PGIM Global Total Return (USD Hedged) Fund (PHEZX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PHEZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PHEZX
PHEZX charges 0.63% annually. There are 28 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | PHEZX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PHEZX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | PHEZX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PHEZX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PHEZX vs VTIBX |
Best Risk-Adjusted Alternatives to PHEZX
PHEZX has a PortfoliosLab risk / return rank of 25. There are 17 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PHEZX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 90 | — | Dec 2008 | PHEZX vs PRSNX | |
| Eaton Vance Global Bond Fund | 88 | — | Jun 2007 | PHEZX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 77 | — | Jan 2008 | PHEZX vs DFSHX | |
| Payden Global Low Duration Fund | 75 | — | Sep 1996 | PHEZX vs PYGSX |
Top Performing PHEZX Alternatives (YTD)
PHEZX is at 0.89% YTD. There are 30 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.15%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.15% | — | Jun 2007 | PHEZX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.14% | — | Oct 2013 | PHEZX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.66% | — | Mar 2017 | PHEZX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 1.82% | — | Dec 2008 | PHEZX vs PRSNX | |
| DFA Two Year Global Fixed Income Portfolio | 1.80% | — | Feb 1996 | PHEZX vs DFGFX |
Lowest Volatility Alternatives to PHEZX
PHEZX has 3.56% 1-year volatility. There are 36 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.56% | — | Sep 1996 | PHEZX vs PYGSX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | PHEZX vs DFGFX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | PHEZX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | 1.89% | — | Nov 1990 | PHEZX vs DFGBX | |
| SA Global Fixed Income Fund | 1.98% | — | Jul 1999 | PHEZX vs SAXIX |
Lowest Drawdown Alternatives to PHEZX
PHEZX has a 1-year max drawdown of -3.49%. There are 38 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -1.19%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PHEZX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PHEZX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PHEZX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PHEZX vs DFGBX | |
| DFA Two Year Global Fixed Income Portfolio | -1.41% | — | Feb 1996 | PHEZX vs DFGFX |
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 | 2.39% | — | Nov 1995 | PHEZX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 63 | 1.42% | — | Oct 2011 | PHEZX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 24 | 0.51% | — | Dec 2010 | PHEZX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 47 | 0.81% | — | Dec 2013 | PHEZX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 23 | 0.47% | — | Jan 1997 | PHEZX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 95 | 2.18% | — | Mar 2011 | PHEZX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 65 | 1.25% | — | Oct 2012 | PHEZX vs HYSZX | |
| PGIM 60/40 Allocation Fund | Diversified Portfolio | 72 | 6.25% | — | Sep 2017 | PHEZX vs PALDX | |
| PGIM High Yield Fund | High Yield Bonds | 60 | 1.27% | — | Jan 1990 | PHEZX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 10 | 12.73% | — | Jun 2012 | PHEZX vs PWJZX |
Often Compared With PHEZX
Investors most often compare PHEZX with IUCB.L, ZUAG.TO, VTHR. These 10 comparison targets span 8 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| SPDR Bloomberg 1-10 Year US Corporate Bond UCITS E... | Corporate Bonds | 47 | 0.68% | 658.48M | Feb 2016 | PHEZX vs IUCB.L | |
| BMO US Aggregate Bond Index ETF | Global Bonds | 12 | 4.88% | — | Jan 2023 | PHEZX vs ZUAG.TO | |
| Vanguard Russell 3000 ETF | Large Cap Blend Equities | 60 | 8.68% | 6.10B | Sep 2010 | PHEZX vs VTHR | |
| Vanguard Russell 1000 Value ETF | Large Cap Value Equities | 85 | 15.48% | 21.50B | Sep 2010 | PHEZX vs VONV | |
| PIMCO US Short-Term High Yield Corporate Bond Inde... | High Yield Bonds | 62 | 3.86% | 1.61B | Mar 2012 | PHEZX vs SSHY.L | |
| Xtrackers MSCI World ex USA UCITS ETF 1C USD | Foreign Large Cap Equities | 46 | 8.11% | 6.84B | Mar 2024 | PHEZX vs EXUS.L | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 52 | 15.46% | — | Jan 1990 | PHEZX vs PGOAX | |
| Templeton Global Bond Fund - Class R | Global Bonds | 10 | 0.92% | — | Feb 2009 | PHEZX vs FGBRX | |
| Templeton Global Bond Fund | Global Bonds | 10 | 1.00% | — | Sep 1986 | PHEZX vs TPINX | |
| PGIM Jennison Global Opportunities Fund | Global Equities | 8 | 7.29% | — | Mar 2012 | PHEZX vs PRJZX |
Compare PHEZX with Any Fund or Stock
Compare PHEZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PHEZX with funds that move differently
PGIM Global Total Return (USD Hedged) Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PHEZX.
Explore PHEZX Diversifiers