BRASX vs. PBSMX
Compare and contrast key facts about BlackRock Allocation Target Shares Series S Portfolio (BRASX) and PGIM Short-Term Corporate Bond Fund (PBSMX).
BRASX is managed by Blackrock. It was launched on Sep 30, 2004. PBSMX is managed by PGIM Investments. It was launched on Sep 1, 1989.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRASX or PBSMX.
Key characteristics
| BRASX | PBSMX | |
|---|---|---|
| YTD Return | 0.47% | 0.42% |
| 1Y Return | 3.96% | 3.95% |
| 3Y Return (Ann) | 0.62% | -0.14% |
| 5Y Return (Ann) | 1.99% | 1.63% |
| 10Y Return (Ann) | 2.06% | 1.66% |
| Sharpe Ratio | 1.72 | 1.32 |
| Daily Std Dev | 2.44% | 3.15% |
| Max Drawdown | -10.61% | -10.36% |
| Current Drawdown | -0.44% | -1.09% |
Correlation
The correlation between BRASX and PBSMX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BRASX vs. PBSMX - Performance Comparison
In the year-to-date period, BRASX achieves a 0.47% return, which is significantly higher than PBSMX's 0.42% return. Over the past 10 years, BRASX has outperformed PBSMX with an annualized return of 2.06%, while PBSMX has yielded a comparatively lower 1.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BRASX vs. PBSMX - Expense Ratio Comparison
BRASX has a 0.00% expense ratio, which is lower than PBSMX's 0.71% expense ratio.
Risk-Adjusted Performance
BRASX vs. PBSMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Allocation Target Shares Series S Portfolio (BRASX) and PGIM Short-Term Corporate Bond Fund (PBSMX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BRASX vs. PBSMX - Dividend Comparison
BRASX's dividend yield for the trailing twelve months is around 3.97%, more than PBSMX's 3.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRASX BlackRock Allocation Target Shares Series S Portfolio | 3.97% | 4.03% | 2.85% | 1.60% | 2.64% | 3.07% | 2.24% | 2.88% | 3.36% | 3.26% | 1.78% | 0.64% |
PBSMX PGIM Short-Term Corporate Bond Fund | 3.45% | 3.23% | 2.42% | 1.95% | 2.21% | 2.58% | 2.57% | 2.46% | 2.41% | 2.55% | 2.72% | 2.68% |
Drawdowns
BRASX vs. PBSMX - Drawdown Comparison
The maximum BRASX drawdown since its inception was -10.61%, roughly equal to the maximum PBSMX drawdown of -10.36%. Use the drawdown chart below to compare losses from any high point for BRASX and PBSMX. For additional features, visit the drawdowns tool.
Volatility
BRASX vs. PBSMX - Volatility Comparison
The current volatility for BlackRock Allocation Target Shares Series S Portfolio (BRASX) is 0.51%, while PGIM Short-Term Corporate Bond Fund (PBSMX) has a volatility of 1.04%. This indicates that BRASX experiences smaller price fluctuations and is considered to be less risky than PBSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.