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
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Key characteristics
PIODX:
-0.10
SPY:
0.68
PIODX:
0.02
SPY:
1.09
PIODX:
1.00
SPY:
1.16
PIODX:
-0.09
SPY:
0.73
PIODX:
-0.23
SPY:
2.81
PIODX:
12.25%
SPY:
4.88%
PIODX:
25.17%
SPY:
20.30%
PIODX:
-58.19%
SPY:
-55.19%
PIODX:
-12.87%
SPY:
-2.66%
Returns By Period
In the year-to-date period, PIODX achieves a 3.54% return, which is significantly higher than SPY's 1.80% return. Over the past 10 years, PIODX has underperformed SPY with an annualized return of 1.47%, while SPY has yielded a comparatively higher 12.75% annualized return.
PIODX
3.54%
17.83%
-10.17%
-2.49%
9.61%
7.90%
1.47%
SPY
1.80%
13.00%
1.78%
13.78%
16.84%
16.59%
12.75%
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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.
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Dividends
PIODX vs. SPY - Dividend Comparison
PIODX's dividend yield for the trailing twelve months is around 0.50%, less than SPY's 1.20% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PIODX Pioneer Fund | 0.50% | 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 | 1.20% | 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.
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Volatility
PIODX vs. SPY - Volatility Comparison
Pioneer Fund (PIODX) has a higher volatility of 7.02% compared to SPDR S&P 500 ETF (SPY) at 5.51%. 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.
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