SYFFX vs. PCGRX

Last updated Apr 1, 2026

Compare and contrast key facts about Pioneer Securitized Income Fund (SYFFX) and Pioneer Mid Cap Value Fund (PCGRX).

SYFFX is managed by Amundi. It was launched on Dec 8, 2019. PCGRX is managed by Amundi. It was launched on Jul 25, 1990.

Performance

SYFFX vs. PCGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Securitized Income Fund (SYFFX) and Pioneer Mid Cap Value Fund (PCGRX). The values are adjusted to include any dividend payments, if applicable.

SYFFX vs. PCGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SYFFX Pioneer Securitized Income Fund	0.32%	6.83%	9.33%	13.51%	-5.15%	5.45%	-3.68%	0.50%
PCGRX Pioneer Mid Cap Value Fund	1.36%	10.84%	10.44%	12.38%	-5.85%	28.94%	1.81%	1.32%

Returns By Period

In the year-to-date period, SYFFX achieves a 0.32% return, which is significantly lower than PCGRX's 1.36% return.

SYFFX

• 1D: 0.11%
• 1M: -1.05%
• YTD: 0.32%
• 6M: 1.75%
• 1Y: 4.95%
• 3Y*: 8.68%
• 5Y*: 5.46%
• 10Y*: —

PCGRX

• 1D: -0.89%
• 1M: -6.55%
• YTD: 1.36%
• 6M: 4.63%
• 1Y: 13.03%
• 3Y*: 11.24%
• 5Y*: 8.34%
• 10Y*: 8.61%

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

SYFFX vs. PCGRX - Expense Ratio Comparison

SYFFX has a 0.65% expense ratio, which is lower than PCGRX's 1.05% expense ratio.

PCGRX

Pioneer Mid Cap Value Fund

SYFFX

Pioneer Securitized Income Fund

Return for Risk

SYFFX vs. PCGRX — Risk / Return Rank

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

SYFFX

SYFFX Risk / Return Rank: 94
SYFFX Sharpe Ratio Rank: 93
SYFFX Sortino Ratio Rank: 97
SYFFX Omega Ratio Rank: 96
SYFFX Calmar Ratio Rank: 96
SYFFX Martin Ratio Rank: 86

PCGRX

PCGRX Risk / Return Rank: 33
PCGRX Sharpe Ratio Rank: 34
PCGRX Sortino Ratio Rank: 34
PCGRX Omega Ratio Rank: 34
PCGRX Calmar Ratio Rank: 31
PCGRX Martin Ratio Rank: 33

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.

SYFFX vs. PCGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Securitized Income Fund (SYFFX) and Pioneer Mid Cap Value Fund (PCGRX). 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.

	SYFFX	PCGRX	Difference
Sharpe ratio Return per unit of total volatility	2.03	0.75	+1.28
Sortino ratio Return per unit of downside risk	3.75	1.14	+2.61
Omega ratio Gain probability vs. loss probability	1.58	1.16	+0.42
Calmar ratio Return relative to maximum drawdown	3.65	0.86	+2.79
Martin ratio Return relative to average drawdown	9.09	3.50	+5.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SYFFX vs. PCGRX - Sharpe Ratio Comparison

The current SYFFX Sharpe Ratio is 2.03, which is higher than the PCGRX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of SYFFX and PCGRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	SYFFX	PCGRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.03	0.75	+1.28
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.83	0.47	+1.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.54	-0.08

Correlation

The correlation between SYFFX and PCGRX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

SYFFX vs. PCGRX - Dividend Comparison

SYFFX's dividend yield for the trailing twelve months is around 5.94%, less than PCGRX's 7.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SYFFX Pioneer Securitized Income Fund	5.94%	6.62%	6.94%	8.07%	5.96%	2.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PCGRX Pioneer Mid Cap Value Fund	7.09%	7.19%	9.50%	6.92%	12.41%	14.24%	0.71%	1.08%	12.40%	8.35%	6.59%	10.48%

Drawdowns

SYFFX vs. PCGRX - Drawdown Comparison

The maximum SYFFX drawdown since its inception was -38.78%, smaller than the maximum PCGRX drawdown of -53.63%. Use the drawdown chart below to compare losses from any high point for SYFFX and PCGRX.

Drawdown Indicators

	SYFFX	PCGRX	Difference
Max Drawdown Largest peak-to-trough decline	-38.78%	-53.63%	+14.85%
Max Drawdown (1Y) Largest decline over 1 year	-1.55%	-14.56%	+13.01%
Max Drawdown (5Y) Largest decline over 5 years	-6.11%	-20.29%	+14.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-42.30%	—
Current Drawdown Current decline from peak	-1.05%	-7.61%	+6.56%
Average Drawdown Average peak-to-trough decline	-4.02%	-7.56%	+3.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	3.57%	-2.95%

Volatility

SYFFX vs. PCGRX - Volatility Comparison

The current volatility for Pioneer Securitized Income Fund (SYFFX) is 0.47%, while Pioneer Mid Cap Value Fund (PCGRX) has a volatility of 4.50%. This indicates that SYFFX experiences smaller price fluctuations and is considered to be less risky than PCGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SYFFX	PCGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.47%	4.50%	-4.03%
Volatility (6M) Calculated over the trailing 6-month period	1.62%	10.04%	-8.42%
Volatility (1Y) Calculated over the trailing 1-year period	2.69%	19.03%	-16.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.00%	17.67%	-14.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.89%	19.50%	-10.61%