PGKZX vs. FSMDX
Compare and contrast key facts about PGIM Jennison Technology Fund (PGKZX) and Fidelity Mid Cap Index Fund (FSMDX).
PGKZX is managed by PGIM Investments. It was launched on Jun 18, 2018. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGKZX or FSMDX.
Correlation
The correlation between PGKZX and FSMDX is 0.74, 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
PGKZX vs. FSMDX - Performance Comparison
Key characteristics
PGKZX:
0.72
FSMDX:
1.09
PGKZX:
1.10
FSMDX:
1.56
PGKZX:
1.14
FSMDX:
1.19
PGKZX:
1.06
FSMDX:
1.62
PGKZX:
3.25
FSMDX:
4.35
PGKZX:
6.03%
FSMDX:
3.31%
PGKZX:
27.35%
FSMDX:
13.23%
PGKZX:
-53.20%
FSMDX:
-40.35%
PGKZX:
-8.03%
FSMDX:
-6.57%
Returns By Period
In the year-to-date period, PGKZX achieves a 0.33% return, which is significantly lower than FSMDX's 1.72% return.
PGKZX
0.33%
-6.65%
4.69%
15.42%
14.95%
N/A
FSMDX
1.72%
-2.80%
3.82%
12.97%
8.64%
8.14%
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PGKZX vs. FSMDX - Expense Ratio Comparison
PGKZX has a 0.85% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Risk-Adjusted Performance
PGKZX vs. FSMDX — Risk-Adjusted Performance Rank
PGKZX
FSMDX
PGKZX vs. FSMDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Technology Fund (PGKZX) and Fidelity Mid Cap Index Fund (FSMDX). 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.
Dividends
PGKZX vs. FSMDX - Dividend Comparison
PGKZX has not paid dividends to shareholders, while FSMDX's dividend yield for the trailing twelve months is around 1.15%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGKZX PGIM Jennison Technology Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
FSMDX Fidelity Mid Cap Index Fund | 1.15% | 1.17% | 1.39% | 1.59% | 1.10% | 1.37% | 1.42% | 1.85% | 1.32% | 1.35% | 2.29% | 3.82% |
Drawdowns
PGKZX vs. FSMDX - Drawdown Comparison
The maximum PGKZX drawdown since its inception was -53.20%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for PGKZX and FSMDX. For additional features, visit the drawdowns tool.
Volatility
PGKZX vs. FSMDX - Volatility Comparison
PGIM Jennison Technology Fund (PGKZX) has a higher volatility of 9.58% compared to Fidelity Mid Cap Index Fund (FSMDX) at 3.51%. This indicates that PGKZX's price experiences larger fluctuations and is considered to be riskier than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.