PEGZX vs. ^GSPC
Compare and contrast key facts about PGIM Jennison Mid-Cap Growth Fund (PEGZX) and S&P 500 (^GSPC).
PEGZX is managed by PGIM Investments. It was launched on Dec 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PEGZX or ^GSPC.
Correlation
The correlation between PEGZX and ^GSPC is 0.87, 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
PEGZX vs. ^GSPC - Performance Comparison
Key characteristics
PEGZX:
0.03
^GSPC:
1.62
PEGZX:
0.15
^GSPC:
2.20
PEGZX:
1.02
^GSPC:
1.30
PEGZX:
0.01
^GSPC:
2.46
PEGZX:
0.08
^GSPC:
10.01
PEGZX:
5.18%
^GSPC:
2.08%
PEGZX:
17.39%
^GSPC:
12.88%
PEGZX:
-74.30%
^GSPC:
-56.78%
PEGZX:
-53.40%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, PEGZX achieves a -2.94% return, which is significantly lower than ^GSPC's 2.24% return. Over the past 10 years, PEGZX has underperformed ^GSPC with an annualized return of -6.82%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
PEGZX
-2.94%
-8.64%
-1.98%
-0.38%
-5.00%
-6.82%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
PEGZX vs. ^GSPC — Risk-Adjusted Performance Rank
PEGZX
^GSPC
PEGZX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Mid-Cap Growth Fund (PEGZX) and S&P 500 (^GSPC). 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.
Drawdowns
PEGZX vs. ^GSPC - Drawdown Comparison
The maximum PEGZX drawdown since its inception was -74.30%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PEGZX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
PEGZX vs. ^GSPC - Volatility Comparison
PGIM Jennison Mid-Cap Growth Fund (PEGZX) has a higher volatility of 6.03% compared to S&P 500 (^GSPC) at 3.43%. This indicates that PEGZX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.