04%

+12.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.20%

8.75%

+8.45%

PEQIX vs. SYFFX - Expense Ratio Comparison

PEQIX has a 1.02% expense ratio, which is higher than SYFFX's 0.65% expense ratio.

Dividends

PEQIX vs. SYFFX - Dividend Comparison

PEQIX's dividend yield for the trailing twelve months is around 8.35%, more than SYFFX's 6.46% yield.

PositionTTM20252024202320222021202020192018201720162015
PEQIX
Pioneer Equity Income Fund		8.35%9.08%40.97%17.42%12.72%9.34%1.59%4.00%7.75%5.31%13.11%10.13%
SYFFX
Pioneer Securitized Income Fund		6.46%6.62%6.94%8.07%5.96%2.48%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

PEQIX and SYFFX have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PEQIX has higher volatility (3.48%) compared to SYFFX (0.72%). In terms of maximum drawdown, PEQIX dropped -54.08% vs SYFFX's -38.78%.

SYFFX currently has the higher Sharpe Ratio (2.01 vs 1.69), 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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