PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PHD vs. IDVO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PHD and IDVO is 0.39, 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.


-0.50.00.51.00.4

Performance

PHD vs. IDVO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Floating Rate Fund, Inc. (PHD) and Amplify International Enhanced Dividend Income ETF (IDVO). The values are adjusted to include any dividend payments, if applicable.

30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
38.76%
36.39%
PHD
IDVO

Key characteristics

Sharpe Ratio

PHD:

2.08

IDVO:

0.87

Sortino Ratio

PHD:

2.72

IDVO:

1.23

Omega Ratio

PHD:

1.44

IDVO:

1.15

Calmar Ratio

PHD:

2.11

IDVO:

1.24

Martin Ratio

PHD:

20.74

IDVO:

4.69

Ulcer Index

PHD:

0.85%

IDVO:

2.44%

Daily Std Dev

PHD:

8.48%

IDVO:

13.22%

Max Drawdown

PHD:

-63.59%

IDVO:

-11.00%

Current Drawdown

PHD:

-1.93%

IDVO:

-4.02%

Returns By Period

In the year-to-date period, PHD achieves a 16.86% return, which is significantly higher than IDVO's 10.05% return.


PHD

YTD

16.86%

1M

-0.27%

6M

4.51%

1Y

17.28%

5Y*

7.10%

10Y*

6.49%

IDVO

YTD

10.05%

1M

-1.57%

6M

1.70%

1Y

10.10%

5Y*

N/A

10Y*

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.


Risk-Adjusted Performance

PHD vs. IDVO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Floating Rate Fund, Inc. (PHD) and Amplify International Enhanced Dividend Income ETF (IDVO). 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.


Sharpe ratio
The chart of Sharpe ratio for PHD, currently valued at 2.08, compared to the broader market-4.00-2.000.002.002.080.87
The chart of Sortino ratio for PHD, currently valued at 2.72, compared to the broader market-4.00-2.000.002.004.002.721.23
The chart of Omega ratio for PHD, currently valued at 1.44, compared to the broader market0.501.001.502.001.441.15
The chart of Calmar ratio for PHD, currently valued at 3.10, compared to the broader market0.002.004.006.003.101.24
The chart of Martin ratio for PHD, currently valued at 20.74, compared to the broader market-5.000.005.0010.0015.0020.0025.0020.744.69
PHD
IDVO

The current PHD Sharpe Ratio is 2.08, which is higher than the IDVO Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of PHD and IDVO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.08
0.87
PHD
IDVO

Dividends

PHD vs. IDVO - Dividend Comparison

PHD's dividend yield for the trailing twelve months is around 11.38%, more than IDVO's 6.09% yield.


TTM20232022202120202019201820172016201520142013
PHD
Pioneer Floating Rate Fund, Inc.
11.38%11.96%9.78%6.30%6.71%7.33%6.71%6.28%6.13%6.50%6.50%7.26%
IDVO
Amplify International Enhanced Dividend Income ETF
6.09%5.71%1.96%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PHD vs. IDVO - Drawdown Comparison

The maximum PHD drawdown since its inception was -63.59%, which is greater than IDVO's maximum drawdown of -11.00%. Use the drawdown chart below to compare losses from any high point for PHD and IDVO. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.93%
-4.02%
PHD
IDVO

Volatility

PHD vs. IDVO - Volatility Comparison

The current volatility for Pioneer Floating Rate Fund, Inc. (PHD) is 2.03%, while Amplify International Enhanced Dividend Income ETF (IDVO) has a volatility of 3.63%. This indicates that PHD experiences smaller price fluctuations and is considered to be less risky than IDVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
2.03%
3.63%
PHD
IDVO
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab