Prudential Day One Income Fund (PDAHX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PDAHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDAHX
PDAHX charges 0.16% annually. There are 152 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | PDAHX vs LTSTX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PDAHX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDAHX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PDAHX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | PDAHX vs PPLIX |
Best Risk-Adjusted Alternatives to PDAHX
PDAHX has a PortfoliosLab risk / return rank of 85. There are 2 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 89 | — | Dec 2019 | PDAHX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | PDAHX vs SSFNX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | PDAHX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | PDAHX vs DRILX | |
| Dimensional Retirement Income Fund | 83 | — | Nov 2015 | PDAHX vs TDIFX |
Top Performing PDAHX Alternatives (YTD)
PDAHX is at 5.42% YTD. There are 557 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 14.17% | — | Jun 2017 | PDAHX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | PDAHX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | PDAHX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | PDAHX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | PDAHX vs FFBQX |
Lowest Volatility Alternatives to PDAHX
PDAHX has 4.36% 1-year volatility. There are 16 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.33% | — | Nov 2015 | PDAHX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | PDAHX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | PDAHX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | PDAHX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | 4.15% | — | Aug 2019 | PDAHX vs FRKMX |
Lowest Drawdown Alternatives to PDAHX
PDAHX has a 1-year max drawdown of -3.51%. There are 15 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | PDAHX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PDAHX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDAHX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PDAHX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | — | Aug 2019 | PDAHX vs FRQKX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PHYQX, PTRQX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 18 | 9.23% | — | Nov 1995 | PDAHX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 75 | 1.85% | — | Oct 2011 | PDAHX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 28 | 0.68% | — | Dec 2010 | PDAHX vs PTRQX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 27 | 0.72% | — | Jan 1997 | PDAHX vs PDBZX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 64 | 1.15% | — | Dec 2013 | PDAHX vs SDMZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 94 | 2.29% | — | Mar 2011 | PDAHX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 70 | 1.50% | — | Oct 2012 | PDAHX vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 72 | 1.69% | — | Jan 1990 | PDAHX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 9 | 13.56% | — | Jun 2012 | PDAHX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 40 | 11.50% | — | Jan 1990 | PDAHX vs PGOAX |
Often Compared With PDAHX
Investors most often compare PDAHX with DGRO, FNGLX, FFFYX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PDAHX with Any Fund or Stock
Compare PDAHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDAHX with funds that move differently
Prudential Day One Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDAHX.
Explore PDAHX Diversifiers