PDKFX vs. PHYQX
PDKFX (Prudential Day One 2055 Fund) and PHYQX (PGIM High Yield Fund Class R6) are both mutual funds - PDKFX is a Target Retirement Date fund managed by PGIM, while PHYQX is a High Yield Bonds fund managed by PGIM. Over the past 5 years, PDKFX returned 11.96%/yr vs 3.72%/yr for PHYQX. Their 0.48 correlation means their historical movements had little consistent relationship. PDKFX charges 0.25%/yr vs 0.38%/yr for PHYQX.
Performance
PDKFX vs. PHYQX - Performance Comparison
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Returns By Period
In the year-to-date period, PDKFX achieves a 11.62% return, which is significantly higher than PHYQX's 1.16% return.
PDKFX
- 1D
- 1.93%
- 1M
- -0.29%
- 6M
- 8.02%
- YTD
- 11.62%
- 1Y
- 23.27%
- 3Y*
- 20.37%
- 5Y*
- 11.96%
- 10Y*
- —
- ALL TIME*
- 12.37%
PHYQX
- 1D
- 0.21%
- 1M
- -1.04%
- 6M
- 0.57%
- YTD
- 1.16%
- 1Y
- 4.25%
- 3Y*
- 8.09%
- 5Y*
- 3.72%
- 10Y*
- 5.52%
- ALL TIME*
- 5.76%
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 |
PDKFX vs. PHYQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDKFX Prudential Day One 2055 Fund | 11.62% | 19.18% | 26.86% | 18.21% | -15.57% | 19.61% | 11.32% | 24.02% | -9.36% | 21.14% |
PHYQX PGIM High Yield Fund Class R6 | 1.16% | 9.18% | 8.55% | 12.34% | -12.22% | 5.99% | 5.79% | 16.29% | -1.18% | 7.74% |
Correlation
The correlation between PDKFX and PHYQX is 0.58, 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. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.51 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.54 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.48 |
The correlation between PDKFX and PHYQX has been stable across timeframes, ranging from 0.48 to 0.58 - a consistent structural relationship.
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Return for Risk
PDKFX vs. PHYQX — Risk / Return Rank
PDKFX
PHYQX
PDKFX vs. PHYQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2055 Fund (PDKFX) 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.
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.
| PDKFX | PHYQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | -0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.31 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.98 | +0.28 |
| Martin ratioReturn relative to average drawdown | 9.83 | 8.30 | +1.52 |
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Drawdowns
PDKFX vs. PHYQX - Drawdown Comparison
The maximum PDKFX drawdown since its inception was -40.97%, which is greater than PHYQX's maximum drawdown of -21.12%. Use the drawdown chart below to compare losses from any high point for PDKFX and PHYQX.
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Drawdown Indicators
| PDKFX | PHYQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.97% | -21.12% | -19.85% |
Max Drawdown (1Y)Largest decline over 1 year | -9.40% | -2.47% | -6.93% |
Max Drawdown (3Y)Largest decline over 3 years | -15.34% | -3.76% | -11.58% |
Max Drawdown (5Y)Largest decline over 5 years | -40.97% | -16.05% | -24.92% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.12% | — |
Current DrawdownCurrent decline from peak | -1.22% | -1.04% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -10.43% | -2.21% | -8.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 0.59% | +1.57% |
Volatility
PDKFX vs. PHYQX - Volatility Comparison
Prudential Day One 2055 Fund (PDKFX) has a higher volatility of 3.79% compared to PGIM High Yield Fund Class R6 (PHYQX) at 0.67%. This indicates that PDKFX'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.
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Volatility by Period
| PDKFX | PHYQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 0.67% | +3.12% |
Volatility (6M)Calculated over the trailing 6-month period | 10.89% | 2.92% | +7.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.05% | 3.61% | +9.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.76% | 5.11% | +18.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.54% | 5.45% | +15.09% |
PDKFX vs. PHYQX - Expense Ratio Comparison
PDKFX has a 0.25% expense ratio, which is lower than PHYQX's 0.38% expense ratio.
Dividends
PDKFX vs. PHYQX - Dividend Comparison
PDKFX's dividend yield for the trailing twelve months is around 3.58%, less than PHYQX's 6.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDKFX Prudential Day One 2055 Fund | 3.58% | 3.99% | 24.13% | 3.12% | 5.29% | 31.77% | 2.00% | 4.97% | 6.17% | 2.01% | 0.00% | 0.00% |
PHYQX PGIM High Yield Fund Class R6 | 6.57% | 7.07% | 7.53% | 7.09% | 6.29% | 6.23% | 6.56% | 6.32% | 6.64% | 6.38% | 4.88% | 7.05% |
Frequently Asked Questions
PDKFX and PHYQX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PDKFX has higher volatility (3.79%) compared to PHYQX (0.67%). In terms of maximum drawdown, PDKFX dropped -40.97% vs PHYQX's -21.12%.
PDKFX currently has the higher Sharpe Ratio (1.63 vs 1.35), 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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