PRJZX vs. PJFAX

Last updated Aug 1, 2026

PRJZX (PGIM Jennison Global Opportunities Fund) and PJFAX (PGIM Jennison Growth Fund) are both mutual funds - PRJZX is a Global Equities fund managed by PGIM, while PJFAX is a Large Cap Growth Equities fund managed by PGIM. Over the past 10 years, PRJZX returned 14.37%/yr vs 19.14%/yr for PJFAX. Their correlation of 0.94 means they have usually moved in the same direction. PRJZX charges 0.93%/yr vs 0.97%/yr for PJFAX.

Performance

PRJZX vs. PJFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Global Opportunities Fund (PRJZX) and PGIM Jennison Growth Fund (PJFAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRJZX achieves a -2.23% return, which is significantly lower than PJFAX's 2.54% return. Over the past 10 years, PRJZX has underperformed PJFAX with an annualized return of 14.37%, while PJFAX has yielded a comparatively higher 19.14% annualized return.

PRJZX

• 1D: 4.81%
• 1M: -7.70%
• 6M: -0.32%
• YTD: -2.23%
• 1Y: 1.55%
• 3Y*: 11.88%
• 5Y*: 2.69%
• 10Y*: 14.37%
• ALL TIME*: 13.54%

PJFAX

• 1D: 2.44%
• 1M: -2.23%
• 6M: 4.89%
• YTD: 2.54%
• 1Y: 9.35%
• 3Y*: 23.55%
• 5Y*: 11.08%
• 10Y*: 19.14%
• ALL TIME*: 11.26%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PJFAX PGIM Jennison Growth Fund	$0.00	$0.00	$0.00
PRJZX PGIM Jennison Global Opportunities Fund	$0.00	$0.00	$0.00

PRJZX vs. PJFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRJZX PGIM Jennison Global Opportunities Fund	-2.23%	4.91%	28.69%	41.55%	-39.60%	7.45%	74.45%	34.13%	-2.61%	43.35%
PJFAX PGIM Jennison Growth Fund	2.54%	14.53%	48.10%	52.76%	-37.89%	15.65%	55.66%	45.04%	-1.24%	36.41%

Correlation

The correlation between PRJZX and PJFAX is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.94

The correlation between PRJZX and PJFAX has been stable across timeframes, ranging from 0.88 to 0.94 - a consistent structural relationship.

Return for Risk

PRJZX vs. PJFAX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PRJZX

PRJZX Risk / Return Rank: 5
PRJZX Sharpe Ratio Rank: 4
PRJZX Sortino Ratio Rank: 5
PRJZX Omega Ratio Rank: 5
PRJZX Calmar Ratio Rank: 4
PRJZX Martin Ratio Rank: 4

PJFAX

PJFAX Risk / Return Rank: 11
PJFAX Sharpe Ratio Rank: 11
PJFAX Sortino Ratio Rank: 11
PJFAX Omega Ratio Rank: 11
PJFAX Calmar Ratio Rank: 10
PJFAX Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PRJZX vs. PJFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Global Opportunities Fund (PRJZX) and PGIM Jennison Growth Fund (PJFAX). 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.

	PRJZX	PJFAX	Difference
Sharpe ratio: Return per unit of total volatility	-0.04	0.39	-0.43
Sortino ratio: Return per unit of downside risk	0.12	0.66	-0.54
Omega ratio: Gain probability vs. loss probability	1.01	1.08	-0.07
Calmar ratio: Return relative to maximum drawdown	-0.04	0.39	-0.43
Martin ratio: Return relative to average drawdown	-0.11	1.18	-1.29

PRJZX vs. PJFAX - Sharpe Ratio Comparison

The current PRJZX Sharpe Ratio is -0.04, which is lower than the PJFAX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of PRJZX and PJFAX, 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

PRJZX vs. PJFAX - Drawdown Comparison

The maximum PRJZX drawdown since its inception was -48.22%, smaller than the maximum PJFAX drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for PRJZX and PJFAX.

Drawdown Indicators

	PRJZX	PJFAX	Difference
Max Drawdown Largest peak-to-trough decline	-48.22%	-64.07%	+15.85%
Max Drawdown (1Y) Largest decline over 1 year	-21.57%	-17.76%	-3.81%
Max Drawdown (3Y) Largest decline over 3 years	-25.19%	-24.05%	-1.14%
Max Drawdown (5Y) Largest decline over 5 years	-48.22%	-43.56%	-4.66%
Max Drawdown (10Y) Largest decline over 10 years	-48.22%	-43.56%	-4.66%
Current Drawdown Current decline from peak	-13.27%	-6.72%	-6.55%
Average Drawdown Average peak-to-trough decline	-9.95%	-20.27%	+10.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.74%	5.94%	+1.80%

Volatility

PRJZX vs. PJFAX - Volatility Comparison

PGIM Jennison Global Opportunities Fund (PRJZX) has a higher volatility of 10.16% compared to PGIM Jennison Growth Fund (PJFAX) at 5.18%. This indicates that PRJZX's price experiences larger fluctuations and is considered to be riskier than PJFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRJZX	PJFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.16%	5.18%	+4.98%
Volatility (6M) Calculated over the trailing 6-month period	21.69%	14.17%	+7.52%
Volatility (1Y) Calculated over the trailing 1-year period	24.57%	17.89%	+6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.68%	24.87%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.59%	24.07%	-0.48%

PRJZX vs. PJFAX - Expense Ratio Comparison

PRJZX has a 0.93% expense ratio, which is lower than PJFAX's 0.97% expense ratio.

Dividends

PRJZX vs. PJFAX - Dividend Comparison

PRJZX's dividend yield for the trailing twelve months is around 25.29%, more than PJFAX's 13.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PJFAX PGIM Jennison Growth Fund	13.08%	13.42%	24.62%	7.23%	2.77%	14.67%	9.02%	16.27%	6.06%	5.85%	4.12%	6.90%
PRJZX PGIM Jennison Global Opportunities Fund	25.29%	24.73%	10.59%	0.00%	0.00%	10.12%	1.59%	2.42%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PRJZX and PJFAX in my portfolio?

PRJZX and PJFAX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRJZX or PJFAX?

PRJZX has higher volatility (10.16%) compared to PJFAX (5.18%). In terms of maximum drawdown, PRJZX dropped -48.22% vs PJFAX's -64.07%.

Which has better risk-adjusted returns?

PJFAX currently has the higher Sharpe Ratio (0.39 vs -0.04), 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.