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PIOBX vs. PIODX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIOBX vs. PIODX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Bond Fund (PIOBX) and Pioneer Fund (PIODX). The values are adjusted to include any dividend payments, if applicable.

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PIOBX vs. PIODX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIOBX
Pioneer Bond Fund
-0.56%8.09%1.22%5.68%-14.96%0.36%8.51%8.95%-0.87%4.24%
PIODX
Pioneer Fund
-4.16%23.30%22.62%28.45%-19.43%27.40%24.01%31.04%-1.48%21.79%

Returns By Period

In the year-to-date period, PIOBX achieves a -0.56% return, which is significantly higher than PIODX's -4.16% return. Over the past 10 years, PIOBX has underperformed PIODX with an annualized return of 2.06%, while PIODX has yielded a comparatively higher 14.89% annualized return.


PIOBX

1D
0.48%
1M
-2.43%
YTD
-0.56%
6M
0.43%
1Y
4.23%
3Y*
3.53%
5Y*
0.04%
10Y*
2.06%

PIODX

1D
-0.73%
1M
-8.92%
YTD
-4.16%
6M
0.23%
1Y
27.06%
3Y*
21.05%
5Y*
12.41%
10Y*
14.89%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIOBX vs. PIODX - Expense Ratio Comparison

PIOBX has a 0.79% expense ratio, which is lower than PIODX's 1.06% expense ratio.


Return for Risk

PIOBX vs. PIODX — Risk / Return Rank

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

PIOBX
PIOBX Risk / Return Rank: 6060
Overall Rank
PIOBX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
PIOBX Sortino Ratio Rank: 5959
Sortino Ratio Rank
PIOBX Omega Ratio Rank: 4545
Omega Ratio Rank
PIOBX Calmar Ratio Rank: 7777
Calmar Ratio Rank
PIOBX Martin Ratio Rank: 5959
Martin Ratio Rank

PIODX
PIODX Risk / Return Rank: 7777
Overall Rank
PIODX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PIODX Sortino Ratio Rank: 7676
Sortino Ratio Rank
PIODX Omega Ratio Rank: 7373
Omega Ratio Rank
PIODX Calmar Ratio Rank: 8181
Calmar Ratio Rank
PIODX Martin Ratio Rank: 8585
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.

PIOBX vs. PIODX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Bond Fund (PIOBX) and Pioneer Fund (PIODX). 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.


PIOBXPIODXDifference

Sharpe ratio

Return per unit of total volatility

1.06

1.28

-0.22

Sortino ratio

Return per unit of downside risk

1.53

1.87

-0.34

Omega ratio

Gain probability vs. loss probability

1.19

1.27

-0.08

Calmar ratio

Return relative to maximum drawdown

1.81

1.92

-0.12

Martin ratio

Return relative to average drawdown

5.66

8.74

-3.08

PIOBX vs. PIODX - Sharpe Ratio Comparison

The current PIOBX Sharpe Ratio is 1.06, which is comparable to the PIODX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of PIOBX and PIODX, 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


PIOBXPIODXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

1.28

-0.22

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.01

0.65

-0.65

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.80

-0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

0.52

+0.21

Correlation

The correlation between PIOBX and PIODX is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

PIOBX vs. PIODX - Dividend Comparison

PIOBX's dividend yield for the trailing twelve months is around 3.45%, less than PIODX's 10.46% yield.


TTM20252024202320222021202020192018201720162015
PIOBX
Pioneer Bond Fund
3.45%3.78%3.31%2.46%1.62%5.71%4.62%3.02%3.13%3.01%2.97%3.05%
PIODX
Pioneer Fund
10.46%10.04%14.17%2.86%4.13%16.18%5.82%9.37%15.37%21.35%20.51%14.53%

Drawdowns

PIOBX vs. PIODX - Drawdown Comparison

The maximum PIOBX drawdown since its inception was -21.80%, smaller than the maximum PIODX drawdown of -53.40%. Use the drawdown chart below to compare losses from any high point for PIOBX and PIODX.


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Drawdown Indicators


PIOBXPIODXDifference

Max Drawdown

Largest peak-to-trough decline

-21.80%

-53.40%

+31.60%

Max Drawdown (1Y)

Largest decline over 1 year

-2.96%

-12.75%

+9.79%

Max Drawdown (5Y)

Largest decline over 5 years

-19.64%

-26.55%

+6.91%

Max Drawdown (10Y)

Largest decline over 10 years

-19.64%

-30.14%

+10.50%

Current Drawdown

Current decline from peak

-3.18%

-9.99%

+6.81%

Average Drawdown

Average peak-to-trough decline

-3.56%

-8.62%

+5.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.95%

2.80%

-1.85%

Volatility

PIOBX vs. PIODX - Volatility Comparison

The current volatility for Pioneer Bond Fund (PIOBX) is 1.53%, while Pioneer Fund (PIODX) has a volatility of 5.29%. This indicates that PIOBX experiences smaller price fluctuations and is considered to be less risky than PIODX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PIOBXPIODXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.53%

5.29%

-3.76%

Volatility (6M)

Calculated over the trailing 6-month period

2.47%

11.51%

-9.04%

Volatility (1Y)

Calculated over the trailing 1-year period

4.46%

21.40%

-16.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.97%

19.06%

-13.09%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.91%

18.78%

-13.87%