PDBZX vs. GLD
Compare and contrast key facts about PGIM Total Return Bond Fund Class Z (PDBZX) and SPDR Gold Trust (GLD).
PDBZX is managed by PGIM Investments. It was launched on Jan 14, 1997. GLD is a passively managed fund by State Street that tracks the performance of the Gold Bullion. It was launched on Nov 18, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDBZX or GLD.
Key characteristics
| PDBZX | GLD | |
|---|---|---|
| YTD Return | 2.84% | 23.98% |
| 1Y Return | 9.23% | 30.48% |
| 3Y Return (Ann) | -1.66% | 10.84% |
| 5Y Return (Ann) | -0.41% | 11.42% |
| 10Y Return (Ann) | 1.77% | 7.60% |
| Sharpe Ratio | 1.56 | 2.04 |
| Sortino Ratio | 2.27 | 2.74 |
| Omega Ratio | 1.28 | 1.36 |
| Calmar Ratio | 0.59 | 3.79 |
| Martin Ratio | 5.96 | 12.68 |
| Ulcer Index | 1.47% | 2.38% |
| Daily Std Dev | 5.60% | 14.77% |
| Max Drawdown | -20.32% | -45.56% |
| Current Drawdown | -7.03% | -7.96% |
Correlation
The correlation between PDBZX and GLD is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PDBZX vs. GLD - Performance Comparison
In the year-to-date period, PDBZX achieves a 2.84% return, which is significantly lower than GLD's 23.98% return. Over the past 10 years, PDBZX has underperformed GLD with an annualized return of 1.77%, while GLD has yielded a comparatively higher 7.60% 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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PDBZX vs. GLD - Expense Ratio Comparison
PDBZX has a 0.49% expense ratio, which is higher than GLD's 0.40% expense ratio.
Risk-Adjusted Performance
PDBZX vs. GLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond Fund Class Z (PDBZX) and SPDR Gold Trust (GLD). 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. GLD - Dividend Comparison
PDBZX's dividend yield for the trailing twelve months is around 4.79%, while GLD has not paid dividends to shareholders.
| 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% |
GLD SPDR Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PDBZX vs. GLD - Drawdown Comparison
The maximum PDBZX drawdown since its inception was -20.32%, smaller than the maximum GLD drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for PDBZX and GLD. For additional features, visit the drawdowns tool.
Volatility
PDBZX vs. GLD - Volatility Comparison
The current volatility for PGIM Total Return Bond Fund Class Z (PDBZX) is 1.57%, while SPDR Gold Trust (GLD) has a volatility of 5.43%. This indicates that PDBZX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.