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HYSZX vs. CHIAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYSZX and CHIAX is 0.21, 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

HYSZX vs. CHIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Short Duration High Yield Income Fund (HYSZX) and Credit Suisse Floating Rate High Income Fund (CHIAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HYSZX:

2.58

CHIAX:

1.87

Sortino Ratio

HYSZX:

4.14

CHIAX:

3.51

Omega Ratio

HYSZX:

1.70

CHIAX:

1.68

Calmar Ratio

HYSZX:

3.08

CHIAX:

2.28

Martin Ratio

HYSZX:

13.43

CHIAX:

9.64

Ulcer Index

HYSZX:

0.64%

CHIAX:

0.61%

Daily Std Dev

HYSZX:

3.24%

CHIAX:

3.11%

Max Drawdown

HYSZX:

-18.31%

CHIAX:

-39.31%

Current Drawdown

HYSZX:

-0.00%

CHIAX:

-0.18%

Returns By Period

In the year-to-date period, HYSZX achieves a 2.51% return, which is significantly higher than CHIAX's 0.59% return. Over the past 10 years, HYSZX has outperformed CHIAX with an annualized return of 4.76%, while CHIAX has yielded a comparatively lower 4.37% annualized return.


HYSZX

YTD

2.51%

1M

2.36%

6M

2.92%

1Y

8.29%

5Y*

6.71%

10Y*

4.76%

CHIAX

YTD

0.59%

1M

1.77%

6M

2.25%

1Y

5.83%

5Y*

7.64%

10Y*

4.37%

*Annualized

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HYSZX vs. CHIAX - Expense Ratio Comparison

HYSZX has a 0.75% expense ratio, which is lower than CHIAX's 0.95% expense ratio.


Risk-Adjusted Performance

HYSZX vs. CHIAX — Risk-Adjusted Performance Rank

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

HYSZX
The Risk-Adjusted Performance Rank of HYSZX is 9696
Overall Rank
The Sharpe Ratio Rank of HYSZX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of HYSZX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of HYSZX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of HYSZX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of HYSZX is 9696
Martin Ratio Rank

CHIAX
The Risk-Adjusted Performance Rank of CHIAX is 9494
Overall Rank
The Sharpe Ratio Rank of CHIAX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of CHIAX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of CHIAX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of CHIAX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of CHIAX is 9393
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.

HYSZX vs. CHIAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration High Yield Income Fund (HYSZX) and Credit Suisse Floating Rate High Income Fund (CHIAX). 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 HYSZX Sharpe Ratio is 2.58, which is higher than the CHIAX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of HYSZX and CHIAX, 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

HYSZX vs. CHIAX - Dividend Comparison

HYSZX's dividend yield for the trailing twelve months is around 6.63%, less than CHIAX's 8.31% yield.


TTM20242023202220212020201920182017201620152014
HYSZX
PGIM Short Duration High Yield Income Fund
6.63%6.77%6.42%6.15%5.01%5.00%5.53%5.95%5.73%6.13%6.76%6.22%
CHIAX
Credit Suisse Floating Rate High Income Fund
8.31%8.74%8.74%5.22%3.39%4.20%4.95%4.39%3.82%4.49%4.28%3.93%

Drawdowns

HYSZX vs. CHIAX - Drawdown Comparison

The maximum HYSZX drawdown since its inception was -18.31%, smaller than the maximum CHIAX drawdown of -39.31%. Use the drawdown chart below to compare losses from any high point for HYSZX and CHIAX. For additional features, visit the drawdowns tool.


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Volatility

HYSZX vs. CHIAX - Volatility Comparison

PGIM Short Duration High Yield Income Fund (HYSZX) has a higher volatility of 0.86% compared to Credit Suisse Floating Rate High Income Fund (CHIAX) at 0.79%. This indicates that HYSZX's price experiences larger fluctuations and is considered to be riskier than CHIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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