DBLTX vs. PDBAX
Compare and contrast key facts about DoubleLine Total Return Bond Fund Class I (DBLTX) and PGIM Total Return Bond Fund (PDBAX).
DBLTX is managed by DoubleLine. It was launched on Apr 6, 2010. PDBAX is managed by PGIM Investments. It was launched on Jan 10, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBLTX or PDBAX.
Key characteristics
| DBLTX | PDBAX | |
|---|---|---|
| YTD Return | 3.51% | 3.37% |
| 1Y Return | 10.24% | 10.67% |
| 3Y Return (Ann) | -1.75% | -2.17% |
| 5Y Return (Ann) | -0.03% | -0.43% |
| 10Y Return (Ann) | 1.60% | 1.59% |
| Sharpe Ratio | 1.56 | 1.72 |
| Sortino Ratio | 2.29 | 2.50 |
| Omega Ratio | 1.28 | 1.31 |
| Calmar Ratio | 0.65 | 0.60 |
| Martin Ratio | 6.10 | 6.85 |
| Ulcer Index | 1.53% | 1.43% |
| Daily Std Dev | 5.98% | 5.70% |
| Max Drawdown | -16.49% | -20.62% |
| Current Drawdown | -5.53% | -7.27% |
Correlation
The correlation between DBLTX and PDBAX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBLTX vs. PDBAX - Performance Comparison
The year-to-date returns for both stocks are quite close, with DBLTX having a 3.51% return and PDBAX slightly lower at 3.37%. Both investments have delivered pretty close results over the past 10 years, with DBLTX having a 1.60% annualized return and PDBAX not far behind at 1.59%. 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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DBLTX vs. PDBAX - Expense Ratio Comparison
DBLTX has a 0.50% expense ratio, which is lower than PDBAX's 0.76% expense ratio.
Risk-Adjusted Performance
DBLTX vs. PDBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DoubleLine Total Return Bond Fund Class I (DBLTX) and PGIM Total Return Bond Fund (PDBAX). 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
DBLTX vs. PDBAX - Dividend Comparison
DBLTX's dividend yield for the trailing twelve months is around 4.95%, more than PDBAX's 4.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBLTX DoubleLine Total Return Bond Fund Class I | 4.95% | 4.36% | 3.84% | 3.13% | 3.39% | 3.67% | 3.74% | 3.66% | 3.72% | 4.11% | 4.77% | 5.16% |
PDBAX PGIM Total Return Bond Fund | 4.47% | 4.32% | 4.83% | 2.69% | 2.69% | 3.34% | 3.75% | 2.63% | 2.60% | 2.93% | 3.33% | 3.50% |
Drawdowns
DBLTX vs. PDBAX - Drawdown Comparison
The maximum DBLTX drawdown since its inception was -16.49%, smaller than the maximum PDBAX drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for DBLTX and PDBAX. For additional features, visit the drawdowns tool.
Volatility
DBLTX vs. PDBAX - Volatility Comparison
The current volatility for DoubleLine Total Return Bond Fund Class I (DBLTX) is 1.43%, while PGIM Total Return Bond Fund (PDBAX) has a volatility of 1.59%. This indicates that DBLTX experiences smaller price fluctuations and is considered to be less risky than PDBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.