Prudential Day One 2040 Fund (PDHJX) 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 PDHJX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDHJX
PDHJX charges 0.00% annually. No mutual funds in the Target Retirement Date category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | PDHJX vs PTDIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PDHJX vs PLTZX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | PDHJX vs FCQTX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PDHJX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PDHJX vs PMTIX |
Best Risk-Adjusted Alternatives to PDHJX
PDHJX has a PortfoliosLab risk / return rank of 71. There are 216 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 | PDHJX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | PDHJX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | PDHJX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | PDHJX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | PDHJX vs FRAMX |
Top Performing PDHJX Alternatives (YTD)
PDHJX is at 10.13% YTD. There are 286 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 | PDHJX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PDHJX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PDHJX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PDHJX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 15.07% | — | Jun 2019 | PDHJX vs FFSZX |
Lowest Volatility Alternatives to PDHJX
PDHJX has 9.82% 1-year volatility. There are 310 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.56% | — | Nov 2015 | PDHJX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PDHJX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.29% | — | Oct 2009 | PDHJX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.31% | — | Oct 2009 | PDHJX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | PDHJX vs FRIMX |
Lowest Drawdown Alternatives to PDHJX
PDHJX has a 1-year max drawdown of -7.23%. There are 308 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 | PDHJX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PDHJX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDHJX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PDHJX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PDHJX 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 | 14 | 5.71% | — | Nov 1995 | PDHJX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 72 | 1.85% | — | Oct 2011 | PDHJX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 27 | 0.68% | — | Dec 2010 | PDHJX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 53 | 0.92% | — | Dec 2013 | PDHJX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 26 | 0.72% | — | Jan 1997 | PDHJX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 96 | 2.29% | — | Mar 2011 | PDHJX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 68 | 1.37% | — | Oct 2012 | PDHJX vs HYSZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 81 | 7.39% | — | Sep 2017 | PDHJX vs PALDX | |
| PGIM High Yield Fund | High Yield Bonds | 65 | 1.48% | — | Jan 1990 | PDHJX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 15 | 18.38% | — | Jun 2012 | PDHJX vs PWJZX |
Often Compared With PDHJX
Investors most often compare PDHJX with FFSFX, PGOAX, FCTKX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PDHJX with Any Fund or Stock
Compare PDHJX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDHJX with funds that move differently
Prudential Day One 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDHJX.
Explore PDHJX Diversifiers