HYSZX vs. CHIAX
Compare and contrast key facts about PGIM Short Duration High Yield Income Fund (HYSZX) and Credit Suisse Floating Rate High Income Fund (CHIAX).
HYSZX is managed by PGIM Investments. It was launched on Oct 26, 2012. CHIAX is managed by Credit Suisse (New York, NY). It was launched on Mar 7, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYSZX or CHIAX.
Correlation
The correlation between HYSZX and CHIAX is 0.51, 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.
Performance
HYSZX vs. CHIAX - Performance Comparison
Key characteristics
HYSZX:
2.08
CHIAX:
2.73
HYSZX:
3.65
CHIAX:
6.93
HYSZX:
1.50
CHIAX:
2.56
HYSZX:
3.58
CHIAX:
12.51
HYSZX:
12.01
CHIAX:
36.47
HYSZX:
0.54%
CHIAX:
0.22%
HYSZX:
3.09%
CHIAX:
2.87%
HYSZX:
-18.31%
CHIAX:
-39.31%
HYSZX:
-1.23%
CHIAX:
-0.31%
Returns By Period
In the year-to-date period, HYSZX achieves a 5.73% return, which is significantly lower than CHIAX's 7.85% return. Over the past 10 years, HYSZX has outperformed CHIAX with an annualized return of 4.83%, while CHIAX has yielded a comparatively lower 4.57% annualized return.
HYSZX
5.73%
-0.59%
3.54%
6.69%
4.32%
4.83%
CHIAX
7.85%
-0.16%
3.37%
7.85%
5.00%
4.57%
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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 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.
Dividends
HYSZX vs. CHIAX - Dividend Comparison
HYSZX's dividend yield for the trailing twelve months is around 5.95%, less than CHIAX's 8.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYSZX PGIM Short Duration High Yield Income Fund | 5.95% | 6.42% | 6.15% | 5.01% | 5.00% | 5.53% | 5.95% | 5.73% | 6.13% | 6.76% | 6.22% | 6.01% |
CHIAX Credit Suisse Floating Rate High Income Fund | 8.18% | 8.74% | 5.22% | 3.39% | 4.20% | 4.95% | 4.39% | 3.82% | 4.49% | 4.28% | 3.93% | 4.09% |
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.
Volatility
HYSZX vs. CHIAX - Volatility Comparison
PGIM Short Duration High Yield Income Fund (HYSZX) has a higher volatility of 0.57% compared to Credit Suisse Floating Rate High Income Fund (CHIAX) at 0.28%. 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.