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PMYRX vs. PINDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PMYRX vs. PINDX - Performance Comparison

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

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PMYRX vs. PINDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PMYRX
Pioneer Flexible Opportunities Fund
-3.02%18.78%23.47%11.75%-18.74%11.25%6.86%17.06%-10.58%23.68%
PINDX
Pioneer Disciplined Growth Fund
-10.74%21.16%19.33%28.67%-21.49%25.59%34.78%35.61%-5.08%26.41%

Returns By Period

In the year-to-date period, PMYRX achieves a -3.02% return, which is significantly higher than PINDX's -10.74% return. Over the past 10 years, PMYRX has underperformed PINDX with an annualized return of 7.40%, while PINDX has yielded a comparatively higher 13.96% annualized return.


PMYRX

1D
0.08%
1M
-5.71%
YTD
-3.02%
6M
-1.37%
1Y
15.99%
3Y*
16.32%
5Y*
5.96%
10Y*
7.40%

PINDX

1D
-0.42%
1M
-8.32%
YTD
-10.74%
6M
-9.28%
1Y
19.72%
3Y*
14.71%
5Y*
9.73%
10Y*
13.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PMYRX vs. PINDX - Expense Ratio Comparison

PMYRX has a 0.90% expense ratio, which is lower than PINDX's 1.05% expense ratio.


Return for Risk

PMYRX vs. PINDX — Risk / Return Rank

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

PMYRX
PMYRX Risk / Return Rank: 6666
Overall Rank
PMYRX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PMYRX Sortino Ratio Rank: 6969
Sortino Ratio Rank
PMYRX Omega Ratio Rank: 7676
Omega Ratio Rank
PMYRX Calmar Ratio Rank: 5151
Calmar Ratio Rank
PMYRX Martin Ratio Rank: 6363
Martin Ratio Rank

PINDX
PINDX Risk / Return Rank: 4444
Overall Rank
PINDX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
PINDX Sortino Ratio Rank: 4848
Sortino Ratio Rank
PINDX Omega Ratio Rank: 4646
Omega Ratio Rank
PINDX Calmar Ratio Rank: 4646
Calmar Ratio Rank
PINDX Martin Ratio Rank: 3737
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. PINDX - Risk-Adjusted Trends Comparison

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


PMYRXPINDXDifference

Sharpe ratio

Return per unit of total volatility

1.30

0.86

+0.44

Sortino ratio

Return per unit of downside risk

1.74

1.36

+0.38

Omega ratio

Gain probability vs. loss probability

1.29

1.19

+0.10

Calmar ratio

Return relative to maximum drawdown

1.24

1.14

+0.10

Martin ratio

Return relative to average drawdown

5.96

3.87

+2.09

PMYRX vs. PINDX - Sharpe Ratio Comparison

The current PMYRX Sharpe Ratio is 1.30, which is higher than the PINDX Sharpe Ratio of 0.86. The chart below compares the historical Sharpe Ratios of PMYRX and PINDX, 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


PMYRXPINDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.30

0.86

+0.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

0.50

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.72

-0.16

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.45

+0.15

Correlation

The correlation between PMYRX and PINDX is 0.72, 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. PINDX - Dividend Comparison

PMYRX's dividend yield for the trailing twelve months is around 9.57%, more than PINDX's 5.06% yield.


TTM20252024202320222021202020192018201720162015
PMYRX
Pioneer Flexible Opportunities Fund
9.57%9.83%22.31%1.03%4.02%2.12%1.32%2.50%12.83%8.93%1.50%7.13%
PINDX
Pioneer Disciplined Growth Fund
5.06%4.51%6.34%0.17%7.23%33.14%27.35%5.20%26.83%12.86%8.57%6.14%

Drawdowns

PMYRX vs. PINDX - Drawdown Comparison

The maximum PMYRX drawdown since its inception was -30.68%, smaller than the maximum PINDX drawdown of -52.37%. Use the drawdown chart below to compare losses from any high point for PMYRX and PINDX.


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Drawdown Indicators


PMYRXPINDXDifference

Max Drawdown

Largest peak-to-trough decline

-30.68%

-52.37%

+21.69%

Max Drawdown (1Y)

Largest decline over 1 year

-12.28%

-14.64%

+2.36%

Max Drawdown (5Y)

Largest decline over 5 years

-24.97%

-28.77%

+3.80%

Max Drawdown (10Y)

Largest decline over 10 years

-30.68%

-29.82%

-0.86%

Current Drawdown

Current decline from peak

-6.16%

-14.64%

+8.48%

Average Drawdown

Average peak-to-trough decline

-6.02%

-11.54%

+5.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.56%

4.32%

-1.76%

Volatility

PMYRX vs. PINDX - Volatility Comparison

The current volatility for Pioneer Flexible Opportunities Fund (PMYRX) is 2.91%, while Pioneer Disciplined Growth Fund (PINDX) has a volatility of 5.70%. This indicates that PMYRX experiences smaller price fluctuations and is considered to be less risky than PINDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PMYRXPINDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.91%

5.70%

-2.79%

Volatility (6M)

Calculated over the trailing 6-month period

6.12%

12.53%

-6.41%

Volatility (1Y)

Calculated over the trailing 1-year period

13.03%

23.05%

-10.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.67%

19.57%

-5.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.14%

19.43%

-6.29%