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Prudential Day One 2020 Fund (PDDDX) Sharpe Ratio: 2.70

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks a balance between growth and conservation of capital. The fund pursues its objective by investing in a diversified portfolio of other mutual funds within the PGIM fund family (collectively, "underlying funds") that represent various asset classes and sectors. It will invest in underlying funds that provide exposure to equity, fixed income and non-traditional asset classes. The fund is designed for investors expecting to retire in or close to the year 2020 (the "target date").

PDDDX's Sharpe Ratio of 2.70 indicates that for each unit of volatility, it generates 2.70 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

PDDDX Sharpe Ratio Rank

PDDDX Sharpe Ratio Rank: 83.784
Exceptional

PDDDX ranks above 83.7% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

PDDDX Sharpe Ratio Market Positioning

The chart shows PDDDX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.65+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Prudential Day One 2020 Fund's Sharpe Ratio with other mutual funds in the Target Retirement Date category across multiple time periods, showing how PDDDX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
PADLXPutnam Retirement Advantage Maturity Fund3.10
SSFNXState Street Target Retirement Fund3.00
SSBRXState Street Target Retirement 2025 Fund2.92
PDAHXPrudential Day One Income Fund2.92
DTDRXDimensional 2065 Target Date Retirement Income Fund2.88
DRILXDimensional 2060 Target Date Retirement Income Fund2.88
DRIKXDimensional 2055 Target Date Retirement Income Fund2.83
TDIFXDimensional Retirement Income Fund2.82
IRSOXVoya Target Retirement 2040 Fund2.77
DRIJXDimensional 2050 Target Date Retirement Income Fund2.76
PDDDXPrudential Day One 2020 Fund2.70

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows PDDDX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PDDDX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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