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PQTSX vs. EARRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

PQTSX vs. EARRX

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM TIPS Fund (PQTSX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX).

PQTSX is managed by PGIM. It was launched on Nov 14, 2016. EARRX is managed by Eaton Vance. It was launched on Mar 31, 2010.

Performance

PQTSX vs. EARRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM TIPS Fund (PQTSX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). The values are adjusted to include any dividend payments, if applicable.

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PQTSX vs. EARRX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PQTSX
PGIM TIPS Fund		0.12%6.58%1.74%2.34%-13.56%7.91%10.20%8.19%-1.64%0.92%
EARRX
Eaton Vance Short Duration Inflation-Protected Income Fund Class A		0.28%5.46%5.39%5.95%-3.22%7.50%5.05%5.29%-0.49%1.70%

Returns By Period

In the year-to-date period, PQTSX achieves a 0.12% return, which is significantly lower than EARRX's 0.28% return.

PQTSX

1D
0.60%
1M
-1.64%
YTD
0.12%
6M
0.04%
1Y
2.55%
3Y*
2.37%
5Y*
1.01%
10Y*
—

EARRX

1D
0.18%
1M
-0.21%
YTD
0.28%
6M
0.32%
1Y
2.98%
3Y*
4.81%
5Y*
3.78%
10Y*
3.60%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PGIM TIPS Fund

Eaton Vance Short Duration Inflation-Protected Income Fund Class A

Often compared with PQTSX:
PQTSX vs. VTAPXPQTSX vs. ^TNXPQTSX vs. CU71.LPQTSX vs. PZRMXPQTSX vs. PBHAXPQTSX vs. VTIPXPQTSX vs. TRBFX
Often compared with EARRX:
EARRX vs. RCTIXEARRX vs. SPIBEARRX vs. VTSPXEARRX vs. BIIPXEARRX vs. FFNYXEARRX vs. DFAAXEARRX vs. TIILX

PQTSX vs. EARRX - Expense Ratio Comparison

PQTSX has a 0.39% expense ratio, which is lower than EARRX's 0.85% expense ratio.

EARRX
Eaton Vance Short Duration Inflation-Protected Income Fund Class A
PQTSX
PGIM TIPS Fund

Return for Risk

PQTSX vs. EARRX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PQTSX
PQTSX Risk / Return Rank: 4444
Overall Rank
PQTSX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
PQTSX Sortino Ratio Rank: 3838
Sortino Ratio Rank
PQTSX Omega Ratio Rank: 3232
Omega Ratio Rank
PQTSX Calmar Ratio Rank: 6565
Calmar Ratio Rank
PQTSX Martin Ratio Rank: 4343
Martin Ratio Rank
EARRX
EARRX Risk / Return Rank: 8888
Overall Rank
EARRX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
EARRX Sortino Ratio Rank: 8686
Sortino Ratio Rank
EARRX Omega Ratio Rank: 8686
Omega Ratio Rank
EARRX Calmar Ratio Rank: 9292
Calmar Ratio Rank
EARRX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

PQTSX vs. EARRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM TIPS Fund (PQTSX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). 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.

PQTSXEARRXDifference

Sharpe ratio

Return per unit of total volatility

0.86

1.60

-0.75

Sortino ratio

Return per unit of downside risk

1.23

2.29

-1.06

Omega ratio

Gain probability vs. loss probability

1.16

1.36

-0.19

Calmar ratio

Return relative to maximum drawdown

1.51

2.76

-1.25

Martin ratio

Return relative to average drawdown

4.50

12.19

-7.69

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PQTSX vs. EARRX - Sharpe Ratio Comparison

The current PQTSX Sharpe Ratio is 0.86, which is lower than the EARRX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of PQTSX and EARRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

PQTSXEARRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.86

1.60

-0.75

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.16

1.37

-1.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

1.33

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

1.04

-0.65

Correlation

The correlation between PQTSX and EARRX is 0.59, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PQTSX vs. EARRX - Dividend Comparison

PQTSX's dividend yield for the trailing twelve months is around 3.84%, which matches EARRX's 3.87% yield.

TTM20252024202320222021202020192018201720162015
PQTSX
PGIM TIPS Fund		3.84%4.95%4.39%3.25%6.51%9.54%2.60%2.48%3.26%1.11%0.00%0.00%
EARRX
Eaton Vance Short Duration Inflation-Protected Income Fund Class A		3.87%4.36%3.83%4.24%4.82%3.32%2.02%2.46%2.67%1.90%2.00%1.73%

Drawdowns

PQTSX vs. EARRX - Drawdown Comparison

The maximum PQTSX drawdown since its inception was -16.40%, which is greater than EARRX's maximum drawdown of -10.27%. Use the drawdown chart below to compare losses from any high point for PQTSX and EARRX.

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Drawdown Indicators

PQTSXEARRXDifference

Max Drawdown

Largest peak-to-trough decline

-16.40%

-10.27%

-6.13%

Max Drawdown (1Y)

Largest decline over 1 year

-2.81%

-1.18%

-1.63%

Max Drawdown (5Y)

Largest decline over 5 years

-16.40%

-6.39%

-10.01%

Max Drawdown (10Y)

Largest decline over 10 years

—

-10.27%

—

Current Drawdown

Current decline from peak

-4.31%

-0.51%

-3.80%

Average Drawdown

Average peak-to-trough decline

-4.90%

-1.09%

-3.81%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.95%

0.27%

+0.68%

Volatility

PQTSX vs. EARRX - Volatility Comparison

PGIM TIPS Fund (PQTSX) has a higher volatility of 1.43% compared to Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX) at 0.58%. This indicates that PQTSX's price experiences larger fluctuations and is considered to be riskier than EARRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PQTSXEARRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.43%

0.58%

+0.85%

Volatility (6M)

Calculated over the trailing 6-month period

2.39%

1.05%

+1.34%

Volatility (1Y)

Calculated over the trailing 1-year period

4.42%

1.87%

+2.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.32%

2.78%

+3.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.69%

2.71%

+2.98%