PDDDX vs. PHYQX

Last updated Apr 2, 2026

Compare and contrast key facts about Prudential Day One 2020 Fund (PDDDX) and PGIM High Yield Fund Class R6 (PHYQX).

PDDDX is managed by PGIM. It was launched on Dec 12, 2016. PHYQX is managed by PGIM. It was launched on Oct 31, 2011.

Performance

PDDDX vs. PHYQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prudential Day One 2020 Fund (PDDDX) and PGIM High Yield Fund Class R6 (PHYQX). The values are adjusted to include any dividend payments, if applicable.

PDDDX vs. PHYQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDDDX Prudential Day One 2020 Fund	0.77%	10.40%	15.97%	9.52%	-12.63%	36.80%	8.13%	14.99%	-4.65%	10.17%
PHYQX PGIM High Yield Fund Class R6	-0.77%	9.18%	8.55%	12.34%	-12.22%	5.99%	5.79%	16.29%	-1.18%	7.54%

Returns By Period

In the year-to-date period, PDDDX achieves a 0.77% return, which is significantly higher than PHYQX's -0.77% return.

PDDDX

• 1D: 1.16%
• 1M: -2.33%
• YTD: 0.77%
• 6M: 1.81%
• 1Y: 9.25%
• 3Y*: 10.93%
• 5Y*: 10.53%
• 10Y*: —

PHYQX

• 1D: 0.63%
• 1M: -1.65%
• YTD: -0.77%
• 6M: 0.27%
• 1Y: 6.48%
• 3Y*: 8.63%
• 5Y*: 3.93%
• 10Y*: 5.88%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PDDDX vs. PHYQX - Expense Ratio Comparison

PDDDX has a 0.76% expense ratio, which is higher than PHYQX's 0.38% expense ratio.

PDDDX

Prudential Day One 2020 Fund

PHYQX

PGIM High Yield Fund Class R6

Return for Risk

PDDDX vs. PHYQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PDDDX

PDDDX Risk / Return Rank: 76
PDDDX Sharpe Ratio Rank: 75
PDDDX Sortino Ratio Rank: 76
PDDDX Omega Ratio Rank: 76
PDDDX Calmar Ratio Rank: 71
PDDDX Martin Ratio Rank: 82

PHYQX

PHYQX Risk / Return Rank: 89
PHYQX Sharpe Ratio Rank: 88
PHYQX Sortino Ratio Rank: 91
PHYQX Omega Ratio Rank: 91
PHYQX Calmar Ratio Rank: 89
PHYQX Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PDDDX vs. PHYQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2020 Fund (PDDDX) and PGIM High Yield Fund Class R6 (PHYQX). 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.

	PDDDX	PHYQX	Difference
Sharpe ratio Return per unit of total volatility	1.43	1.79	-0.36
Sortino ratio Return per unit of downside risk	2.03	2.67	-0.64
Omega ratio Gain probability vs. loss probability	1.31	1.42	-0.12
Calmar ratio Return relative to maximum drawdown	1.83	2.43	-0.60
Martin ratio Return relative to average drawdown	8.88	9.84	-0.97
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDDDX vs. PHYQX - Sharpe Ratio Comparison

The current PDDDX Sharpe Ratio is 1.43, which is comparable to the PHYQX Sharpe Ratio of 1.79. The chart below compares the historical Sharpe Ratios of PDDDX and PHYQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PDDDX	PHYQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	1.79	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.77	0.78	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.08	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.78	1.12	-0.33

Correlation

The correlation between PDDDX and PHYQX is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PDDDX vs. PHYQX - Dividend Comparison

PDDDX's dividend yield for the trailing twelve months is around 4.02%, less than PHYQX's 6.58% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PDDDX Prudential Day One 2020 Fund	4.02%	4.05%	19.73%	3.22%	8.41%	28.05%	1.91%	3.76%	3.05%	0.86%	0.00%	0.00%
PHYQX PGIM High Yield Fund Class R6	6.58%	7.07%	7.53%	7.09%	6.29%	6.23%	6.56%	6.32%	6.64%	6.38%	4.88%	7.05%

Drawdowns

PDDDX vs. PHYQX - Drawdown Comparison

The maximum PDDDX drawdown since its inception was -18.88%, smaller than the maximum PHYQX drawdown of -21.12%. Use the drawdown chart below to compare losses from any high point for PDDDX and PHYQX.

Drawdown Indicators

	PDDDX	PHYQX	Difference
Max Drawdown Largest peak-to-trough decline	-18.88%	-21.12%	+2.24%
Max Drawdown (1Y) Largest decline over 1 year	-5.29%	-2.94%	-2.35%
Max Drawdown (5Y) Largest decline over 5 years	-16.64%	-16.05%	-0.59%
Max Drawdown (10Y) Largest decline over 10 years	—	-21.12%	—
Current Drawdown Current decline from peak	-2.60%	-1.86%	-0.74%
Average Drawdown Average peak-to-trough decline	-3.06%	-2.25%	-0.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	0.72%	+0.37%

Volatility

PDDDX vs. PHYQX - Volatility Comparison

Prudential Day One 2020 Fund (PDDDX) has a higher volatility of 2.43% compared to PGIM High Yield Fund Class R6 (PHYQX) at 1.41%. This indicates that PDDDX's price experiences larger fluctuations and is considered to be riskier than PHYQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDDDX	PHYQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.43%	1.41%	+1.02%
Volatility (6M) Calculated over the trailing 6-month period	3.72%	2.46%	+1.26%
Volatility (1Y) Calculated over the trailing 1-year period	6.65%	3.78%	+2.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.75%	5.05%	+8.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.45%	5.47%	+5.98%