PIGFX vs. SPY
Compare and contrast key facts about Pioneer Fundamental Growth Fund (PIGFX) and SPDR S&P 500 ETF (SPY).
PIGFX is managed by Amundi US. It was launched on Aug 22, 2002. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIGFX or SPY.
Correlation
The correlation between PIGFX and SPY is 0.90, 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.
Performance
PIGFX vs. SPY - Performance Comparison
Key characteristics
PIGFX:
-0.34
SPY:
0.30
PIGFX:
-0.33
SPY:
0.56
PIGFX:
0.95
SPY:
1.08
PIGFX:
-0.30
SPY:
0.31
PIGFX:
-1.10
SPY:
1.40
PIGFX:
6.57%
SPY:
4.18%
PIGFX:
21.30%
SPY:
19.64%
PIGFX:
-41.72%
SPY:
-55.19%
PIGFX:
-19.31%
SPY:
-13.86%
Returns By Period
The year-to-date returns for both investments are quite close, with PIGFX having a -10.17% return and SPY slightly higher at -9.91%. Over the past 10 years, PIGFX has underperformed SPY with an annualized return of 5.00%, while SPY has yielded a comparatively higher 11.59% annualized return.
PIGFX
-10.17%
-6.48%
-16.48%
-6.14%
4.17%
5.00%
SPY
-9.91%
-6.90%
-9.38%
6.72%
14.62%
11.59%
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PIGFX vs. SPY - Expense Ratio Comparison
PIGFX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PIGFX vs. SPY — Risk-Adjusted Performance Rank
PIGFX
SPY
PIGFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and SPDR S&P 500 ETF (SPY). 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
PIGFX vs. SPY - Dividend Comparison
PIGFX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGFX Pioneer Fundamental Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.04% | 0.24% | 0.17% | 0.29% | 0.28% | 0.26% |
SPY SPDR S&P 500 ETF | 1.36% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PIGFX vs. SPY - Drawdown Comparison
The maximum PIGFX drawdown since its inception was -41.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PIGFX and SPY. For additional features, visit the drawdowns tool.
Volatility
PIGFX vs. SPY - Volatility Comparison
Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 15.67% compared to SPDR S&P 500 ETF (SPY) at 14.52%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.