FHSNX vs. PUDZX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Health Savings Index Fund (FHSNX) and PGIM Real Assets Fund (PUDZX).

FHSNX is managed by Fidelity. It was launched on Mar 2, 2020. PUDZX is managed by PGIM. It was launched on Dec 29, 2010.

Performance

FHSNX vs. PUDZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Health Savings Index Fund (FHSNX) and PGIM Real Assets Fund (PUDZX). The values are adjusted to include any dividend payments, if applicable.

FHSNX vs. PUDZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FHSNX Fidelity Health Savings Index Fund	0.26%	12.26%	7.18%	9.32%	-15.16%	5.16%	20.21%
PUDZX PGIM Real Assets Fund	10.18%	13.40%	8.61%	3.26%	-2.76%	18.49%	19.16%

Returns By Period

In the year-to-date period, FHSNX achieves a 0.26% return, which is significantly lower than PUDZX's 10.18% return.

FHSNX

• 1D: 1.11%
• 1M: -2.74%
• YTD: 0.26%
• 6M: 1.91%
• 1Y: 10.61%
• 3Y*: 8.25%
• 5Y*: 3.42%
• 10Y*: —

PUDZX

• 1D: 0.86%
• 1M: -1.59%
• YTD: 10.18%
• 6M: 12.08%
• 1Y: 19.34%
• 3Y*: 11.86%
• 5Y*: 9.21%
• 10Y*: 7.01%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FHSNX vs. PUDZX - Expense Ratio Comparison

FHSNX has a 0.20% expense ratio, which is lower than PUDZX's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

PUDZX

PGIM Real Assets Fund

FHSNX

Fidelity Health Savings Index Fund

Return for Risk

FHSNX vs. PUDZX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHSNX

FHSNX Risk / Return Rank: 85
FHSNX Sharpe Ratio Rank: 85
FHSNX Sortino Ratio Rank: 86
FHSNX Omega Ratio Rank: 84
FHSNX Calmar Ratio Rank: 85
FHSNX Martin Ratio Rank: 88

PUDZX

PUDZX Risk / Return Rank: 90
PUDZX Sharpe Ratio Rank: 91
PUDZX Sortino Ratio Rank: 90
PUDZX Omega Ratio Rank: 89
PUDZX Calmar Ratio Rank: 87
PUDZX Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHSNX vs. PUDZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Health Savings Index Fund (FHSNX) and PGIM Real Assets Fund (PUDZX). 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.

	FHSNX	PUDZX	Difference
Sharpe ratio Return per unit of total volatility	1.68	2.04	-0.36
Sortino ratio Return per unit of downside risk	2.37	2.65	-0.27
Omega ratio Gain probability vs. loss probability	1.35	1.41	-0.05
Calmar ratio Return relative to maximum drawdown	2.25	2.45	-0.20
Martin ratio Return relative to average drawdown	9.80	13.65	-3.85
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FHSNX vs. PUDZX - Sharpe Ratio Comparison

The current FHSNX Sharpe Ratio is 1.68, which is comparable to the PUDZX Sharpe Ratio of 2.04. The chart below compares the historical Sharpe Ratios of FHSNX and PUDZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FHSNX	PUDZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	2.04	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.50	0.87	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	0.52	+0.28

Correlation

The correlation between FHSNX and PUDZX is 0.65, 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.

Dividends

FHSNX vs. PUDZX - Dividend Comparison

FHSNX's dividend yield for the trailing twelve months is around 2.96%, less than PUDZX's 8.10% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHSNX Fidelity Health Savings Index Fund	2.96%	2.93%	3.06%	3.01%	3.71%	2.57%	1.62%	0.00%	0.00%	0.00%	0.00%	0.00%
PUDZX PGIM Real Assets Fund	8.10%	8.93%	6.67%	3.66%	9.10%	13.00%	4.94%	3.40%	2.14%	2.10%	1.39%	1.72%

Drawdowns

FHSNX vs. PUDZX - Drawdown Comparison

The maximum FHSNX drawdown since its inception was -19.53%, smaller than the maximum PUDZX drawdown of -21.53%. Use the drawdown chart below to compare losses from any high point for FHSNX and PUDZX.

Drawdown Indicators

	FHSNX	PUDZX	Difference
Max Drawdown Largest peak-to-trough decline	-19.53%	-21.53%	+2.00%
Max Drawdown (1Y) Largest decline over 1 year	-4.81%	-8.20%	+3.39%
Max Drawdown (5Y) Largest decline over 5 years	-19.53%	-17.98%	-1.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.53%	—
Current Drawdown Current decline from peak	-3.17%	-1.59%	-1.58%
Average Drawdown Average peak-to-trough decline	-4.97%	-5.31%	+0.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.11%	1.47%	-0.36%

Volatility

FHSNX vs. PUDZX - Volatility Comparison

Fidelity Health Savings Index Fund (FHSNX) and PGIM Real Assets Fund (PUDZX) have volatilities of 2.78% and 2.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHSNX	PUDZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	2.71%	+0.07%
Volatility (6M) Calculated over the trailing 6-month period	4.10%	6.29%	-2.19%
Volatility (1Y) Calculated over the trailing 1-year period	6.48%	9.72%	-3.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.95%	10.59%	-3.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.34%	9.70%	-2.36%