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 0.96, 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:
-0.27
SPY:
0.51
PIODX:
-0.20
SPY:
0.86
PIODX:
0.97
SPY:
1.13
PIODX:
-0.22
SPY:
0.55
PIODX:
-0.59
SPY:
2.26
PIODX:
11.31%
SPY:
4.55%
PIODX:
24.66%
SPY:
20.08%
PIODX:
-58.19%
SPY:
-55.19%
PIODX:
-22.25%
SPY:
-9.89%
Returns By Period
In the year-to-date period, PIODX achieves a -7.60% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, PIODX has underperformed SPY with an annualized return of 0.44%, while SPY has yielded a comparatively higher 11.99% annualized return.
PIODX
-7.60%
-5.49%
-19.22%
-7.75%
6.49%
0.44%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 0.56%, less than SPY's 1.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIODX Pioneer Fund | 0.56% | 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 | 1.30% | 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) and SPDR S&P 500 ETF (SPY) have volatilities of 15.66% and 15.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.