PIGFX vs. MYFRX
PIGFX (Pioneer Fundamental Growth Fund) and MYFRX (Pioneer Multi-Asset Ultrashort Income Fund) are both mutual funds - PIGFX is a Large Cap Growth Equities fund managed by Amundi, while MYFRX is a Ultrashort Bond fund managed by Amundi. Over the past 10 years, PIGFX returned 14.64%/yr vs 2.84%/yr for MYFRX. At a 0.05 correlation, their price movements are largely independent. PIGFX charges 1.00%/yr vs 0.44%/yr for MYFRX.
Performance
PIGFX vs. MYFRX - Performance Comparison
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Returns By Period
In the year-to-date period, PIGFX achieves a 4.58% return, which is significantly higher than MYFRX's 1.73% return. Over the past 10 years, PIGFX has outperformed MYFRX with an annualized return of 14.64%, while MYFRX has yielded a comparatively lower 2.84% annualized return.
PIGFX
- 1D
- -0.29%
- 1M
- 4.17%
- YTD
- 4.58%
- 6M
- 3.80%
- 1Y
- 16.40%
- 3Y*
- 17.57%
- 5Y*
- 11.21%
- 10Y*
- 14.64%
MYFRX
- 1D
- 0.00%
- 1M
- 0.37%
- YTD
- 1.73%
- 6M
- 2.04%
- 1Y
- 4.47%
- 3Y*
- 5.33%
- 5Y*
- 3.91%
- 10Y*
- 2.84%
PIGFX vs. MYFRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIGFX Pioneer Fundamental Growth Fund | 4.58% | 14.20% | 17.46% | 32.80% | -20.79% | 23.80% | 27.20% | 33.88% | -0.64% | 22.58% |
MYFRX Pioneer Multi-Asset Ultrashort Income Fund | 1.73% | 4.68% | 6.25% | 6.32% | 0.26% | 1.56% | -0.51% | 3.34% | 1.80% | 1.80% |
Correlation
The correlation between PIGFX and MYFRX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.07 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since May 2, 2011 | 0.05 |
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Return for Risk
PIGFX vs. MYFRX — Risk / Return Rank
PIGFX
MYFRX
PIGFX vs. MYFRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and Pioneer Multi-Asset Ultrashort Income Fund (MYFRX). 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.
| PIGFX | MYFRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.88 | ||
| Sortino ratioReturn per unit of downside risk | -8.87 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 3.64 | -2.43 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 14.49 | -13.29 |
| Martin ratioReturn relative to average drawdown | 3.95 | 53.81 | -49.86 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PIGFX | MYFRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.21 | 3.09 | -1.88 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 2.45 | -1.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 1.55 | -0.77 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.48 | -0.94 |
Drawdowns
PIGFX vs. MYFRX - Drawdown Comparison
The maximum PIGFX drawdown since its inception was -44.04%, which is greater than MYFRX's maximum drawdown of -10.08%. Use the drawdown chart below to compare losses from any high point for PIGFX and MYFRX.
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Drawdown Indicators
| PIGFX | MYFRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.04% | -10.08% | -33.96% |
Max Drawdown (1Y)Largest decline over 1 year | -14.32% | -0.31% | -14.01% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -0.73% | -19.26% |
Max Drawdown (5Y)Largest decline over 5 years | -27.12% | -1.52% | -25.60% |
Max Drawdown (10Y)Largest decline over 10 years | -31.47% | -10.08% | -21.39% |
Current DrawdownCurrent decline from peak | -0.66% | 0.00% | -0.66% |
Average DrawdownAverage peak-to-trough decline | -6.38% | -0.26% | -6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.32% | 0.08% | +4.24% |
Volatility
PIGFX vs. MYFRX - Volatility Comparison
Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 3.69% compared to Pioneer Multi-Asset Ultrashort Income Fund (MYFRX) at 0.39%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than MYFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIGFX | MYFRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.69% | 0.39% | +3.30% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 0.97% | +9.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.10% | 1.45% | +12.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.71% | 1.61% | +17.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.90% | 1.84% | +17.06% |
PIGFX vs. MYFRX - Expense Ratio Comparison
PIGFX has a 1.00% expense ratio, which is higher than MYFRX's 0.44% expense ratio.
Dividends
PIGFX vs. MYFRX - Dividend Comparison
PIGFX's dividend yield for the trailing twelve months is around 18.34%, more than MYFRX's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MYFRX Pioneer Multi-Asset Ultrashort Income Fund | 4.69% | 4.99% | 5.63% | 4.74% | 2.35% | 1.34% | 1.92% | 2.98% | 2.60% | 1.88% | 1.77% | 1.36% |
PIGFX Pioneer Fundamental Growth Fund | 18.34% | 19.18% | 5.75% | 3.41% | 4.39% | 20.14% | 9.08% | 5.43% | 6.07% | 4.66% | 2.19% | 4.40% |
Frequently Asked Questions
PIGFX and MYFRX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIGFX has higher volatility (3.69%) compared to MYFRX (0.39%). In terms of maximum drawdown, PIGFX dropped -44.04% vs MYFRX's -10.08%.
MYFRX currently has the higher Sharpe Ratio (3.09 vs 1.21), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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