LIHIX vs. PDDDX
Compare and contrast key facts about BlackRock LifePath Index 2045 Fund Institutional (LIHIX) and Prudential Day One 2020 Fund (PDDDX).
LIHIX is a passively managed fund by BlackRock that tracks the performance of the BlackRock LifePath Index 2045 Custom Benchmark. It was launched on May 31, 2011. PDDDX is managed by PGIM. It was launched on Dec 12, 2016.
Performance
LIHIX vs. PDDDX - Performance Comparison
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LIHIX vs. PDDDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIHIX BlackRock LifePath Index 2045 Fund Institutional | -3.46% | 19.01% | 11.80% | 20.26% | -18.10% | 17.74% | 13.93% | 26.15% | -7.55% | 20.25% |
PDDDX Prudential Day One 2020 Fund | -0.38% | 10.40% | 15.97% | 9.52% | -12.63% | 36.80% | 8.13% | 14.99% | -4.65% | 10.17% |
Returns By Period
In the year-to-date period, LIHIX achieves a -3.46% return, which is significantly lower than PDDDX's -0.38% return.
LIHIX
- 1D
- -0.12%
- 1M
- -7.87%
- YTD
- -3.46%
- 6M
- -0.97%
- 1Y
- 15.51%
- 3Y*
- 13.12%
- 5Y*
- 7.26%
- 10Y*
- 9.77%
PDDDX
- 1D
- 0.19%
- 1M
- -3.71%
- YTD
- -0.38%
- 6M
- 0.92%
- 1Y
- 8.21%
- 3Y*
- 10.50%
- 5Y*
- 10.42%
- 10Y*
- —
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LIHIX vs. PDDDX - Expense Ratio Comparison
LIHIX has a 0.14% expense ratio, which is lower than PDDDX's 0.76% expense ratio.
Return for Risk
LIHIX vs. PDDDX — Risk / Return Rank
LIHIX
PDDDX
LIHIX vs. PDDDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2045 Fund Institutional (LIHIX) and Prudential Day One 2020 Fund (PDDDX). 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.
| LIHIX | PDDDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.29 | -0.22 |
Sortino ratioReturn per unit of downside risk | 1.58 | 1.82 | -0.24 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.28 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.32 | 1.55 | -0.23 |
Martin ratioReturn relative to average drawdown | 6.33 | 7.61 | -1.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LIHIX | PDDDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.29 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.76 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.77 | -0.21 |
Correlation
The correlation between LIHIX and PDDDX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LIHIX vs. PDDDX - Dividend Comparison
LIHIX's dividend yield for the trailing twelve months is around 2.88%, less than PDDDX's 4.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIHIX BlackRock LifePath Index 2045 Fund Institutional | 2.88% | 2.78% | 0.01% | 2.19% | 2.01% | 2.29% | 1.09% | 3.32% | 2.43% | 2.29% | 1.55% | 3.11% |
PDDDX Prudential Day One 2020 Fund | 4.07% | 4.05% | 19.73% | 3.22% | 8.41% | 28.05% | 1.91% | 3.76% | 3.05% | 0.86% | 0.00% | 0.00% |
Drawdowns
LIHIX vs. PDDDX - Drawdown Comparison
The maximum LIHIX drawdown since its inception was -33.31%, which is greater than PDDDX's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for LIHIX and PDDDX.
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Drawdown Indicators
| LIHIX | PDDDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.31% | -18.88% | -14.43% |
Max Drawdown (1Y)Largest decline over 1 year | -10.69% | -5.29% | -5.40% |
Max Drawdown (5Y)Largest decline over 5 years | -25.92% | -16.64% | -9.28% |
Max Drawdown (10Y)Largest decline over 10 years | -33.31% | — | — |
Current DrawdownCurrent decline from peak | -8.31% | -3.71% | -4.60% |
Average DrawdownAverage peak-to-trough decline | -4.44% | -3.06% | -1.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 1.08% | +1.15% |
Volatility
LIHIX vs. PDDDX - Volatility Comparison
BlackRock LifePath Index 2045 Fund Institutional (LIHIX) has a higher volatility of 4.63% compared to Prudential Day One 2020 Fund (PDDDX) at 2.04%. This indicates that LIHIX's price experiences larger fluctuations and is considered to be riskier than PDDDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIHIX | PDDDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.63% | 2.04% | +2.59% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 3.54% | +4.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.69% | 6.57% | +8.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.44% | 13.74% | +0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.70% | 11.45% | +4.25% |