PHT vs. SGOV
Compare and contrast key facts about Pioneer High Income Fund, Inc. (PHT) and iShares 0-3 Month Treasury Bond ETF (SGOV).
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: PHT or SGOV.
Correlation
The correlation between PHT 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
PHT vs. SGOV - Performance Comparison
Key characteristics
PHT:
0.88
SGOV:
21.13
PHT:
1.21
SGOV:
477.40
PHT:
1.21
SGOV:
478.40
PHT:
0.66
SGOV:
488.86
PHT:
4.47
SGOV:
7,760.39
PHT:
2.26%
SGOV:
0.00%
PHT:
11.49%
SGOV:
0.23%
PHT:
-60.95%
SGOV:
-0.03%
PHT:
-4.67%
SGOV:
0.00%
Returns By Period
In the year-to-date period, PHT achieves a 0.26% return, which is significantly lower than SGOV's 1.46% return.
PHT
0.26%
7.75%
1.16%
9.81%
11.74%
4.32%
SGOV
1.46%
0.33%
2.17%
4.86%
N/A
N/A
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Risk-Adjusted Performance
PHT vs. SGOV — Risk-Adjusted Performance Rank
PHT
SGOV
PHT vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer High Income Fund, Inc. (PHT) 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.
Dividends
PHT vs. SGOV - Dividend Comparison
PHT's dividend yield for the trailing twelve months is around 8.74%, more than SGOV's 4.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHT Pioneer High Income Fund, Inc. | 8.74% | 8.52% | 9.37% | 11.38% | 8.12% | 9.25% | 8.49% | 9.71% | 8.63% | 9.37% | 14.36% | 9.54% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.71% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHT vs. SGOV - Drawdown Comparison
The maximum PHT drawdown since its inception was -60.95%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PHT and SGOV. For additional features, visit the drawdowns tool.
Volatility
PHT vs. SGOV - Volatility Comparison
Pioneer High Income Fund, Inc. (PHT) has a higher volatility of 6.37% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. This indicates that PHT'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.