GTRAX vs. OTPIX
Compare and contrast key facts about PGIM Global Total Return Fund (GTRAX) and ProFunds NASDAQ-100 Fund (OTPIX).
GTRAX is managed by PGIM Investments. It was launched on Jul 6, 1986. OTPIX is managed by ProFunds. It was launched on Aug 7, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GTRAX or OTPIX.
Key characteristics
| GTRAX | OTPIX | |
|---|---|---|
| YTD Return | 1.08% | 22.71% |
| 1Y Return | 8.08% | 30.36% |
| 3Y Return (Ann) | -4.71% | 6.21% |
| 5Y Return (Ann) | -2.56% | 17.27% |
| 10Y Return (Ann) | 0.64% | 15.23% |
| Sharpe Ratio | 1.35 | 1.75 |
| Sortino Ratio | 1.95 | 2.35 |
| Omega Ratio | 1.25 | 1.32 |
| Calmar Ratio | 0.30 | 2.22 |
| Martin Ratio | 4.70 | 7.86 |
| Ulcer Index | 1.62% | 3.87% |
| Daily Std Dev | 5.67% | 17.42% |
| Max Drawdown | -33.05% | -72.58% |
| Current Drawdown | -19.23% | -1.06% |
Correlation
The correlation between GTRAX and OTPIX is 0.04, 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
In the year-to-date period, GTRAX achieves a 1.08% return, which is significantly lower than OTPIX's 22.71% return. Over the past 10 years, GTRAX has underperformed OTPIX with an annualized return of 0.64%, while OTPIX has yielded a comparatively higher 15.23% 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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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 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.
Dividends
GTRAX vs. OTPIX - Dividend Comparison
GTRAX's dividend yield for the trailing twelve months is around 3.39%, while OTPIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GTRAX PGIM Global Total Return Fund | 3.39% | 3.68% | 3.88% | 3.29% | 3.62% | 3.38% | 3.42% | 3.18% | 3.73% | 3.55% | 4.26% | 4.34% |
OTPIX ProFunds NASDAQ-100 Fund | 0.00% | 0.00% | 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.
Volatility
GTRAX vs. OTPIX - Volatility Comparison
The current volatility for PGIM Global Total Return Fund (GTRAX) is 1.89%, while ProFunds NASDAQ-100 Fund (OTPIX) has a volatility of 4.97%. 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.