PIGFX vs. USMV
Compare and contrast key facts about Pioneer Fundamental Growth Fund (PIGFX) and iShares Edge MSCI Min Vol USA ETF (USMV).
PIGFX is managed by Amundi US. It was launched on Aug 22, 2002. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIGFX or USMV.
Correlation
The correlation between PIGFX and USMV is 0.81, 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. USMV - Performance Comparison
Key characteristics
PIGFX:
0.60
USMV:
2.11
PIGFX:
0.86
USMV:
2.92
PIGFX:
1.12
USMV:
1.39
PIGFX:
0.56
USMV:
2.71
PIGFX:
2.25
USMV:
8.64
PIGFX:
3.71%
USMV:
2.15%
PIGFX:
14.05%
USMV:
8.85%
PIGFX:
-41.72%
USMV:
-33.10%
PIGFX:
-7.44%
USMV:
-1.08%
Returns By Period
In the year-to-date period, PIGFX achieves a 3.04% return, which is significantly lower than USMV's 4.88% return. Over the past 10 years, PIGFX has underperformed USMV with an annualized return of 6.82%, while USMV has yielded a comparatively higher 10.70% annualized return.
PIGFX
3.04%
2.80%
4.25%
7.49%
4.74%
6.82%
USMV
4.88%
5.28%
8.51%
17.84%
8.26%
10.70%
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PIGFX vs. USMV - Expense Ratio Comparison
PIGFX has a 1.00% expense ratio, which is higher than USMV's 0.15% expense ratio.
Risk-Adjusted Performance
PIGFX vs. USMV — Risk-Adjusted Performance Rank
PIGFX
USMV
PIGFX vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and iShares Edge MSCI Min Vol USA ETF (USMV). 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. USMV - Dividend Comparison
PIGFX has not paid dividends to shareholders, while USMV's dividend yield for the trailing twelve months is around 1.60%.
| 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% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.60% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% |
Drawdowns
PIGFX vs. USMV - Drawdown Comparison
The maximum PIGFX drawdown since its inception was -41.72%, which is greater than USMV's maximum drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for PIGFX and USMV. For additional features, visit the drawdowns tool.
Volatility
PIGFX vs. USMV - Volatility Comparison
Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 3.68% compared to iShares Edge MSCI Min Vol USA ETF (USMV) at 2.73%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.