ISD vs. RSIIX
ISD (PGIM High Yield Bond Fund) and RSIIX (RiverPark Strategic Income Fund) are both High Yield Bonds funds. Over the past 10 years, ISD returned 6.82%/yr vs 5.14%/yr for RSIIX. At a 0.25 correlation, their price movements are largely independent. ISD charges 0.02%/yr vs 1.18%/yr for RSIIX.
Performance
ISD vs. RSIIX - Performance Comparison
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Returns By Period
In the year-to-date period, ISD achieves a -7.71% return, which is significantly lower than RSIIX's 2.89% return. Over the past 10 years, ISD has outperformed RSIIX with an annualized return of 6.82%, while RSIIX has yielded a comparatively lower 5.14% annualized return.
ISD
- 1D
- -0.31%
- 1M
- 0.12%
- 6M
- -7.84%
- YTD
- -7.71%
- 1Y
- -1.35%
- 3Y*
- 10.70%
- 5Y*
- 4.74%
- 10Y*
- 6.82%
RSIIX
- 1D
- 0.12%
- 1M
- 0.94%
- 6M
- 2.17%
- YTD
- 2.89%
- 1Y
- 5.46%
- 3Y*
- 7.37%
- 5Y*
- 5.46%
- 10Y*
- 5.14%
ISD vs. RSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ISD PGIM High Yield Bond Fund | -7.71% | 15.63% | 22.05% | 15.05% | -18.42% | 15.72% | 6.66% | 28.41% | -5.03% | 3.59% |
RSIIX RiverPark Strategic Income Fund | 2.89% | 6.04% | 8.44% | 9.59% | -3.31% | 11.60% | 3.42% | 3.50% | 1.36% | 4.84% |
Correlation
The correlation between ISD and RSIIX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.26 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.25 |
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Return for Risk
ISD vs. RSIIX — Risk / Return Rank
ISD
RSIIX
ISD vs. RSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Bond Fund (ISD) and RiverPark Strategic Income Fund (RSIIX). 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 | RSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.93 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 0.99 | 1.56 | -0.57 |
| Calmar ratioReturn relative to maximum drawdown | -0.10 | 3.14 | -3.24 |
| Martin ratioReturn relative to average drawdown | -0.25 | 21.04 | -21.29 |
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Drawdowns
ISD vs. RSIIX - Drawdown Comparison
The maximum ISD drawdown since its inception was -38.88%, which is greater than RSIIX's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for ISD and RSIIX.
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Drawdown Indicators
| ISD | RSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.88% | -15.55% | -23.33% |
Max Drawdown (1Y)Largest decline over 1 year | -13.52% | -1.79% | -11.73% |
Max Drawdown (3Y)Largest decline over 3 years | -13.94% | -1.79% | -12.15% |
Max Drawdown (5Y)Largest decline over 5 years | -25.45% | -5.61% | -19.84% |
Max Drawdown (10Y)Largest decline over 10 years | -38.88% | -15.55% | -23.33% |
Current DrawdownCurrent decline from peak | -9.68% | 0.00% | -9.68% |
Average DrawdownAverage peak-to-trough decline | -5.63% | -1.15% | -4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.50% | 0.27% | +5.23% |
Volatility
ISD vs. RSIIX - Volatility Comparison
PGIM High Yield Bond Fund (ISD) has a higher volatility of 2.88% compared to RiverPark Strategic Income Fund (RSIIX) at 0.60%. This indicates that ISD's price experiences larger fluctuations and is considered to be riskier than RSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ISD | RSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.88% | 0.60% | +2.28% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 2.87% | +6.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.25% | 3.10% | +8.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.36% | 2.51% | +10.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.58% | 2.88% | +11.70% |
ISD vs. RSIIX - Expense Ratio Comparison
ISD has a 0.02% expense ratio, which is lower than RSIIX's 1.18% expense ratio.
Dividends
ISD vs. RSIIX - Dividend Comparison
ISD's dividend yield for the trailing twelve months is around 9.89%, more than RSIIX's 7.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ISD PGIM High Yield Bond Fund | 9.89% | 8.71% | 9.21% | 10.23% | 10.61% | 7.85% | 8.40% | 7.86% | 7.89% | 8.46% | 8.28% | 9.64% |
RSIIX RiverPark Strategic Income Fund | 7.23% | 7.75% | 7.67% | 7.61% | 6.58% | 5.12% | 5.77% | 4.84% | 4.59% | 4.98% | 5.10% | 6.57% |
Frequently Asked Questions
ISD and RSIIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ISD has higher volatility (2.88%) compared to RSIIX (0.60%). In terms of maximum drawdown, ISD dropped -38.88% vs RSIIX's -15.55%.
RSIIX currently has the higher Sharpe Ratio (1.81 vs -0.12), 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.
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