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RCRYX vs. FPIOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RCRYX vs. FPIOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Corporate High Yield Fund (RCRYX) and Strategic Advisers Income Opportunities Fund (FPIOX). The values are adjusted to include any dividend payments, if applicable.

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RCRYX vs. FPIOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
RCRYX
Pioneer Corporate High Yield Fund
0.29%7.00%8.07%8.30%-12.08%5.65%4.25%9.77%-2.08%5.67%
FPIOX
Strategic Advisers Income Opportunities Fund
-2.22%8.47%7.89%11.85%-11.84%5.35%5.64%14.77%-3.53%8.21%

Returns By Period

In the year-to-date period, RCRYX achieves a 0.29% return, which is significantly higher than FPIOX's -2.22% return. Over the past 10 years, RCRYX has underperformed FPIOX with an annualized return of 4.17%, while FPIOX has yielded a comparatively higher 5.31% annualized return.


RCRYX

1D
0.00%
1M
-1.07%
YTD
0.29%
6M
1.39%
1Y
5.94%
3Y*
6.94%
5Y*
2.81%
10Y*
4.17%

FPIOX

1D
-0.34%
1M
-2.44%
YTD
-2.22%
6M
-1.31%
1Y
5.22%
3Y*
7.29%
5Y*
3.37%
10Y*
5.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RCRYX vs. FPIOX - Expense Ratio Comparison

RCRYX has a 0.60% expense ratio, which is higher than FPIOX's 0.49% expense ratio.


Return for Risk

RCRYX vs. FPIOX — Risk / Return Rank

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

RCRYX
RCRYX Risk / Return Rank: 9797
Overall Rank
RCRYX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RCRYX Sortino Ratio Rank: 9898
Sortino Ratio Rank
RCRYX Omega Ratio Rank: 9797
Omega Ratio Rank
RCRYX Calmar Ratio Rank: 9595
Calmar Ratio Rank
RCRYX Martin Ratio Rank: 9696
Martin Ratio Rank

FPIOX
FPIOX Risk / Return Rank: 7272
Overall Rank
FPIOX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FPIOX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FPIOX Omega Ratio Rank: 8787
Omega Ratio Rank
FPIOX Calmar Ratio Rank: 4949
Calmar Ratio Rank
FPIOX Martin Ratio Rank: 5151
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.

RCRYX vs. FPIOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Corporate High Yield Fund (RCRYX) and Strategic Advisers Income Opportunities Fund (FPIOX). 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.


RCRYXFPIOXDifference

Sharpe ratio

Return per unit of total volatility

2.61

1.66

+0.95

Sortino ratio

Return per unit of downside risk

4.37

2.39

+1.97

Omega ratio

Gain probability vs. loss probability

1.73

1.37

+0.37

Calmar ratio

Return relative to maximum drawdown

3.35

1.20

+2.15

Martin ratio

Return relative to average drawdown

15.13

5.01

+10.12

RCRYX vs. FPIOX - Sharpe Ratio Comparison

The current RCRYX Sharpe Ratio is 2.61, which is higher than the FPIOX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of RCRYX and FPIOX, 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


RCRYXFPIOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.61

1.66

+0.95

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.70

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

0.98

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

1.00

0.92

+0.08

Correlation

The correlation between RCRYX and FPIOX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

RCRYX vs. FPIOX - Dividend Comparison

RCRYX's dividend yield for the trailing twelve months is around 4.81%, more than FPIOX's 3.99% yield.


TTM20252024202320222021202020192018201720162015
RCRYX
Pioneer Corporate High Yield Fund
4.81%5.39%5.13%3.95%4.45%4.71%4.76%4.51%4.44%5.01%6.44%4.43%
FPIOX
Strategic Advisers Income Opportunities Fund
3.99%5.34%5.81%5.52%4.34%4.70%5.20%5.53%5.48%5.02%5.88%6.58%

Drawdowns

RCRYX vs. FPIOX - Drawdown Comparison

The maximum RCRYX drawdown since its inception was -21.13%, smaller than the maximum FPIOX drawdown of -36.95%. Use the drawdown chart below to compare losses from any high point for RCRYX and FPIOX.


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Drawdown Indicators


RCRYXFPIOXDifference

Max Drawdown

Largest peak-to-trough decline

-21.13%

-36.95%

+15.82%

Max Drawdown (1Y)

Largest decline over 1 year

-1.81%

-3.10%

+1.29%

Max Drawdown (5Y)

Largest decline over 5 years

-14.92%

-15.14%

+0.22%

Max Drawdown (10Y)

Largest decline over 10 years

-21.13%

-21.77%

+0.64%

Current Drawdown

Current decline from peak

-1.07%

-2.66%

+1.59%

Average Drawdown

Average peak-to-trough decline

-2.47%

-3.68%

+1.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.40%

0.94%

-0.54%

Volatility

RCRYX vs. FPIOX - Volatility Comparison

The current volatility for Pioneer Corporate High Yield Fund (RCRYX) is 0.66%, while Strategic Advisers Income Opportunities Fund (FPIOX) has a volatility of 1.11%. This indicates that RCRYX experiences smaller price fluctuations and is considered to be less risky than FPIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RCRYXFPIOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.66%

1.11%

-0.45%

Volatility (6M)

Calculated over the trailing 6-month period

1.56%

2.13%

-0.57%

Volatility (1Y)

Calculated over the trailing 1-year period

2.44%

4.00%

-1.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.17%

5.03%

-0.86%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.51%

5.52%

-1.01%