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PBHAX vs. VDIGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PBHAX vs. VDIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM High Yield Fund (PBHAX) and Vanguard Dividend Growth Fund (VDIGX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.05%
4.57%
PBHAX
VDIGX

Returns By Period

In the year-to-date period, PBHAX achieves a 7.86% return, which is significantly lower than VDIGX's 10.88% return. Over the past 10 years, PBHAX has underperformed VDIGX with an annualized return of 4.78%, while VDIGX has yielded a comparatively higher 10.71% annualized return.


PBHAX

YTD

7.86%

1M

0.16%

6M

6.05%

1Y

13.93%

5Y (annualized)

3.93%

10Y (annualized)

4.78%

VDIGX

YTD

10.88%

1M

-4.05%

6M

4.57%

1Y

16.76%

5Y (annualized)

10.63%

10Y (annualized)

10.71%

Key characteristics


PBHAXVDIGX
Sharpe Ratio3.531.98
Sortino Ratio6.372.72
Omega Ratio1.931.35
Calmar Ratio1.913.61
Martin Ratio22.2710.43
Ulcer Index0.64%1.66%
Daily Std Dev4.02%8.74%
Max Drawdown-28.75%-45.23%
Current Drawdown-0.46%-4.05%

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PBHAX vs. VDIGX - Expense Ratio Comparison

PBHAX has a 0.75% expense ratio, which is higher than VDIGX's 0.27% expense ratio.


PBHAX
PGIM High Yield Fund
Expense ratio chart for PBHAX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for VDIGX: current value at 0.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.27%

Correlation

-0.50.00.51.00.2

The correlation between PBHAX and VDIGX is 0.24, 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

PBHAX vs. VDIGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Fund (PBHAX) and Vanguard Dividend Growth Fund (VDIGX). 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 PBHAX, currently valued at 3.53, compared to the broader market-1.000.001.002.003.004.005.003.531.98
The chart of Sortino ratio for PBHAX, currently valued at 6.37, compared to the broader market0.005.0010.006.372.72
The chart of Omega ratio for PBHAX, currently valued at 1.93, compared to the broader market1.002.003.004.001.931.35
The chart of Calmar ratio for PBHAX, currently valued at 1.91, compared to the broader market0.005.0010.0015.0020.0025.001.913.61
The chart of Martin ratio for PBHAX, currently valued at 22.27, compared to the broader market0.0020.0040.0060.0080.00100.0022.2710.43
PBHAX
VDIGX

The current PBHAX Sharpe Ratio is 3.53, which is higher than the VDIGX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of PBHAX and VDIGX, 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 Ratio1.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.53
1.98
PBHAX
VDIGX

Dividends

PBHAX vs. VDIGX - Dividend Comparison

PBHAX's dividend yield for the trailing twelve months is around 7.12%, more than VDIGX's 1.66% yield.


TTM20232022202120202019201820172016201520142013
PBHAX
PGIM High Yield Fund
7.12%6.77%6.74%5.25%5.70%5.99%6.27%6.01%6.20%6.65%6.37%6.39%
VDIGX
Vanguard Dividend Growth Fund
1.66%1.69%1.67%1.46%1.62%1.72%2.15%1.92%1.92%1.93%1.91%1.80%

Drawdowns

PBHAX vs. VDIGX - Drawdown Comparison

The maximum PBHAX drawdown since its inception was -28.75%, smaller than the maximum VDIGX drawdown of -45.23%. Use the drawdown chart below to compare losses from any high point for PBHAX and VDIGX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.46%
-4.05%
PBHAX
VDIGX

Volatility

PBHAX vs. VDIGX - Volatility Comparison

The current volatility for PGIM High Yield Fund (PBHAX) is 0.76%, while Vanguard Dividend Growth Fund (VDIGX) has a volatility of 2.37%. This indicates that PBHAX experiences smaller price fluctuations and is considered to be less risky than VDIGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
0.76%
2.37%
PBHAX
VDIGX