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XILSX vs. HIMYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

XILSX vs. HIMYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer ILS Interval Fund (XILSX) and Pioneer High Income Municipal Fund (HIMYX). The values are adjusted to include any dividend payments, if applicable.

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XILSX vs. HIMYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
XILSX
Pioneer ILS Interval Fund
6.00%18.70%18.93%18.65%1.23%-1.10%7.37%2.60%-2.11%-8.83%
HIMYX
Pioneer High Income Municipal Fund
-0.90%-1.50%6.07%3.64%-13.08%6.69%1.85%9.56%4.15%7.09%

Returns By Period

In the year-to-date period, XILSX achieves a 6.00% return, which is significantly higher than HIMYX's -0.90% return.


XILSX

1D
0.79%
1M
2.20%
YTD
6.00%
6M
12.03%
1Y
26.11%
3Y*
19.87%
5Y*
12.11%
10Y*

HIMYX

1D
0.37%
1M
-2.66%
YTD
-0.90%
6M
-2.34%
1Y
-2.72%
3Y*
1.70%
5Y*
-0.43%
10Y*
2.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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XILSX vs. HIMYX - Expense Ratio Comparison

XILSX has a 1.88% expense ratio, which is higher than HIMYX's 0.55% expense ratio.


Return for Risk

XILSX vs. HIMYX — Risk / Return Rank

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

XILSX
XILSX Risk / Return Rank: 100100
Overall Rank
XILSX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
XILSX Sortino Ratio Rank: 100100
Sortino Ratio Rank
XILSX Omega Ratio Rank: 100100
Omega Ratio Rank
XILSX Calmar Ratio Rank: 100100
Calmar Ratio Rank
XILSX Martin Ratio Rank: 100100
Martin Ratio Rank

HIMYX
HIMYX Risk / Return Rank: 33
Overall Rank
HIMYX Sharpe Ratio Rank: 22
Sharpe Ratio Rank
HIMYX Sortino Ratio Rank: 22
Sortino Ratio Rank
HIMYX Omega Ratio Rank: 22
Omega Ratio Rank
HIMYX Calmar Ratio Rank: 33
Calmar Ratio Rank
HIMYX Martin Ratio Rank: 44
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.

XILSX vs. HIMYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer ILS Interval Fund (XILSX) and Pioneer High Income Municipal Fund (HIMYX). 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.


XILSXHIMYXDifference

Sharpe ratio

Return per unit of total volatility

8.44

-0.27

+8.71

Sortino ratio

Return per unit of downside risk

73.85

-0.34

+74.19

Omega ratio

Gain probability vs. loss probability

32.11

0.94

+31.17

Calmar ratio

Return relative to maximum drawdown

124.30

-0.19

+124.49

Martin ratio

Return relative to average drawdown

774.78

-0.38

+775.15

XILSX vs. HIMYX - Sharpe Ratio Comparison

The current XILSX Sharpe Ratio is 8.44, which is higher than the HIMYX Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of XILSX and HIMYX, 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


XILSXHIMYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

8.44

-0.27

+8.71

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

3.23

-0.08

+3.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

1.60

0.52

+1.08

Correlation

The correlation between XILSX and HIMYX 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

XILSX vs. HIMYX - Dividend Comparison

XILSX's dividend yield for the trailing twelve months is around 8.97%, more than HIMYX's 8.24% yield.


TTM20252024202320222021202020192018201720162015
XILSX
Pioneer ILS Interval Fund
8.97%9.51%13.06%12.82%2.68%2.04%5.20%6.63%6.40%0.00%0.00%0.00%
HIMYX
Pioneer High Income Municipal Fund
8.24%8.63%5.32%4.97%3.88%3.71%3.96%5.35%5.20%5.00%5.66%5.65%

Drawdowns

XILSX vs. HIMYX - Drawdown Comparison

The maximum XILSX drawdown since its inception was -14.53%, smaller than the maximum HIMYX drawdown of -35.00%. Use the drawdown chart below to compare losses from any high point for XILSX and HIMYX.


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Drawdown Indicators


XILSXHIMYXDifference

Max Drawdown

Largest peak-to-trough decline

-14.53%

-35.00%

+20.47%

Max Drawdown (1Y)

Largest decline over 1 year

-0.21%

-6.96%

+6.75%

Max Drawdown (5Y)

Largest decline over 5 years

-6.27%

-19.32%

+13.05%

Max Drawdown (10Y)

Largest decline over 10 years

-19.32%

Current Drawdown

Current decline from peak

0.00%

-6.73%

+6.73%

Average Drawdown

Average peak-to-trough decline

-5.00%

-5.66%

+0.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.03%

3.50%

-3.47%

Volatility

XILSX vs. HIMYX - Volatility Comparison

The current volatility for Pioneer ILS Interval Fund (XILSX) is 1.02%, while Pioneer High Income Municipal Fund (HIMYX) has a volatility of 1.41%. This indicates that XILSX experiences smaller price fluctuations and is considered to be less risky than HIMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


XILSXHIMYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.02%

1.41%

-0.39%

Volatility (6M)

Calculated over the trailing 6-month period

2.28%

4.32%

-2.04%

Volatility (1Y)

Calculated over the trailing 1-year period

3.11%

8.39%

-5.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.77%

5.62%

-1.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.96%

5.04%

-1.08%