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TYHYX vs. DODIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TYHYX and DODIX is 0.11, 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.


-0.50.00.51.00.1

Performance

TYHYX vs. DODIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer High Yield Fund (TYHYX) and Dodge & Cox Income Fund (DODIX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%SeptemberOctoberNovemberDecember2025February
3.71%
-0.78%
TYHYX
DODIX

Key characteristics

Sharpe Ratio

TYHYX:

3.22

DODIX:

1.03

Sortino Ratio

TYHYX:

5.49

DODIX:

1.52

Omega Ratio

TYHYX:

1.80

DODIX:

1.18

Calmar Ratio

TYHYX:

5.70

DODIX:

0.54

Martin Ratio

TYHYX:

19.81

DODIX:

2.60

Ulcer Index

TYHYX:

0.50%

DODIX:

2.18%

Daily Std Dev

TYHYX:

3.07%

DODIX:

5.49%

Max Drawdown

TYHYX:

-44.82%

DODIX:

-18.50%

Current Drawdown

TYHYX:

-0.11%

DODIX:

-4.52%

Returns By Period

In the year-to-date period, TYHYX achieves a 1.54% return, which is significantly higher than DODIX's 1.21% return. Over the past 10 years, TYHYX has outperformed DODIX with an annualized return of 4.30%, while DODIX has yielded a comparatively lower 2.02% annualized return.


TYHYX

YTD

1.54%

1M

0.96%

6M

3.71%

1Y

10.05%

5Y*

3.47%

10Y*

4.30%

DODIX

YTD

1.21%

1M

1.29%

6M

-0.78%

1Y

5.24%

5Y*

0.41%

10Y*

2.02%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


TYHYX vs. DODIX - Expense Ratio Comparison

TYHYX has a 0.85% expense ratio, which is higher than DODIX's 0.41% expense ratio.


TYHYX
Pioneer High Yield Fund
Expense ratio chart for TYHYX: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
Expense ratio chart for DODIX: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%

Risk-Adjusted Performance

TYHYX vs. DODIX — Risk-Adjusted Performance Rank

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

TYHYX
The Risk-Adjusted Performance Rank of TYHYX is 9595
Overall Rank
The Sharpe Ratio Rank of TYHYX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of TYHYX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of TYHYX is 9595
Omega Ratio Rank
The Calmar Ratio Rank of TYHYX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of TYHYX is 9595
Martin Ratio Rank

DODIX
The Risk-Adjusted Performance Rank of DODIX is 4141
Overall Rank
The Sharpe Ratio Rank of DODIX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of DODIX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of DODIX is 4040
Omega Ratio Rank
The Calmar Ratio Rank of DODIX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of DODIX is 3333
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

TYHYX vs. DODIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer High Yield Fund (TYHYX) and Dodge & Cox Income Fund (DODIX). 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.


Sharpe ratio
The chart of Sharpe ratio for TYHYX, currently valued at 3.22, compared to the broader market-1.000.001.002.003.004.003.220.90
The chart of Sortino ratio for TYHYX, currently valued at 5.49, compared to the broader market0.002.004.006.008.0010.0012.005.491.32
The chart of Omega ratio for TYHYX, currently valued at 1.80, compared to the broader market1.002.003.004.001.801.16
The chart of Calmar ratio for TYHYX, currently valued at 5.70, compared to the broader market0.005.0010.0015.0020.005.700.46
The chart of Martin ratio for TYHYX, currently valued at 19.81, compared to the broader market0.0020.0040.0060.0080.0019.812.25
TYHYX
DODIX

The current TYHYX Sharpe Ratio is 3.22, which is higher than the DODIX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of TYHYX and DODIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00SeptemberOctoberNovemberDecember2025February
3.22
0.90
TYHYX
DODIX

Dividends

TYHYX vs. DODIX - Dividend Comparison

TYHYX's dividend yield for the trailing twelve months is around 6.03%, more than DODIX's 4.19% yield.


TTM20242023202220212020201920182017201620152014
TYHYX
Pioneer High Yield Fund
6.03%6.07%5.50%5.94%4.47%5.25%5.20%5.13%5.07%5.21%6.05%5.12%
DODIX
Dodge & Cox Income Fund
4.19%4.24%3.86%2.84%1.89%2.44%3.04%3.00%2.76%3.11%3.03%3.84%

Drawdowns

TYHYX vs. DODIX - Drawdown Comparison

The maximum TYHYX drawdown since its inception was -44.82%, which is greater than DODIX's maximum drawdown of -18.50%. Use the drawdown chart below to compare losses from any high point for TYHYX and DODIX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February
-0.11%
-4.52%
TYHYX
DODIX

Volatility

TYHYX vs. DODIX - Volatility Comparison

The current volatility for Pioneer High Yield Fund (TYHYX) is 0.86%, while Dodge & Cox Income Fund (DODIX) has a volatility of 1.45%. This indicates that TYHYX experiences smaller price fluctuations and is considered to be less risky than DODIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%SeptemberOctoberNovemberDecember2025February
0.86%
1.45%
TYHYX
DODIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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