PQCNX vs. SSAFX
Compare and contrast key facts about PGIM Core Conservative Bond Fund (PQCNX) and State Street Aggregate Bond Index Portfolio (SSAFX).
PQCNX is managed by PGIM. It was launched on Nov 15, 2016. SSAFX is managed by State Street. It was launched on Sep 19, 2014.
Performance
PQCNX vs. SSAFX - Performance Comparison
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PQCNX vs. SSAFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PQCNX PGIM Core Conservative Bond Fund | -0.47% | 7.13% | 1.44% | 4.88% | -14.28% | -2.30% | 7.01% | 8.41% | -0.38% | 1.89% |
SSAFX State Street Aggregate Bond Index Portfolio | -0.18% | 6.81% | 1.34% | 5.61% | -13.30% | -1.72% | 978.57% | 8.69% | -0.12% | 3.38% |
Returns By Period
In the year-to-date period, PQCNX achieves a -0.47% return, which is significantly lower than SSAFX's -0.18% return.
PQCNX
- 1D
- 0.47%
- 1M
- -2.49%
- YTD
- -0.47%
- 6M
- 0.47%
- 1Y
- 3.81%
- 3Y*
- 3.23%
- 5Y*
- -0.26%
- 10Y*
- —
SSAFX
- 1D
- 0.53%
- 1M
- -1.96%
- YTD
- -0.18%
- 6M
- 0.82%
- 1Y
- 4.12%
- 3Y*
- 3.42%
- 5Y*
- 0.15%
- 10Y*
- 27.88%
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PQCNX vs. SSAFX - Expense Ratio Comparison
PQCNX has a 0.50% expense ratio, which is higher than SSAFX's 0.02% expense ratio.
Return for Risk
PQCNX vs. SSAFX — Risk / Return Rank
PQCNX
SSAFX
PQCNX vs. SSAFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Core Conservative Bond Fund (PQCNX) and State Street Aggregate Bond Index Portfolio (SSAFX). 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.
| PQCNX | SSAFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.04 | -0.07 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.49 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.18 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 1.96 | -0.29 |
Martin ratioReturn relative to average drawdown | 4.81 | 5.43 | -0.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PQCNX | SSAFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.04 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.04 | 0.02 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.10 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.24 | 0.09 | +0.15 |
Correlation
The correlation between PQCNX and SSAFX is 0.95, 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
PQCNX vs. SSAFX - Dividend Comparison
PQCNX's dividend yield for the trailing twelve months is around 3.88%, less than SSAFX's 4.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PQCNX PGIM Core Conservative Bond Fund | 3.88% | 4.17% | 3.91% | 2.74% | 1.98% | 2.13% | 3.13% | 2.71% | 2.66% | 0.97% | 0.00% | 0.00% |
SSAFX State Street Aggregate Bond Index Portfolio | 4.08% | 3.70% | 3.76% | 3.16% | 2.49% | 1.90% | 2.41% | 2.88% | 2.82% | 2.42% | 2.21% | 3.21% |
Drawdowns
PQCNX vs. SSAFX - Drawdown Comparison
The maximum PQCNX drawdown since its inception was -20.33%, which is greater than SSAFX's maximum drawdown of -18.74%. Use the drawdown chart below to compare losses from any high point for PQCNX and SSAFX.
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Drawdown Indicators
| PQCNX | SSAFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.33% | -18.74% | -1.59% |
Max Drawdown (1Y)Largest decline over 1 year | -2.94% | -2.52% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -19.42% | -18.10% | -1.32% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.74% | — |
Current DrawdownCurrent decline from peak | -5.38% | -3.20% | -2.18% |
Average DrawdownAverage peak-to-trough decline | -6.09% | -4.44% | -1.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.91% | +0.11% |
Volatility
PQCNX vs. SSAFX - Volatility Comparison
PGIM Core Conservative Bond Fund (PQCNX) has a higher volatility of 1.72% compared to State Street Aggregate Bond Index Portfolio (SSAFX) at 1.60%. This indicates that PQCNX's price experiences larger fluctuations and is considered to be riskier than SSAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PQCNX | SSAFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.72% | 1.60% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.76% | 2.50% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.58% | 4.20% | +0.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.09% | 5.92% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.12% | 277.46% | -272.34% |