PIODX vs. SPY
Compare and contrast key facts about Pioneer Fund (PIODX) and SPDR S&P 500 ETF (SPY).
PIODX is managed by Amundi US. It was launched on Feb 10, 1928. 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: PIODX or SPY.
Correlation
The correlation between PIODX and SPY is 0.94, 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
PIODX vs. SPY - Performance Comparison
Key characteristics
PIODX:
0.28
SPY:
1.75
PIODX:
0.45
SPY:
2.36
PIODX:
1.08
SPY:
1.32
PIODX:
0.30
SPY:
2.66
PIODX:
0.76
SPY:
11.01
PIODX:
6.92%
SPY:
2.03%
PIODX:
18.83%
SPY:
12.77%
PIODX:
-58.19%
SPY:
-55.19%
PIODX:
-14.95%
SPY:
-2.12%
Returns By Period
In the year-to-date period, PIODX achieves a 1.07% return, which is significantly lower than SPY's 2.36% return. Over the past 10 years, PIODX has underperformed SPY with an annualized return of 1.25%, while SPY has yielded a comparatively higher 12.96% annualized return.
PIODX
1.07%
-3.66%
-10.82%
2.85%
6.09%
1.25%
SPY
2.36%
-1.07%
7.41%
19.73%
14.21%
12.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIODX vs. SPY - Expense Ratio Comparison
PIODX has a 1.06% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
PIODX vs. SPY — Risk-Adjusted Performance Rank
PIODX
SPY
PIODX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Fund (PIODX) 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
PIODX vs. SPY - Dividend Comparison
PIODX's dividend yield for the trailing twelve months is around 0.54%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIODX Pioneer Fund | 0.54% | 0.55% | 0.76% | 0.58% | 0.12% | 0.44% | 0.82% | 1.15% | 1.00% | 1.18% | 0.94% | 1.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PIODX vs. SPY - Drawdown Comparison
The maximum PIODX drawdown since its inception was -58.19%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PIODX and SPY. For additional features, visit the drawdowns tool.
Volatility
PIODX vs. SPY - Volatility Comparison
Pioneer Fund (PIODX) has a higher volatility of 4.52% compared to SPDR S&P 500 ETF (SPY) at 3.38%. This indicates that PIODX'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.