PMFYX vs. RSIIX
PMFYX (Pioneer Multi-Asset Income Fund) and RSIIX (RiverPark Strategic Income Fund) are both mutual funds - PMFYX is a Global Allocation fund managed by Amundi, while RSIIX is a High Yield Bonds fund managed by RiverPark Funds. Over the past 10 years, PMFYX returned 8.70%/yr vs 5.01%/yr for RSIIX. Their 0.36 correlation means their historical movements had little consistent relationship. PMFYX charges 0.65%/yr vs 1.18%/yr for RSIIX.
Performance
PMFYX vs. RSIIX - Performance Comparison
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Returns By Period
In the year-to-date period, PMFYX achieves a 7.86% return, which is significantly higher than RSIIX's 2.20% return. Over the past 10 years, PMFYX has outperformed RSIIX with an annualized return of 8.70%, while RSIIX has yielded a comparatively lower 5.01% annualized return.
PMFYX
- 1D
- 0.29%
- 1M
- 1.72%
- 6M
- 5.16%
- YTD
- 7.86%
- 1Y
- 16.00%
- 3Y*
- 12.90%
- 5Y*
- 9.10%
- 10Y*
- 8.70%
- ALL TIME*
- 8.42%
RSIIX
- 1D
- -0.12%
- 1M
- 0.38%
- 6M
- 1.54%
- YTD
- 2.20%
- 1Y
- 4.19%
- 3Y*
- 6.89%
- 5Y*
- 5.25%
- 10Y*
- 5.01%
- ALL TIME*
- 4.49%
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 |
PMFYX vs. RSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PMFYX Pioneer Multi-Asset Income Fund | 7.86% | 23.15% | 6.28% | 7.04% | -0.34% | 12.25% | 5.38% | 11.13% | -5.91% | 18.23% |
RSIIX RiverPark Strategic Income Fund | 2.20% | 6.04% | 8.44% | 9.59% | -3.31% | 11.60% | 3.42% | 3.50% | 1.36% | 4.84% |
Correlation
The correlation between PMFYX and RSIIX is 0.41, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.41 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.35 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.36 |
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Return for Risk
PMFYX vs. RSIIX — Risk / Return Rank
PMFYX
RSIIX
PMFYX vs. RSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Multi-Asset Income Fund (PMFYX) and RiverPark Strategic Income Fund (RSIIX). 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.
| PMFYX | RSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.30 | ||
| Sortino ratioReturn per unit of downside risk | +2.18 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.39 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.87 | 2.35 | +1.51 |
| Martin ratioReturn relative to average drawdown | 13.52 | 15.40 | -1.88 |
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Drawdowns
PMFYX vs. RSIIX - Drawdown Comparison
The maximum PMFYX drawdown since its inception was -24.23%, which is greater than RSIIX's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for PMFYX and RSIIX.
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Drawdown Indicators
| PMFYX | RSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.23% | -15.55% | -8.68% |
Max Drawdown (1Y)Largest decline over 1 year | -4.08% | -1.79% | -2.29% |
Max Drawdown (3Y)Largest decline over 3 years | -7.92% | -1.79% | -6.13% |
Max Drawdown (5Y)Largest decline over 5 years | -13.62% | -5.61% | -8.01% |
Max Drawdown (10Y)Largest decline over 10 years | -24.23% | -15.55% | -8.68% |
Current DrawdownCurrent decline from peak | 0.00% | -0.32% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -2.58% | -1.15% | -1.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.17% | 0.27% | +0.90% |
Volatility
PMFYX vs. RSIIX - Volatility Comparison
Pioneer Multi-Asset Income Fund (PMFYX) has a higher volatility of 1.89% compared to RiverPark Strategic Income Fund (RSIIX) at 0.58%. This indicates that PMFYX's price experiences larger fluctuations and is considered to be riskier than RSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PMFYX | RSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.89% | 0.58% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 4.92% | 2.89% | +2.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.96% | 3.12% | +2.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 2.51% | +4.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 2.88% | +4.66% |
PMFYX vs. RSIIX - Expense Ratio Comparison
PMFYX has a 0.65% expense ratio, which is lower than RSIIX's 1.18% expense ratio.
Dividends
PMFYX vs. RSIIX - Dividend Comparison
PMFYX's dividend yield for the trailing twelve months is around 5.77%, less than RSIIX's 6.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMFYX Pioneer Multi-Asset Income Fund | 5.77% | 6.48% | 5.48% | 4.87% | 5.00% | 5.70% | 5.58% | 6.00% | 6.07% | 6.88% | 5.72% | 6.14% |
RSIIX RiverPark Strategic Income Fund | 6.64% | 7.75% | 7.67% | 7.61% | 6.58% | 5.12% | 5.77% | 4.84% | 4.59% | 4.98% | 5.10% | 6.57% |
Frequently Asked Questions
PMFYX and RSIIX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PMFYX has higher volatility (1.89%) compared to RSIIX (0.58%). In terms of maximum drawdown, PMFYX dropped -24.23% vs RSIIX's -15.55%.
PMFYX currently has the higher Sharpe Ratio (2.65 vs 1.35), 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.
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