PDBZX vs. BIV
Compare and contrast key facts about PGIM Total Return Bond Fund Class Z (PDBZX) and Vanguard Intermediate-Term Bond ETF (BIV).
PDBZX is managed by PGIM Investments. It was launched on Jan 14, 1997. BIV is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 5. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDBZX or BIV.
Key characteristics
| PDBZX | BIV | |
|---|---|---|
| YTD Return | 2.84% | 1.51% |
| 1Y Return | 9.23% | 7.14% |
| 3Y Return (Ann) | -1.66% | -2.03% |
| 5Y Return (Ann) | -0.41% | 0.06% |
| 10Y Return (Ann) | 1.77% | 1.83% |
| Sharpe Ratio | 1.56 | 1.11 |
| Sortino Ratio | 2.27 | 1.64 |
| Omega Ratio | 1.28 | 1.19 |
| Calmar Ratio | 0.59 | 0.44 |
| Martin Ratio | 5.96 | 3.68 |
| Ulcer Index | 1.47% | 1.79% |
| Daily Std Dev | 5.60% | 5.90% |
| Max Drawdown | -20.32% | -18.94% |
| Current Drawdown | -7.03% | -8.85% |
Correlation
The correlation between PDBZX and BIV is 0.82, 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
PDBZX vs. BIV - Performance Comparison
In the year-to-date period, PDBZX achieves a 2.84% return, which is significantly higher than BIV's 1.51% return. Both investments have delivered pretty close results over the past 10 years, with PDBZX having a 1.77% annualized return and BIV not far ahead at 1.83%. 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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PDBZX vs. BIV - Expense Ratio Comparison
PDBZX has a 0.49% expense ratio, which is higher than BIV's 0.04% expense ratio.
Risk-Adjusted Performance
PDBZX vs. BIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond Fund Class Z (PDBZX) and Vanguard Intermediate-Term Bond ETF (BIV). 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
PDBZX vs. BIV - Dividend Comparison
PDBZX's dividend yield for the trailing twelve months is around 4.79%, more than BIV's 3.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDBZX PGIM Total Return Bond Fund Class Z | 4.79% | 4.61% | 5.12% | 2.96% | 2.95% | 3.62% | 4.02% | 2.91% | 2.87% | 3.20% | 3.59% | 3.78% |
BIV Vanguard Intermediate-Term Bond ETF | 3.69% | 3.10% | 2.41% | 3.42% | 2.96% | 2.75% | 2.87% | 2.69% | 2.38% | 3.02% | 3.96% | 4.21% |
Drawdowns
PDBZX vs. BIV - Drawdown Comparison
The maximum PDBZX drawdown since its inception was -20.32%, which is greater than BIV's maximum drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for PDBZX and BIV. For additional features, visit the drawdowns tool.
Volatility
PDBZX vs. BIV - Volatility Comparison
PGIM Total Return Bond Fund Class Z (PDBZX) and Vanguard Intermediate-Term Bond ETF (BIV) have volatilities of 1.57% and 1.65%, 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.