Correlation
The correlation between PMFYX and BIL is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
PMFYX vs. BIL
Compare and contrast key facts about Pioneer Multi-Asset Income Fund (PMFYX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL).
PMFYX is managed by Amundi US. It was launched on Dec 21, 2011. BIL is a passively managed fund by State Street that tracks the performance of the Barclays Capital U.S. 1-3 Month Treasury Bill Index. It was launched on May 25, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMFYX or BIL.
Performance
PMFYX vs. BIL - Performance Comparison
Loading data...
Key characteristics
PMFYX:
1.78
BIL:
20.88
PMFYX:
2.37
BIL:
301.00
PMFYX:
1.38
BIL:
208.79
PMFYX:
1.70
BIL:
435.17
PMFYX:
7.51
BIL:
4,890.74
PMFYX:
1.80%
BIL:
0.00%
PMFYX:
7.32%
BIL:
0.23%
PMFYX:
-24.23%
BIL:
-0.77%
PMFYX:
0.00%
BIL:
0.00%
Returns By Period
In the year-to-date period, PMFYX achieves a 10.00% return, which is significantly higher than BIL's 1.72% return. Over the past 10 years, PMFYX has outperformed BIL with an annualized return of 6.93%, while BIL has yielded a comparatively lower 1.79% annualized return.
PMFYX
10.00%
4.02%
7.01%
11.90%
8.78%
11.23%
6.93%
BIL
1.72%
0.34%
2.13%
4.71%
4.41%
2.61%
1.79%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PMFYX vs. BIL - Expense Ratio Comparison
PMFYX has a 0.65% expense ratio, which is higher than BIL's 0.14% expense ratio.
Risk-Adjusted Performance
PMFYX vs. BIL — Risk-Adjusted Performance Rank
PMFYX
BIL
PMFYX vs. BIL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Multi-Asset Income Fund (PMFYX) and SPDR Barclays 1-3 Month T-Bill ETF (BIL). 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.
Loading data...
Dividends
PMFYX vs. BIL - Dividend Comparison
PMFYX's dividend yield for the trailing twelve months is around 5.61%, more than BIL's 4.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMFYX Pioneer Multi-Asset Income Fund | 5.61% | 6.55% | 6.85% | 5.87% | 5.76% | 5.60% | 6.01% | 6.07% | 6.90% | 5.76% | 6.16% | 6.47% |
BIL SPDR Barclays 1-3 Month T-Bill ETF | 4.68% | 5.03% | 4.92% | 1.35% | 0.00% | 0.30% | 2.05% | 1.66% | 0.68% | 0.07% | 0.00% | 0.00% |
Drawdowns
PMFYX vs. BIL - Drawdown Comparison
The maximum PMFYX drawdown since its inception was -24.23%, which is greater than BIL's maximum drawdown of -0.77%. Use the drawdown chart below to compare losses from any high point for PMFYX and BIL.
Loading data...
Volatility
PMFYX vs. BIL - Volatility Comparison
Pioneer Multi-Asset Income Fund (PMFYX) has a higher volatility of 1.48% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.07%. This indicates that PMFYX's price experiences larger fluctuations and is considered to be riskier than BIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...