HYSZX vs. FLRT
Compare and contrast key facts about PGIM Short Duration High Yield Income Fund (HYSZX) and Pacific Global Senior Loan ETF (FLRT).
HYSZX is managed by PGIM Investments. It was launched on Oct 26, 2012. FLRT is an actively managed fund by Pacific Life. It was launched on Feb 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYSZX or FLRT.
Key characteristics
| HYSZX | FLRT | |
|---|---|---|
| YTD Return | 6.87% | 8.01% |
| 1Y Return | 12.50% | 11.47% |
| 3Y Return (Ann) | 4.14% | 6.50% |
| 5Y Return (Ann) | 4.86% | 5.39% |
| Sharpe Ratio | 3.72 | 8.14 |
| Sortino Ratio | 7.25 | 14.22 |
| Omega Ratio | 2.05 | 4.03 |
| Calmar Ratio | 7.03 | 22.28 |
| Martin Ratio | 25.39 | 110.79 |
| Ulcer Index | 0.50% | 0.10% |
| Daily Std Dev | 3.40% | 1.42% |
| Max Drawdown | -18.31% | -20.96% |
| Current Drawdown | -0.17% | 0.00% |
Correlation
The correlation between HYSZX and FLRT is 0.23, 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. FLRT - Performance Comparison
In the year-to-date period, HYSZX achieves a 6.87% return, which is significantly lower than FLRT's 8.01% 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. FLRT - Expense Ratio Comparison
HYSZX has a 0.75% expense ratio, which is higher than FLRT's 0.69% expense ratio.
Risk-Adjusted Performance
HYSZX vs. FLRT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration High Yield Income Fund (HYSZX) and Pacific Global Senior Loan ETF (FLRT). 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. FLRT - Dividend Comparison
HYSZX's dividend yield for the trailing twelve months is around 6.69%, less than FLRT's 8.26% 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% |
FLRT Pacific Global Senior Loan ETF | 8.26% | 8.42% | 5.81% | 3.16% | 3.51% | 4.31% | 3.95% | 3.20% | 3.38% | 3.21% | 0.00% | 0.00% |
Drawdowns
HYSZX vs. FLRT - Drawdown Comparison
The maximum HYSZX drawdown since its inception was -18.31%, smaller than the maximum FLRT drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for HYSZX and FLRT. For additional features, visit the drawdowns tool.
Volatility
HYSZX vs. FLRT - Volatility Comparison
PGIM Short Duration High Yield Income Fund (HYSZX) has a higher volatility of 0.62% compared to Pacific Global Senior Loan ETF (FLRT) at 0.22%. This indicates that HYSZX's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.