PIGFX vs. PYEQX
PIGFX (Pioneer Fundamental Growth Fund) and PYEQX (Pioneer Equity Income Y) are both mutual funds - PIGFX is a Large Cap Growth Equities fund managed by Amundi, while PYEQX is a Dividend fund managed by Amundi. Over the past 10 years, PIGFX returned 14.27%/yr vs 9.80%/yr for PYEQX. Their correlation of 0.81 means they have usually moved in the same direction. PIGFX charges 1.00%/yr vs 0.81%/yr for PYEQX.
Performance
PIGFX vs. PYEQX - Performance Comparison
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Returns By Period
In the year-to-date period, PIGFX achieves a 5.04% return, which is significantly lower than PYEQX's 14.32% return. Over the past 10 years, PIGFX has outperformed PYEQX with an annualized return of 14.27%, while PYEQX has yielded a comparatively lower 9.80% annualized return.
PIGFX
- 1D
- 0.38%
- 1M
- 0.17%
- 6M
- 4.66%
- YTD
- 5.04%
- 1Y
- 10.54%
- 3Y*
- 15.36%
- 5Y*
- 9.75%
- 10Y*
- 14.27%
- ALL TIME*
- 9.80%
PYEQX
- 1D
- 0.35%
- 1M
- 2.65%
- 6M
- 8.79%
- YTD
- 14.32%
- 1Y
- 23.59%
- 3Y*
- 12.83%
- 5Y*
- 8.68%
- 10Y*
- 9.80%
- ALL TIME*
- 7.61%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PIGFX vs. PYEQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIGFX Pioneer Fundamental Growth Fund | 5.04% | 14.20% | 17.46% | 32.80% | -20.79% | 23.80% | 27.20% | 33.88% | -0.64% | 22.58% |
PYEQX Pioneer Equity Income Y | 14.32% | 11.46% | 11.46% | 7.54% | -7.92% | 25.56% | 0.09% | 25.76% | -8.70% | 15.27% |
Correlation
The correlation between PIGFX and PYEQX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2002 | 0.81 |
Over the past year, the correlation between PIGFX and PYEQX has dropped to 0.42 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
PIGFX vs. PYEQX — Risk / Return Rank
PIGFX
PYEQX
PIGFX vs. PYEQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and Pioneer Equity Income Y (PYEQX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PIGFX | PYEQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.85 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.33 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 0.60 | 2.75 | -2.15 |
| Martin ratioReturn relative to average drawdown | 1.96 | 9.07 | -7.11 |
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Drawdowns
PIGFX vs. PYEQX - Drawdown Comparison
The maximum PIGFX drawdown since its inception was -44.04%, smaller than the maximum PYEQX drawdown of -53.72%. Use the drawdown chart below to compare losses from any high point for PIGFX and PYEQX.
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Drawdown Indicators
| PIGFX | PYEQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.04% | -53.72% | +9.68% |
Max Drawdown (1Y)Largest decline over 1 year | -14.32% | -7.97% | -6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -19.99% | -16.77% | -3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -27.12% | -20.14% | -6.98% |
Max Drawdown (10Y)Largest decline over 10 years | -31.47% | -37.88% | +6.41% |
Current DrawdownCurrent decline from peak | -0.46% | -0.73% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -6.35% | -7.62% | +1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.38% | 2.42% | +1.96% |
Volatility
PIGFX vs. PYEQX - Volatility Comparison
Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 3.83% compared to Pioneer Equity Income Y (PYEQX) at 3.48%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than PYEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PIGFX | PYEQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 3.48% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 12.03% | 8.34% | +3.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 11.45% | +3.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.85% | 15.23% | +3.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.96% | 17.16% | +1.80% |
PIGFX vs. PYEQX - Expense Ratio Comparison
PIGFX has a 1.00% expense ratio, which is higher than PYEQX's 0.81% expense ratio.
Dividends
PIGFX vs. PYEQX - Dividend Comparison
PIGFX's dividend yield for the trailing twelve months is around 18.26%, more than PYEQX's 7.88% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGFX Pioneer Fundamental Growth Fund | 18.26% | 19.18% | 5.75% | 3.41% | 4.39% | 20.14% | 9.08% | 5.43% | 6.07% | 4.66% | 2.19% | 4.40% |
PYEQX Pioneer Equity Income Y | 7.88% | 8.95% | 39.97% | 17.70% | 12.73% | 9.44% | 1.77% | 4.15% | 7.99% | 5.46% | 13.20% | 10.34% |
Frequently Asked Questions
PIGFX and PYEQX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIGFX has higher volatility (3.83%) compared to PYEQX (3.48%). In terms of maximum drawdown, PIGFX dropped -44.04% vs PYEQX's -53.72%.
PYEQX currently has the higher Sharpe Ratio (1.92 vs 0.57), 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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