PIAMX vs. FAGIX
Compare and contrast key facts about PIA High Yield (MACS) Fund (PIAMX) and Fidelity Capital & Income Fund (FAGIX).
PIAMX is managed by PIA Mutual Funds. It was launched on Dec 26, 2017. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIAMX or FAGIX.
Key characteristics
| PIAMX | FAGIX | |
|---|---|---|
| YTD Return | 8.65% | 8.36% |
| 1Y Return | 13.75% | 14.04% |
| 3Y Return (Ann) | 4.41% | 3.23% |
| 5Y Return (Ann) | 6.38% | 6.85% |
| Sharpe Ratio | 4.22 | 2.94 |
| Daily Std Dev | 3.23% | 5.13% |
| Max Drawdown | -18.15% | -37.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between PIAMX and FAGIX is 0.63, 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
PIAMX vs. FAGIX - Performance Comparison
The year-to-date returns for both stocks are quite close, with PIAMX having a 8.65% return and FAGIX slightly lower at 8.36%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PIAMX vs. FAGIX - Expense Ratio Comparison
PIAMX has a 0.20% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
PIAMX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIA High Yield (MACS) Fund (PIAMX) and Fidelity Capital & Income Fund (FAGIX). 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
PIAMX vs. FAGIX - Dividend Comparison
PIAMX's dividend yield for the trailing twelve months is around 8.19%, more than FAGIX's 5.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIAMX PIA High Yield (MACS) Fund | 8.19% | 8.12% | 8.71% | 8.64% | 6.63% | 6.96% | 7.14% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% |
FAGIX Fidelity Capital & Income Fund | 5.17% | 5.29% | 11.37% | 6.55% | 4.88% | 4.98% | 7.31% | 5.03% | 4.12% | 5.00% | 8.04% | 5.47% |
Drawdowns
PIAMX vs. FAGIX - Drawdown Comparison
The maximum PIAMX drawdown since its inception was -18.15%, smaller than the maximum FAGIX drawdown of -37.79%. Use the drawdown chart below to compare losses from any high point for PIAMX and FAGIX. For additional features, visit the drawdowns tool.
Volatility
PIAMX vs. FAGIX - Volatility Comparison
The current volatility for PIA High Yield (MACS) Fund (PIAMX) is 0.54%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 1.37%. This indicates that PIAMX experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.