MWTRX vs. PDBAX
Compare and contrast key facts about Metropolitan West Total Return Bond Fund (MWTRX) and PGIM Total Return Bond Fund (PDBAX).
MWTRX is managed by Metropolitan West Funds. It was launched on Mar 31, 1997. PDBAX is managed by PGIM Investments. It was launched on Jan 10, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MWTRX or PDBAX.
Correlation
The correlation between MWTRX and PDBAX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
MWTRX vs. PDBAX - Performance Comparison
Key characteristics
MWTRX:
0.86
PDBAX:
0.97
MWTRX:
1.26
PDBAX:
1.41
MWTRX:
1.15
PDBAX:
1.17
MWTRX:
0.38
PDBAX:
0.43
MWTRX:
2.03
PDBAX:
2.74
MWTRX:
2.62%
PDBAX:
1.86%
MWTRX:
6.22%
PDBAX:
5.29%
MWTRX:
-20.08%
PDBAX:
-20.62%
MWTRX:
-8.51%
PDBAX:
-6.57%
Returns By Period
In the year-to-date period, MWTRX achieves a 2.25% return, which is significantly higher than PDBAX's 1.50% return. Over the past 10 years, MWTRX has underperformed PDBAX with an annualized return of 1.34%, while PDBAX has yielded a comparatively higher 1.99% annualized return.
MWTRX
2.25%
0.22%
1.19%
5.31%
-0.91%
1.34%
PDBAX
1.50%
0.42%
0.72%
5.08%
0.24%
1.99%
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MWTRX vs. PDBAX - Expense Ratio Comparison
MWTRX has a 0.65% expense ratio, which is lower than PDBAX's 0.76% expense ratio.
Risk-Adjusted Performance
MWTRX vs. PDBAX — Risk-Adjusted Performance Rank
MWTRX
PDBAX
MWTRX vs. PDBAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Metropolitan West Total Return Bond Fund (MWTRX) and PGIM Total Return Bond Fund (PDBAX). 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
MWTRX vs. PDBAX - Dividend Comparison
MWTRX's dividend yield for the trailing twelve months is around 4.19%, more than PDBAX's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWTRX Metropolitan West Total Return Bond Fund | 4.19% | 4.45% | 3.88% | 2.68% | 1.10% | 6.48% | 3.39% | 2.51% | 1.90% | 3.10% | 2.69% | 2.29% |
PDBAX PGIM Total Return Bond Fund | 4.05% | 4.50% | 4.32% | 4.83% | 2.69% | 2.69% | 3.34% | 3.75% | 2.63% | 2.60% | 2.93% | 3.33% |
Drawdowns
MWTRX vs. PDBAX - Drawdown Comparison
The maximum MWTRX drawdown since its inception was -20.08%, roughly equal to the maximum PDBAX drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for MWTRX and PDBAX. For additional features, visit the drawdowns tool.
Volatility
MWTRX vs. PDBAX - Volatility Comparison
Metropolitan West Total Return Bond Fund (MWTRX) has a higher volatility of 1.98% compared to PGIM Total Return Bond Fund (PDBAX) at 1.64%. This indicates that MWTRX's price experiences larger fluctuations and is considered to be riskier than PDBAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.