See what your fund actually adds
PIA High Yield Fund Institutional Class PHYSX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | PHYSX | Replication |
|---|---|---|
| Annualized growth | 3.3% | 4.4% |
| Annualized volatility | 5.2% | 4.5% |
| Sharpe ratio | 0.65 | 0.97 |
| Maximum drawdown | 13.5% | 10.9% |
| Replication fit (R²) | 0.86 · Tracking error 2.0% | |
Replication portfolio
The published portfolio below is the investable basket used to model PHYSX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| SPHY | FI · High Yield | 64.1% |
| BKLN | FI · Senior Bank Loans | 35.9% |