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 2060 Fund | 0.01% | — | Feb 2013 | PDHJX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDHJX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PDHJX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PDHJX vs LTIUX | |
| 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 76. There are 15 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 | PDHJX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | PDHJX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PDHJX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | PDHJX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | PDHJX vs URTRX |
Top Performing PDHJX Alternatives (YTD)
PDHJX is at 9.82% YTD. There are 236 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 | PDHJX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | PDHJX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | PDHJX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | PDHJX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | PDHJX vs FDFPX |
Lowest Volatility Alternatives to PDHJX
PDHJX has 10.13% 1-year volatility. There are 287 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 | PDHJX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | PDHJX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | PDHJX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | PDHJX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | PDHJX vs DRIQX |
Lowest Drawdown Alternatives to PDHJX
PDHJX has a 1-year max drawdown of -7.23%. There are 281 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PDHJX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDHJX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PDHJX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | PDHJX 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 | 11 | 2.54% | — | Nov 1995 | PDHJX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 65 | 1.16% | — | Oct 2011 | PDHJX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 26 | -0.45% | — | Dec 2010 | PDHJX vs PTRQX | |
| PGIM Floating Rate Income Fund | Bank Loan | 97 | 2.71% | — | Mar 2011 | PDHJX vs FRFZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 24 | -0.50% | — | Jan 1997 | PDHJX vs PDBZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 76 | 6.54% | — | Sep 2017 | PDHJX vs PALDX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 63 | 0.95% | — | Dec 2013 | PDHJX vs SDMZX | |
| PGIM High Yield Fund | High Yield Bonds | 63 | 0.98% | — | Jan 1990 | PDHJX vs PBHAX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 67 | 1.05% | — | Oct 2012 | PDHJX vs HYSZX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 7 | 2.22% | — | Jun 2012 | PDHJX vs PWJZX |
Often Compared With PDHJX
Investors most often compare PDHJX with PGOAX, FRAMX, FFSFX. 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