PRKZX vs. VRTPX

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM Real Estate Income Fund (PRKZX) and Vanguard Real Estate II Index Fund (VRTPX).

PRKZX is managed by PGIM. It was launched on Jun 3, 2015. VRTPX is managed by Vanguard. It was launched on Sep 26, 2017.

Performance

PRKZX vs. VRTPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Real Estate Income Fund (PRKZX) and Vanguard Real Estate II Index Fund (VRTPX). The values are adjusted to include any dividend payments, if applicable.

PRKZX vs. VRTPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRKZX PGIM Real Estate Income Fund	0.93%	3.74%	17.55%	10.54%	-16.17%	21.17%	-8.68%	30.19%	-10.05%	-0.15%
VRTPX Vanguard Real Estate II Index Fund	-0.21%	2.22%	3.72%	13.17%	-26.14%	40.37%	-4.65%	28.96%	-5.99%	1.37%

Returns By Period

In the year-to-date period, PRKZX achieves a 0.93% return, which is significantly higher than VRTPX's -0.21% return.

PRKZX

• 1D: 0.42%
• 1M: -7.29%
• YTD: 0.93%
• 6M: -2.48%
• 1Y: 5.56%
• 3Y*: 10.82%
• 5Y*: 5.33%
• 10Y*: 5.25%

VRTPX

• 1D: 0.38%
• 1M: -7.71%
• YTD: -0.21%
• 6M: -2.58%
• 1Y: 0.37%
• 3Y*: 5.57%
• 5Y*: 2.69%
• 10Y*: —

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

PRKZX vs. VRTPX - Expense Ratio Comparison

PRKZX has a 1.38% expense ratio, which is higher than VRTPX's 0.08% expense ratio.

PRKZX

PGIM Real Estate Income Fund

VRTPX

Vanguard Real Estate II Index Fund

Return for Risk

PRKZX vs. VRTPX — Risk / Return Rank

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

PRKZX

PRKZX Risk / Return Rank: 17
PRKZX Sharpe Ratio Rank: 18
PRKZX Sortino Ratio Rank: 16
PRKZX Omega Ratio Rank: 15
PRKZX Calmar Ratio Rank: 19
PRKZX Martin Ratio Rank: 18

VRTPX

VRTPX Risk / Return Rank: 7
VRTPX Sharpe Ratio Rank: 7
VRTPX Sortino Ratio Rank: 6
VRTPX Omega Ratio Rank: 6
VRTPX Calmar Ratio Rank: 8
VRTPX Martin Ratio Rank: 8

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.

PRKZX vs. VRTPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Real Estate Income Fund (PRKZX) and Vanguard Real Estate II Index Fund (VRTPX). 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.

	PRKZX	VRTPX	Difference
Sharpe ratio Return per unit of total volatility	0.47	0.08	+0.39
Sortino ratio Return per unit of downside risk	0.73	0.22	+0.51
Omega ratio Gain probability vs. loss probability	1.10	1.03	+0.07
Calmar ratio Return relative to maximum drawdown	0.58	0.09	+0.48
Martin ratio Return relative to average drawdown	1.84	0.37	+1.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PRKZX vs. VRTPX - Sharpe Ratio Comparison

The current PRKZX Sharpe Ratio is 0.47, which is higher than the VRTPX Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of PRKZX and VRTPX, 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

	PRKZX	VRTPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.47	0.08	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.37	0.14	+0.23
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.31	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.21	+0.12

Correlation

The correlation between PRKZX and VRTPX is 0.88, 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

PRKZX vs. VRTPX - Dividend Comparison

PRKZX's dividend yield for the trailing twelve months is around 7.28%, more than VRTPX's 3.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PRKZX PGIM Real Estate Income Fund	7.28%	7.09%	8.63%	4.25%	5.53%	29.71%	4.27%	4.53%	5.65%	5.18%	4.96%
VRTPX Vanguard Real Estate II Index Fund	3.91%	2.79%	3.80%	3.93%	4.52%	2.58%	3.92%	3.50%	4.77%	1.32%	0.00%

Drawdowns

PRKZX vs. VRTPX - Drawdown Comparison

The maximum PRKZX drawdown since its inception was -46.95%, which is greater than VRTPX's maximum drawdown of -42.33%. Use the drawdown chart below to compare losses from any high point for PRKZX and VRTPX.

Drawdown Indicators

	PRKZX	VRTPX	Difference
Max Drawdown Largest peak-to-trough decline	-46.95%	-42.33%	-4.62%
Max Drawdown (1Y) Largest decline over 1 year	-10.11%	-12.41%	+2.30%
Max Drawdown (5Y) Largest decline over 5 years	-25.96%	-34.35%	+8.39%
Max Drawdown (10Y) Largest decline over 10 years	-46.95%	—	—
Current Drawdown Current decline from peak	-7.88%	-11.56%	+3.68%
Average Drawdown Average peak-to-trough decline	-7.61%	-11.55%	+3.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	3.15%	+0.03%

Volatility

PRKZX vs. VRTPX - Volatility Comparison

PGIM Real Estate Income Fund (PRKZX) has a higher volatility of 4.38% compared to Vanguard Real Estate II Index Fund (VRTPX) at 4.15%. This indicates that PRKZX's price experiences larger fluctuations and is considered to be riskier than VRTPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRKZX	VRTPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	4.15%	+0.23%
Volatility (6M) Calculated over the trailing 6-month period	7.60%	9.12%	-1.52%
Volatility (1Y) Calculated over the trailing 1-year period	13.11%	16.32%	-3.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.44%	18.89%	-4.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	21.92%	-4.77%