PADZX vs. SDVY
Compare and contrast key facts about PGIM Absolute Return Bond Fund (PADZX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY).
PADZX is managed by PGIM Investments. It was launched on Mar 29, 2011. SDVY is a passively managed fund by First Trust that tracks the performance of the NASDAQ US Small Mid Cap Rising Dividend Achievers™ Index. It was launched on Nov 1, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PADZX or SDVY.
Correlation
The correlation between PADZX and SDVY is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PADZX vs. SDVY - Performance Comparison
Key characteristics
PADZX:
3.89
SDVY:
0.53
PADZX:
9.68
SDVY:
0.89
PADZX:
2.72
SDVY:
1.11
PADZX:
12.19
SDVY:
0.85
PADZX:
54.75
SDVY:
2.49
PADZX:
0.15%
SDVY:
3.98%
PADZX:
2.06%
SDVY:
18.84%
PADZX:
-19.36%
SDVY:
-44.70%
PADZX:
0.00%
SDVY:
-10.51%
Returns By Period
In the year-to-date period, PADZX achieves a 7.47% return, which is significantly lower than SDVY's 11.40% return.
PADZX
7.47%
0.57%
2.99%
8.01%
3.36%
3.23%
SDVY
11.40%
-9.41%
8.54%
10.09%
12.77%
N/A
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PADZX vs. SDVY - Expense Ratio Comparison
PADZX has a 0.72% expense ratio, which is higher than SDVY's 0.60% expense ratio.
Risk-Adjusted Performance
PADZX vs. SDVY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Absolute Return Bond Fund (PADZX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY). 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
PADZX vs. SDVY - Dividend Comparison
PADZX's dividend yield for the trailing twelve months is around 5.66%, more than SDVY's 1.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PADZX PGIM Absolute Return Bond Fund | 5.17% | 5.58% | 3.31% | 2.66% | 3.41% | 4.50% | 5.03% | 2.75% | 2.35% | 2.39% | 3.49% | 3.18% |
SDVY First Trust SMID Cap Rising Dividend Achievers ETF | 1.60% | 1.90% | 2.28% | 1.09% | 1.48% | 1.70% | 1.57% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PADZX vs. SDVY - Drawdown Comparison
The maximum PADZX drawdown since its inception was -19.36%, smaller than the maximum SDVY drawdown of -44.70%. Use the drawdown chart below to compare losses from any high point for PADZX and SDVY. For additional features, visit the drawdowns tool.
Volatility
PADZX vs. SDVY - Volatility Comparison
The current volatility for PGIM Absolute Return Bond Fund (PADZX) is 0.51%, while First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) has a volatility of 4.66%. This indicates that PADZX experiences smaller price fluctuations and is considered to be less risky than SDVY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.