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PMYRX vs. PIGFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PMYRX vs. PIGFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Flexible Opportunities Fund (PMYRX) and Pioneer Fundamental Growth Fund (PIGFX). The values are adjusted to include any dividend payments, if applicable.

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PMYRX vs. PIGFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PMYRX
Pioneer Flexible Opportunities Fund
-1.45%18.78%23.47%11.75%-18.74%11.25%6.86%17.06%-10.58%23.68%
PIGFX
Pioneer Fundamental Growth Fund
-9.23%14.20%17.46%32.80%-20.79%23.80%27.20%33.88%-0.64%22.58%

Returns By Period

In the year-to-date period, PMYRX achieves a -1.45% return, which is significantly higher than PIGFX's -9.23% return. Over the past 10 years, PMYRX has underperformed PIGFX with an annualized return of 7.58%, while PIGFX has yielded a comparatively higher 12.92% annualized return.


PMYRX

1D
1.62%
1M
-3.68%
YTD
-1.45%
6M
-0.01%
1Y
17.86%
3Y*
16.94%
5Y*
6.08%
10Y*
7.58%

PIGFX

1D
3.07%
1M
-4.72%
YTD
-9.23%
6M
-8.09%
1Y
9.09%
3Y*
14.23%
5Y*
8.80%
10Y*
12.92%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PMYRX vs. PIGFX - Expense Ratio Comparison

PMYRX has a 0.90% expense ratio, which is lower than PIGFX's 1.00% expense ratio.


Return for Risk

PMYRX vs. PIGFX — Risk / Return Rank

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

PMYRX
PMYRX Risk / Return Rank: 6767
Overall Rank
PMYRX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
PMYRX Sortino Ratio Rank: 6666
Sortino Ratio Rank
PMYRX Omega Ratio Rank: 7575
Omega Ratio Rank
PMYRX Calmar Ratio Rank: 5454
Calmar Ratio Rank
PMYRX Martin Ratio Rank: 6767
Martin Ratio Rank

PIGFX
PIGFX Risk / Return Rank: 1717
Overall Rank
PIGFX Sharpe Ratio Rank: 1515
Sharpe Ratio Rank
PIGFX Sortino Ratio Rank: 1616
Sortino Ratio Rank
PIGFX Omega Ratio Rank: 1616
Omega Ratio Rank
PIGFX Calmar Ratio Rank: 2020
Calmar Ratio Rank
PIGFX Martin Ratio Rank: 1818
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.

PMYRX vs. PIGFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Flexible Opportunities Fund (PMYRX) and Pioneer Fundamental Growth Fund (PIGFX). 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.


PMYRXPIGFXDifference

Sharpe ratio

Return per unit of total volatility

1.37

0.45

+0.92

Sortino ratio

Return per unit of downside risk

1.84

0.78

+1.06

Omega ratio

Gain probability vs. loss probability

1.31

1.11

+0.19

Calmar ratio

Return relative to maximum drawdown

1.52

0.66

+0.86

Martin ratio

Return relative to average drawdown

7.26

2.13

+5.13

PMYRX vs. PIGFX - Sharpe Ratio Comparison

The current PMYRX Sharpe Ratio is 1.37, which is higher than the PIGFX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of PMYRX and PIGFX, 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


PMYRXPIGFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.37

0.45

+0.92

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.47

-0.03

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.69

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.50

+0.10

Correlation

The correlation between PMYRX and PIGFX is 0.71, 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

PMYRX vs. PIGFX - Dividend Comparison

PMYRX's dividend yield for the trailing twelve months is around 9.42%, less than PIGFX's 21.13% yield.


TTM20252024202320222021202020192018201720162015
PMYRX
Pioneer Flexible Opportunities Fund
9.42%9.83%22.31%1.03%4.02%2.12%1.32%2.50%12.83%8.93%1.50%7.13%
PIGFX
Pioneer Fundamental Growth Fund
21.13%19.18%5.75%3.41%4.39%20.14%9.08%5.43%6.07%4.66%2.19%4.40%

Drawdowns

PMYRX vs. PIGFX - Drawdown Comparison

The maximum PMYRX drawdown since its inception was -30.68%, smaller than the maximum PIGFX drawdown of -44.04%. Use the drawdown chart below to compare losses from any high point for PMYRX and PIGFX.


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Drawdown Indicators


PMYRXPIGFXDifference

Max Drawdown

Largest peak-to-trough decline

-30.68%

-44.04%

+13.36%

Max Drawdown (1Y)

Largest decline over 1 year

-12.28%

-14.55%

+2.27%

Max Drawdown (5Y)

Largest decline over 5 years

-24.97%

-27.12%

+2.15%

Max Drawdown (10Y)

Largest decline over 10 years

-30.68%

-31.47%

+0.79%

Current Drawdown

Current decline from peak

-4.65%

-11.69%

+7.04%

Average Drawdown

Average peak-to-trough decline

-6.02%

-6.40%

+0.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

4.53%

-1.95%

Volatility

PMYRX vs. PIGFX - Volatility Comparison

The current volatility for Pioneer Flexible Opportunities Fund (PMYRX) is 3.45%, while Pioneer Fundamental Growth Fund (PIGFX) has a volatility of 6.03%. This indicates that PMYRX experiences smaller price fluctuations and is considered to be less risky than PIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PMYRXPIGFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.45%

6.03%

-2.58%

Volatility (6M)

Calculated over the trailing 6-month period

6.33%

11.14%

-4.81%

Volatility (1Y)

Calculated over the trailing 1-year period

13.09%

21.07%

-7.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.68%

18.70%

-5.02%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.15%

18.85%

-5.70%