PMEFX vs. FYMIX
PMEFX (Penn Mutual AM 1847 Income Fund) and FYMIX (Fidelity Sustainable Multi-Asset Fund) are both Diversified Portfolio funds. Over the past 3 years, PMEFX returned 4.63%/yr vs 13.11%/yr for FYMIX. Their 0.71 correlation means they have sometimes moved together and sometimes differently. PMEFX charges 0.65%/yr vs 0.05%/yr for FYMIX.
Performance
PMEFX vs. FYMIX - Performance Comparison
Loading charts...
Returns By Period
PMEFX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -3.78%
- 3Y*
- 4.63%
- 5Y*
- 2.89%
- 10Y*
- —
- ALL TIME*
- 5.31%
FYMIX
- 1D
- -1.03%
- 1M
- -3.61%
- 6M
- 2.28%
- YTD
- 6.00%
- 1Y
- 14.64%
- 3Y*
- 13.11%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 7.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PMEFX vs. FYMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
PMEFX Penn Mutual AM 1847 Income Fund | 0.00% | 1.11% | 9.80% | 9.80% | -4.40% |
FYMIX Fidelity Sustainable Multi-Asset Fund | 6.00% | 18.95% | 11.09% | 16.15% | -15.71% |
Correlation
The correlation between PMEFX and FYMIX is 0.28, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.28 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022 | 0.71 |
Over the past year, the correlation between PMEFX and FYMIX has dropped to 0.28 - well below their long-term average of 0.71, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PMEFX vs. FYMIX — Risk / Return Rank
PMEFX
FYMIX
PMEFX vs. FYMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Penn Mutual AM 1847 Income Fund (PMEFX) and Fidelity Sustainable Multi-Asset Fund (FYMIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PMEFX | FYMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.86 | ||
| Sortino ratioReturn per unit of downside risk | -2.39 | ||
| Omega ratioGain probability vs. loss probability | 0.68 | 1.22 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.67 | 1.63 | -2.29 |
| Martin ratioReturn relative to average drawdown | -0.83 | 6.72 | -7.55 |
Loading charts...
Drawdowns
PMEFX vs. FYMIX - Drawdown Comparison
The maximum PMEFX drawdown since its inception was -13.27%, smaller than the maximum FYMIX drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for PMEFX and FYMIX.
Loading charts...
Drawdown Indicators
| PMEFX | FYMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.27% | -22.70% | +9.43% |
Max Drawdown (1Y)Largest decline over 1 year | -7.19% | -8.80% | +1.61% |
Max Drawdown (3Y)Largest decline over 3 years | -10.04% | -12.72% | +2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -12.12% | — | — |
Current DrawdownCurrent decline from peak | -7.19% | -3.76% | -3.43% |
Average DrawdownAverage peak-to-trough decline | -3.19% | -5.49% | +2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.30% | 2.13% | +3.17% |
Volatility
PMEFX vs. FYMIX - Volatility Comparison
The current volatility for Penn Mutual AM 1847 Income Fund (PMEFX) is 0.00%, while Fidelity Sustainable Multi-Asset Fund (FYMIX) has a volatility of 2.78%. This indicates that PMEFX experiences smaller price fluctuations and is considered to be less risky than FYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PMEFX | FYMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.78% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 9.98% | -9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.48% | 11.77% | -4.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.83% | 12.77% | -4.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 12.77% | -5.16% |
PMEFX vs. FYMIX - Expense Ratio Comparison
PMEFX has a 0.65% expense ratio, which is higher than FYMIX's 0.05% expense ratio.
Dividends
PMEFX vs. FYMIX - Dividend Comparison
PMEFX's dividend yield for the trailing twelve months is around 5.89%, more than FYMIX's 3.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
FYMIX Fidelity Sustainable Multi-Asset Fund | 3.48% | 3.69% | 1.84% | 1.78% | 1.79% | 0.00% | 0.00% |
PMEFX Penn Mutual AM 1847 Income Fund | 5.89% | 8.73% | 6.16% | 4.41% | 3.25% | 13.55% | 1.00% |
Frequently Asked Questions
PMEFX and FYMIX have a correlation of 0.28, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FYMIX has higher volatility (2.78%) compared to PMEFX (0.00%). In terms of maximum drawdown, PMEFX dropped -13.27% vs FYMIX's -22.70%.
FYMIX currently has the higher Sharpe Ratio (1.21 vs -0.64), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PMEFX and FYMIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer