PGJZX vs. RGIYX
PGJZX (PGIM Jennison Global Infrastructure Fund) and RGIYX (Russell Investments Global Infrastructure Fund) are both Infrastructure Equities funds. Over the past 10 years, PGJZX returned 8.75%/yr vs 7.96%/yr for RGIYX. Their correlation of 0.92 means they have usually moved in the same direction. PGJZX charges 1.17%/yr vs 0.85%/yr for RGIYX.
Performance
PGJZX vs. RGIYX - Performance Comparison
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Returns By Period
In the year-to-date period, PGJZX achieves a 7.90% return, which is significantly lower than RGIYX's 10.16% return. Over the past 10 years, PGJZX has outperformed RGIYX with an annualized return of 8.75%, while RGIYX has yielded a comparatively lower 7.96% annualized return.
PGJZX
- 1D
- 0.05%
- 1M
- -2.36%
- 6M
- 3.01%
- YTD
- 7.90%
- 1Y
- 11.29%
- 3Y*
- 16.27%
- 5Y*
- 9.69%
- 10Y*
- 8.75%
- ALL TIME*
- 8.00%
RGIYX
- 1D
- -0.18%
- 1M
- -0.74%
- 6M
- 4.56%
- YTD
- 10.16%
- 1Y
- 13.43%
- 3Y*
- 14.96%
- 5Y*
- 9.61%
- 10Y*
- 7.96%
- ALL TIME*
- 8.17%
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 |
PGJZX vs. RGIYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PGJZX PGIM Jennison Global Infrastructure Fund | 7.90% | 18.41% | 17.13% | 5.85% | -7.82% | 15.06% | 1.98% | 28.89% | -8.57% | 18.81% |
RGIYX Russell Investments Global Infrastructure Fund | 10.16% | 20.07% | 9.96% | 6.94% | -2.95% | 12.44% | -3.37% | 27.98% | -9.87% | 18.96% |
Correlation
The correlation between PGJZX and RGIYX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.92 |
The correlation between PGJZX and RGIYX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
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Return for Risk
PGJZX vs. RGIYX — Risk / Return Rank
PGJZX
RGIYX
PGJZX vs. RGIYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Infrastructure Fund (PGJZX) and Russell Investments Global Infrastructure Fund (RGIYX). 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.
| PGJZX | RGIYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.26 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.49 | -0.68 |
| Martin ratioReturn relative to average drawdown | 5.15 | 7.53 | -2.38 |
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Drawdowns
PGJZX vs. RGIYX - Drawdown Comparison
The maximum PGJZX drawdown since its inception was -36.64%, smaller than the maximum RGIYX drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for PGJZX and RGIYX.
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Drawdown Indicators
| PGJZX | RGIYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.64% | -39.17% | +2.53% |
Max Drawdown (1Y)Largest decline over 1 year | -7.01% | -6.00% | -1.01% |
Max Drawdown (3Y)Largest decline over 3 years | -9.51% | -10.80% | +1.29% |
Max Drawdown (5Y)Largest decline over 5 years | -20.56% | -20.19% | -0.37% |
Max Drawdown (10Y)Largest decline over 10 years | -36.64% | -39.17% | +2.53% |
Current DrawdownCurrent decline from peak | -4.99% | -2.27% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -4.65% | -0.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 1.98% | +0.48% |
Volatility
PGJZX vs. RGIYX - Volatility Comparison
PGIM Jennison Global Infrastructure Fund (PGJZX) has a higher volatility of 2.86% compared to Russell Investments Global Infrastructure Fund (RGIYX) at 2.18%. This indicates that PGJZX's price experiences larger fluctuations and is considered to be riskier than RGIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PGJZX | RGIYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.86% | 2.18% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 9.51% | 8.52% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.17% | 10.23% | +0.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.36% | 13.53% | +0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.73% | 15.83% | -0.10% |
PGJZX vs. RGIYX - Expense Ratio Comparison
PGJZX has a 1.17% expense ratio, which is higher than RGIYX's 0.85% expense ratio.
Dividends
PGJZX vs. RGIYX - Dividend Comparison
PGJZX's dividend yield for the trailing twelve months is around 6.53%, less than RGIYX's 8.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGJZX PGIM Jennison Global Infrastructure Fund | 6.53% | 7.18% | 9.95% | 1.59% | 3.30% | 7.77% | 1.17% | 1.58% | 2.13% | 1.35% | 1.71% | 1.42% |
RGIYX Russell Investments Global Infrastructure Fund | 8.22% | 9.39% | 5.64% | 2.76% | 3.46% | 17.26% | 7.80% | 15.89% | 9.20% | 11.32% | 6.70% | 5.67% |
Frequently Asked Questions
With a correlation of 0.94, PGJZX and RGIYX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
PGJZX has higher volatility (2.86%) compared to RGIYX (2.18%). In terms of maximum drawdown, PGJZX dropped -36.64% vs RGIYX's -39.17%.
RGIYX currently has the higher Sharpe Ratio (1.46 vs 1.14), 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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