PJIZX vs. DCINX

Last updated Jun 24, 2026

PJIZX (PGIM Quant Solutions International Equity Fund) and DCINX (Dunham International Stock Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, PJIZX returned 11.71%/yr vs 13.40%/yr for DCINX. Their correlation of 0.92 suggests significant overlap in exposure. PJIZX charges 1.04%/yr vs 2.92%/yr for DCINX.

Performance

PJIZX vs. DCINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Quant Solutions International Equity Fund (PJIZX) and Dunham International Stock Fund (DCINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJIZX achieves a 19.42% return, which is significantly lower than DCINX's 27.12% return. Over the past 10 years, PJIZX has underperformed DCINX with an annualized return of 11.71%, while DCINX has yielded a comparatively higher 13.40% annualized return.

PJIZX

• 1D: 0.88%
• 1M: 4.76%
• YTD: 19.42%
• 6M: 19.29%
• 1Y: 41.57%
• 3Y*: 27.11%
• 5Y*: 12.91%
• 10Y*: 11.71%

DCINX

• 1D: 0.65%
• 1M: 4.80%
• YTD: 27.12%
• 6M: 27.16%
• 1Y: 53.29%
• 3Y*: 29.54%
• 5Y*: 14.60%
• 10Y*: 13.40%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PJIZX vs. DCINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PJIZX PGIM Quant Solutions International Equity Fund	19.42%	41.41%	10.78%	19.44%	-17.70%	10.15%	6.90%	20.36%	-17.19%	28.46%
DCINX Dunham International Stock Fund	27.12%	46.37%	7.65%	15.98%	-14.67%	9.70%	19.86%	18.14%	-14.27%	24.40%

Correlation

The correlation between PJIZX and DCINX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Dec 10, 2004	0.92

The correlation between PJIZX and DCINX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

PJIZX vs. DCINX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PJIZX

PJIZX Risk / Return Rank: 80
PJIZX Sharpe Ratio Rank: 86
PJIZX Sortino Ratio Rank: 77
PJIZX Omega Ratio Rank: 80
PJIZX Calmar Ratio Rank: 80
PJIZX Martin Ratio Rank: 79

DCINX

DCINX Risk / Return Rank: 92
DCINX Sharpe Ratio Rank: 96
DCINX Sortino Ratio Rank: 89
DCINX Omega Ratio Rank: 88
DCINX Calmar Ratio Rank: 92
DCINX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PJIZX vs. DCINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Quant Solutions International Equity Fund (PJIZX) and Dunham International Stock Fund (DCINX). 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.

	PJIZX	DCINX	Difference
Sharpe ratio: Return per unit of total volatility	2.58	3.22	-0.64
Sortino ratio: Return per unit of downside risk	3.38	4.04	-0.66
Omega ratio: Gain probability vs. loss probability	1.48	1.58	-0.10
Calmar ratio: Return relative to maximum drawdown	3.46	4.58	-1.13
Martin ratio: Return relative to average drawdown	13.80	17.98	-4.18

PJIZX vs. DCINX - Sharpe Ratio Comparison

The current PJIZX Sharpe Ratio is 2.58, which is comparable to the DCINX Sharpe Ratio of 3.22. The chart below compares the historical Sharpe Ratios of PJIZX and DCINX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PJIZX vs. DCINX - Drawdown Comparison

The maximum PJIZX drawdown since its inception was -67.75%, which is greater than DCINX's maximum drawdown of -61.79%. Use the drawdown chart below to compare losses from any high point for PJIZX and DCINX.

Drawdown Indicators

	PJIZX	DCINX	Difference
Max Drawdown Largest peak-to-trough decline	-67.75%	-61.79%	-5.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-11.91%	-0.41%
Max Drawdown (3Y) Largest decline over 3 years	-13.53%	-13.74%	+0.21%
Max Drawdown (5Y) Largest decline over 5 years	-30.69%	-31.18%	+0.49%
Max Drawdown (10Y) Largest decline over 10 years	-39.42%	-37.28%	-2.14%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-23.69%	-12.82%	-10.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	3.03%	+0.05%

Volatility

PJIZX vs. DCINX - Volatility Comparison

PGIM Quant Solutions International Equity Fund (PJIZX) and Dunham International Stock Fund (DCINX) have volatilities of 6.88% and 7.12%, 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.

Volatility by Period

	PJIZX	DCINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.88%	7.12%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	14.54%	14.82%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	16.55%	17.01%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.71%	15.63%	+0.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	16.58%	-0.63%

PJIZX vs. DCINX - Expense Ratio Comparison

PJIZX has a 1.04% expense ratio, which is lower than DCINX's 2.92% expense ratio.

Dividends

PJIZX vs. DCINX - Dividend Comparison

PJIZX's dividend yield for the trailing twelve months is around 8.41%, less than DCINX's 8.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DCINX Dunham International Stock Fund	8.61%	10.95%	13.87%	3.45%	3.53%	15.49%	1.36%	1.54%	6.92%	3.92%	0.00%	0.00%
PJIZX PGIM Quant Solutions International Equity Fund	8.41%	10.05%	4.25%	4.25%	4.11%	11.66%	1.74%	2.73%	3.46%	1.98%	2.28%	1.99%

Frequently Asked Questions

Can I hold both PJIZX and DCINX in my portfolio?

With a correlation of 0.95, PJIZX and DCINX 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.

Which is riskier, PJIZX or DCINX?

DCINX has higher volatility (7.12%) compared to PJIZX (6.88%). In terms of maximum drawdown, PJIZX dropped -67.75% vs DCINX's -61.79%.

Which has better risk-adjusted returns?

DCINX currently has the higher Sharpe Ratio (3.22 vs 2.58), 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.