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TYHYX vs. RPHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TYHYX vs. RPHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer High Yield Fund (TYHYX) and RiverPark Short Term High Yield Fund (RPHIX). The values are adjusted to include any dividend payments, if applicable.

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TYHYX vs. RPHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
TYHYX
Pioneer High Yield Fund
-1.37%7.99%6.55%9.17%-11.19%5.99%3.35%14.36%-3.30%7.87%
RPHIX
RiverPark Short Term High Yield Fund
1.02%4.76%6.71%5.87%2.97%2.05%1.95%2.77%2.44%2.50%

Returns By Period

In the year-to-date period, TYHYX achieves a -1.37% return, which is significantly lower than RPHIX's 1.02% return. Over the past 10 years, TYHYX has outperformed RPHIX with an annualized return of 4.92%, while RPHIX has yielded a comparatively lower 3.51% annualized return.


TYHYX

1D
0.12%
1M
-2.36%
YTD
-1.37%
6M
0.16%
1Y
5.28%
3Y*
6.35%
5Y*
2.76%
10Y*
4.92%

RPHIX

1D
0.10%
1M
0.41%
YTD
1.02%
6M
2.21%
1Y
4.74%
3Y*
5.70%
5Y*
4.56%
10Y*
3.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TYHYX vs. RPHIX - Expense Ratio Comparison

TYHYX has a 0.85% expense ratio, which is lower than RPHIX's 0.89% expense ratio.


Return for Risk

TYHYX vs. RPHIX — Risk / Return Rank

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

TYHYX
TYHYX Risk / Return Rank: 8080
Overall Rank
TYHYX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
TYHYX Sortino Ratio Rank: 8484
Sortino Ratio Rank
TYHYX Omega Ratio Rank: 8888
Omega Ratio Rank
TYHYX Calmar Ratio Rank: 7171
Calmar Ratio Rank
TYHYX Martin Ratio Rank: 7070
Martin Ratio Rank

RPHIX
RPHIX Risk / Return Rank: 100100
Overall Rank
RPHIX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
RPHIX Sortino Ratio Rank: 100100
Sortino Ratio Rank
RPHIX Omega Ratio Rank: 9999
Omega Ratio Rank
RPHIX Calmar Ratio Rank: 9999
Calmar Ratio Rank
RPHIX Martin Ratio Rank: 100100
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.

TYHYX vs. RPHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer High Yield Fund (TYHYX) and RiverPark Short Term High Yield Fund (RPHIX). 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.


TYHYXRPHIXDifference

Sharpe ratio

Return per unit of total volatility

1.60

5.05

-3.46

Sortino ratio

Return per unit of downside risk

2.23

10.09

-7.86

Omega ratio

Gain probability vs. loss probability

1.38

3.43

-2.05

Calmar ratio

Return relative to maximum drawdown

1.64

11.50

-9.86

Martin ratio

Return relative to average drawdown

6.69

85.12

-78.43

TYHYX vs. RPHIX - Sharpe Ratio Comparison

The current TYHYX Sharpe Ratio is 1.60, which is lower than the RPHIX Sharpe Ratio of 5.05. The chart below compares the historical Sharpe Ratios of TYHYX and RPHIX, 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


TYHYXRPHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.60

5.05

-3.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.63

3.63

-3.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.95

2.94

-1.99

Sharpe Ratio (All Time)

Calculated using the full available price history

0.91

2.94

-2.03

Correlation

The correlation between TYHYX and RPHIX is 0.25, 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

TYHYX vs. RPHIX - Dividend Comparison

TYHYX's dividend yield for the trailing twelve months is around 5.45%, more than RPHIX's 4.10% yield.


TTM20252024202320222021202020192018201720162015
TYHYX
Pioneer High Yield Fund
5.45%5.91%4.13%4.10%5.23%4.44%5.23%5.17%5.13%4.97%5.12%6.29%
RPHIX
RiverPark Short Term High Yield Fund
4.10%4.76%6.40%5.08%3.46%2.03%2.44%2.85%2.83%2.68%2.63%3.19%

Drawdowns

TYHYX vs. RPHIX - Drawdown Comparison

The maximum TYHYX drawdown since its inception was -40.86%, which is greater than RPHIX's maximum drawdown of -3.16%. Use the drawdown chart below to compare losses from any high point for TYHYX and RPHIX.


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Drawdown Indicators


TYHYXRPHIXDifference

Max Drawdown

Largest peak-to-trough decline

-40.86%

-3.16%

-37.70%

Max Drawdown (1Y)

Largest decline over 1 year

-3.33%

-0.41%

-2.92%

Max Drawdown (5Y)

Largest decline over 5 years

-14.11%

-0.92%

-13.19%

Max Drawdown (10Y)

Largest decline over 10 years

-23.73%

-3.16%

-20.57%

Current Drawdown

Current decline from peak

-2.38%

0.00%

-2.38%

Average Drawdown

Average peak-to-trough decline

-4.01%

-0.09%

-3.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.82%

0.06%

+0.76%

Volatility

TYHYX vs. RPHIX - Volatility Comparison

Pioneer High Yield Fund (TYHYX) has a higher volatility of 1.24% compared to RiverPark Short Term High Yield Fund (RPHIX) at 0.24%. This indicates that TYHYX's price experiences larger fluctuations and is considered to be riskier than RPHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TYHYXRPHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.24%

0.24%

+1.00%

Volatility (6M)

Calculated over the trailing 6-month period

2.09%

0.62%

+1.47%

Volatility (1Y)

Calculated over the trailing 1-year period

3.66%

0.97%

+2.69%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.38%

1.26%

+3.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.20%

1.20%

+4.00%