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GTRAX vs. OTPIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GTRAX and OTPIX is 0.05, 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

GTRAX vs. OTPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Global Total Return Fund (GTRAX) and ProFunds NASDAQ-100 Fund (OTPIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GTRAX:

1.15

OTPIX:

0.51

Sortino Ratio

GTRAX:

1.63

OTPIX:

0.90

Omega Ratio

GTRAX:

1.21

OTPIX:

1.12

Calmar Ratio

GTRAX:

0.29

OTPIX:

0.58

Martin Ratio

GTRAX:

2.25

OTPIX:

1.85

Ulcer Index

GTRAX:

2.76%

OTPIX:

7.21%

Daily Std Dev

GTRAX:

5.66%

OTPIX:

25.56%

Max Drawdown

GTRAX:

-33.05%

OTPIX:

-72.58%

Current Drawdown

GTRAX:

-16.23%

OTPIX:

-6.64%

Returns By Period

In the year-to-date period, GTRAX achieves a 4.64% return, which is significantly higher than OTPIX's -1.65% return. Over the past 10 years, GTRAX has underperformed OTPIX with an annualized return of 1.14%, while OTPIX has yielded a comparatively higher 14.54% annualized return.


GTRAX

YTD

4.64%

1M

0.39%

6M

2.91%

1Y

6.42%

5Y*

-0.74%

10Y*

1.14%

OTPIX

YTD

-1.65%

1M

11.52%

6M

-2.25%

1Y

12.83%

5Y*

15.58%

10Y*

14.54%

*Annualized

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GTRAX vs. OTPIX - Expense Ratio Comparison

GTRAX has a 0.88% expense ratio, which is lower than OTPIX's 1.48% expense ratio.


Risk-Adjusted Performance

GTRAX vs. OTPIX — Risk-Adjusted Performance Rank

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

GTRAX
The Risk-Adjusted Performance Rank of GTRAX is 7070
Overall Rank
The Sharpe Ratio Rank of GTRAX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of GTRAX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of GTRAX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of GTRAX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of GTRAX is 6060
Martin Ratio Rank

OTPIX
The Risk-Adjusted Performance Rank of OTPIX is 5656
Overall Rank
The Sharpe Ratio Rank of OTPIX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of OTPIX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of OTPIX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of OTPIX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of OTPIX is 5353
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GTRAX vs. OTPIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Global Total Return Fund (GTRAX) and ProFunds NASDAQ-100 Fund (OTPIX). 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.


The current GTRAX Sharpe Ratio is 1.15, which is higher than the OTPIX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of GTRAX and OTPIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GTRAX vs. OTPIX - Dividend Comparison

GTRAX's dividend yield for the trailing twelve months is around 4.03%, more than OTPIX's 0.77% yield.


TTM20242023202220212020201920182017201620152014
GTRAX
PGIM Global Total Return Fund
4.03%4.39%3.68%3.88%3.29%3.62%3.38%3.42%3.18%3.73%3.55%4.26%
OTPIX
ProFunds NASDAQ-100 Fund
0.77%0.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

GTRAX vs. OTPIX - Drawdown Comparison

The maximum GTRAX drawdown since its inception was -33.05%, smaller than the maximum OTPIX drawdown of -72.58%. Use the drawdown chart below to compare losses from any high point for GTRAX and OTPIX. For additional features, visit the drawdowns tool.


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Volatility

GTRAX vs. OTPIX - Volatility Comparison

The current volatility for PGIM Global Total Return Fund (GTRAX) is 1.81%, while ProFunds NASDAQ-100 Fund (OTPIX) has a volatility of 7.62%. This indicates that GTRAX experiences smaller price fluctuations and is considered to be less risky than OTPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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