PJIZX vs. DFVIX

Last updated Aug 1, 2026

PJIZX (PGIM Quant Solutions International Equity Fund) and DFVIX (DFA International Value III Portfolio) are both Foreign Large Cap Equities funds. Over the past 10 years, PJIZX returned 10.29%/yr vs 12.83%/yr for DFVIX. Their correlation of 0.89 means they have usually moved in the same direction. PJIZX charges 1.04%/yr vs 0.24%/yr for DFVIX.

Performance

PJIZX vs. DFVIX - Performance Comparison

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

Returns By Period

In the year-to-date period, PJIZX achieves a 13.36% return, which is significantly lower than DFVIX's 17.22% return. Over the past 10 years, PJIZX has underperformed DFVIX with an annualized return of 10.29%, while DFVIX has yielded a comparatively higher 12.83% annualized return.

PJIZX

• 1D: 3.33%
• 1M: -0.73%
• 6M: 6.16%
• YTD: 13.36%
• 1Y: 31.88%
• 3Y*: 22.53%
• 5Y*: 11.79%
• 10Y*: 10.29%
• ALL TIME*: 3.18%

DFVIX

• 1D: 2.64%
• 1M: 5.00%
• 6M: 10.51%
• YTD: 17.22%
• 1Y: 38.38%
• 3Y*: 22.79%
• 5Y*: 17.17%
• 10Y*: 12.83%
• ALL TIME*: 8.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DFVIX DFA International Value III Portfolio	$0.00	$0.00	$0.00
PJIZX PGIM Quant Solutions International Equity Fund	$0.00	$0.00	$0.00

PJIZX vs. DFVIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PJIZX PGIM Quant Solutions International Equity Fund	13.36%	41.41%	10.78%	19.44%	-17.70%	10.15%	6.90%	20.36%	-17.19%	28.46%
DFVIX DFA International Value III Portfolio	17.22%	44.85%	6.86%	17.89%	-3.41%	23.59%	-1.96%	15.85%	-17.29%	26.23%

Correlation

The correlation between PJIZX and DFVIX is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Feb 29, 2000	0.89

The correlation between PJIZX and DFVIX has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

Return for Risk

PJIZX vs. DFVIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PJIZX

PJIZX Risk / Return Rank: 69
PJIZX Sharpe Ratio Rank: 70
PJIZX Sortino Ratio Rank: 64
PJIZX Omega Ratio Rank: 69
PJIZX Calmar Ratio Rank: 73
PJIZX Martin Ratio Rank: 66

DFVIX

DFVIX Risk / Return Rank: 94
DFVIX Sharpe Ratio Rank: 96
DFVIX Sortino Ratio Rank: 93
DFVIX Omega Ratio Rank: 90
DFVIX Calmar Ratio Rank: 94
DFVIX Martin Ratio Rank: 95

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PJIZX vs. DFVIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Quant Solutions International Equity Fund (PJIZX) and DFA International Value III Portfolio (DFVIX). 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	DFVIX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.69	-0.98
Sortino ratio: Return per unit of downside risk	2.32	3.66	-1.34
Omega ratio: Gain probability vs. loss probability	1.32	1.48	-0.16
Calmar ratio: Return relative to maximum drawdown	2.47	3.97	-1.50
Martin ratio: Return relative to average drawdown	8.78	15.53	-6.75

PJIZX vs. DFVIX - Sharpe Ratio Comparison

The current PJIZX Sharpe Ratio is 1.70, which is lower than the DFVIX Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of PJIZX and DFVIX, 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. DFVIX - Drawdown Comparison

The maximum PJIZX drawdown since its inception was -67.75%, roughly equal to the maximum DFVIX drawdown of -66.53%. Use the drawdown chart below to compare losses from any high point for PJIZX and DFVIX.

Drawdown Indicators

	PJIZX	DFVIX	Difference
Max Drawdown Largest peak-to-trough decline	-67.75%	-66.53%	-1.22%
Max Drawdown (1Y) Largest decline over 1 year	-12.32%	-9.53%	-2.79%
Max Drawdown (3Y) Largest decline over 3 years	-13.53%	-14.68%	+1.15%
Max Drawdown (5Y) Largest decline over 5 years	-30.69%	-25.26%	-5.43%
Max Drawdown (10Y) Largest decline over 10 years	-39.42%	-47.89%	+8.47%
Current Drawdown Current decline from peak	-5.07%	0.00%	-5.07%
Average Drawdown Average peak-to-trough decline	-23.62%	-12.21%	-11.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.46%	2.43%	+1.03%

Volatility

PJIZX vs. DFVIX - Volatility Comparison

PGIM Quant Solutions International Equity Fund (PJIZX) has a higher volatility of 6.62% compared to DFA International Value III Portfolio (DFVIX) at 4.26%. This indicates that PJIZX's price experiences larger fluctuations and is considered to be riskier than DFVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJIZX	DFVIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.62%	4.26%	+2.36%
Volatility (6M) Calculated over the trailing 6-month period	16.11%	11.73%	+4.38%
Volatility (1Y) Calculated over the trailing 1-year period	17.90%	14.17%	+3.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.99%	16.43%	-0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.90%	17.76%	-1.86%

PJIZX vs. DFVIX - Expense Ratio Comparison

PJIZX has a 1.04% expense ratio, which is higher than DFVIX's 0.24% expense ratio.

Dividends

PJIZX vs. DFVIX - Dividend Comparison

PJIZX's dividend yield for the trailing twelve months is around 8.86%, more than DFVIX's 3.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFVIX DFA International Value III Portfolio	3.69%	4.09%	4.16%	4.44%	3.82%	7.97%	2.25%	3.53%	6.16%	3.02%	3.43%	5.84%
PJIZX PGIM Quant Solutions International Equity Fund	8.86%	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 DFVIX in my portfolio?

PJIZX and DFVIX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PJIZX or DFVIX?

PJIZX has higher volatility (6.62%) compared to DFVIX (4.26%). In terms of maximum drawdown, PJIZX dropped -67.75% vs DFVIX's -66.53%.

Which has better risk-adjusted returns?

DFVIX currently has the higher Sharpe Ratio (2.69 vs 1.70), 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.