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 2040 Fund | 0.01% | — | Feb 2001 | PDDDX vs PTDIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PDDDX vs PMTIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PDDDX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDDDX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PDDDX vs LTRIX |
Best Risk-Adjusted Alternatives to PDDDX
PDDDX has a PortfoliosLab risk / return rank of 81. There are 17 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 | PDDDX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | PDDDX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PDDDX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | PDDDX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | PDDDX vs DRILX |
Top Performing PDDDX Alternatives (YTD)
PDDDX is at 5.76% YTD. There are 539 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 | PDDDX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | PDDDX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | PDDDX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | PDDDX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | PDDDX vs FFBQX |
Lowest Volatility Alternatives to PDDDX
PDDDX has 4.87% 1-year volatility. There are 47 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 | PDDDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | PDDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | PDDDX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | PDDDX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.15% | — | Aug 2007 | PDDDX vs FRQAX |
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 | 18 | 9.23% | — | Nov 1995 | PDDDX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 75 | 1.85% | — | Oct 2011 | PDDDX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 28 | 0.68% | — | Dec 2010 | PDDDX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 64 | 1.15% | — | Dec 2013 | PDDDX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 27 | 0.72% | — | Jan 1997 | PDDDX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 94 | 2.29% | — | Mar 2011 | PDDDX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 70 | 1.50% | — | Oct 2012 | PDDDX vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 72 | 1.69% | — | Jan 1990 | PDDDX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 9 | 13.56% | — | Jun 2012 | PDDDX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 40 | 11.50% | — | Jan 1990 | PDDDX vs PGOAX |
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