FORTX vs. PALDX

Last updated Jun 4, 2026

FORTX (Abraham Fortress Fund) and PALDX (PGIM 60/40 Allocation Fund) are both Diversified Portfolio funds. Over the past 3 years, FORTX returned 11.41%/yr vs 17.10%/yr for PALDX. A 0.75 correlation means they provide meaningful diversification when combined. FORTX charges 0.75%/yr vs 0.03%/yr for PALDX.

Performance

FORTX vs. PALDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abraham Fortress Fund (FORTX) and PGIM 60/40 Allocation Fund (PALDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FORTX achieves a 13.97% return, which is significantly higher than PALDX's 7.89% return.

FORTX

• 1D: 0.16%
• 1M: 2.03%
• YTD: 13.97%
• 6M: 14.30%
• 1Y: 29.23%
• 3Y*: 11.41%
• 5Y*: —
• 10Y*: —

PALDX

• 1D: 0.00%
• 1M: 3.48%
• YTD: 7.89%
• 6M: 8.39%
• 1Y: 20.92%
• 3Y*: 17.10%
• 5Y*: 9.57%
• 10Y*: —

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

FORTX vs. PALDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FORTX Abraham Fortress Fund	13.97%	9.40%	7.45%	10.51%	-6.32%	1.81%
PALDX PGIM 60/40 Allocation Fund	7.89%	13.62%	18.96%	18.90%	-15.65%	4.16%

Correlation

The correlation between FORTX and PALDX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (All Time) Calculated using the full available price history since Oct 15, 2021	0.75

The correlation between FORTX and PALDX shifts across timeframes, from 0.59 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FORTX vs. PALDX — Risk / Return Rank

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

FORTX

FORTX Risk / Return Rank: 89
FORTX Sharpe Ratio Rank: 90
FORTX Sortino Ratio Rank: 88
FORTX Omega Ratio Rank: 82
FORTX Calmar Ratio Rank: 94
FORTX Martin Ratio Rank: 91

PALDX

PALDX Risk / Return Rank: 83
PALDX Sharpe Ratio Rank: 84
PALDX Sortino Ratio Rank: 83
PALDX Omega Ratio Rank: 79
PALDX Calmar Ratio Rank: 80
PALDX Martin Ratio Rank: 88

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.

FORTX vs. PALDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abraham Fortress Fund (FORTX) and PGIM 60/40 Allocation Fund (PALDX). 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.

	FORTX	PALDX	Difference
Sharpe ratio: Return per unit of total volatility	3.02	2.73	+0.29
Sortino ratio: Return per unit of downside risk	4.23	3.92	+0.31
Omega ratio: Gain probability vs. loss probability	1.54	1.52	+0.03
Calmar ratio: Return relative to maximum drawdown	5.40	3.62	+1.79
Martin ratio: Return relative to average drawdown	18.61	17.16	+1.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FORTX vs. PALDX - Sharpe Ratio Comparison

The current FORTX Sharpe Ratio is 3.02, which is comparable to the PALDX Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of FORTX and PALDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FORTX	PALDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.02	2.73	+0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.81	+0.02

Drawdowns

FORTX vs. PALDX - Drawdown Comparison

The maximum FORTX drawdown since its inception was -13.77%, smaller than the maximum PALDX drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for FORTX and PALDX.

Drawdown Indicators

	FORTX	PALDX	Difference
Max Drawdown Largest peak-to-trough decline	-13.77%	-26.16%	+12.39%
Max Drawdown (1Y) Largest decline over 1 year	-5.51%	-5.96%	+0.45%
Max Drawdown (3Y) Largest decline over 3 years	-13.77%	-16.06%	+2.29%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.47%	—
Current Drawdown Current decline from peak	-0.24%	0.00%	-0.24%
Average Drawdown Average peak-to-trough decline	-3.21%	-4.09%	+0.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.59%	1.25%	+0.34%

Volatility

FORTX vs. PALDX - Volatility Comparison

Abraham Fortress Fund (FORTX) and PGIM 60/40 Allocation Fund (PALDX) have volatilities of 2.21% and 2.30%, 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

	FORTX	PALDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.21%	2.30%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	7.48%	6.18%	+1.30%
Volatility (1Y) Calculated over the trailing 1-year period	9.84%	7.89%	+1.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.42%	12.11%	-2.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.42%	12.69%	-3.27%

FORTX vs. PALDX - Expense Ratio Comparison

FORTX has a 0.75% expense ratio, which is higher than PALDX's 0.03% expense ratio.

Dividends

FORTX vs. PALDX - Dividend Comparison

FORTX's dividend yield for the trailing twelve months is around 1.46%, less than PALDX's 5.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FORTX Abraham Fortress Fund	1.46%	1.66%	0.00%	1.93%	7.76%	1.61%	0.00%	0.00%	0.00%	0.00%
PALDX PGIM 60/40 Allocation Fund	5.02%	5.42%	10.40%	2.94%	6.19%	6.87%	2.58%	4.58%	3.65%	1.48%

Frequently Asked Questions

Can I hold both FORTX and PALDX in my portfolio?

FORTX and PALDX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FORTX or PALDX?

PALDX has higher volatility (2.30%) compared to FORTX (2.21%). In terms of maximum drawdown, FORTX dropped -13.77% vs PALDX's -26.16%.

Which has better risk-adjusted returns?

FORTX currently has the higher Sharpe Ratio (3.02 vs 2.73), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.