PDBAX vs. PRCIX
Compare and contrast key facts about PGIM Total Return Bond Fund (PDBAX) and T. Rowe Price New Income Fund (PRCIX).
PDBAX is managed by PGIM. It was launched on Jan 10, 1995. PRCIX is managed by T. Rowe Price. It was launched on Aug 31, 1973.
Performance
PDBAX vs. PRCIX - Performance Comparison
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PDBAX vs. PRCIX - 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% |
PRCIX T. Rowe Price New Income Fund | -0.24% | 10.79% | 1.31% | 5.31% | -14.87% | -0.54% | 5.77% | 9.28% | -0.62% | 4.01% |
Returns By Period
In the year-to-date period, PDBAX achieves a -0.65% return, which is significantly lower than PRCIX's -0.24% return. Over the past 10 years, PDBAX has outperformed PRCIX with an annualized return of 2.52%, while PRCIX has yielded a comparatively lower 1.78% 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%
PRCIX
- 1D
- 0.51%
- 1M
- -2.46%
- YTD
- -0.24%
- 6M
- 2.00%
- 1Y
- 7.55%
- 3Y*
- 4.38%
- 5Y*
- 0.50%
- 10Y*
- 1.78%
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PDBAX vs. PRCIX - Expense Ratio Comparison
PDBAX has a 0.76% expense ratio, which is higher than PRCIX's 0.44% expense ratio.
Return for Risk
PDBAX vs. PRCIX — Risk / Return Rank
PDBAX
PRCIX
PDBAX vs. PRCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond Fund (PDBAX) and T. Rowe Price New Income Fund (PRCIX). 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 | PRCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 1.80 | -0.82 |
Sortino ratioReturn per unit of downside risk | 1.40 | 2.67 | -1.27 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 2.96 | -1.34 |
Martin ratioReturn relative to average drawdown | 4.72 | 9.93 | -5.21 |
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 | PRCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 1.80 | -0.82 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.08 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.36 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.79 | +0.31 |
Correlation
The correlation between PDBAX and PRCIX is 0.85, 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. PRCIX - Dividend Comparison
PDBAX's dividend yield for the trailing twelve months is around 3.95%, less than PRCIX's 8.24% 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% |
PRCIX T. Rowe Price New Income Fund | 8.24% | 7.79% | 4.48% | 4.37% | 1.80% | 2.65% | 3.33% | 2.88% | 3.03% | 2.66% | 2.56% | 2.55% |
Drawdowns
PDBAX vs. PRCIX - Drawdown Comparison
The maximum PDBAX drawdown since its inception was -21.24%, roughly equal to the maximum PRCIX drawdown of -22.34%. Use the drawdown chart below to compare losses from any high point for PDBAX and PRCIX.
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Drawdown Indicators
| PDBAX | PRCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.24% | -22.34% | +1.10% |
Max Drawdown (1Y)Largest decline over 1 year | -3.07% | -2.96% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -21.01% | -19.65% | -1.36% |
Max Drawdown (10Y)Largest decline over 10 years | -21.24% | -19.65% | -1.59% |
Current DrawdownCurrent decline from peak | -2.75% | -2.46% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -2.48% | -4.43% | +1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 0.88% | +0.18% |
Volatility
PDBAX vs. PRCIX - Volatility Comparison
PGIM Total Return Bond Fund (PDBAX) and T. Rowe Price New Income Fund (PRCIX) have volatilities of 1.63% and 1.67%, 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.
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Volatility by Period
| PDBAX | PRCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.63% | 1.67% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.70% | 2.81% | -0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.59% | 4.58% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 5.93% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.32% | 4.93% | +0.39% |