PIOTX vs. VOO
Compare and contrast key facts about Pioneer Core Equity Fund (PIOTX) and Vanguard S&P 500 ETF (VOO).
PIOTX is managed by Amundi US. It was launched on Nov 18, 1999. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PIOTX or VOO.
Key characteristics
| PIOTX | VOO | |
|---|---|---|
| YTD Return | 15.85% | 27.26% |
| 1Y Return | 23.61% | 37.86% |
| 3Y Return (Ann) | -3.98% | 10.35% |
| 5Y Return (Ann) | 4.50% | 16.03% |
| 10Y Return (Ann) | 4.31% | 13.45% |
| Sharpe Ratio | 2.10 | 3.25 |
| Sortino Ratio | 2.83 | 4.31 |
| Omega Ratio | 1.38 | 1.61 |
| Calmar Ratio | 0.88 | 4.74 |
| Martin Ratio | 12.58 | 21.63 |
| Ulcer Index | 2.01% | 1.85% |
| Daily Std Dev | 12.02% | 12.25% |
| Max Drawdown | -72.06% | -33.99% |
| Current Drawdown | -11.89% | 0.00% |
Correlation
The correlation between PIOTX and VOO 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
PIOTX vs. VOO - Performance Comparison
In the year-to-date period, PIOTX achieves a 15.85% return, which is significantly lower than VOO's 27.26% return. Over the past 10 years, PIOTX has underperformed VOO with an annualized return of 4.31%, while VOO has yielded a comparatively higher 13.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PIOTX vs. VOO - Expense Ratio Comparison
PIOTX has a 0.88% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PIOTX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Core Equity Fund (PIOTX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
PIOTX's dividend yield for the trailing twelve months is around 0.90%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIOTX Pioneer Core Equity Fund | 0.90% | 1.04% | 0.91% | 0.49% | 0.65% | 0.74% | 0.89% | 0.79% | 1.13% | 0.74% | 0.94% | 0.60% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
PIOTX vs. VOO - Drawdown Comparison
The maximum PIOTX drawdown since its inception was -72.06%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PIOTX and VOO. For additional features, visit the drawdowns tool.
Volatility
PIOTX vs. VOO - Volatility Comparison
The current volatility for Pioneer Core Equity Fund (PIOTX) is 3.53%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.92%. This indicates that PIOTX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.