PHYZX vs. RGHYX
Compare and contrast key facts about PGIM High Yield Fund Class Z (PHYZX) and RBC BlueBay High Yield Bond Fund (RGHYX).
PHYZX is an actively managed fund by PGIM. It was launched on Jan 22, 1990. RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011.
Performance
PHYZX vs. RGHYX - Performance Comparison
Loading graphics...
PHYZX vs. RGHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHYZX PGIM High Yield Fund Class Z | -1.41% | 9.04% | 8.37% | 12.23% | -12.31% | 5.83% | 7.73% | 16.14% | -1.25% | 7.79% |
RGHYX RBC BlueBay High Yield Bond Fund | -1.39% | 9.02% | 7.14% | 12.88% | -8.48% | 3.72% | 9.65% | 15.83% | -0.73% | 6.72% |
Returns By Period
The year-to-date returns for both investments are quite close, with PHYZX having a -1.41% return and RGHYX slightly higher at -1.39%. Both investments have delivered pretty close results over the past 10 years, with PHYZX having a 6.07% annualized return and RGHYX not far behind at 6.01%.
PHYZX
- 1D
- 0.00%
- 1M
- -2.47%
- YTD
- -1.41%
- 6M
- -0.20%
- 1Y
- 5.91%
- 3Y*
- 8.28%
- 5Y*
- 3.71%
- 10Y*
- 6.07%
RGHYX
- 1D
- 0.10%
- 1M
- -2.07%
- YTD
- -1.39%
- 6M
- -0.08%
- 1Y
- 6.54%
- 3Y*
- 8.04%
- 5Y*
- 4.25%
- 10Y*
- 6.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PHYZX vs. RGHYX - Expense Ratio Comparison
PHYZX has a 0.51% expense ratio, which is lower than RGHYX's 0.57% expense ratio.
Return for Risk
PHYZX vs. RGHYX — Risk / Return Rank
PHYZX
RGHYX
PHYZX vs. RGHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM High Yield Fund Class Z (PHYZX) and RBC BlueBay High Yield Bond Fund (RGHYX). 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.
| PHYZX | RGHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 1.97 | -0.26 |
Sortino ratioReturn per unit of downside risk | 2.54 | 2.62 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.47 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 1.82 | +0.26 |
Martin ratioReturn relative to average drawdown | 8.46 | 7.89 | +0.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| PHYZX | RGHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 1.97 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.98 | -0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.10 | 1.29 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.19 | 1.40 | -0.21 |
Correlation
The correlation between PHYZX and RGHYX is 0.76, 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.
Dividends
PHYZX vs. RGHYX - Dividend Comparison
PHYZX's dividend yield for the trailing twelve months is around 6.51%, less than RGHYX's 6.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHYZX PGIM High Yield Fund Class Z | 6.51% | 6.95% | 7.37% | 7.00% | 6.15% | 6.08% | 8.35% | 6.21% | 6.55% | 6.25% | 6.36% | 6.93% |
RGHYX RBC BlueBay High Yield Bond Fund | 6.67% | 6.68% | 6.91% | 6.22% | 6.04% | 5.29% | 5.54% | 4.88% | 6.79% | 3.88% | 4.44% | 4.38% |
Drawdowns
PHYZX vs. RGHYX - Drawdown Comparison
The maximum PHYZX drawdown since its inception was -28.57%, which is greater than RGHYX's maximum drawdown of -17.38%. Use the drawdown chart below to compare losses from any high point for PHYZX and RGHYX.
Loading graphics...
Drawdown Indicators
| PHYZX | RGHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.57% | -17.38% | -11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -2.93% | -3.07% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -16.09% | -12.79% | -3.30% |
Max Drawdown (10Y)Largest decline over 10 years | -21.09% | -17.38% | -3.71% |
Current DrawdownCurrent decline from peak | -2.47% | -2.55% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -1.49% | -1.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.72% | 0.75% | -0.03% |
Volatility
PHYZX vs. RGHYX - Volatility Comparison
PGIM High Yield Fund Class Z (PHYZX) and RBC BlueBay High Yield Bond Fund (RGHYX) have volatilities of 1.19% and 1.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PHYZX | RGHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.21% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.34% | 1.83% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.71% | 3.30% | +0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 4.34% | +0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 4.67% | +0.85% |