PYHRX vs. FUAMX
Compare and contrast key facts about Payden High Income Fund (PYHRX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX).
PYHRX is managed by Paydenfunds. It was launched on Dec 30, 1997. FUAMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PYHRX or FUAMX.
Correlation
The correlation between PYHRX and FUAMX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PYHRX vs. FUAMX - Performance Comparison
Key characteristics
PYHRX:
2.07
FUAMX:
1.42
PYHRX:
2.81
FUAMX:
2.14
PYHRX:
1.48
FUAMX:
1.26
PYHRX:
1.73
FUAMX:
0.46
PYHRX:
7.83
FUAMX:
3.13
PYHRX:
0.93%
FUAMX:
2.63%
PYHRX:
3.51%
FUAMX:
5.79%
PYHRX:
-27.80%
FUAMX:
-21.35%
PYHRX:
-1.53%
FUAMX:
-11.07%
Returns By Period
In the year-to-date period, PYHRX achieves a 0.48% return, which is significantly lower than FUAMX's 4.08% return.
PYHRX
0.48%
-0.32%
1.06%
7.31%
7.57%
5.10%
FUAMX
4.08%
0.99%
3.12%
8.58%
-2.05%
N/A
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PYHRX vs. FUAMX - Expense Ratio Comparison
PYHRX has a 0.60% expense ratio, which is higher than FUAMX's 0.03% expense ratio.
Risk-Adjusted Performance
PYHRX vs. FUAMX — Risk-Adjusted Performance Rank
PYHRX
FUAMX
PYHRX vs. FUAMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Payden High Income Fund (PYHRX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX). 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.
Dividends
PYHRX vs. FUAMX - Dividend Comparison
PYHRX's dividend yield for the trailing twelve months is around 7.35%, more than FUAMX's 3.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PYHRX Payden High Income Fund | 7.35% | 7.19% | 6.68% | 6.07% | 4.79% | 5.00% | 5.23% | 5.88% | 5.27% | 5.28% | 5.52% | 6.08% |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 3.56% | 3.60% | 2.19% | 1.64% | 1.34% | 1.60% | 2.17% | 2.23% | 0.49% | 0.00% | 0.00% | 0.00% |
Drawdowns
PYHRX vs. FUAMX - Drawdown Comparison
The maximum PYHRX drawdown since its inception was -27.80%, which is greater than FUAMX's maximum drawdown of -21.35%. Use the drawdown chart below to compare losses from any high point for PYHRX and FUAMX. For additional features, visit the drawdowns tool.
Volatility
PYHRX vs. FUAMX - Volatility Comparison
Payden High Income Fund (PYHRX) has a higher volatility of 2.44% compared to Fidelity Intermediate Treasury Bond Index Fund (FUAMX) at 2.29%. This indicates that PYHRX's price experiences larger fluctuations and is considered to be riskier than FUAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.