PBQAX vs. FISPX
Compare and contrast key facts about PGIM Jennison Blend Fund (PBQAX) and Federated Hermes Max Cap Index Fund (FISPX).
PBQAX is managed by PGIM Investments. It was launched on Jan 22, 1990. FISPX is managed by Federated. It was launched on Jul 11, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PBQAX or FISPX.
Key characteristics
| PBQAX | FISPX | |
|---|---|---|
| YTD Return | 23.79% | 25.77% |
| 1Y Return | 30.65% | 9.59% |
| 3Y Return (Ann) | -2.75% | -6.79% |
| 5Y Return (Ann) | 5.99% | -2.35% |
| 10Y Return (Ann) | 3.16% | -5.35% |
| Sharpe Ratio | 2.12 | 0.45 |
| Sortino Ratio | 2.89 | 0.61 |
| Omega Ratio | 1.38 | 1.16 |
| Calmar Ratio | 1.00 | 0.14 |
| Martin Ratio | 13.57 | 1.25 |
| Ulcer Index | 2.25% | 7.76% |
| Daily Std Dev | 14.40% | 21.54% |
| Max Drawdown | -59.78% | -72.44% |
| Current Drawdown | -8.81% | -59.50% |
Correlation
The correlation between PBQAX and FISPX is 0.90, 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.
Performance
PBQAX vs. FISPX - Performance Comparison
In the year-to-date period, PBQAX achieves a 23.79% return, which is significantly lower than FISPX's 25.77% return. Over the past 10 years, PBQAX has outperformed FISPX with an annualized return of 3.16%, while FISPX has yielded a comparatively lower -5.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PBQAX vs. FISPX - Expense Ratio Comparison
PBQAX has a 0.94% expense ratio, which is higher than FISPX's 0.37% expense ratio.
Risk-Adjusted Performance
PBQAX vs. FISPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Blend Fund (PBQAX) and Federated Hermes Max Cap Index Fund (FISPX). 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
PBQAX vs. FISPX - Dividend Comparison
PBQAX's dividend yield for the trailing twelve months is around 0.38%, less than FISPX's 0.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PBQAX PGIM Jennison Blend Fund | 0.38% | 0.47% | 0.33% | 0.00% | 0.31% | 0.50% | 0.54% | 0.12% | 0.90% | 0.23% | 12.35% | 0.56% |
FISPX Federated Hermes Max Cap Index Fund | 0.99% | 1.39% | 1.43% | 0.99% | 1.53% | 1.41% | 2.32% | 1.77% | 1.98% | 1.96% | 1.66% | 1.60% |
Drawdowns
PBQAX vs. FISPX - Drawdown Comparison
The maximum PBQAX drawdown since its inception was -59.78%, smaller than the maximum FISPX drawdown of -72.44%. Use the drawdown chart below to compare losses from any high point for PBQAX and FISPX. For additional features, visit the drawdowns tool.
Volatility
PBQAX vs. FISPX - Volatility Comparison
PGIM Jennison Blend Fund (PBQAX) has a higher volatility of 4.70% compared to Federated Hermes Max Cap Index Fund (FISPX) at 3.75%. This indicates that PBQAX's price experiences larger fluctuations and is considered to be riskier than FISPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.