SSHQX vs. PMFYX
Compare and contrast key facts about State Street Hedged International Developed Equity Index Fund (SSHQX) and Pioneer Multi-Asset Income Fund (PMFYX).
SSHQX is managed by State Street. It was launched on May 29, 2015. PMFYX is managed by Amundi. It was launched on Dec 21, 2011.
Performance
SSHQX vs. PMFYX - Performance Comparison
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SSHQX vs. PMFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSHQX State Street Hedged International Developed Equity Index Fund | 2.41% | 23.42% | 13.71% | 19.74% | -4.73% | 19.32% | -89.75% | 24.83% | -9.27% | 16.85% |
PMFYX Pioneer Multi-Asset Income Fund | 1.37% | 23.15% | 6.28% | 7.04% | -0.34% | 12.25% | 5.38% | 11.13% | -5.91% | 18.23% |
Returns By Period
In the year-to-date period, SSHQX achieves a 2.41% return, which is significantly higher than PMFYX's 1.37% return. Over the past 10 years, SSHQX has underperformed PMFYX with an annualized return of -11.24%, while PMFYX has yielded a comparatively higher 8.66% annualized return.
SSHQX
- 1D
- 1.89%
- 1M
- -4.81%
- YTD
- 2.41%
- 6M
- 8.34%
- 1Y
- 21.02%
- 3Y*
- 16.59%
- 5Y*
- 12.47%
- 10Y*
- -11.24%
PMFYX
- 1D
- 0.46%
- 1M
- -2.76%
- YTD
- 1.37%
- 6M
- 4.45%
- 1Y
- 17.47%
- 3Y*
- 12.07%
- 5Y*
- 8.12%
- 10Y*
- 8.66%
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SSHQX vs. PMFYX - Expense Ratio Comparison
SSHQX has a 0.20% expense ratio, which is lower than PMFYX's 0.65% expense ratio.
Return for Risk
SSHQX vs. PMFYX — Risk / Return Rank
SSHQX
PMFYX
SSHQX vs. PMFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Hedged International Developed Equity Index Fund (SSHQX) and Pioneer Multi-Asset Income Fund (PMFYX). 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.
| SSHQX | PMFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 2.46 | -1.10 |
Sortino ratioReturn per unit of downside risk | 1.89 | 3.11 | -1.22 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.53 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 2.52 | -0.75 |
Martin ratioReturn relative to average drawdown | 7.39 | 11.71 | -4.33 |
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
| SSHQX | PMFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 2.46 | -1.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 1.13 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.35 | 1.14 | -1.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.36 | 1.14 | -1.50 |
Correlation
The correlation between SSHQX and PMFYX is 0.61, 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
SSHQX vs. PMFYX - Dividend Comparison
SSHQX's dividend yield for the trailing twelve months is around 3.52%, less than PMFYX's 5.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSHQX State Street Hedged International Developed Equity Index Fund | 3.52% | 3.60% | 3.11% | 3.77% | 22.27% | 2.93% | 2.03% | 5.14% | 7.33% | 3.12% | 4.30% | 0.00% |
PMFYX Pioneer Multi-Asset Income Fund | 5.96% | 6.48% | 5.48% | 4.87% | 5.00% | 5.70% | 5.58% | 6.00% | 6.07% | 6.88% | 5.72% | 6.14% |
Drawdowns
SSHQX vs. PMFYX - Drawdown Comparison
The maximum SSHQX drawdown since its inception was -92.12%, which is greater than PMFYX's maximum drawdown of -24.23%. Use the drawdown chart below to compare losses from any high point for SSHQX and PMFYX.
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Drawdown Indicators
| SSHQX | PMFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.12% | -24.23% | -67.89% |
Max Drawdown (1Y)Largest decline over 1 year | -11.15% | -7.09% | -4.06% |
Max Drawdown (5Y)Largest decline over 5 years | -14.79% | -13.62% | -1.17% |
Max Drawdown (10Y)Largest decline over 10 years | -92.12% | -24.23% | -67.89% |
Current DrawdownCurrent decline from peak | -80.46% | -3.12% | -77.34% |
Average DrawdownAverage peak-to-trough decline | -51.83% | -2.62% | -49.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 1.53% | +1.21% |
Volatility
SSHQX vs. PMFYX - Volatility Comparison
State Street Hedged International Developed Equity Index Fund (SSHQX) has a higher volatility of 6.05% compared to Pioneer Multi-Asset Income Fund (PMFYX) at 2.29%. This indicates that SSHQX's price experiences larger fluctuations and is considered to be riskier than PMFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSHQX | PMFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 2.29% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 9.40% | 4.14% | +5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.69% | 7.16% | +8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.32% | 7.23% | +6.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 32.23% | 7.60% | +24.63% |