PYEQX vs. PIGFX
PYEQX (Pioneer Equity Income Y) and PIGFX (Pioneer Fundamental Growth Fund) are both mutual funds - PYEQX is a Dividend fund managed by Amundi, while PIGFX is a Large Cap Growth Equities fund managed by Amundi. Over the past 10 years, PYEQX returned 9.76%/yr vs 14.30%/yr for PIGFX. Their correlation of 0.81 means they have usually moved in the same direction. PYEQX charges 0.81%/yr vs 1.00%/yr for PIGFX.
Performance
PYEQX vs. PIGFX - Performance Comparison
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Returns By Period
In the year-to-date period, PYEQX achieves a 15.20% return, which is significantly higher than PIGFX's 6.47% return. Over the past 10 years, PYEQX has underperformed PIGFX with an annualized return of 9.76%, while PIGFX has yielded a comparatively higher 14.30% annualized return.
PYEQX
- 1D
- 0.77%
- 1M
- 3.44%
- 6M
- 8.68%
- YTD
- 15.20%
- 1Y
- 23.27%
- 3Y*
- 13.73%
- 5Y*
- 8.90%
- 10Y*
- 9.76%
- ALL TIME*
- 7.64%
PIGFX
- 1D
- 1.36%
- 1M
- 1.53%
- 6M
- 8.64%
- YTD
- 6.47%
- 1Y
- 10.13%
- 3Y*
- 16.51%
- 5Y*
- 10.17%
- 10Y*
- 14.30%
- ALL TIME*
- 9.86%
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 |
PYEQX vs. PIGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PYEQX Pioneer Equity Income Y | 15.20% | 11.46% | 11.46% | 7.54% | -7.92% | 25.56% | 0.09% | 25.76% | -8.70% | 15.27% |
PIGFX Pioneer Fundamental Growth Fund | 6.47% | 14.20% | 17.46% | 32.80% | -20.79% | 23.80% | 27.20% | 33.88% | -0.64% | 22.58% |
Correlation
The correlation between PYEQX and PIGFX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.69 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2002 | 0.81 |
Over the past year, the correlation between PYEQX and PIGFX has dropped to 0.42 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
PYEQX vs. PIGFX — Risk / Return Rank
PYEQX
PIGFX
PYEQX vs. PIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Equity Income Y (PYEQX) 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.
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.
| PYEQX | PIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.37 | ||
| Sortino ratioReturn per unit of downside risk | +1.88 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.14 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 3.09 | 0.84 | +2.25 |
| Martin ratioReturn relative to average drawdown | 10.18 | 2.76 | +7.42 |
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Drawdowns
PYEQX vs. PIGFX - Drawdown Comparison
The maximum PYEQX drawdown since its inception was -53.72%, which is greater than PIGFX's maximum drawdown of -44.04%. Use the drawdown chart below to compare losses from any high point for PYEQX and PIGFX.
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Drawdown Indicators
| PYEQX | PIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.72% | -44.04% | -9.68% |
Max Drawdown (1Y)Largest decline over 1 year | -7.97% | -14.32% | +6.35% |
Max Drawdown (3Y)Largest decline over 3 years | -16.77% | -19.99% | +3.22% |
Max Drawdown (5Y)Largest decline over 5 years | -20.14% | -27.12% | +6.98% |
Max Drawdown (10Y)Largest decline over 10 years | -37.88% | -31.47% | -6.41% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -7.62% | -6.35% | -1.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 4.37% | -1.95% |
Volatility
PYEQX vs. PIGFX - Volatility Comparison
The current volatility for Pioneer Equity Income Y (PYEQX) is 3.32%, while Pioneer Fundamental Growth Fund (PIGFX) has a volatility of 4.03%. This indicates that PYEQX 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
| PYEQX | PIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 4.03% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 8.36% | 12.04% | -3.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.37% | 15.13% | -3.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 18.87% | -3.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.17% | 18.97% | -1.80% |
PYEQX vs. PIGFX - Expense Ratio Comparison
PYEQX has a 0.81% expense ratio, which is lower than PIGFX's 1.00% expense ratio.
Dividends
PYEQX vs. PIGFX - Dividend Comparison
PYEQX's dividend yield for the trailing twelve months is around 7.82%, less than PIGFX's 18.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PIGFX Pioneer Fundamental Growth Fund | 18.02% | 19.18% | 5.75% | 3.41% | 4.39% | 20.14% | 9.08% | 5.43% | 6.07% | 4.66% | 2.19% | 4.40% |
PYEQX Pioneer Equity Income Y | 7.82% | 8.95% | 39.97% | 17.70% | 12.73% | 9.44% | 1.77% | 4.15% | 7.99% | 5.46% | 13.20% | 10.34% |
Frequently Asked Questions
PYEQX and PIGFX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIGFX has higher volatility (4.03%) compared to PYEQX (3.32%). In terms of maximum drawdown, PYEQX dropped -53.72% vs PIGFX's -44.04%.
PYEQX currently has the higher Sharpe Ratio (2.17 vs 0.80), 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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