PGHYX vs. FLHY
Compare and contrast key facts about Pioneer Global High Yield Fund (PGHYX) and Franklin Liberty High Yield Corporate ETF (FLHY).
PGHYX is managed by Amundi US. It was launched on Aug 27, 2001. FLHY is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGHYX or FLHY.
Correlation
The correlation between PGHYX and FLHY is 0.43, 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.
Performance
PGHYX vs. FLHY - Performance Comparison
Key characteristics
Returns By Period
PGHYX
N/A
N/A
N/A
N/A
N/A
N/A
FLHY
1.47%
0.67%
2.80%
9.64%
4.49%
N/A
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PGHYX vs. FLHY - Expense Ratio Comparison
PGHYX has a 1.14% expense ratio, which is higher than FLHY's 0.40% expense ratio.
Risk-Adjusted Performance
PGHYX vs. FLHY — Risk-Adjusted Performance Rank
PGHYX
FLHY
PGHYX vs. FLHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Global High Yield Fund (PGHYX) and Franklin Liberty High Yield Corporate ETF (FLHY). 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.
Dividends
PGHYX vs. FLHY - Dividend Comparison
PGHYX has not paid dividends to shareholders, while FLHY's dividend yield for the trailing twelve months is around 6.45%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGHYX Pioneer Global High Yield Fund | 0.00% | 0.00% | 5.00% | 4.72% | 3.82% | 4.66% | 4.51% | 4.82% | 4.39% | 5.10% | 5.59% | 5.85% |
FLHY Franklin Liberty High Yield Corporate ETF | 6.45% | 6.51% | 6.25% | 6.54% | 5.50% | 5.48% | 5.45% | 4.28% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PGHYX vs. FLHY - Drawdown Comparison
Volatility
PGHYX vs. FLHY - Volatility Comparison
The current volatility for Pioneer Global High Yield Fund (PGHYX) is 0.00%, while Franklin Liberty High Yield Corporate ETF (FLHY) has a volatility of 0.91%. This indicates that PGHYX experiences smaller price fluctuations and is considered to be less risky than FLHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.