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 554 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| 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 | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PDDDX vs PLWIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PDDDX vs JLKYX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | PDDDX vs LTSTX |
Best Risk-Adjusted Alternatives to PDDDX
PDDDX has a PortfoliosLab risk / return rank of 80. There are 11 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | PDDDX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | PDDDX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PDDDX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 83 | — | Sep 2014 | PDDDX vs SSBRX | |
| USAA Target Retirement 2030 Fund | 83 | — | Jul 2008 | PDDDX vs URTRX |
Top Performing PDDDX Alternatives (YTD)
PDDDX is at 5.19% YTD. There are 507 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | PDDDX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | PDDDX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.89% | — | Jun 2017 | PDDDX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.86% | — | Jun 2019 | PDDDX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.80% | — | Jun 2017 | PDDDX vs FQLSX |
Lowest Volatility Alternatives to PDDDX
PDDDX has 5.26% 1-year volatility. There are 33 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | PDDDX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.43% | — | Oct 2009 | PDDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.46% | — | Oct 2009 | PDDDX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | PDDDX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | PDDDX vs DRIQX |
Lowest Drawdown Alternatives to PDDDX
PDDDX has a 1-year max drawdown of -3.90%. There are 29 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PDDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDDDX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PDDDX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | PDDDX vs PRMYX |
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 | 10 | 3.75% | — | Nov 1995 | PDDDX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 44 | 1.16% | — | Oct 2011 | PDDDX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 16 | -0.78% | — | Dec 2010 | PDDDX vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 95 | 2.71% | — | Mar 2011 | PDDDX vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 16 | -0.75% | — | Jan 1997 | PDDDX vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 73 | 6.89% | — | Sep 2017 | PDDDX vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 47 | 0.84% | — | Dec 2013 | PDDDX vs SDMZX | |
| PGIM High Yield Fund | High Yield Bonds | 40 | 0.98% | — | Jan 1990 | PDDDX vs PBHAX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 43 | 0.93% | — | Oct 2012 | PDDDX vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 7 | 2.74% | — | Jun 2012 | PDDDX vs PWJZX |
Often Compared With PDDDX
Investors most often compare PDDDX with FUTU, FYTKX, RFGTX. 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