PDBZX vs. PYLD
Compare and contrast key facts about PGIM Total Return Bond Fund Class Z (PDBZX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD).
PDBZX is managed by PGIM Investments. It was launched on Jan 14, 1997. PYLD is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDBZX or PYLD.
Key characteristics
| PDBZX | PYLD | |
|---|---|---|
| YTD Return | 2.84% | 6.44% |
| 1Y Return | 9.23% | 11.68% |
| Sharpe Ratio | 1.56 | 3.04 |
| Sortino Ratio | 2.27 | 4.60 |
| Omega Ratio | 1.28 | 1.63 |
| Calmar Ratio | 0.59 | 5.63 |
| Martin Ratio | 5.96 | 16.89 |
| Ulcer Index | 1.47% | 0.69% |
| Daily Std Dev | 5.60% | 3.84% |
| Max Drawdown | -20.32% | -4.52% |
| Current Drawdown | -7.03% | -1.43% |
Correlation
The correlation between PDBZX and PYLD is 0.87, 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. PYLD - Performance Comparison
In the year-to-date period, PDBZX achieves a 2.84% return, which is significantly lower than PYLD's 6.44% 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. PYLD - Expense Ratio Comparison
PDBZX has a 0.49% expense ratio, which is lower than PYLD's 0.55% expense ratio.
Risk-Adjusted Performance
PDBZX vs. PYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond Fund Class Z (PDBZX) and PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD). 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. PYLD - Dividend Comparison
PDBZX's dividend yield for the trailing twelve months is around 4.79%, less than PYLD's 5.74% 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% |
PYLD PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund | 5.74% | 2.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PDBZX vs. PYLD - Drawdown Comparison
The maximum PDBZX drawdown since its inception was -20.32%, which is greater than PYLD's maximum drawdown of -4.52%. Use the drawdown chart below to compare losses from any high point for PDBZX and PYLD. For additional features, visit the drawdowns tool.
Volatility
PDBZX vs. PYLD - Volatility Comparison
PGIM Total Return Bond Fund Class Z (PDBZX) has a higher volatility of 1.57% compared to PIMCO ETF Trust - PIMCO Multisector Bond Active Exchange-Traded Fund (PYLD) at 1.21%. This indicates that PDBZX's price experiences larger fluctuations and is considered to be riskier than PYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.