ISD vs. PALDX
ISD (PGIM High Yield Bond Fund) and PALDX (PGIM 60/40 Allocation Fund) are both mutual funds - ISD is a High Yield Bonds fund managed by PGIM, while PALDX is a Diversified Portfolio fund managed by PGIM. Over the past 5 years, ISD returned 4.23%/yr vs 8.53%/yr for PALDX. Their 0.53 correlation means they have sometimes moved together and sometimes differently. ISD charges 0.02%/yr vs 0.03%/yr for PALDX.
Performance
ISD vs. PALDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, ISD achieves a -9.89% return, which is significantly lower than PALDX's 6.54% return.
ISD
- 1D
- -0.08%
- 1M
- -3.37%
- 6M
- -10.69%
- YTD
- -9.89%
- 1Y
- -4.69%
- 3Y*
- 10.30%
- 5Y*
- 4.23%
- 10Y*
- 6.60%
- ALL TIME*
- 5.58%
PALDX
- 1D
- 1.22%
- 1M
- -0.33%
- 6M
- 4.97%
- YTD
- 6.54%
- 1Y
- 15.23%
- 3Y*
- 14.79%
- 5Y*
- 8.53%
- 10Y*
- —
- ALL TIME*
- 9.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.80M | $1.56M | $1.41M | |
| $0.00 | $0.00 | $0.00 |
ISD vs. PALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISD PGIM High Yield Bond Fund | -9.89% | 15.63% | 22.05% | 15.05% | -18.42% | 15.72% | 6.66% | 28.41% | -5.03% | -0.30% |
PALDX PGIM 60/40 Allocation Fund | 6.54% | 13.62% | 18.96% | 18.90% | -15.65% | 16.30% | 10.68% | 22.27% | -4.12% | 5.95% |
Correlation
The correlation between ISD and PALDX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.48 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.55 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2017 | 0.53 |
The correlation between ISD and PALDX has been stable across timeframes, ranging from 0.48 to 0.55 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ISD vs. PALDX — Risk / Return Rank
ISD
PALDX
ISD vs. PALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Bond Fund (ISD) and PGIM 60/40 Allocation Fund (PALDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ISD | PALDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.12 | ||
| Sortino ratioReturn per unit of downside risk | -2.95 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.31 | -0.38 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 2.42 | -2.80 |
| Martin ratioReturn relative to average drawdown | -0.84 | 10.80 | -11.64 |
Loading charts...
Drawdowns
ISD vs. PALDX - Drawdown Comparison
The maximum ISD drawdown since its inception was -38.88%, which is greater than PALDX's maximum drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for ISD and PALDX.
Loading charts...
Drawdown Indicators
| ISD | PALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.88% | -26.16% | -12.72% |
Max Drawdown (1Y)Largest decline over 1 year | -13.52% | -5.96% | -7.56% |
Max Drawdown (3Y)Largest decline over 3 years | -13.94% | -16.06% | +2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -25.45% | -20.47% | -4.98% |
Max Drawdown (10Y)Largest decline over 10 years | -38.88% | — | — |
Current DrawdownCurrent decline from peak | -11.81% | -1.25% | -10.56% |
Average DrawdownAverage peak-to-trough decline | -5.65% | -4.03% | -1.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.96% | 1.34% | +4.62% |
Volatility
ISD vs. PALDX - Volatility Comparison
PGIM High Yield Bond Fund (ISD) has a higher volatility of 3.08% compared to PGIM 60/40 Allocation Fund (PALDX) at 2.39%. This indicates that ISD's price experiences larger fluctuations and is considered to be riskier than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ISD | PALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 2.39% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 9.94% | 6.95% | +2.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.41% | 8.59% | +2.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.36% | 12.20% | +1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.59% | 12.65% | +1.94% |
ISD vs. PALDX - Expense Ratio Comparison
ISD has a 0.02% expense ratio, which is lower than PALDX's 0.03% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
ISD vs. PALDX - Dividend Comparison
ISD's dividend yield for the trailing twelve months is around 10.13%, more than PALDX's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISD PGIM High Yield Bond Fund | 10.13% | 8.71% | 9.21% | 10.23% | 10.61% | 7.85% | 8.40% | 7.86% | 7.89% | 8.46% | 8.28% | 9.64% |
PALDX PGIM 60/40 Allocation Fund | 5.09% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% | 0.00% | 0.00% |
Frequently Asked Questions
ISD and PALDX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISD has higher volatility (3.08%) compared to PALDX (2.39%). In terms of maximum drawdown, ISD dropped -38.88% vs PALDX's -26.16%.
PALDX currently has the higher Sharpe Ratio (1.68 vs -0.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ISD and PALDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer