PQCMX vs. DBCMX

Last updated Jun 25, 2026

PQCMX (PGIM Quant Solutions Commodity Strategies Fund) and DBCMX (DoubleLine Strategic Commodity Fund) are both Commodities funds. Over the past 5 years, PQCMX returned 10.51%/yr vs 8.34%/yr for DBCMX. A 0.77 correlation means they provide meaningful diversification when combined. PQCMX charges 0.62%/yr vs 1.02%/yr for DBCMX.

Performance

PQCMX vs. DBCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Quant Solutions Commodity Strategies Fund (PQCMX) and DoubleLine Strategic Commodity Fund (DBCMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with PQCMX having a 19.88% return and DBCMX slightly lower at 19.81%.

PQCMX

• 1D: -1.07%
• 1M: -10.05%
• YTD: 19.88%
• 6M: 18.18%
• 1Y: 30.29%
• 3Y*: 12.50%
• 5Y*: 10.51%
• 10Y*: —

DBCMX

• 1D: -0.80%
• 1M: -7.88%
• YTD: 19.81%
• 6M: 20.25%
• 1Y: 26.75%
• 3Y*: 9.40%
• 5Y*: 8.34%
• 10Y*: 6.30%

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

PQCMX vs. DBCMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PQCMX PGIM Quant Solutions Commodity Strategies Fund	19.88%	13.62%	5.09%	-8.67%	19.10%	27.81%	-1.13%	8.78%	-12.07%	2.96%
DBCMX DoubleLine Strategic Commodity Fund	19.81%	6.10%	0.45%	-3.96%	13.40%	31.24%	-6.07%	4.78%	-10.65%	9.17%

Correlation

The correlation between PQCMX and DBCMX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017	0.77

The correlation between PQCMX and DBCMX has been stable across timeframes, ranging from 0.77 to 0.82 - a consistent structural relationship.

Return for Risk

PQCMX vs. DBCMX — Risk / Return Rank

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

PQCMX

PQCMX Risk / Return Rank: 38
PQCMX Sharpe Ratio Rank: 37
PQCMX Sortino Ratio Rank: 32
PQCMX Omega Ratio Rank: 36
PQCMX Calmar Ratio Rank: 38
PQCMX Martin Ratio Rank: 47

DBCMX

DBCMX Risk / Return Rank: 47
DBCMX Sharpe Ratio Rank: 46
DBCMX Sortino Ratio Rank: 43
DBCMX Omega Ratio Rank: 43
DBCMX Calmar Ratio Rank: 43
DBCMX Martin Ratio Rank: 61

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.

PQCMX vs. DBCMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Quant Solutions Commodity Strategies Fund (PQCMX) and DoubleLine Strategic Commodity Fund (DBCMX). 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.

	PQCMX	DBCMX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.80	-0.23
Sortino ratio: Return per unit of downside risk	2.08	2.46	-0.37
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.03
Calmar ratio: Return relative to maximum drawdown	2.13	2.36	-0.22
Martin ratio: Return relative to average drawdown	8.88	11.03	-2.14

PQCMX vs. DBCMX - Sharpe Ratio Comparison

The current PQCMX Sharpe Ratio is 1.57, which is comparable to the DBCMX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of PQCMX and DBCMX, 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

PQCMX vs. DBCMX - Drawdown Comparison

The maximum PQCMX drawdown since its inception was -33.00%, smaller than the maximum DBCMX drawdown of -37.62%. Use the drawdown chart below to compare losses from any high point for PQCMX and DBCMX.

Drawdown Indicators

	PQCMX	DBCMX	Difference
Max Drawdown Largest peak-to-trough decline	-33.00%	-37.62%	+4.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.70%	-10.64%	-2.06%
Max Drawdown (3Y) Largest decline over 3 years	-12.70%	-14.75%	+2.05%
Max Drawdown (5Y) Largest decline over 5 years	-26.78%	-27.60%	+0.82%
Max Drawdown (10Y) Largest decline over 10 years	—	-37.62%	—
Current Drawdown Current decline from peak	-12.70%	-10.64%	-2.06%
Average Drawdown Average peak-to-trough decline	-11.79%	-13.23%	+1.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	2.27%	+0.81%

Volatility

PQCMX vs. DBCMX - Volatility Comparison

PGIM Quant Solutions Commodity Strategies Fund (PQCMX) and DoubleLine Strategic Commodity Fund (DBCMX) have volatilities of 3.87% and 3.94%, 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

	PQCMX	DBCMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	3.94%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	15.33%	12.52%	+2.81%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	14.02%	+3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.03%	16.28%	+0.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.18%	14.63%	+0.55%

PQCMX vs. DBCMX - Expense Ratio Comparison

PQCMX has a 0.62% expense ratio, which is lower than DBCMX's 1.02% expense ratio.

Dividends

PQCMX vs. DBCMX - Dividend Comparison

PQCMX's dividend yield for the trailing twelve months is around 6.74%, more than DBCMX's 2.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DBCMX DoubleLine Strategic Commodity Fund	2.53%	3.04%	2.89%	3.30%	46.88%	13.53%	0.00%	1.04%	1.21%	5.23%	0.51%
PQCMX PGIM Quant Solutions Commodity Strategies Fund	6.74%	8.09%	4.14%	3.93%	31.36%	47.61%	0.00%	1.02%	3.02%	1.42%	0.00%

Frequently Asked Questions

Can I hold both PQCMX and DBCMX in my portfolio?

PQCMX and DBCMX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PQCMX or DBCMX?

DBCMX has higher volatility (3.94%) compared to PQCMX (3.87%). In terms of maximum drawdown, PQCMX dropped -33.00% vs DBCMX's -37.62%.

Which has better risk-adjusted returns?

DBCMX currently has the higher Sharpe Ratio (1.80 vs 1.57), 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.