PRJZX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about PGIM Jennison Global Opportunities Fund (PRJZX) and S&P 500 Index (^GSPC).

PRJZX is managed by PGIM. It was launched on Mar 13, 2012.

Performance

PRJZX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Global Opportunities Fund (PRJZX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

PRJZX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRJZX PGIM Jennison Global Opportunities Fund	-11.71%	4.91%	28.69%	41.55%	-39.60%	7.45%	74.45%	34.13%	-2.61%	43.35%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, PRJZX achieves a -11.71% return, which is significantly lower than ^GSPC's -3.95% return. Over the past 10 years, PRJZX has outperformed ^GSPC with an annualized return of 13.80%, while ^GSPC has yielded a comparatively lower 12.24% annualized return.

PRJZX

• 1D: 4.81%
• 1M: -6.08%
• YTD: -11.71%
• 6M: -15.50%
• 1Y: 3.73%
• 3Y*: 12.42%
• 5Y*: 2.82%
• 10Y*: 13.80%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

PRJZX vs. ^GSPC — Risk / Return Rank

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

PRJZX

PRJZX Risk / Return Rank: 8
PRJZX Sharpe Ratio Rank: 7
PRJZX Sortino Ratio Rank: 8
PRJZX Omega Ratio Rank: 8
PRJZX Calmar Ratio Rank: 8
PRJZX Martin Ratio Rank: 8

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

PRJZX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Opportunities Fund (PRJZX) and S&P 500 Index (^GSPC). 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.

	PRJZX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	0.18	0.92	-0.73
Sortino ratio Return per unit of downside risk	0.43	1.41	-0.98
Omega ratio Gain probability vs. loss probability	1.06	1.21	-0.16
Calmar ratio Return relative to maximum drawdown	0.15	1.41	-1.26
Martin ratio Return relative to average drawdown	0.50	6.61	-6.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRJZX vs. ^GSPC - Sharpe Ratio Comparison

The current PRJZX Sharpe Ratio is 0.18, which is lower than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of PRJZX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PRJZX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.18	0.92	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.12	0.61	-0.50
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.68	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.46	+0.15

Correlation

The correlation between PRJZX and ^GSPC is 0.83, 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.

Drawdowns

PRJZX vs. ^GSPC - Drawdown Comparison

The maximum PRJZX drawdown since its inception was -48.22%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for PRJZX and ^GSPC.

Drawdown Indicators

	PRJZX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-48.22%	-56.78%	+8.56%
Max Drawdown (1Y) Largest decline over 1 year	-21.57%	-12.14%	-9.43%
Max Drawdown (5Y) Largest decline over 5 years	-48.22%	-25.43%	-22.79%
Max Drawdown (10Y) Largest decline over 10 years	-48.22%	-33.92%	-14.30%
Current Drawdown Current decline from peak	-17.80%	-5.78%	-12.02%
Average Drawdown Average peak-to-trough decline	-10.05%	-10.75%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.55%	2.60%	+3.95%

Volatility

PRJZX vs. ^GSPC - Volatility Comparison

PGIM Jennison Global Opportunities Fund (PRJZX) has a higher volatility of 9.28% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that PRJZX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRJZX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.28%	5.37%	+3.91%
Volatility (6M) Calculated over the trailing 6-month period	15.16%	9.55%	+5.61%
Volatility (1Y) Calculated over the trailing 1-year period	22.71%	18.33%	+4.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.86%	16.90%	+6.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.07%	18.05%	+5.02%