PDEJX vs. AAAMX

Last updated Jun 6, 2026

PDEJX (Prudential Day One 2025 Fund) and AAAMX (American Century One Choice Blend+ 2020 Portfolio) are both Target Retirement Date funds. Over the past 5 years, PDEJX returned 7.45%/yr vs 4.32%/yr for AAAMX. With a 0.95 correlation, they move nearly in lockstep. PDEJX charges 0.00%/yr vs 0.57%/yr for AAAMX.

Performance

PDEJX vs. AAAMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prudential Day One 2025 Fund (PDEJX) and American Century One Choice Blend+ 2020 Portfolio (AAAMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PDEJX achieves a 6.37% return, which is significantly higher than AAAMX's 4.39% return.

PDEJX

• 1D: 0.26%
• 1M: 0.44%
• YTD: 6.37%
• 6M: 6.44%
• 1Y: 14.66%
• 3Y*: 14.14%
• 5Y*: 7.45%
• 10Y*: —

AAAMX

• 1D: 0.37%
• 1M: 0.64%
• YTD: 4.39%
• 6M: 4.79%
• 1Y: 12.52%
• 3Y*: 9.78%
• 5Y*: 4.32%
• 10Y*: —

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

PDEJX vs. AAAMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PDEJX Prudential Day One 2025 Fund	6.37%	11.91%	17.34%	11.21%	-12.30%	10.77%
AAAMX American Century One Choice Blend+ 2020 Portfolio	4.39%	11.63%	6.87%	10.81%	-13.19%	6.88%

Correlation

The correlation between PDEJX and AAAMX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 11, 2021	0.95

The correlation between PDEJX and AAAMX has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.

Return for Risk

PDEJX vs. AAAMX — Risk / Return Rank

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

PDEJX

PDEJX Risk / Return Rank: 80
PDEJX Sharpe Ratio Rank: 80
PDEJX Sortino Ratio Rank: 80
PDEJX Omega Ratio Rank: 78
PDEJX Calmar Ratio Rank: 75
PDEJX Martin Ratio Rank: 86

AAAMX

AAAMX Risk / Return Rank: 61
AAAMX Sharpe Ratio Rank: 62
AAAMX Sortino Ratio Rank: 65
AAAMX Omega Ratio Rank: 64
AAAMX Calmar Ratio Rank: 50
AAAMX Martin Ratio Rank: 61

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.

PDEJX vs. AAAMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2025 Fund (PDEJX) and American Century One Choice Blend+ 2020 Portfolio (AAAMX). 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.

	PDEJX	AAAMX	Difference
Sharpe ratio: Return per unit of total volatility	2.57	2.25	+0.32
Sortino ratio: Return per unit of downside risk	3.73	3.27	+0.46
Omega ratio: Gain probability vs. loss probability	1.50	1.43	+0.07
Calmar ratio: Return relative to maximum drawdown	3.26	2.62	+0.64
Martin ratio: Return relative to average drawdown	15.64	11.61	+4.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDEJX vs. AAAMX - Sharpe Ratio Comparison

The current PDEJX Sharpe Ratio is 2.57, which is comparable to the AAAMX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of PDEJX and AAAMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PDEJX	AAAMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.57	2.25	+0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.57	+0.28
Sharpe Ratio (All Time) Calculated using the full available price history	0.94	0.64	+0.30

Drawdowns

PDEJX vs. AAAMX - Drawdown Comparison

The maximum PDEJX drawdown since its inception was -20.45%, which is greater than AAAMX's maximum drawdown of -19.03%. Use the drawdown chart below to compare losses from any high point for PDEJX and AAAMX.

Drawdown Indicators

	PDEJX	AAAMX	Difference
Max Drawdown Largest peak-to-trough decline	-20.45%	-19.03%	-1.42%
Max Drawdown (1Y) Largest decline over 1 year	-4.45%	-4.72%	+0.27%
Max Drawdown (3Y) Largest decline over 3 years	-6.83%	-6.33%	-0.50%
Max Drawdown (5Y) Largest decline over 5 years	-16.83%	-19.03%	+2.20%
Current Drawdown Current decline from peak	-0.17%	-0.09%	-0.08%
Average Drawdown Average peak-to-trough decline	-2.86%	-4.83%	+1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	1.06%	-0.13%

Volatility

PDEJX vs. AAAMX - Volatility Comparison

Prudential Day One 2025 Fund (PDEJX) has a higher volatility of 1.82% compared to American Century One Choice Blend+ 2020 Portfolio (AAAMX) at 1.73%. This indicates that PDEJX's price experiences larger fluctuations and is considered to be riskier than AAAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDEJX	AAAMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.82%	1.73%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	4.57%	4.40%	+0.17%
Volatility (1Y) Calculated over the trailing 1-year period	5.65%	5.50%	+0.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.87%	7.67%	+1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.82%	7.59%	+1.23%

PDEJX vs. AAAMX - Expense Ratio Comparison

PDEJX has a 0.00% expense ratio, which is lower than AAAMX's 0.57% expense ratio.

Dividends

PDEJX vs. AAAMX - Dividend Comparison

PDEJX's dividend yield for the trailing twelve months is around 5.29%, more than AAAMX's 2.93% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAAMX American Century One Choice Blend+ 2020 Portfolio	2.93%	5.13%	3.20%	2.10%	2.85%	2.28%	0.00%	0.00%	0.00%	0.00%
PDEJX Prudential Day One 2025 Fund	5.29%	5.63%	20.16%	3.66%	7.83%	10.79%	2.42%	5.03%	4.61%	1.68%

Frequently Asked Questions

Can I hold both PDEJX and AAAMX in my portfolio?

With a correlation of 0.95, PDEJX and AAAMX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PDEJX or AAAMX?

PDEJX has higher volatility (1.82%) compared to AAAMX (1.73%). In terms of maximum drawdown, PDEJX dropped -20.45% vs AAAMX's -19.03%.

Which has better risk-adjusted returns?

PDEJX currently has the higher Sharpe Ratio (2.57 vs 2.25), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.