PDEZX vs. VWO
Compare and contrast key facts about PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) and Vanguard FTSE Emerging Markets ETF (VWO).
PDEZX is managed by PGIM Investments. It was launched on Sep 15, 2014. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PDEZX or VWO.
Key characteristics
| PDEZX | VWO | |
|---|---|---|
| YTD Return | 13.14% | 8.54% |
| 1Y Return | 31.60% | 15.03% |
| 3Y Return (Ann) | -8.79% | -1.66% |
| 5Y Return (Ann) | 8.35% | 5.40% |
| Sharpe Ratio | 2.05 | 1.12 |
| Daily Std Dev | 16.16% | 13.79% |
| Max Drawdown | -54.95% | -67.68% |
| Current Drawdown | -37.83% | -12.63% |
Correlation
The correlation between PDEZX and VWO is 0.81, 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
PDEZX vs. VWO - Performance Comparison
In the year-to-date period, PDEZX achieves a 13.14% return, which is significantly higher than VWO's 8.54% 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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PDEZX vs. VWO - Expense Ratio Comparison
PDEZX has a 1.05% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
PDEZX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) and Vanguard FTSE Emerging Markets ETF (VWO). 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
PDEZX vs. VWO - Dividend Comparison
PDEZX has not paid dividends to shareholders, while VWO's dividend yield for the trailing twelve months is around 3.27%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDEZX PGIM Jennison Emerging Markets Equity Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 3.27% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
PDEZX vs. VWO - Drawdown Comparison
The maximum PDEZX drawdown since its inception was -54.95%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for PDEZX and VWO. For additional features, visit the drawdowns tool.
Volatility
PDEZX vs. VWO - Volatility Comparison
PGIM Jennison Emerging Markets Equity Opportunities Fund (PDEZX) has a higher volatility of 5.20% compared to Vanguard FTSE Emerging Markets ETF (VWO) at 3.46%. This indicates that PDEZX's price experiences larger fluctuations and is considered to be riskier than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.