PRJZX vs. FSPSX
Compare and contrast key facts about PGIM Jennison Global Opportunities Fund (PRJZX) and Fidelity International Index Fund (FSPSX).
PRJZX is managed by PGIM Investments. It was launched on Mar 13, 2012. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRJZX or FSPSX.
Correlation
The correlation between PRJZX and FSPSX is 0.71, 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.
Performance
PRJZX vs. FSPSX - Performance Comparison
Key characteristics
PRJZX:
0.66
FSPSX:
1.09
PRJZX:
0.99
FSPSX:
1.56
PRJZX:
1.13
FSPSX:
1.19
PRJZX:
0.53
FSPSX:
1.36
PRJZX:
2.70
FSPSX:
3.18
PRJZX:
4.79%
FSPSX:
4.36%
PRJZX:
19.60%
FSPSX:
12.72%
PRJZX:
-52.78%
FSPSX:
-33.69%
PRJZX:
-11.69%
FSPSX:
-1.63%
Returns By Period
In the year-to-date period, PRJZX achieves a 7.12% return, which is significantly lower than FSPSX's 8.44% return. Over the past 10 years, PRJZX has outperformed FSPSX with an annualized return of 12.88%, while FSPSX has yielded a comparatively lower 5.55% annualized return.
PRJZX
7.12%
4.65%
2.15%
10.64%
9.69%
12.88%
FSPSX
8.44%
6.71%
2.22%
11.34%
6.72%
5.55%
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PRJZX vs. FSPSX - Expense Ratio Comparison
PRJZX has a 0.93% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
PRJZX vs. FSPSX — Risk-Adjusted Performance Rank
PRJZX
FSPSX
PRJZX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Opportunities Fund (PRJZX) and Fidelity International Index Fund (FSPSX). 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.
Dividends
PRJZX vs. FSPSX - Dividend Comparison
PRJZX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 3.02%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRJZX PGIM Jennison Global Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 3.02% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.36% | 2.99% | 2.79% | 3.53% |
Drawdowns
PRJZX vs. FSPSX - Drawdown Comparison
The maximum PRJZX drawdown since its inception was -52.78%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for PRJZX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
PRJZX vs. FSPSX - Volatility Comparison
PGIM Jennison Global Opportunities Fund (PRJZX) has a higher volatility of 6.77% compared to Fidelity International Index Fund (FSPSX) at 3.39%. This indicates that PRJZX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.