DFEQX vs. PHYQX
Compare and contrast key facts about DFA Short-Term Extended Quality Portfolio (DFEQX) and PGIM High Yield Fund Class R6 (PHYQX).
DFEQX is managed by Dimensional Fund Advisors LP. It was launched on Mar 4, 2009. PHYQX is managed by PGIM Funds (Prudential). It was launched on Oct 31, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFEQX or PHYQX.
Key characteristics
| DFEQX | PHYQX | |
|---|---|---|
| YTD Return | 4.92% | 8.20% |
| 1Y Return | 6.15% | 14.84% |
| 3Y Return (Ann) | 1.64% | 2.48% |
| 5Y Return (Ann) | 1.34% | 4.21% |
| 10Y Return (Ann) | 1.74% | 5.11% |
| Sharpe Ratio | 8.83 | 3.73 |
| Sortino Ratio | 52.68 | 6.78 |
| Omega Ratio | 33.66 | 2.03 |
| Calmar Ratio | 2.52 | 2.04 |
| Martin Ratio | 1,445.51 | 23.60 |
| Ulcer Index | 0.00% | 0.62% |
| Daily Std Dev | 0.68% | 3.91% |
| Max Drawdown | -8.40% | -21.12% |
| Current Drawdown | 0.00% | -0.43% |
Correlation
The correlation between DFEQX and PHYQX is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DFEQX vs. PHYQX - Performance Comparison
In the year-to-date period, DFEQX achieves a 4.92% return, which is significantly lower than PHYQX's 8.20% return. Over the past 10 years, DFEQX has underperformed PHYQX with an annualized return of 1.74%, while PHYQX has yielded a comparatively higher 5.11% 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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DFEQX vs. PHYQX - Expense Ratio Comparison
DFEQX has a 0.19% expense ratio, which is lower than PHYQX's 0.38% expense ratio.
Risk-Adjusted Performance
DFEQX vs. PHYQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for DFA Short-Term Extended Quality Portfolio (DFEQX) and PGIM High Yield Fund Class R6 (PHYQX). 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
DFEQX vs. PHYQX - Dividend Comparison
DFEQX's dividend yield for the trailing twelve months is around 4.31%, less than PHYQX's 7.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFEQX DFA Short-Term Extended Quality Portfolio | 4.31% | 3.34% | 1.78% | 0.91% | 0.47% | 2.18% | 3.15% | 1.90% | 1.79% | 1.58% | 1.53% | 1.45% |
PHYQX PGIM High Yield Fund Class R6 | 7.47% | 7.11% | 7.14% | 5.63% | 6.12% | 6.31% | 6.70% | 6.39% | 6.50% | 7.03% | 6.73% | 6.72% |
Drawdowns
DFEQX vs. PHYQX - Drawdown Comparison
The maximum DFEQX drawdown since its inception was -8.40%, smaller than the maximum PHYQX drawdown of -21.12%. Use the drawdown chart below to compare losses from any high point for DFEQX and PHYQX. For additional features, visit the drawdowns tool.
Volatility
DFEQX vs. PHYQX - Volatility Comparison
The current volatility for DFA Short-Term Extended Quality Portfolio (DFEQX) is 0.18%, while PGIM High Yield Fund Class R6 (PHYQX) has a volatility of 0.72%. This indicates that DFEQX experiences smaller price fluctuations and is considered to be less risky than PHYQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.