PNI.AX vs. GDG.AX
PNI.AX (Pinnacle Investment Management Group Limited) and GDG.AX (Generation Development Group Limited) are both stocks. Both operate in the Asset Management industry within the Financial Services sector. Over the past 10 years, PNI.AX returned 30.56%/yr vs 27.39%/yr for GDG.AX. At a 0.11 correlation, their price movements are largely independent.
Performance
PNI.AX vs. GDG.AX - Performance Comparison
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Returns By Period
In the year-to-date period, PNI.AX achieves a -11.13% return, which is significantly higher than GDG.AX's -31.59% return. Over the past 10 years, PNI.AX has outperformed GDG.AX with an annualized return of 30.56%, while GDG.AX has yielded a comparatively lower 27.39% annualized return.
PNI.AX
- 1D
- -3.98%
- 1M
- -8.56%
- YTD
- -11.13%
- 6M
- -9.49%
- 1Y
- -23.66%
- 3Y*
- 22.64%
- 5Y*
- 10.76%
- 10Y*
- 30.56%
GDG.AX
- 1D
- -2.66%
- 1M
- 11.67%
- YTD
- -31.59%
- 6M
- -34.05%
- 1Y
- -24.57%
- 3Y*
- 52.81%
- 5Y*
- 40.52%
- 10Y*
- 27.39%
PNI.AX vs. GDG.AX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PNI.AX Pinnacle Investment Management Group Limited | -11.13% | -22.78% | 133.43% | 20.10% | -42.17% | 124.85% | 57.06% | 9.68% | 20.71% | 55.76% |
GDG.AX Generation Development Group Limited | -31.59% | 86.19% | 108.08% | 42.71% | -12.72% | 118.10% | -2.49% | 19.51% | -50.35% | 164.91% |
Correlation
The correlation between PNI.AX and GDG.AX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.30 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2007 | 0.11 |
Over the past year, PNI.AX and GDG.AX have become more correlated (0.47) than their long-term average of 0.11, meaning their price movements have been converging.
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Return for Risk
PNI.AX vs. GDG.AX — Risk / Return Rank
PNI.AX
GDG.AX
PNI.AX vs. GDG.AX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pinnacle Investment Management Group Limited (PNI.AX) and Generation Development Group Limited (GDG.AX). 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.
| PNI.AX | GDG.AX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.12 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.95 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.52 | -0.46 | -0.06 |
| Martin ratioReturn relative to average drawdown | -0.87 | -0.86 | -0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PNI.AX | GDG.AX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.58 | -0.46 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.25 | 0.98 | -0.73 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.60 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.23 | 0.12 | +0.11 |
Drawdowns
PNI.AX vs. GDG.AX - Drawdown Comparison
The maximum PNI.AX drawdown since its inception was -96.10%, roughly equal to the maximum GDG.AX drawdown of -96.57%. Use the drawdown chart below to compare losses from any high point for PNI.AX and GDG.AX.
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Drawdown Indicators
| PNI.AX | GDG.AX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.10% | -96.57% | +0.47% |
Max Drawdown (1Y)Largest decline over 1 year | -48.19% | -53.05% | +4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -48.80% | -53.05% | +4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -64.37% | -53.05% | -11.32% |
Max Drawdown (10Y)Largest decline over 10 years | -68.78% | -74.47% | +5.69% |
Current DrawdownCurrent decline from peak | -39.78% | -46.98% | +7.20% |
Average DrawdownAverage peak-to-trough decline | -50.33% | -57.18% | +6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.94% | 28.69% | +0.25% |
Volatility
PNI.AX vs. GDG.AX - Volatility Comparison
The current volatility for Pinnacle Investment Management Group Limited (PNI.AX) is 9.22%, while Generation Development Group Limited (GDG.AX) has a volatility of 13.19%. This indicates that PNI.AX experiences smaller price fluctuations and is considered to be less risky than GDG.AX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PNI.AX | GDG.AX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.22% | 13.19% | -3.97% |
Volatility (6M)Calculated over the trailing 6-month period | 32.98% | 46.65% | -13.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 44.04% | 53.43% | -9.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 42.40% | 41.10% | +1.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.28% | 45.50% | -1.22% |
Dividends
PNI.AX vs. GDG.AX - Dividend Comparison
PNI.AX's dividend yield for the trailing twelve months is around 3.74%, less than GDG.AX's 12.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GDG.AX Generation Development Group Limited | 12.69% | 12.39% | 0.54% | 1.10% | 1.55% | 1.33% | 2.79% | 2.63% | 3.05% | 1.49% | 3.84% | 4.09% |
PNI.AX Pinnacle Investment Management Group Limited | 3.74% | 3.50% | 1.84% | 3.57% | 4.01% | 1.84% | 2.17% | 3.30% | 2.64% | 1.50% | 3.42% | 3.56% |
Financials
PNI.AX vs. GDG.AX - Financials Comparison
This section allows you to compare key financial metrics between Pinnacle Investment Management Group Limited and Generation Development Group Limited. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PNI.AX and GDG.AX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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