PIGFX vs. ^GSPC
Compare and contrast key facts about Pioneer Fundamental Growth Fund (PIGFX) and S&P 500 (^GSPC).
PIGFX is managed by Amundi US. It was launched on Aug 22, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIGFX or ^GSPC.
Correlation
The correlation between PIGFX and ^GSPC is 0.91, 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. ^GSPC - Performance Comparison
Key characteristics
PIGFX:
-0.34
^GSPC:
0.24
PIGFX:
-0.33
^GSPC:
0.47
PIGFX:
0.95
^GSPC:
1.07
PIGFX:
-0.30
^GSPC:
0.24
PIGFX:
-1.10
^GSPC:
1.08
PIGFX:
6.57%
^GSPC:
4.25%
PIGFX:
21.30%
^GSPC:
19.00%
PIGFX:
-41.72%
^GSPC:
-56.78%
PIGFX:
-19.31%
^GSPC:
-14.02%
Returns By Period
The year-to-date returns for both stocks are quite close, with PIGFX having a -10.17% return and ^GSPC slightly lower at -10.18%. Over the past 10 years, PIGFX has underperformed ^GSPC with an annualized return of 5.00%, while ^GSPC has yielded a comparatively higher 9.70% annualized return.
PIGFX
-10.17%
-6.48%
-16.48%
-6.14%
4.17%
5.00%
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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Risk-Adjusted Performance
PIGFX vs. ^GSPC — Risk-Adjusted Performance Rank
PIGFX
^GSPC
PIGFX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fundamental Growth Fund (PIGFX) and S&P 500 (^GSPC). 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.
Drawdowns
PIGFX vs. ^GSPC - Drawdown Comparison
The maximum PIGFX drawdown since its inception was -41.72%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PIGFX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PIGFX vs. ^GSPC - Volatility Comparison
Pioneer Fundamental Growth Fund (PIGFX) has a higher volatility of 15.67% compared to S&P 500 (^GSPC) at 13.60%. This indicates that PIGFX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.