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PMFKX vs. PMAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PMFKX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Victory Pioneer Multi-Asset Income Class R-6 (PMFKX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

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PMFKX vs. PMAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PMFKX
Victory Pioneer Multi-Asset Income Class R-6
1.00%23.37%6.39%6.97%-0.74%12.29%5.57%11.23%-4.27%18.27%
PMAIX
Pioneer Multi-Asset Income Fund A
0.80%23.03%6.09%7.32%-0.79%12.00%5.35%10.88%-6.10%17.97%

Returns By Period

In the year-to-date period, PMFKX achieves a 1.00% return, which is significantly higher than PMAIX's 0.80% return. Over the past 10 years, PMFKX has outperformed PMAIX with an annualized return of 8.92%, while PMAIX has yielded a comparatively lower 8.45% annualized return.


PMFKX

1D
0.15%
1M
-3.45%
YTD
1.00%
6M
4.35%
1Y
17.28%
3Y*
12.01%
5Y*
8.04%
10Y*
8.92%

PMAIX

1D
0.15%
1M
-3.62%
YTD
0.80%
6M
4.12%
1Y
16.77%
3Y*
11.84%
5Y*
7.92%
10Y*
8.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PMFKX vs. PMAIX - Expense Ratio Comparison

PMFKX has a 0.55% expense ratio, which is lower than PMAIX's 0.85% expense ratio.


Return for Risk

PMFKX vs. PMAIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PMFKX
PMFKX Risk / Return Rank: 9393
Overall Rank
PMFKX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMFKX Sortino Ratio Rank: 9595
Sortino Ratio Rank
PMFKX Omega Ratio Rank: 9595
Omega Ratio Rank
PMFKX Calmar Ratio Rank: 8989
Calmar Ratio Rank
PMFKX Martin Ratio Rank: 9292
Martin Ratio Rank

PMAIX
PMAIX Risk / Return Rank: 9393
Overall Rank
PMAIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMAIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PMAIX Omega Ratio Rank: 9595
Omega Ratio Rank
PMAIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PMAIX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PMFKX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Victory Pioneer Multi-Asset Income Class R-6 (PMFKX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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.


PMFKXPMAIXDifference

Sharpe ratio

Return per unit of total volatility

2.46

2.39

+0.07

Sortino ratio

Return per unit of downside risk

3.11

3.02

+0.09

Omega ratio

Gain probability vs. loss probability

1.53

1.51

+0.02

Calmar ratio

Return relative to maximum drawdown

2.37

2.32

+0.05

Martin ratio

Return relative to average drawdown

11.27

10.88

+0.39

PMFKX vs. PMAIX - Sharpe Ratio Comparison

The current PMFKX Sharpe Ratio is 2.46, which is comparable to the PMAIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of PMFKX and PMAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PMFKXPMAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.46

2.39

+0.07

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.12

1.11

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.19

1.12

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

1.04

1.12

-0.08

Correlation

The correlation between PMFKX and PMAIX is 0.99, 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.


Dividends

PMFKX vs. PMAIX - Dividend Comparison

PMFKX's dividend yield for the trailing twelve months is around 6.04%, more than PMAIX's 5.82% yield.


TTM20252024202320222021202020192018201720162015
PMFKX
Victory Pioneer Multi-Asset Income Class R-6
6.04%6.54%5.52%4.87%4.77%5.75%5.64%6.05%6.13%6.88%5.74%6.20%
PMAIX
Pioneer Multi-Asset Income Fund A
5.82%6.29%5.30%5.14%4.53%5.50%5.39%5.78%5.83%6.69%5.53%5.92%

Drawdowns

PMFKX vs. PMAIX - Drawdown Comparison

The maximum PMFKX drawdown since its inception was -24.13%, roughly equal to the maximum PMAIX drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for PMFKX and PMAIX.


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Drawdown Indicators


PMFKXPMAIXDifference

Max Drawdown

Largest peak-to-trough decline

-24.13%

-24.12%

-0.01%

Max Drawdown (1Y)

Largest decline over 1 year

-7.11%

-7.06%

-0.05%

Max Drawdown (5Y)

Largest decline over 5 years

-13.99%

-13.97%

-0.02%

Max Drawdown (10Y)

Largest decline over 10 years

-24.13%

-24.12%

-0.01%

Current Drawdown

Current decline from peak

-3.45%

-3.62%

+0.17%

Average Drawdown

Average peak-to-trough decline

-2.75%

-2.68%

-0.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

1.51%

-0.02%

Volatility

PMFKX vs. PMAIX - Volatility Comparison

Victory Pioneer Multi-Asset Income Class R-6 (PMFKX) and Pioneer Multi-Asset Income Fund A (PMAIX) have volatilities of 2.11% and 2.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PMFKXPMAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.11%

2.19%

-0.08%

Volatility (6M)

Calculated over the trailing 6-month period

4.07%

4.15%

-0.08%

Volatility (1Y)

Calculated over the trailing 1-year period

7.16%

7.19%

-0.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.19%

7.20%

-0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.55%

7.58%

-0.03%