HYSZX vs. DVYA
Compare and contrast key facts about PGIM Short Duration High Yield Income Fund (HYSZX) and iShares Asia/Pacific Dividend ETF (DVYA).
HYSZX is managed by PGIM Investments. It was launched on Oct 26, 2012. DVYA is a passively managed fund by iShares that tracks the performance of the Dow Jones Asia/Pacific Select Dividend 30 Index. It was launched on Feb 23, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYSZX or DVYA.
Key characteristics
| HYSZX | DVYA | |
|---|---|---|
| YTD Return | 6.74% | 7.91% |
| 1Y Return | 11.81% | 20.41% |
| 3Y Return (Ann) | 4.22% | 5.79% |
| 5Y Return (Ann) | 4.82% | 2.29% |
| 10Y Return (Ann) | 4.76% | 1.77% |
| Sharpe Ratio | 3.73 | 1.66 |
| Sortino Ratio | 7.26 | 2.36 |
| Omega Ratio | 2.05 | 1.28 |
| Calmar Ratio | 7.03 | 1.93 |
| Martin Ratio | 25.40 | 6.97 |
| Ulcer Index | 0.50% | 3.33% |
| Daily Std Dev | 3.39% | 14.00% |
| Max Drawdown | -18.31% | -45.62% |
| Current Drawdown | -0.28% | -6.23% |
Correlation
The correlation between HYSZX and DVYA is 0.34, 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. DVYA - Performance Comparison
In the year-to-date period, HYSZX achieves a 6.74% return, which is significantly lower than DVYA's 7.91% return. Over the past 10 years, HYSZX has outperformed DVYA with an annualized return of 4.76%, while DVYA has yielded a comparatively lower 1.77% 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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HYSZX vs. DVYA - Expense Ratio Comparison
HYSZX has a 0.75% expense ratio, which is higher than DVYA's 0.49% expense ratio.
Risk-Adjusted Performance
HYSZX vs. DVYA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration High Yield Income Fund (HYSZX) and iShares Asia/Pacific Dividend ETF (DVYA). 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. DVYA - Dividend Comparison
HYSZX's dividend yield for the trailing twelve months is around 6.69%, more than DVYA's 6.31% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYSZX PGIM Short Duration High Yield Income Fund | 6.69% | 6.42% | 6.15% | 5.01% | 5.00% | 5.53% | 5.95% | 5.73% | 6.13% | 6.76% | 6.22% | 6.01% |
DVYA iShares Asia/Pacific Dividend ETF | 6.31% | 6.48% | 7.30% | 5.81% | 3.66% | 5.52% | 6.24% | 4.74% | 4.80% | 5.33% | 5.28% | 5.63% |
Drawdowns
HYSZX vs. DVYA - Drawdown Comparison
The maximum HYSZX drawdown since its inception was -18.31%, smaller than the maximum DVYA drawdown of -45.62%. Use the drawdown chart below to compare losses from any high point for HYSZX and DVYA. For additional features, visit the drawdowns tool.
Volatility
HYSZX vs. DVYA - Volatility Comparison
The current volatility for PGIM Short Duration High Yield Income Fund (HYSZX) is 0.67%, while iShares Asia/Pacific Dividend ETF (DVYA) has a volatility of 4.33%. This indicates that HYSZX experiences smaller price fluctuations and is considered to be less risky than DVYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.