PNI.AX vs. DTCR

Last updated Jun 13, 2026

PNI.AX (Pinnacle Investment Management Group Limited) is a stock, while DTCR (Global X Data Center & Digital Infrastructure ETF) is REIT fund tracking the Solactive Data Center REITs & Digital Infrastructure Index. Over the past 5 years, PNI.AX returned 10.43%/yr vs 16.18%/yr for DTCR. At a 0.05 correlation, their price movements are largely independent.

Performance

PNI.AX vs. DTCR - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in Pinnacle Investment Management Group Limited (PNI.AX) and Global X Data Center & Digital Infrastructure ETF (DTCR). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

PNI.AX is traded in AUD, while DTCR is traded in USD. To make them comparable, the DTCR values have been converted to AUD using the latest available exchange rates.

Returns By Period

In the year-to-date period, PNI.AX achieves a -8.45% return, which is significantly lower than DTCR's 39.88% return.

PNI.AX

• 1D: 1.55%
• 1M: 0.90%
• YTD: -8.45%
• 6M: -7.05%
• 1Y: -20.50%
• 3Y*: 22.02%
• 5Y*: 10.43%
• 10Y*: 30.67%

DTCR

• 1D: 0.27%
• 1M: 6.63%
• YTD: 39.88%
• 6M: 40.29%
• 1Y: 62.12%
• 3Y*: 32.03%
• 5Y*: 16.18%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PNI.AX vs. DTCR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
PNI.AX Pinnacle Investment Management Group Limited	-8.45%	-22.80%	133.43%	20.10%	-42.17%	124.85%	41.43%
DTCR Global X Data Center & Digital Infrastructure ETF	39.88%	19.62%	26.49%	19.02%	-26.32%	27.41%	-2.57%

Correlation

The correlation between PNI.AX and DTCR is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.08
Correlation (5Y) Calculated over the trailing 5-year period	0.07
Correlation (All Time) Calculated using the full available price history since Oct 29, 2020	0.05

Return for Risk

PNI.AX vs. DTCR — Risk / Return Rank

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

PNI.AX

PNI.AX Risk / Return Rank: 24
PNI.AX Sharpe Ratio Rank: 20
PNI.AX Sortino Ratio Rank: 20
PNI.AX Omega Ratio Rank: 21
PNI.AX Calmar Ratio Rank: 27
PNI.AX Martin Ratio Rank: 29

DTCR

DTCR Risk / Return Rank: 91
DTCR Sharpe Ratio Rank: 94
DTCR Sortino Ratio Rank: 91
DTCR Omega Ratio Rank: 90
DTCR Calmar Ratio Rank: 93
DTCR Martin Ratio Rank: 89

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.

PNI.AX vs. DTCR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pinnacle Investment Management Group Limited (PNI.AX) and Global X Data Center & Digital Infrastructure ETF (DTCR). 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.

	PNI.AX	DTCR	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	3.04	-3.56
Sortino ratio: Return per unit of downside risk	-0.53	3.82	-4.35
Omega ratio: Gain probability vs. loss probability	0.94	1.49	-0.55
Calmar ratio: Return relative to maximum drawdown	-0.46	5.07	-5.53
Martin ratio: Return relative to average drawdown	-0.75	15.08	-15.83

PNI.AX vs. DTCR - Sharpe Ratio Comparison

The current PNI.AX Sharpe Ratio is -0.52, which is lower than the DTCR Sharpe Ratio of 3.04. The chart below compares the historical Sharpe Ratios of PNI.AX and DTCR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PNI.AX vs. DTCR - Drawdown Comparison

The maximum PNI.AX drawdown since its inception was -96.41%, which is greater than DTCR's maximum drawdown of -29.51%. Use the drawdown chart below to compare losses from any high point for PNI.AX and DTCR.

Drawdown Indicators

	PNI.AX	DTCR	Difference
Max Drawdown Largest peak-to-trough decline	-96.41%	-29.51%	-66.90%
Max Drawdown (1Y) Largest decline over 1 year	-49.14%	-11.83%	-37.31%
Max Drawdown (3Y) Largest decline over 3 years	-49.75%	-20.44%	-29.31%
Max Drawdown (5Y) Largest decline over 5 years	-64.37%	-29.51%	-34.86%
Max Drawdown (10Y) Largest decline over 10 years	-68.78%	—	—
Current Drawdown Current decline from peak	-37.98%	-2.71%	-35.27%
Average Drawdown Average peak-to-trough decline	-51.38%	-9.52%	-41.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.24%	3.97%	+26.27%

Volatility

PNI.AX vs. DTCR - Volatility Comparison

Pinnacle Investment Management Group Limited (PNI.AX) has a higher volatility of 9.09% compared to Global X Data Center & Digital Infrastructure ETF (DTCR) at 7.43%. This indicates that PNI.AX's price experiences larger fluctuations and is considered to be riskier than DTCR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PNI.AX	DTCR	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.09%	7.43%	+1.66%
Volatility (6M) Calculated over the trailing 6-month period	33.14%	15.44%	+17.70%
Volatility (1Y) Calculated over the trailing 1-year period	43.15%	19.72%	+23.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.19%	18.73%	+23.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.24%	19.10%	+25.14%

Dividends

PNI.AX vs. DTCR - Dividend Comparison

PNI.AX's dividend yield for the trailing twelve months is around 1.72%, more than DTCR's 0.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTCR Global X Data Center & Digital Infrastructure ETF	0.74%	1.10%	1.72%	1.18%	2.57%	1.27%	0.30%	0.00%	0.00%	0.00%	0.00%	0.00%
PNI.AX Pinnacle Investment Management Group Limited	1.72%	3.50%	1.84%	3.57%	4.01%	1.84%	2.17%	3.30%	2.64%	1.50%	3.42%	3.56%

Frequently Asked Questions

Can I hold both PNI.AX and DTCR in my portfolio?

PNI.AX and DTCR have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.