VTTVX vs. PMAIX
Compare and contrast key facts about Vanguard Target Retirement 2025 Fund (VTTVX) and Pioneer Multi-Asset Income Fund A (PMAIX).
VTTVX is managed by Vanguard. It was launched on Oct 27, 2003. PMAIX is managed by Amundi. It was launched on Dec 22, 2011.
Performance
VTTVX vs. PMAIX - Performance Comparison
Loading graphics...
VTTVX vs. PMAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTTVX Vanguard Target Retirement 2025 Fund | -0.75% | 14.63% | 9.23% | 14.76% | -15.57% | 9.78% | 13.31% | 19.63% | -5.14% | 13.68% |
PMAIX Pioneer Multi-Asset Income Fund A | 1.34% | 23.03% | 6.09% | 7.32% | -0.79% | 12.00% | 5.35% | 10.88% | -6.10% | 17.97% |
Returns By Period
In the year-to-date period, VTTVX achieves a -0.75% return, which is significantly lower than PMAIX's 1.34% return. Over the past 10 years, VTTVX has underperformed PMAIX with an annualized return of 7.42%, while PMAIX has yielded a comparatively higher 8.51% annualized return.
VTTVX
- 1D
- 1.49%
- 1M
- -3.60%
- YTD
- -0.75%
- 6M
- 0.96%
- 1Y
- 12.74%
- 3Y*
- 10.65%
- 5Y*
- 5.17%
- 10Y*
- 7.42%
PMAIX
- 1D
- 0.54%
- 1M
- -2.74%
- YTD
- 1.34%
- 6M
- 4.36%
- 1Y
- 17.30%
- 3Y*
- 12.04%
- 5Y*
- 7.98%
- 10Y*
- 8.51%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VTTVX vs. PMAIX - Expense Ratio Comparison
VTTVX has a 0.08% expense ratio, which is lower than PMAIX's 0.85% expense ratio.
Return for Risk
VTTVX vs. PMAIX — Risk / Return Rank
VTTVX
PMAIX
VTTVX vs. PMAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2025 Fund (VTTVX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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.
| VTTVX | PMAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.53 | 2.43 | -0.90 |
Sortino ratioReturn per unit of downside risk | 2.20 | 3.08 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.52 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.50 | -0.35 |
Martin ratioReturn relative to average drawdown | 9.25 | 11.66 | -2.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| VTTVX | PMAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 2.43 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 1.11 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 1.13 | -0.38 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.12 | -0.58 |
Correlation
The correlation between VTTVX and PMAIX is 0.66, 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
VTTVX vs. PMAIX - Dividend Comparison
VTTVX's dividend yield for the trailing twelve months is around 7.44%, more than PMAIX's 5.79% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTTVX Vanguard Target Retirement 2025 Fund | 7.44% | 7.38% | 7.63% | 3.96% | 2.96% | 16.28% | 4.35% | 2.57% | 3.14% | 0.47% | 2.68% | 4.98% |
PMAIX Pioneer Multi-Asset Income Fund A | 5.79% | 6.29% | 5.30% | 5.14% | 4.53% | 5.50% | 5.39% | 5.78% | 5.83% | 6.69% | 5.53% | 5.92% |
Drawdowns
VTTVX vs. PMAIX - Drawdown Comparison
The maximum VTTVX drawdown since its inception was -46.03%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for VTTVX and PMAIX.
Loading graphics...
Drawdown Indicators
| VTTVX | PMAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.03% | -24.12% | -21.91% |
Max Drawdown (1Y)Largest decline over 1 year | -6.08% | -7.06% | +0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -21.52% | -13.97% | -7.55% |
Max Drawdown (10Y)Largest decline over 10 years | -22.51% | -24.12% | +1.61% |
Current DrawdownCurrent decline from peak | -4.12% | -3.10% | -1.02% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -2.69% | -2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.42% | 1.52% | -0.10% |
Volatility
VTTVX vs. PMAIX - Volatility Comparison
Vanguard Target Retirement 2025 Fund (VTTVX) has a higher volatility of 3.45% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.29%. This indicates that VTTVX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VTTVX | PMAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.45% | 2.29% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 5.21% | 4.18% | +1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.53% | 7.19% | +1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.07% | 7.20% | +1.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.93% | 7.58% | +2.35% |