PDLFX vs. PWJZX

Last updated Jun 4, 2026

PDLFX (Prudential Day One 2060 Fund) and PWJZX (PGIM Jennison International Opportunities Fund) are both mutual funds - PDLFX is a Target Retirement Date fund managed by PGIM, while PWJZX is a Foreign Large Cap Equities fund managed by PGIM. Over the past 5 years, PDLFX returned 11.42%/yr vs 3.04%/yr for PWJZX. A 0.79 correlation means they provide meaningful diversification when combined. PDLFX charges 0.25%/yr vs 0.90%/yr for PWJZX.

Performance

PDLFX vs. PWJZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prudential Day One 2060 Fund (PDLFX) and PGIM Jennison International Opportunities Fund (PWJZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PDLFX achieves a 12.62% return, which is significantly lower than PWJZX's 13.56% return.

PDLFX

• 1D: 0.40%
• 1M: 4.86%
• YTD: 12.62%
• 6M: 13.55%
• 1Y: 27.62%
• 3Y*: 21.43%
• 5Y*: 11.42%
• 10Y*: —

PWJZX

• 1D: 0.18%
• 1M: 10.53%
• YTD: 13.56%
• 6M: 12.03%
• 1Y: 15.78%
• 3Y*: 12.86%
• 5Y*: 3.04%
• 10Y*: 11.94%

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

PDLFX vs. PWJZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PDLFX Prudential Day One 2060 Fund	12.62%	19.51%	20.85%	18.36%	-15.54%	19.60%	11.42%	24.48%	-9.77%	20.76%
PWJZX PGIM Jennison International Opportunities Fund	13.56%	14.53%	6.84%	20.25%	-36.95%	13.27%	55.57%	38.16%	-12.93%	48.58%

Correlation

The correlation between PDLFX and PWJZX is 0.88, 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	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2017	0.79

The correlation between PDLFX and PWJZX has been stable across timeframes, ranging from 0.79 to 0.88 - a consistent structural relationship.

Return for Risk

PDLFX vs. PWJZX — Risk / Return Rank

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

PDLFX

PDLFX Risk / Return Rank: 61
PDLFX Sharpe Ratio Rank: 61
PDLFX Sortino Ratio Rank: 59
PDLFX Omega Ratio Rank: 58
PDLFX Calmar Ratio Rank: 59
PDLFX Martin Ratio Rank: 67

PWJZX

PWJZX Risk / Return Rank: 9
PWJZX Sharpe Ratio Rank: 9
PWJZX Sortino Ratio Rank: 9
PWJZX Omega Ratio Rank: 9
PWJZX Calmar Ratio Rank: 9
PWJZX Martin Ratio Rank: 10

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.

PDLFX vs. PWJZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prudential Day One 2060 Fund (PDLFX) and PGIM Jennison International Opportunities Fund (PWJZX). 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.

	PDLFX	PWJZX	Difference
Sharpe ratio Return per unit of total volatility	2.32	0.70	+1.61
Sortino ratio Return per unit of downside risk	3.24	1.14	+2.09
Omega ratio Gain probability vs. loss probability	1.43	1.14	+0.28
Calmar ratio Return relative to maximum drawdown	2.93	0.86	+2.07
Martin ratio Return relative to average drawdown	12.96	3.06	+9.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PDLFX vs. PWJZX - Sharpe Ratio Comparison

The current PDLFX Sharpe Ratio is 2.32, which is higher than the PWJZX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of PDLFX and PWJZX, 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

	PDLFX	PWJZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	0.70	+1.61
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.14	+0.59
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.49	+0.26

Drawdowns

PDLFX vs. PWJZX - Drawdown Comparison

The maximum PDLFX drawdown since its inception was -34.68%, smaller than the maximum PWJZX drawdown of -48.22%. Use the drawdown chart below to compare losses from any high point for PDLFX and PWJZX.

Drawdown Indicators

	PDLFX	PWJZX	Difference
Max Drawdown Largest peak-to-trough decline	-34.68%	-48.22%	+13.54%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-18.08%	+8.53%
Max Drawdown (3Y) Largest decline over 3 years	-15.51%	-20.18%	+4.67%
Max Drawdown (5Y) Largest decline over 5 years	-28.31%	-48.22%	+19.91%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.22%	—
Current Drawdown Current decline from peak	0.00%	-2.72%	+2.72%
Average Drawdown Average peak-to-trough decline	-5.93%	-13.05%	+7.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.16%	5.09%	-2.93%

Volatility

PDLFX vs. PWJZX - Volatility Comparison

The current volatility for Prudential Day One 2060 Fund (PDLFX) is 3.69%, while PGIM Jennison International Opportunities Fund (PWJZX) has a volatility of 9.75%. This indicates that PDLFX experiences smaller price fluctuations and is considered to be less risky than PWJZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PDLFX	PWJZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.69%	9.75%	-6.06%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	19.69%	-9.92%
Volatility (1Y) Calculated over the trailing 1-year period	12.11%	22.19%	-10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.87%	22.26%	-6.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.41%	21.05%	-4.64%

PDLFX vs. PWJZX - Expense Ratio Comparison

PDLFX has a 0.25% expense ratio, which is lower than PWJZX's 0.90% expense ratio.

Dividends

PDLFX vs. PWJZX - Dividend Comparison

PDLFX's dividend yield for the trailing twelve months is around 3.74%, more than PWJZX's 0.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PDLFX Prudential Day One 2060 Fund	3.74%	4.21%	15.72%	3.40%	8.15%	8.44%	1.43%	3.99%	4.65%	2.04%	0.00%
PWJZX PGIM Jennison International Opportunities Fund	0.16%	0.19%	0.07%	0.09%	0.00%	0.09%	0.00%	0.00%	0.06%	0.17%	0.24%

Frequently Asked Questions

Can I hold both PDLFX and PWJZX in my portfolio?

PDLFX and PWJZX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PDLFX or PWJZX?

PWJZX has higher volatility (9.75%) compared to PDLFX (3.69%). In terms of maximum drawdown, PDLFX dropped -34.68% vs PWJZX's -48.22%.

Which has better risk-adjusted returns?

PDLFX currently has the higher Sharpe Ratio (2.32 vs 0.70), 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.