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PIALX vs. GSBFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIALX vs. GSBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Solutions - Balanced Fund (PIALX) and Goldman Sachs Income Builder Fund (GSBFX). The values are adjusted to include any dividend payments, if applicable.

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PIALX vs. GSBFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIALX
Pioneer Solutions - Balanced Fund
-0.83%23.78%8.23%11.73%-8.89%12.66%9.75%15.45%-10.08%12.88%
GSBFX
Goldman Sachs Income Builder Fund
-0.56%10.42%9.32%9.64%-9.53%10.50%9.53%19.38%-4.92%7.94%

Returns By Period

In the year-to-date period, PIALX achieves a -0.83% return, which is significantly lower than GSBFX's -0.56% return. Over the past 10 years, PIALX has outperformed GSBFX with an annualized return of 7.24%, while GSBFX has yielded a comparatively lower 6.69% annualized return.


PIALX

1D
0.08%
1M
-5.29%
YTD
-0.83%
6M
2.92%
1Y
17.83%
3Y*
12.87%
5Y*
7.48%
10Y*
7.24%

GSBFX

1D
0.20%
1M
-4.25%
YTD
-0.56%
6M
1.15%
1Y
9.11%
3Y*
8.84%
5Y*
5.15%
10Y*
6.69%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIALX vs. GSBFX - Expense Ratio Comparison

PIALX has a 0.44% expense ratio, which is lower than GSBFX's 0.79% expense ratio.


Return for Risk

PIALX vs. GSBFX — Risk / Return Rank

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

PIALX
PIALX Risk / Return Rank: 9090
Overall Rank
PIALX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
PIALX Sortino Ratio Rank: 9191
Sortino Ratio Rank
PIALX Omega Ratio Rank: 9191
Omega Ratio Rank
PIALX Calmar Ratio Rank: 8787
Calmar Ratio Rank
PIALX Martin Ratio Rank: 9090
Martin Ratio Rank

GSBFX
GSBFX Risk / Return Rank: 6767
Overall Rank
GSBFX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
GSBFX Sortino Ratio Rank: 7171
Sortino Ratio Rank
GSBFX Omega Ratio Rank: 7272
Omega Ratio Rank
GSBFX Calmar Ratio Rank: 5656
Calmar Ratio Rank
GSBFX Martin Ratio Rank: 6565
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.

PIALX vs. GSBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Solutions - Balanced Fund (PIALX) and Goldman Sachs Income Builder Fund (GSBFX). 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.


PIALXGSBFXDifference

Sharpe ratio

Return per unit of total volatility

2.01

1.28

+0.73

Sortino ratio

Return per unit of downside risk

2.65

1.74

+0.90

Omega ratio

Gain probability vs. loss probability

1.42

1.27

+0.15

Calmar ratio

Return relative to maximum drawdown

2.25

1.32

+0.94

Martin ratio

Return relative to average drawdown

10.13

6.14

+3.99

PIALX vs. GSBFX - Sharpe Ratio Comparison

The current PIALX Sharpe Ratio is 2.01, which is higher than the GSBFX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of PIALX and GSBFX, 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


PIALXGSBFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.01

1.28

+0.73

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.86

0.70

+0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

0.84

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.69

-0.13

Correlation

The correlation between PIALX and GSBFX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

PIALX vs. GSBFX - Dividend Comparison

PIALX's dividend yield for the trailing twelve months is around 5.79%, more than GSBFX's 5.39% yield.


TTM20252024202320222021202020192018201720162015
PIALX
Pioneer Solutions - Balanced Fund
5.79%5.74%5.07%3.97%14.16%6.30%2.79%6.44%5.91%1.81%2.18%10.28%
GSBFX
Goldman Sachs Income Builder Fund
5.39%4.39%5.12%3.41%4.10%6.66%3.05%3.52%3.98%3.52%3.78%3.93%

Drawdowns

PIALX vs. GSBFX - Drawdown Comparison

The maximum PIALX drawdown since its inception was -43.04%, which is greater than GSBFX's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for PIALX and GSBFX.


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Drawdown Indicators


PIALXGSBFXDifference

Max Drawdown

Largest peak-to-trough decline

-43.04%

-37.04%

-6.00%

Max Drawdown (1Y)

Largest decline over 1 year

-7.38%

-6.41%

-0.97%

Max Drawdown (5Y)

Largest decline over 5 years

-18.19%

-15.94%

-2.25%

Max Drawdown (10Y)

Largest decline over 10 years

-26.28%

-23.42%

-2.86%

Current Drawdown

Current decline from peak

-5.50%

-4.25%

-1.25%

Average Drawdown

Average peak-to-trough decline

-5.18%

-4.20%

-0.98%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.64%

1.37%

+0.27%

Volatility

PIALX vs. GSBFX - Volatility Comparison

Pioneer Solutions - Balanced Fund (PIALX) has a higher volatility of 2.81% compared to Goldman Sachs Income Builder Fund (GSBFX) at 2.36%. This indicates that PIALX's price experiences larger fluctuations and is considered to be riskier than GSBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PIALXGSBFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.81%

2.36%

+0.45%

Volatility (6M)

Calculated over the trailing 6-month period

5.24%

4.02%

+1.22%

Volatility (1Y)

Calculated over the trailing 1-year period

8.76%

7.47%

+1.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.73%

7.36%

+1.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.52%

7.96%

+1.56%