Correlation
The correlation between PGTQX and FADMX is 0.18, 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.
PGTQX vs. FADMX
Compare and contrast key facts about PGIM Global Total Return Fund - Class R6 (PGTQX) and Fidelity Strategic Income Fund (FADMX).
PGTQX is managed by PGIM Funds (Prudential). It was launched on Feb 3, 2012. FADMX is managed by Fidelity. It was launched on Oct 31, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGTQX or FADMX.
Performance
PGTQX vs. FADMX - Performance Comparison
Loading data...
Key characteristics
PGTQX:
1.52
FADMX:
1.82
PGTQX:
2.18
FADMX:
2.49
PGTQX:
1.28
FADMX:
1.32
PGTQX:
0.41
FADMX:
2.20
PGTQX:
3.07
FADMX:
6.47
PGTQX:
2.76%
FADMX:
0.99%
PGTQX:
5.76%
FADMX:
3.81%
PGTQX:
-32.59%
FADMX:
-15.84%
PGTQX:
-13.48%
FADMX:
-0.09%
Returns By Period
In the year-to-date period, PGTQX achieves a 6.62% return, which is significantly higher than FADMX's 1.92% return.
PGTQX
6.62%
0.38%
3.85%
8.14%
3.35%
-0.68%
2.09%
FADMX
1.92%
0.69%
0.80%
6.39%
4.61%
3.73%
N/A
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. FADMX - Expense Ratio Comparison
PGTQX has a 0.54% expense ratio, which is lower than FADMX's 0.66% expense ratio.
Risk-Adjusted Performance
PGTQX vs. FADMX — Risk-Adjusted Performance Rank
PGTQX
FADMX
PGTQX vs. FADMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Global Total Return Fund - Class R6 (PGTQX) and Fidelity Strategic Income Fund (FADMX). 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.
Loading data...
Dividends
PGTQX vs. FADMX - Dividend Comparison
PGTQX's dividend yield for the trailing twelve months is around 4.28%, more than FADMX's 3.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGTQX PGIM Global Total Return Fund - Class R6 | 4.28% | 4.73% | 4.03% | 4.24% | 3.65% | 3.94% | 6.16% | 3.69% | 3.43% | 4.02% | 3.85% | 4.57% |
FADMX Fidelity Strategic Income Fund | 3.75% | 4.21% | 4.32% | 3.80% | 4.65% | 4.57% | 4.34% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PGTQX vs. FADMX - Drawdown Comparison
The maximum PGTQX drawdown since its inception was -32.59%, which is greater than FADMX's maximum drawdown of -15.84%. Use the drawdown chart below to compare losses from any high point for PGTQX and FADMX.
Loading data...
Volatility
PGTQX vs. FADMX - Volatility Comparison
PGIM Global Total Return Fund - Class R6 (PGTQX) has a higher volatility of 1.67% compared to Fidelity Strategic Income Fund (FADMX) at 0.97%. This indicates that PGTQX's price experiences larger fluctuations and is considered to be riskier than FADMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...