Prudential Day One 2020 Fund (PDDDX) 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 PDDDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDDDX
PDDDX charges 0.76% annually. There are 549 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 2045 Fund | 0.01% | — | Feb 2008 | PDDDX vs LTRIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PDDDX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | PDDDX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDDDX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | PDDDX vs FCQTX |
Best Risk-Adjusted Alternatives to PDDDX
PDDDX has a PortfoliosLab risk / return rank of 69. There are 284 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | PDDDX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | PDDDX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | PDDDX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | PDDDX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | PDDDX vs FRHMX |
Top Performing PDDDX Alternatives (YTD)
PDDDX is at 4.90% YTD. There are 576 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | PDDDX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PDDDX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PDDDX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PDDDX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.76% | — | Aug 2014 | PDDDX vs FVTKX |
Lowest Volatility Alternatives to PDDDX
PDDDX has 5.20% 1-year volatility. There are 46 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.58% | — | Nov 2015 | PDDDX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PDDDX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | PDDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.32% | — | Oct 2009 | PDDDX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.36% | — | Aug 2007 | PDDDX vs FRIMX |
Lowest Drawdown Alternatives to PDDDX
PDDDX has a 1-year max drawdown of -3.90%. There are 40 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 | PDDDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PDDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDDDX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PDDDX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PDDDX vs FRKMX |
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 | 12 | 4.02% | — | Nov 1995 | PDDDX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 69 | 1.64% | — | Oct 2011 | PDDDX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 24 | 0.43% | — | Dec 2010 | PDDDX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 50 | 0.81% | — | Dec 2013 | PDDDX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 23 | 0.38% | — | Jan 1997 | PDDDX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 96 | 2.29% | — | Mar 2011 | PDDDX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 68 | 1.37% | — | Oct 2012 | PDDDX vs HYSZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 81 | 7.25% | — | Sep 2017 | PDDDX vs PALDX | |
| PGIM High Yield Fund | High Yield Bonds | 65 | 1.48% | — | Jan 1990 | PDDDX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 17 | 19.37% | — | Jun 2012 | PDDDX vs PWJZX |
Often Compared With PDDDX
Investors most often compare PDDDX with FUTU, FYTKX, LINKX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PDDDX with Any Fund or Stock
Compare PDDDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDDDX with funds that move differently
Prudential Day One 2020 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDDDX.
Explore PDDDX Diversifiers