Correlation
The correlation between PLUSX and HIMYX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
PLUSX vs. HIMYX
Compare and contrast key facts about DWS Multi-Asset Moderate Allocation Fund (PLUSX) and Pioneer High Income Municipal Fund (HIMYX).
PLUSX is managed by DWS. It was launched on Oct 31, 2004. HIMYX is managed by Amundi US. It was launched on Oct 15, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PLUSX or HIMYX.
Performance
PLUSX vs. HIMYX - Performance Comparison
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Key characteristics
PLUSX:
-0.74
HIMYX:
0.73
PLUSX:
-0.70
HIMYX:
1.00
PLUSX:
0.76
HIMYX:
1.21
PLUSX:
-0.60
HIMYX:
0.47
PLUSX:
-1.19
HIMYX:
3.11
PLUSX:
19.34%
HIMYX:
1.73%
PLUSX:
30.66%
HIMYX:
7.68%
PLUSX:
-58.18%
HIMYX:
-34.96%
PLUSX:
-31.44%
HIMYX:
-6.52%
Returns By Period
In the year-to-date period, PLUSX achieves a 2.68% return, which is significantly higher than HIMYX's -2.66% return. Over the past 10 years, PLUSX has underperformed HIMYX with an annualized return of -2.37%, while HIMYX has yielded a comparatively higher 2.86% annualized return.
PLUSX
2.68%
3.11%
-28.05%
-22.99%
-6.39%
-2.46%
-2.37%
HIMYX
-2.66%
-1.50%
-2.88%
4.94%
0.84%
1.44%
2.86%
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PLUSX vs. HIMYX - Expense Ratio Comparison
PLUSX has a 0.60% expense ratio, which is higher than HIMYX's 0.55% expense ratio.
Risk-Adjusted Performance
PLUSX vs. HIMYX — Risk-Adjusted Performance Rank
PLUSX
HIMYX
PLUSX vs. HIMYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Multi-Asset Moderate Allocation Fund (PLUSX) and Pioneer High Income Municipal Fund (HIMYX). 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
PLUSX vs. HIMYX - Dividend Comparison
PLUSX's dividend yield for the trailing twelve months is around 40.51%, more than HIMYX's 4.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLUSX DWS Multi-Asset Moderate Allocation Fund | 40.51% | 41.59% | 5.79% | 2.99% | 9.66% | 4.23% | 5.79% | 5.55% | 5.58% | 6.06% | 10.87% | 12.98% |
HIMYX Pioneer High Income Municipal Fund | 4.83% | 4.89% | 5.37% | 4.45% | 3.71% | 3.92% | 4.93% | 5.22% | 5.06% | 5.71% | 5.70% | 5.91% |
Drawdowns
PLUSX vs. HIMYX - Drawdown Comparison
The maximum PLUSX drawdown since its inception was -58.18%, which is greater than HIMYX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for PLUSX and HIMYX.
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Volatility
PLUSX vs. HIMYX - Volatility Comparison
DWS Multi-Asset Moderate Allocation Fund (PLUSX) has a higher volatility of 2.61% compared to Pioneer High Income Municipal Fund (HIMYX) at 0.93%. This indicates that PLUSX's price experiences larger fluctuations and is considered to be riskier than HIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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