HYSZX vs. HYS
Compare and contrast key facts about PGIM Short Duration High Yield Income Fund (HYSZX) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS).
HYSZX is managed by PGIM Investments. It was launched on Oct 26, 2012. HYS is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US High Yield Constrained (0-5 Y). It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYSZX or HYS.
Correlation
The correlation between HYSZX and HYS is 0.38, 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. HYS - Performance Comparison
Loading data...
Key characteristics
HYSZX:
2.58
HYS:
1.52
HYSZX:
4.14
HYS:
2.22
HYSZX:
1.70
HYS:
1.34
HYSZX:
3.08
HYS:
1.78
HYSZX:
13.43
HYS:
9.54
HYSZX:
0.64%
HYS:
0.93%
HYSZX:
3.24%
HYS:
5.71%
HYSZX:
-18.31%
HYS:
-20.91%
HYSZX:
-0.00%
HYS:
-0.30%
Returns By Period
In the year-to-date period, HYSZX achieves a 2.51% return, which is significantly higher than HYS's 2.37% return. Both investments have delivered pretty close results over the past 10 years, with HYSZX having a 4.76% annualized return and HYS not far behind at 4.72%.
HYSZX
2.51%
2.11%
2.92%
8.42%
6.61%
4.76%
HYS
2.37%
2.33%
2.91%
8.70%
7.40%
4.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HYSZX vs. HYS - Expense Ratio Comparison
HYSZX has a 0.75% expense ratio, which is higher than HYS's 0.56% expense ratio.
Risk-Adjusted Performance
HYSZX vs. HYS — Risk-Adjusted Performance Rank
HYSZX
HYS
HYSZX vs. HYS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration High Yield Income Fund (HYSZX) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). 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.
Loading data...
Dividends
HYSZX vs. HYS - Dividend Comparison
HYSZX's dividend yield for the trailing twelve months is around 6.63%, less than HYS's 7.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 7.42% | 7.43% | 7.58% | 5.01% | 3.74% | 4.52% | 4.98% | 4.97% | 5.01% | 5.13% | 5.22% | 5.42% |
Drawdowns
HYSZX vs. HYS - Drawdown Comparison
The maximum HYSZX drawdown since its inception was -18.31%, smaller than the maximum HYS drawdown of -20.91%. Use the drawdown chart below to compare losses from any high point for HYSZX and HYS. For additional features, visit the drawdowns tool.
Loading data...
Volatility
HYSZX vs. HYS - Volatility Comparison
The current volatility for PGIM Short Duration High Yield Income Fund (HYSZX) is 0.86%, while PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a volatility of 1.82%. This indicates that HYSZX experiences smaller price fluctuations and is considered to be less risky than HYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...