PDEJX vs. PDBZX
PDEJX (Prudential Day One 2025 Fund) and PDBZX (PGIM Total Return Bond Fund Class Z) are both mutual funds - PDEJX is a Target Retirement Date fund managed by PGIM, while PDBZX is a Intermediate Core-Plus Bond fund managed by PGIM. Over the past 5 years, PDEJX returned 6.99%/yr vs 0.13%/yr for PDBZX. Their 0.28 correlation means their historical movements had little consistent relationship. PDEJX charges 0.00%/yr vs 0.49%/yr for PDBZX.
Performance
PDEJX vs. PDBZX - Performance Comparison
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Returns By Period
In the year-to-date period, PDEJX achieves a 6.27% return, which is significantly higher than PDBZX's -0.50% return.
PDEJX
- 1D
- 0.70%
- 1M
- 0.17%
- 6M
- 4.35%
- YTD
- 6.27%
- 1Y
- 12.23%
- 3Y*
- 12.85%
- 5Y*
- 6.99%
- 10Y*
- —
- ALL TIME*
- 8.11%
PDBZX
- 1D
- 0.00%
- 1M
- -1.25%
- 6M
- -0.88%
- YTD
- -0.50%
- 1Y
- 2.22%
- 3Y*
- 4.72%
- 5Y*
- 0.13%
- 10Y*
- 2.49%
- ALL TIME*
- 4.85%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PDEJX vs. PDBZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDEJX Prudential Day One 2025 Fund | 6.27% | 11.91% | 17.34% | 11.21% | -12.30% | 12.90% | 9.30% | 16.82% | -4.47% | 12.48% |
PDBZX PGIM Total Return Bond Fund Class Z | -0.50% | 7.70% | 2.87% | 7.70% | -14.33% | -1.46% | 8.01% | 14.76% | -0.72% | 6.60% |
Correlation
The correlation between PDEJX and PDBZX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.56 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.45 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.28 |
Over the past year, PDEJX and PDBZX have become more correlated (0.56) than their long-term average of 0.28, meaning their price movements have been converging.
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Return for Risk
PDEJX vs. PDBZX — Risk / Return Rank
PDEJX
PDBZX
PDEJX vs. PDBZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2025 Fund (PDEJX) and PGIM Total Return Bond Fund Class Z (PDBZX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PDEJX | PDBZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.52 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.15 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 1.17 | +1.45 |
| Martin ratioReturn relative to average drawdown | 12.12 | 2.92 | +9.20 |
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Drawdowns
PDEJX vs. PDBZX - Drawdown Comparison
The maximum PDEJX drawdown since its inception was -20.45%, roughly equal to the maximum PDBZX drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for PDEJX and PDBZX.
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Drawdown Indicators
| PDEJX | PDBZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.45% | -20.88% | +0.43% |
Max Drawdown (1Y)Largest decline over 1 year | -4.45% | -3.00% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -6.83% | -4.85% | -1.98% |
Max Drawdown (5Y)Largest decline over 5 years | -16.83% | -20.75% | +3.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.88% | — |
Current DrawdownCurrent decline from peak | -0.35% | -2.49% | +2.14% |
Average DrawdownAverage peak-to-trough decline | -2.82% | -2.30% | -0.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 1.20% | -0.24% |
Volatility
PDEJX vs. PDBZX - Volatility Comparison
Prudential Day One 2025 Fund (PDEJX) has a higher volatility of 1.57% compared to PGIM Total Return Bond Fund Class Z (PDBZX) at 1.01%. This indicates that PDEJX's price experiences larger fluctuations and is considered to be riskier than PDBZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PDEJX | PDBZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.57% | 1.01% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 4.99% | 3.45% | +1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.09% | 4.22% | +1.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.91% | 6.05% | +2.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.79% | 5.38% | +3.41% |
PDEJX vs. PDBZX - Expense Ratio Comparison
PDEJX has a 0.00% expense ratio, which is lower than PDBZX's 0.49% expense ratio.
Dividends
PDEJX vs. PDBZX - Dividend Comparison
PDEJX's dividend yield for the trailing twelve months is around 5.30%, more than PDBZX's 4.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDBZX PGIM Total Return Bond Fund Class Z | 4.22% | 4.54% | 4.79% | 4.60% | 5.73% | 2.73% | 2.94% | 10.36% | 4.01% | 2.87% | 3.92% | 3.33% |
PDEJX Prudential Day One 2025 Fund | 5.30% | 5.63% | 20.16% | 3.66% | 7.83% | 10.79% | 2.42% | 5.03% | 4.61% | 1.68% | 0.00% | 0.00% |
Frequently Asked Questions
PDEJX and PDBZX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDEJX has higher volatility (1.57%) compared to PDBZX (1.01%). In terms of maximum drawdown, PDEJX dropped -20.45% vs PDBZX's -20.88%.
PDEJX currently has the higher Sharpe Ratio (1.92 vs 0.83), 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.
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