RQIIX vs. AYBLX

Last updated Jun 25, 2026

RQIIX (RESQ Strategic Income Fund) and AYBLX (Pioneer Balanced ESG Fund) are both Diversified Portfolio funds. Over the past 10 years, RQIIX returned -1.73%/yr vs 10.57%/yr for AYBLX. At a 0.33 correlation, their price movements are largely independent. RQIIX charges 1.80%/yr vs 0.65%/yr for AYBLX.

Performance

RQIIX vs. AYBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RESQ Strategic Income Fund (RQIIX) and Pioneer Balanced ESG Fund (AYBLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RQIIX achieves a 1.84% return, which is significantly lower than AYBLX's 12.96% return. Over the past 10 years, RQIIX has underperformed AYBLX with an annualized return of -1.73%, while AYBLX has yielded a comparatively higher 10.57% annualized return.

RQIIX

• 1D: 0.14%
• 1M: 1.01%
• YTD: 1.84%
• 6M: 1.63%
• 1Y: 3.58%
• 3Y*: -2.37%
• 5Y*: -4.25%
• 10Y*: -1.73%

AYBLX

• 1D: -0.90%
• 1M: 0.72%
• YTD: 12.96%
• 6M: 12.26%
• 1Y: 29.79%
• 3Y*: 17.17%
• 5Y*: 9.27%
• 10Y*: 10.57%

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

RQIIX vs. AYBLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RQIIX RESQ Strategic Income Fund	1.84%	1.25%	-5.13%	-4.76%	-10.09%	-7.69%	11.60%	8.23%	-13.25%	4.14%
AYBLX Pioneer Balanced ESG Fund	12.96%	19.80%	9.64%	15.41%	-14.39%	15.48%	12.92%	22.22%	-4.43%	15.19%

Correlation

The correlation between RQIIX and AYBLX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.26
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.27
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.33

Return for Risk

RQIIX vs. AYBLX — Risk / Return Rank

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

RQIIX

RQIIX Risk / Return Rank: 12
RQIIX Sharpe Ratio Rank: 11
RQIIX Sortino Ratio Rank: 11
RQIIX Omega Ratio Rank: 14
RQIIX Calmar Ratio Rank: 15
RQIIX Martin Ratio Rank: 9

AYBLX

AYBLX Risk / Return Rank: 94
AYBLX Sharpe Ratio Rank: 97
AYBLX Sortino Ratio Rank: 94
AYBLX Omega Ratio Rank: 89
AYBLX Calmar Ratio Rank: 94
AYBLX Martin Ratio Rank: 97

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.

RQIIX vs. AYBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RESQ Strategic Income Fund (RQIIX) and Pioneer Balanced ESG Fund (AYBLX). 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.

	RQIIX	AYBLX	Difference
Sharpe ratio: Return per unit of total volatility	0.73	3.13	-2.40
Sortino ratio: Return per unit of downside risk	1.05	4.40	-3.35
Omega ratio: Gain probability vs. loss probability	1.16	1.57	-0.41
Calmar ratio: Return relative to maximum drawdown	1.11	4.87	-3.76
Martin ratio: Return relative to average drawdown	2.16	22.57	-20.41

RQIIX vs. AYBLX - Sharpe Ratio Comparison

The current RQIIX Sharpe Ratio is 0.73, which is lower than the AYBLX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of RQIIX and AYBLX, 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

RQIIX vs. AYBLX - Drawdown Comparison

The maximum RQIIX drawdown since its inception was -34.30%, smaller than the maximum AYBLX drawdown of -36.28%. Use the drawdown chart below to compare losses from any high point for RQIIX and AYBLX.

Drawdown Indicators

	RQIIX	AYBLX	Difference
Max Drawdown Largest peak-to-trough decline	-34.30%	-36.28%	+1.98%
Max Drawdown (1Y) Largest decline over 1 year	-3.65%	-6.41%	+2.76%
Max Drawdown (3Y) Largest decline over 3 years	-19.56%	-13.39%	-6.17%
Max Drawdown (5Y) Largest decline over 5 years	-30.23%	-20.26%	-9.97%
Max Drawdown (10Y) Largest decline over 10 years	-34.30%	-24.24%	-10.06%
Current Drawdown Current decline from peak	-24.37%	-1.42%	-22.95%
Average Drawdown Average peak-to-trough decline	-13.14%	-3.78%	-9.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.87%	1.38%	+0.49%

Volatility

RQIIX vs. AYBLX - Volatility Comparison

The current volatility for RESQ Strategic Income Fund (RQIIX) is 1.38%, while Pioneer Balanced ESG Fund (AYBLX) has a volatility of 3.76%. This indicates that RQIIX experiences smaller price fluctuations and is considered to be less risky than AYBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RQIIX	AYBLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.38%	3.76%	-2.38%
Volatility (6M) Calculated over the trailing 6-month period	4.54%	7.89%	-3.35%
Volatility (1Y) Calculated over the trailing 1-year period	5.57%	9.98%	-4.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.03%	11.14%	+1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.97%	11.33%	-0.36%

RQIIX vs. AYBLX - Expense Ratio Comparison

RQIIX has a 1.80% expense ratio, which is higher than AYBLX's 0.65% expense ratio.

Dividends

RQIIX vs. AYBLX - Dividend Comparison

RQIIX's dividend yield for the trailing twelve months is around 2.34%, less than AYBLX's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AYBLX Pioneer Balanced ESG Fund	3.27%	3.58%	2.59%	1.76%	3.23%	8.61%	4.12%	6.03%	9.97%	9.42%	2.63%	4.14%
RQIIX RESQ Strategic Income Fund	2.34%	2.55%	2.87%	1.90%	1.02%	0.00%	0.40%	0.78%	1.23%	1.00%	0.21%	0.49%

Frequently Asked Questions

Can I hold both RQIIX and AYBLX in my portfolio?

RQIIX and AYBLX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RQIIX or AYBLX?

AYBLX has higher volatility (3.76%) compared to RQIIX (1.38%). In terms of maximum drawdown, RQIIX dropped -34.30% vs AYBLX's -36.28%.

Which has better risk-adjusted returns?

AYBLX currently has the higher Sharpe Ratio (3.13 vs 0.73), 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.