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PEGZX vs. PBSMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PEGZX vs. PBSMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Mid-Cap Growth Fund (PEGZX) and PGIM Short-Term Corporate Bond Fund (PBSMX). The values are adjusted to include any dividend payments, if applicable.

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PEGZX vs. PBSMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PEGZX
PGIM Jennison Mid-Cap Growth Fund
-11.28%-2.39%11.98%20.63%-23.79%11.59%42.90%112.92%-8.31%22.63%
PBSMX
PGIM Short-Term Corporate Bond Fund
-0.49%6.41%4.25%5.98%-7.06%-0.71%5.16%6.47%0.35%1.86%

Returns By Period

In the year-to-date period, PEGZX achieves a -11.28% return, which is significantly lower than PBSMX's -0.49% return. Over the past 10 years, PEGZX has outperformed PBSMX with an annualized return of 13.51%, while PBSMX has yielded a comparatively lower 2.23% annualized return.


PEGZX

1D
-0.98%
1M
-9.60%
YTD
-11.28%
6M
-15.33%
1Y
-0.67%
3Y*
2.54%
5Y*
-0.32%
10Y*
13.51%

PBSMX

1D
0.19%
1M
-1.47%
YTD
-0.49%
6M
0.65%
1Y
3.94%
3Y*
4.66%
5Y*
1.71%
10Y*
2.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PEGZX vs. PBSMX - Expense Ratio Comparison

Both PEGZX and PBSMX have an expense ratio of 0.71%.


Return for Risk

PEGZX vs. PBSMX — Risk / Return Rank

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

PEGZX
PEGZX Risk / Return Rank: 55
Overall Rank
PEGZX Sharpe Ratio Rank: 55
Sharpe Ratio Rank
PEGZX Sortino Ratio Rank: 55
Sortino Ratio Rank
PEGZX Omega Ratio Rank: 55
Omega Ratio Rank
PEGZX Calmar Ratio Rank: 44
Calmar Ratio Rank
PEGZX Martin Ratio Rank: 44
Martin Ratio Rank

PBSMX
PBSMX Risk / Return Rank: 9292
Overall Rank
PBSMX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PBSMX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PBSMX Omega Ratio Rank: 9191
Omega Ratio Rank
PBSMX Calmar Ratio Rank: 9292
Calmar Ratio Rank
PBSMX Martin Ratio Rank: 9292
Martin Ratio Rank
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.

PEGZX vs. PBSMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Mid-Cap Growth Fund (PEGZX) and PGIM Short-Term Corporate Bond Fund (PBSMX). 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.


PEGZXPBSMXDifference

Sharpe ratio

Return per unit of total volatility

-0.05

1.92

-1.97

Sortino ratio

Return per unit of downside risk

0.09

3.03

-2.94

Omega ratio

Gain probability vs. loss probability

1.01

1.42

-0.40

Calmar ratio

Return relative to maximum drawdown

-0.17

2.76

-2.93

Martin ratio

Return relative to average drawdown

-0.54

10.84

-11.38

PEGZX vs. PBSMX - Sharpe Ratio Comparison

The current PEGZX Sharpe Ratio is -0.05, which is lower than the PBSMX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of PEGZX and PBSMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PEGZXPBSMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.05

1.92

-1.97

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.01

0.60

-0.62

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

0.86

-0.37

Sharpe Ratio (All Time)

Calculated using the full available price history

0.43

1.60

-1.17

Correlation

The correlation between PEGZX and PBSMX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PEGZX vs. PBSMX - Dividend Comparison

PEGZX's dividend yield for the trailing twelve months is around 9.14%, more than PBSMX's 3.51% yield.


TTM20252024202320222021202020192018201720162015
PEGZX
PGIM Jennison Mid-Cap Growth Fund
9.14%8.11%4.84%3.08%1.39%29.97%36.38%68.39%40.45%13.28%6.40%8.82%
PBSMX
PGIM Short-Term Corporate Bond Fund
3.51%3.74%3.00%2.65%2.02%1.79%2.22%2.57%2.57%2.40%2.40%2.56%

Drawdowns

PEGZX vs. PBSMX - Drawdown Comparison

The maximum PEGZX drawdown since its inception was -70.78%, which is greater than PBSMX's maximum drawdown of -10.70%. Use the drawdown chart below to compare losses from any high point for PEGZX and PBSMX.


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Drawdown Indicators


PEGZXPBSMXDifference

Max Drawdown

Largest peak-to-trough decline

-70.78%

-10.70%

-60.08%

Max Drawdown (1Y)

Largest decline over 1 year

-17.25%

-1.65%

-15.60%

Max Drawdown (5Y)

Largest decline over 5 years

-36.37%

-10.70%

-25.67%

Max Drawdown (10Y)

Largest decline over 10 years

-36.37%

-10.70%

-25.67%

Current Drawdown

Current decline from peak

-19.99%

-1.47%

-18.52%

Average Drawdown

Average peak-to-trough decline

-17.33%

-0.88%

-16.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.51%

0.42%

+5.09%

Volatility

PEGZX vs. PBSMX - Volatility Comparison

PGIM Jennison Mid-Cap Growth Fund (PEGZX) has a higher volatility of 5.96% compared to PGIM Short-Term Corporate Bond Fund (PBSMX) at 0.66%. This indicates that PEGZX's price experiences larger fluctuations and is considered to be riskier than PBSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PEGZXPBSMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.96%

0.66%

+5.30%

Volatility (6M)

Calculated over the trailing 6-month period

12.05%

1.32%

+10.73%

Volatility (1Y)

Calculated over the trailing 1-year period

22.05%

2.29%

+19.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.21%

2.86%

+19.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

27.90%

2.62%

+25.28%