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.
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.
Performance
PMFYX vs. BIL - Performance Comparison
Key characteristics
PMFYX:
1.03
BIL:
20.65
PMFYX:
1.34
BIL:
252.22
PMFYX:
1.21
BIL:
146.62
PMFYX:
0.89
BIL:
446.68
PMFYX:
4.27
BIL:
4,100.29
PMFYX:
1.75%
BIL:
0.00%
PMFYX:
7.24%
BIL:
0.24%
PMFYX:
-24.22%
BIL:
-0.77%
PMFYX:
-4.58%
BIL:
0.00%
Returns By Period
In the year-to-date period, PMFYX achieves a 2.68% return, which is significantly higher than BIL's 1.19% return. Over the past 10 years, PMFYX has outperformed BIL with an annualized return of 6.34%, while BIL has yielded a comparatively lower 1.74% annualized return.
PMFYX
2.68%
-3.29%
-0.24%
7.48%
11.29%
6.34%
BIL
1.19%
0.35%
2.18%
4.86%
2.51%
1.74%
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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.
Dividends
PMFYX vs. BIL - Dividend Comparison
PMFYX's dividend yield for the trailing twelve months is around 5.94%, more than BIL's 4.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMFYX Pioneer Multi-Asset Income Fund | 5.94% | 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 | 4.77% | 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 -24.22%, 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. For additional features, visit the drawdowns tool.
Volatility
PMFYX vs. BIL - Volatility Comparison
Pioneer Multi-Asset Income Fund (PMFYX) has a higher volatility of 4.95% compared to SPDR Barclays 1-3 Month T-Bill ETF (BIL) at 0.06%. 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.