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 | 9.92% | 18.91% |
1Y Return | 16.39% | 28.20% |
3Y Return (Ann) | 4.89% | 9.93% |
5Y Return (Ann) | 12.09% | 15.31% |
10Y Return (Ann) | 10.38% | 12.87% |
Sharpe Ratio | 1.29 | 2.21 |
Daily Std Dev | 12.38% | 12.64% |
Max Drawdown | -59.58% | -33.99% |
Current Drawdown | -0.48% | -0.60% |
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 9.92% return, which is significantly lower than VOO's 18.91% return. Over the past 10 years, PIOTX has underperformed VOO with an annualized return of 10.38%, while VOO has yielded a comparatively higher 12.87% 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 2.58%, more than VOO's 1.28% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Pioneer Core Equity Fund | 2.58% | 2.83% | 7.10% | 20.38% | 8.56% | 3.06% | 19.73% | 9.04% | 1.13% | 0.74% | 0.94% | 1.36% |
Vanguard S&P 500 ETF | 1.28% | 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 -59.58%, 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 3.61%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.83%. 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.