PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
PADZX vs. SDVY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PADZX vs. SDVY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Absolute Return Bond Fund (PADZX) and First Trust SMID Cap Rising Dividend Achievers ETF (SDVY). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
3.38%
16.59%
PADZX
SDVY

Returns By Period

In the year-to-date period, PADZX achieves a 6.97% return, which is significantly lower than SDVY's 22.26% return.


PADZX

YTD

6.97%

1M

0.77%

6M

3.37%

1Y

8.73%

5Y (annualized)

2.88%

10Y (annualized)

3.13%

SDVY

YTD

22.26%

1M

9.60%

6M

16.59%

1Y

38.70%

5Y (annualized)

15.59%

10Y (annualized)

N/A

Key characteristics


PADZXSDVY
Sharpe Ratio4.112.02
Sortino Ratio10.602.91
Omega Ratio2.911.36
Calmar Ratio13.303.97
Martin Ratio59.7811.18
Ulcer Index0.15%3.46%
Daily Std Dev2.12%19.15%
Max Drawdown-19.36%-44.70%
Current Drawdown0.00%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PADZX vs. SDVY - Expense Ratio Comparison

PADZX has a 0.72% expense ratio, which is higher than SDVY's 0.60% expense ratio.


PADZX
PGIM Absolute Return Bond Fund
Expense ratio chart for PADZX: current value at 0.72% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.72%
Expense ratio chart for SDVY: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Correlation

-0.50.00.51.00.1

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.

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.


Sharpe ratio
The chart of Sharpe ratio for PADZX, currently valued at 4.11, compared to the broader market-1.000.001.002.003.004.005.004.112.02
The chart of Sortino ratio for PADZX, currently valued at 10.60, compared to the broader market0.005.0010.0010.602.91
The chart of Omega ratio for PADZX, currently valued at 2.91, compared to the broader market1.002.003.004.002.911.36
The chart of Calmar ratio for PADZX, currently valued at 13.30, compared to the broader market0.005.0010.0015.0020.0013.303.97
The chart of Martin ratio for PADZX, currently valued at 59.78, compared to the broader market0.0020.0040.0060.0080.00100.0059.7811.18
PADZX
SDVY

The current PADZX Sharpe Ratio is 4.11, which is higher than the SDVY Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of PADZX and SDVY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.11
2.02
PADZX
SDVY

Dividends

PADZX vs. SDVY - Dividend Comparison

PADZX's dividend yield for the trailing twelve months is around 5.76%, more than SDVY's 1.45% yield.


TTM20232022202120202019201820172016201520142013
PADZX
PGIM Absolute Return Bond Fund
5.76%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
1.45%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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
PADZX
SDVY

Volatility

PADZX vs. SDVY - Volatility Comparison

The current volatility for PGIM Absolute Return Bond Fund (PADZX) is 0.49%, while First Trust SMID Cap Rising Dividend Achievers ETF (SDVY) has a volatility of 7.80%. 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.


0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.49%
7.80%
PADZX
SDVY