PDAHX vs. FRAMX
Compare and contrast key facts about Prudential Day One Income Fund (PDAHX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
PDAHX is managed by PGIM. It was launched on Dec 12, 2016. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
PDAHX vs. FRAMX - Performance Comparison
Loading graphics...
PDAHX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDAHX Prudential Day One Income Fund | 0.08% | 10.37% | 8.27% | 8.89% | -11.69% | 9.21% | 8.22% | 13.58% | -3.26% | 8.25% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.55% |
Returns By Period
In the year-to-date period, PDAHX achieves a 0.08% return, which is significantly higher than FRAMX's -0.57% return.
PDAHX
- 1D
- 0.29%
- 1M
- -3.23%
- YTD
- 0.08%
- 6M
- 1.35%
- 1Y
- 8.21%
- 3Y*
- 8.03%
- 5Y*
- 4.47%
- 10Y*
- —
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PDAHX vs. FRAMX - Expense Ratio Comparison
PDAHX has a 0.16% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
PDAHX vs. FRAMX — Risk / Return Rank
PDAHX
FRAMX
PDAHX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prudential Day One Income Fund (PDAHX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| PDAHX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.49 | 1.50 | -0.02 |
Sortino ratioReturn per unit of downside risk | 2.07 | 2.09 | -0.02 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.30 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 2.00 | -0.17 |
Martin ratioReturn relative to average drawdown | 8.89 | 8.06 | +0.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PDAHX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.49 | 1.50 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.41 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.49 | +0.34 |
Correlation
The correlation between PDAHX and FRAMX is 0.88, 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
PDAHX vs. FRAMX - Dividend Comparison
PDAHX's dividend yield for the trailing twelve months is around 4.85%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDAHX Prudential Day One Income Fund | 4.85% | 4.92% | 7.35% | 3.54% | 7.78% | 7.72% | 2.22% | 4.25% | 3.70% | 1.88% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
PDAHX vs. FRAMX - Drawdown Comparison
The maximum PDAHX drawdown since its inception was -15.65%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for PDAHX and FRAMX.
Loading graphics...
Drawdown Indicators
| PDAHX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.65% | -33.94% | +18.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.60% | -3.45% | -1.15% |
Max Drawdown (5Y)Largest decline over 5 years | -15.65% | -16.31% | +0.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -3.23% | -3.20% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -2.71% | -3.87% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.86% | +0.09% |
Volatility
PDAHX vs. FRAMX - Volatility Comparison
Prudential Day One Income Fund (PDAHX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) have volatilities of 1.87% and 1.96%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PDAHX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.87% | 1.96% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 2.86% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.78% | 4.59% | +1.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.53% | 5.21% | +1.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.40% | 4.47% | +1.93% |