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PIODX vs. TYHYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PIODX vs. TYHYX - Performance Comparison

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

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PIODX vs. TYHYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PIODX
Pioneer Fund
-4.16%23.30%22.62%28.45%-19.43%27.40%24.01%31.04%-1.48%21.79%
TYHYX
Pioneer High Yield Fund
-1.37%7.99%6.55%9.17%-11.19%5.99%3.35%14.36%-3.30%7.87%

Returns By Period

In the year-to-date period, PIODX achieves a -4.16% return, which is significantly lower than TYHYX's -1.37% return. Over the past 10 years, PIODX has outperformed TYHYX with an annualized return of 14.89%, while TYHYX has yielded a comparatively lower 4.92% annualized return.


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%

TYHYX

1D
0.12%
1M
-2.36%
YTD
-1.37%
6M
0.16%
1Y
5.28%
3Y*
6.35%
5Y*
2.76%
10Y*
4.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PIODX vs. TYHYX - Expense Ratio Comparison

PIODX has a 1.06% expense ratio, which is higher than TYHYX's 0.85% expense ratio.


Return for Risk

PIODX vs. TYHYX — Risk / Return Rank

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

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

TYHYX
TYHYX Risk / Return Rank: 8080
Overall Rank
TYHYX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
TYHYX Sortino Ratio Rank: 8484
Sortino Ratio Rank
TYHYX Omega Ratio Rank: 8888
Omega Ratio Rank
TYHYX Calmar Ratio Rank: 7171
Calmar Ratio Rank
TYHYX Martin Ratio Rank: 7070
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.

PIODX vs. TYHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Fund (PIODX) and Pioneer High Yield Fund (TYHYX). 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.


PIODXTYHYXDifference

Sharpe ratio

Return per unit of total volatility

1.28

1.60

-0.32

Sortino ratio

Return per unit of downside risk

1.87

2.23

-0.35

Omega ratio

Gain probability vs. loss probability

1.27

1.38

-0.11

Calmar ratio

Return relative to maximum drawdown

1.92

1.64

+0.28

Martin ratio

Return relative to average drawdown

8.74

6.69

+2.05

PIODX vs. TYHYX - Sharpe Ratio Comparison

The current PIODX Sharpe Ratio is 1.28, which is comparable to the TYHYX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of PIODX and TYHYX, 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


PIODXTYHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.28

1.60

-0.32

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.65

0.63

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.80

0.95

-0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.91

-0.39

Correlation

The correlation between PIODX and TYHYX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

PIODX vs. TYHYX - Dividend Comparison

PIODX's dividend yield for the trailing twelve months is around 10.46%, more than TYHYX's 5.45% yield.


TTM20252024202320222021202020192018201720162015
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%
TYHYX
Pioneer High Yield Fund
5.45%5.91%4.13%4.10%5.23%4.44%5.23%5.17%5.13%4.97%5.12%6.29%

Drawdowns

PIODX vs. TYHYX - Drawdown Comparison

The maximum PIODX drawdown since its inception was -53.40%, which is greater than TYHYX's maximum drawdown of -40.86%. Use the drawdown chart below to compare losses from any high point for PIODX and TYHYX.


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Drawdown Indicators


PIODXTYHYXDifference

Max Drawdown

Largest peak-to-trough decline

-53.40%

-40.86%

-12.54%

Max Drawdown (1Y)

Largest decline over 1 year

-12.75%

-3.33%

-9.42%

Max Drawdown (5Y)

Largest decline over 5 years

-26.55%

-14.11%

-12.44%

Max Drawdown (10Y)

Largest decline over 10 years

-30.14%

-23.73%

-6.41%

Current Drawdown

Current decline from peak

-9.99%

-2.38%

-7.61%

Average Drawdown

Average peak-to-trough decline

-8.62%

-4.01%

-4.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.80%

0.82%

+1.98%

Volatility

PIODX vs. TYHYX - Volatility Comparison

Pioneer Fund (PIODX) has a higher volatility of 5.29% compared to Pioneer High Yield Fund (TYHYX) at 1.24%. This indicates that PIODX's price experiences larger fluctuations and is considered to be riskier than TYHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PIODXTYHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.29%

1.24%

+4.05%

Volatility (6M)

Calculated over the trailing 6-month period

11.51%

2.09%

+9.42%

Volatility (1Y)

Calculated over the trailing 1-year period

21.40%

3.66%

+17.74%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.06%

4.38%

+14.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.78%

5.20%

+13.58%