PMAIX vs. EXI
Compare and contrast key facts about Pioneer Multi-Asset Income Fund A (PMAIX) and iShares Global Industrials ETF (EXI).
PMAIX is managed by Amundi US. It was launched on Dec 22, 2011. EXI is a passively managed fund by iShares that tracks the performance of the S&P Global 1200 / Industrials -SEC. It was launched on Sep 12, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMAIX or EXI.
Key characteristics
| PMAIX | EXI | |
|---|---|---|
| YTD Return | 8.25% | 18.32% |
| 1Y Return | 12.10% | 30.08% |
| 3Y Return (Ann) | 5.87% | 7.85% |
| 5Y Return (Ann) | 7.43% | 10.71% |
| 10Y Return (Ann) | 6.18% | 9.53% |
| Sharpe Ratio | 2.36 | 2.57 |
| Sortino Ratio | 3.42 | 3.54 |
| Omega Ratio | 1.44 | 1.45 |
| Calmar Ratio | 4.41 | 4.46 |
| Martin Ratio | 13.45 | 15.80 |
| Ulcer Index | 0.90% | 2.10% |
| Daily Std Dev | 5.17% | 12.87% |
| Max Drawdown | -24.12% | -62.60% |
| Current Drawdown | -2.27% | -1.56% |
Correlation
The correlation between PMAIX and EXI is 0.67, 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.
Performance
PMAIX vs. EXI - Performance Comparison
In the year-to-date period, PMAIX achieves a 8.25% return, which is significantly lower than EXI's 18.32% return. Over the past 10 years, PMAIX has underperformed EXI with an annualized return of 6.18%, while EXI has yielded a comparatively higher 9.53% 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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PMAIX vs. EXI - Expense Ratio Comparison
PMAIX has a 0.85% expense ratio, which is higher than EXI's 0.43% expense ratio.
Risk-Adjusted Performance
PMAIX vs. EXI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Multi-Asset Income Fund A (PMAIX) and iShares Global Industrials ETF (EXI). 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
PMAIX vs. EXI - Dividend Comparison
PMAIX's dividend yield for the trailing twelve months is around 7.28%, more than EXI's 1.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMAIX Pioneer Multi-Asset Income Fund A | 7.28% | 6.61% | 5.63% | 5.53% | 5.39% | 5.78% | 5.83% | 6.68% | 5.53% | 5.92% | 6.24% | 5.36% |
EXI iShares Global Industrials ETF | 1.34% | 1.84% | 1.63% | 1.42% | 1.39% | 1.72% | 2.21% | 1.48% | 1.74% | 1.95% | 1.93% | 1.51% |
Drawdowns
PMAIX vs. EXI - Drawdown Comparison
The maximum PMAIX drawdown since its inception was -24.12%, smaller than the maximum EXI drawdown of -62.60%. Use the drawdown chart below to compare losses from any high point for PMAIX and EXI. For additional features, visit the drawdowns tool.
Volatility
PMAIX vs. EXI - Volatility Comparison
The current volatility for Pioneer Multi-Asset Income Fund A (PMAIX) is 1.09%, while iShares Global Industrials ETF (EXI) has a volatility of 3.69%. This indicates that PMAIX experiences smaller price fluctuations and is considered to be less risky than EXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.