PDBAX vs. MWTIX
Compare and contrast key facts about PGIM Total Return Bond Fund (PDBAX) and Metropolitan West Total Return Bond Fund Class I (MWTIX).
PDBAX is managed by PGIM. It was launched on Jan 10, 1995. MWTIX is managed by Metropolitan West Funds.
Performance
PDBAX vs. MWTIX - Performance Comparison
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PDBAX vs. MWTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDBAX PGIM Total Return Bond Fund | -0.65% | 7.50% | 1.82% | 6.51% | -14.52% | -1.77% | 7.78% | 14.71% | -0.97% | 6.30% |
MWTIX Metropolitan West Total Return Bond Fund Class I | -0.48% | 7.51% | 0.77% | 6.02% | -15.49% | -1.32% | 9.00% | 9.10% | 0.36% | 3.43% |
Returns By Period
In the year-to-date period, PDBAX achieves a -0.65% return, which is significantly lower than MWTIX's -0.48% return. Over the past 10 years, PDBAX has outperformed MWTIX with an annualized return of 2.52%, while MWTIX has yielded a comparatively lower 1.64% annualized return.
PDBAX
- 1D
- 0.50%
- 1M
- -2.59%
- YTD
- -0.65%
- 6M
- 0.48%
- 1Y
- 4.00%
- 3Y*
- 3.97%
- 5Y*
- 0.42%
- 10Y*
- 2.52%
MWTIX
- 1D
- 0.55%
- 1M
- -2.47%
- YTD
- -0.48%
- 6M
- 0.53%
- 1Y
- 3.79%
- 3Y*
- 3.48%
- 5Y*
- -0.32%
- 10Y*
- 1.64%
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PDBAX vs. MWTIX - Expense Ratio Comparison
PDBAX has a 0.76% expense ratio, which is higher than MWTIX's 0.45% expense ratio.
Return for Risk
PDBAX vs. MWTIX — Risk / Return Rank
PDBAX
MWTIX
PDBAX vs. MWTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond Fund (PDBAX) and Metropolitan West Total Return Bond Fund Class I (MWTIX). 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.
| PDBAX | MWTIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.86 | +0.11 |
Sortino ratioReturn per unit of downside risk | 1.40 | 1.24 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.15 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.57 | +0.05 |
Martin ratioReturn relative to average drawdown | 4.72 | 4.16 | +0.56 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PDBAX | MWTIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.86 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | -0.05 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.31 | +0.16 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.92 | +0.17 |
Correlation
The correlation between PDBAX and MWTIX is 0.86, 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
PDBAX vs. MWTIX - Dividend Comparison
PDBAX's dividend yield for the trailing twelve months is around 3.95%, more than MWTIX's 3.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDBAX PGIM Total Return Bond Fund | 3.95% | 4.27% | 3.76% | 3.55% | 5.49% | 2.47% | 2.68% | 10.32% | 3.74% | 2.60% | 3.65% | 2.94% |
MWTIX Metropolitan West Total Return Bond Fund Class I | 3.64% | 3.89% | 4.38% | 4.11% | 2.08% | 1.12% | 6.48% | 3.61% | 2.91% | 2.14% | 3.35% | 2.94% |
Drawdowns
PDBAX vs. MWTIX - Drawdown Comparison
The maximum PDBAX drawdown since its inception was -21.24%, roughly equal to the maximum MWTIX drawdown of -20.58%. Use the drawdown chart below to compare losses from any high point for PDBAX and MWTIX.
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Drawdown Indicators
| PDBAX | MWTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.24% | -20.58% | -0.66% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -3.05% | -0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -21.01% | -20.51% | -0.50% |
Max Drawdown (10Y)Largest decline over 10 years | -21.24% | -20.58% | -0.66% |
Current DrawdownCurrent decline from peak | -2.75% | -4.67% | +1.92% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -2.76% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 1.15% | -0.09% |
Volatility
PDBAX vs. MWTIX - Volatility Comparison
The current volatility for PGIM Total Return Bond Fund (PDBAX) is 1.63%, while Metropolitan West Total Return Bond Fund Class I (MWTIX) has a volatility of 1.80%. This indicates that PDBAX experiences smaller price fluctuations and is considered to be less risky than MWTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDBAX | MWTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 1.80% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 2.91% | -0.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.59% | 4.89% | -0.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 6.61% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.32% | 5.30% | +0.02% |