PGTQX vs. AAFTX
Compare and contrast key facts about PGIM Global Total Return Fund - Class R6 (PGTQX) and American Funds 2035 Target Date Retirement Fund (AAFTX).
PGTQX is managed by PGIM Funds (Prudential). It was launched on Feb 3, 2012. AAFTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGTQX or AAFTX.
Key characteristics
| PGTQX | AAFTX | |
|---|---|---|
| YTD Return | 5.85% | 12.02% |
| 1Y Return | 13.76% | 20.60% |
| 3Y Return (Ann) | -3.88% | 3.98% |
| 5Y Return (Ann) | -0.95% | 9.51% |
| 10Y Return (Ann) | 1.54% | 8.45% |
| Sharpe Ratio | 2.26 | 2.24 |
| Daily Std Dev | 5.98% | 9.06% |
| Max Drawdown | -32.61% | -48.60% |
| Current Drawdown | -14.62% | -0.30% |
Correlation
The correlation between PGTQX and AAFTX is 0.21, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PGTQX vs. AAFTX - Performance Comparison
In the year-to-date period, PGTQX achieves a 5.85% return, which is significantly lower than AAFTX's 12.02% return. Over the past 10 years, PGTQX has underperformed AAFTX with an annualized return of 1.54%, while AAFTX has yielded a comparatively higher 8.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PGTQX vs. AAFTX - Expense Ratio Comparison
PGTQX has a 0.54% expense ratio, which is higher than AAFTX's 0.33% expense ratio.
Risk-Adjusted Performance
PGTQX vs. AAFTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Global Total Return Fund - Class R6 (PGTQX) and American Funds 2035 Target Date Retirement Fund (AAFTX). 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
PGTQX vs. AAFTX - Dividend Comparison
PGTQX's dividend yield for the trailing twelve months is around 3.64%, more than AAFTX's 2.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTQX PGIM Global Total Return Fund - Class R6 | 3.64% | 4.02% | 4.24% | 3.63% | 3.93% | 6.17% | 3.53% | 3.43% | 4.02% | 3.85% | 4.57% | 4.76% |
AAFTX American Funds 2035 Target Date Retirement Fund | 2.33% | 2.61% | 5.43% | 5.25% | 3.53% | 4.21% | 4.80% | 2.38% | 3.52% | 5.63% | 4.70% | 3.29% |
Drawdowns
PGTQX vs. AAFTX - Drawdown Comparison
The maximum PGTQX drawdown since its inception was -32.61%, smaller than the maximum AAFTX drawdown of -48.60%. Use the drawdown chart below to compare losses from any high point for PGTQX and AAFTX. For additional features, visit the drawdowns tool.
Volatility
PGTQX vs. AAFTX - Volatility Comparison
The current volatility for PGIM Global Total Return Fund - Class R6 (PGTQX) is 1.48%, while American Funds 2035 Target Date Retirement Fund (AAFTX) has a volatility of 2.62%. This indicates that PGTQX experiences smaller price fluctuations and is considered to be less risky than AAFTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.