PABFX vs. CONWX
Compare and contrast key facts about PGIM Balanced Fund (PABFX) and Concorde Wealth Management Fund (CONWX).
PABFX is managed by PGIM. It was launched on Jan 3, 1993. CONWX is managed by BlackRock. It was launched on Dec 3, 1987.
Performance
PABFX vs. CONWX - Performance Comparison
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PABFX vs. CONWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PABFX PGIM Balanced Fund | -3.30% | 15.83% | 19.80% | 17.08% | -16.07% | 14.68% | 9.12% | 21.77% | -5.16% | 14.36% |
CONWX Concorde Wealth Management Fund | 8.18% | 11.95% | 13.58% | 0.20% | -2.51% | 19.73% | 8.76% | 16.84% | -1.95% | 7.17% |
Returns By Period
In the year-to-date period, PABFX achieves a -3.30% return, which is significantly lower than CONWX's 8.18% return. Both investments have delivered pretty close results over the past 10 years, with PABFX having a 8.74% annualized return and CONWX not far behind at 8.62%.
PABFX
- 1D
- -0.17%
- 1M
- -6.30%
- YTD
- -3.30%
- 6M
- -0.47%
- 1Y
- 13.40%
- 3Y*
- 14.35%
- 5Y*
- 7.75%
- 10Y*
- 8.74%
CONWX
- 1D
- -0.62%
- 1M
- -1.70%
- YTD
- 8.18%
- 6M
- 11.51%
- 1Y
- 17.28%
- 3Y*
- 12.45%
- 5Y*
- 7.53%
- 10Y*
- 8.62%
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PABFX vs. CONWX - Expense Ratio Comparison
PABFX has a 0.78% expense ratio, which is lower than CONWX's 1.41% expense ratio.
Return for Risk
PABFX vs. CONWX — Risk / Return Rank
PABFX
CONWX
PABFX vs. CONWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Balanced Fund (PABFX) and Concorde Wealth Management Fund (CONWX). 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.
| PABFX | CONWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.70 | -0.47 |
Sortino ratioReturn per unit of downside risk | 1.78 | 2.36 | -0.59 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.37 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.99 | -0.45 |
Martin ratioReturn relative to average drawdown | 6.98 | 11.30 | -4.32 |
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
| PABFX | CONWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.70 | -0.47 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.74 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.78 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.78 | -0.12 |
Correlation
The correlation between PABFX and CONWX is 0.78, 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
PABFX vs. CONWX - Dividend Comparison
PABFX's dividend yield for the trailing twelve months is around 9.84%, more than CONWX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PABFX PGIM Balanced Fund | 9.84% | 9.57% | 13.25% | 2.35% | 2.09% | 12.40% | 1.66% | 5.18% | 7.55% | 5.78% | 4.79% | 8.06% |
CONWX Concorde Wealth Management Fund | 3.41% | 3.69% | 10.55% | 2.16% | 7.85% | 3.63% | 3.86% | 2.16% | 5.09% | 2.48% | 0.00% | 0.00% |
Drawdowns
PABFX vs. CONWX - Drawdown Comparison
The maximum PABFX drawdown since its inception was -40.90%, which is greater than CONWX's maximum drawdown of -26.09%. Use the drawdown chart below to compare losses from any high point for PABFX and CONWX.
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Drawdown Indicators
| PABFX | CONWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.90% | -26.09% | -14.81% |
Max Drawdown (1Y)Largest decline over 1 year | -8.13% | -8.60% | +0.47% |
Max Drawdown (5Y)Largest decline over 5 years | -21.24% | -12.49% | -8.75% |
Max Drawdown (10Y)Largest decline over 10 years | -26.46% | -26.09% | -0.37% |
Current DrawdownCurrent decline from peak | -6.74% | -2.03% | -4.71% |
Average DrawdownAverage peak-to-trough decline | -4.80% | -2.78% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 1.52% | +0.28% |
Volatility
PABFX vs. CONWX - Volatility Comparison
PGIM Balanced Fund (PABFX) has a higher volatility of 3.53% compared to Concorde Wealth Management Fund (CONWX) at 2.12%. This indicates that PABFX's price experiences larger fluctuations and is considered to be riskier than CONWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PABFX | CONWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 2.12% | +1.41% |
Volatility (6M)Calculated over the trailing 6-month period | 6.25% | 5.43% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.09% | 10.70% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.90% | 10.26% | +1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.55% | 11.15% | +0.40% |