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PINDX vs. HIMYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PINDX vs. HIMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Disciplined Growth Fund (PINDX) and Pioneer High Income Municipal Fund (HIMYX). The values are adjusted to include any dividend payments, if applicable.

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PINDX vs. HIMYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PINDX
Pioneer Disciplined Growth Fund
-7.35%21.16%19.33%28.67%-21.49%25.59%34.78%35.61%-5.08%26.41%
HIMYX
Pioneer High Income Municipal Fund
-0.90%-1.50%6.07%3.64%-13.08%6.69%1.85%9.56%4.15%8.33%

Returns By Period

In the year-to-date period, PINDX achieves a -7.35% return, which is significantly lower than HIMYX's -0.90% return. Over the past 10 years, PINDX has outperformed HIMYX with an annualized return of 14.38%, while HIMYX has yielded a comparatively lower 2.19% annualized return.


PINDX

1D
3.80%
1M
-4.88%
YTD
-7.35%
6M
-6.31%
1Y
23.30%
3Y*
16.15%
5Y*
10.30%
10Y*
14.38%

HIMYX

1D
0.37%
1M
-2.66%
YTD
-0.90%
6M
-2.34%
1Y
-2.72%
3Y*
1.70%
5Y*
-0.43%
10Y*
2.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PINDX vs. HIMYX - Expense Ratio Comparison

PINDX has a 1.05% expense ratio, which is higher than HIMYX's 0.55% expense ratio.


Return for Risk

PINDX vs. HIMYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PINDX
PINDX Risk / Return Rank: 5858
Overall Rank
PINDX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
PINDX Sortino Ratio Rank: 5959
Sortino Ratio Rank
PINDX Omega Ratio Rank: 5454
Omega Ratio Rank
PINDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
PINDX Martin Ratio Rank: 5454
Martin Ratio Rank

HIMYX
HIMYX Risk / Return Rank: 33
Overall Rank
HIMYX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
HIMYX Sortino Ratio Rank: 22
Sortino Ratio Rank
HIMYX Omega Ratio Rank: 22
Omega Ratio Rank
HIMYX Calmar Ratio Rank: 33
Calmar Ratio Rank
HIMYX Martin Ratio Rank: 44
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PINDX vs. HIMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Disciplined Growth Fund (PINDX) and Pioneer High Income Municipal Fund (HIMYX). 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.


PINDXHIMYXDifference

Sharpe ratio

Return per unit of total volatility

1.05

-0.27

+1.32

Sortino ratio

Return per unit of downside risk

1.61

-0.34

+1.95

Omega ratio

Gain probability vs. loss probability

1.23

0.94

+0.29

Calmar ratio

Return relative to maximum drawdown

1.66

-0.19

+1.85

Martin ratio

Return relative to average drawdown

5.55

-0.38

+5.92

PINDX vs. HIMYX - Sharpe Ratio Comparison

The current PINDX Sharpe Ratio is 1.05, which is higher than the HIMYX Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of PINDX and HIMYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PINDXHIMYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.05

-0.27

+1.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

-0.08

+0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.74

0.44

+0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.52

-0.07

Correlation

The correlation between PINDX and HIMYX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PINDX vs. HIMYX - Dividend Comparison

PINDX's dividend yield for the trailing twelve months is around 4.87%, less than HIMYX's 8.24% yield.


TTM20252024202320222021202020192018201720162015
PINDX
Pioneer Disciplined Growth Fund
4.87%4.51%6.34%0.17%7.23%33.14%27.35%5.20%26.83%12.86%8.57%6.14%
HIMYX
Pioneer High Income Municipal Fund
8.24%8.63%5.32%4.97%3.88%3.71%3.96%5.35%5.20%5.00%5.66%5.65%

Drawdowns

PINDX vs. HIMYX - Drawdown Comparison

The maximum PINDX drawdown since its inception was -52.37%, which is greater than HIMYX's maximum drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for PINDX and HIMYX.


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Drawdown Indicators


PINDXHIMYXDifference

Max Drawdown

Largest peak-to-trough decline

-52.37%

-35.00%

-17.37%

Max Drawdown (1Y)

Largest decline over 1 year

-14.64%

-6.96%

-7.68%

Max Drawdown (5Y)

Largest decline over 5 years

-28.77%

-19.32%

-9.45%

Max Drawdown (10Y)

Largest decline over 10 years

-29.82%

-19.32%

-10.50%

Current Drawdown

Current decline from peak

-11.39%

-6.73%

-4.66%

Average Drawdown

Average peak-to-trough decline

-11.54%

-5.66%

-5.88%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.38%

3.50%

+0.88%

Volatility

PINDX vs. HIMYX - Volatility Comparison

Pioneer Disciplined Growth Fund (PINDX) has a higher volatility of 7.04% compared to Pioneer High Income Municipal Fund (HIMYX) at 1.41%. This indicates that PINDX's price experiences larger fluctuations and is considered to be riskier than HIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PINDXHIMYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.04%

1.41%

+5.63%

Volatility (6M)

Calculated over the trailing 6-month period

13.09%

4.32%

+8.77%

Volatility (1Y)

Calculated over the trailing 1-year period

23.31%

8.39%

+14.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.64%

5.62%

+14.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.47%

5.04%

+14.43%