PIOTX vs. IVV
Compare and contrast key facts about Pioneer Core Equity Fund (PIOTX) and iShares Core S&P 500 ETF (IVV).
PIOTX is managed by Amundi US. It was launched on Nov 18, 1999. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIOTX or IVV.
Correlation
The correlation between PIOTX and IVV 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
PIOTX vs. IVV - Performance Comparison
Key characteristics
PIOTX:
0.96
IVV:
1.88
PIOTX:
1.30
IVV:
2.53
PIOTX:
1.18
IVV:
1.34
PIOTX:
0.54
IVV:
2.83
PIOTX:
4.26
IVV:
11.73
PIOTX:
2.82%
IVV:
2.03%
PIOTX:
12.54%
IVV:
12.65%
PIOTX:
-71.56%
IVV:
-55.25%
PIOTX:
-11.54%
IVV:
0.00%
Returns By Period
In the year-to-date period, PIOTX achieves a 6.55% return, which is significantly higher than IVV's 4.62% return. Over the past 10 years, PIOTX has underperformed IVV with an annualized return of 4.01%, while IVV has yielded a comparatively higher 13.29% annualized return.
PIOTX
6.55%
3.68%
6.70%
13.41%
3.52%
4.01%
IVV
4.62%
2.60%
10.01%
25.06%
14.79%
13.29%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PIOTX vs. IVV - Expense Ratio Comparison
PIOTX has a 0.88% expense ratio, which is higher than IVV's 0.03% expense ratio.
Risk-Adjusted Performance
PIOTX vs. IVV — Risk-Adjusted Performance Rank
PIOTX
IVV
PIOTX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Core Equity Fund (PIOTX) and iShares Core S&P 500 ETF (IVV). 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
PIOTX vs. IVV - Dividend Comparison
PIOTX's dividend yield for the trailing twelve months is around 0.90%, less than IVV's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIOTX Pioneer Core Equity Fund | 0.90% | 0.96% | 1.04% | 0.91% | 0.49% | 0.65% | 0.74% | 0.89% | 0.79% | 1.13% | 0.74% | 0.94% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
Drawdowns
PIOTX vs. IVV - Drawdown Comparison
The maximum PIOTX drawdown since its inception was -71.56%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for PIOTX and IVV. For additional features, visit the drawdowns tool.
Volatility
PIOTX vs. IVV - Volatility Comparison
The current volatility for Pioneer Core Equity Fund (PIOTX) is 2.78%, while iShares Core S&P 500 ETF (IVV) has a volatility of 2.99%. This indicates that PIOTX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.