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PRNMX vs. PWJZX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PRNMX vs. PWJZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM National Muni Fund (PRNMX) and PGIM Jennison International Opportunities Fund (PWJZX). The values are adjusted to include any dividend payments, if applicable.

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PRNMX vs. PWJZX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PRNMX
PGIM National Muni Fund
-0.54%5.76%1.77%5.10%-8.55%0.97%4.08%7.13%0.55%4.66%
PWJZX
PGIM Jennison International Opportunities Fund
-8.80%14.53%6.84%20.25%-36.95%13.27%55.57%38.16%-12.93%49.58%

Returns By Period

In the year-to-date period, PRNMX achieves a -0.54% return, which is significantly higher than PWJZX's -8.80% return. Over the past 10 years, PRNMX has underperformed PWJZX with an annualized return of 1.89%, while PWJZX has yielded a comparatively higher 9.91% annualized return.


PRNMX

1D
0.07%
1M
-2.38%
YTD
-0.54%
6M
0.85%
1Y
3.89%
3Y*
3.31%
5Y*
0.84%
10Y*
1.89%

PWJZX

1D
4.71%
1M
-9.69%
YTD
-8.80%
6M
-12.62%
1Y
4.31%
3Y*
5.25%
5Y*
-1.04%
10Y*
9.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PRNMX vs. PWJZX - Expense Ratio Comparison

PRNMX has a 0.61% expense ratio, which is lower than PWJZX's 0.90% expense ratio.


Return for Risk

PRNMX vs. PWJZX — Risk / Return Rank

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

PRNMX
PRNMX Risk / Return Rank: 6666
Overall Rank
PRNMX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
PRNMX Sortino Ratio Rank: 6363
Sortino Ratio Rank
PRNMX Omega Ratio Rank: 9191
Omega Ratio Rank
PRNMX Calmar Ratio Rank: 5555
Calmar Ratio Rank
PRNMX Martin Ratio Rank: 5555
Martin Ratio Rank

PWJZX
PWJZX Risk / Return Rank: 88
Overall Rank
PWJZX Sharpe Ratio Rank: 88
Sharpe Ratio Rank
PWJZX Sortino Ratio Rank: 88
Sortino Ratio Rank
PWJZX Omega Ratio Rank: 88
Omega Ratio Rank
PWJZX Calmar Ratio Rank: 99
Calmar Ratio Rank
PWJZX Martin Ratio Rank: 99
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.

PRNMX vs. PWJZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM National Muni Fund (PRNMX) and PGIM Jennison International Opportunities Fund (PWJZX). 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.


PRNMXPWJZXDifference

Sharpe ratio

Return per unit of total volatility

1.19

0.20

+0.98

Sortino ratio

Return per unit of downside risk

1.61

0.44

+1.17

Omega ratio

Gain probability vs. loss probability

1.42

1.06

+0.36

Calmar ratio

Return relative to maximum drawdown

1.31

0.19

+1.13

Martin ratio

Return relative to average drawdown

5.31

0.72

+4.59

PRNMX vs. PWJZX - Sharpe Ratio Comparison

The current PRNMX Sharpe Ratio is 1.19, which is higher than the PWJZX Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of PRNMX and PWJZX, 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


PRNMXPWJZXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.19

0.20

+0.98

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

-0.05

+0.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.48

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

1.22

0.41

+0.82

Correlation

The correlation between PRNMX and PWJZX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

PRNMX vs. PWJZX - Dividend Comparison

PRNMX's dividend yield for the trailing twelve months is around 3.23%, more than PWJZX's 0.20% yield.


TTM20252024202320222021202020192018201720162015
PRNMX
PGIM National Muni Fund
3.23%4.17%2.98%1.97%1.71%1.69%2.50%2.80%3.35%3.39%3.61%3.31%
PWJZX
PGIM Jennison International Opportunities Fund
0.20%0.19%0.07%0.09%0.00%0.09%0.00%0.00%0.06%0.17%0.24%0.00%

Drawdowns

PRNMX vs. PWJZX - Drawdown Comparison

The maximum PRNMX drawdown since its inception was -12.72%, smaller than the maximum PWJZX drawdown of -48.22%. Use the drawdown chart below to compare losses from any high point for PRNMX and PWJZX.


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Drawdown Indicators


PRNMXPWJZXDifference

Max Drawdown

Largest peak-to-trough decline

-12.72%

-48.22%

+35.50%

Max Drawdown (1Y)

Largest decline over 1 year

-3.72%

-18.08%

+14.36%

Max Drawdown (5Y)

Largest decline over 5 years

-12.61%

-48.22%

+35.61%

Max Drawdown (10Y)

Largest decline over 10 years

-12.72%

-48.22%

+35.50%

Current Drawdown

Current decline from peak

-2.59%

-21.88%

+19.29%

Average Drawdown

Average peak-to-trough decline

-1.97%

-13.07%

+11.10%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

4.73%

-3.81%

Volatility

PRNMX vs. PWJZX - Volatility Comparison

The current volatility for PGIM National Muni Fund (PRNMX) is 0.80%, while PGIM Jennison International Opportunities Fund (PWJZX) has a volatility of 11.45%. This indicates that PRNMX experiences smaller price fluctuations and is considered to be less risky than PWJZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PRNMXPWJZXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.80%

11.45%

-10.65%

Volatility (6M)

Calculated over the trailing 6-month period

1.38%

16.00%

-14.62%

Volatility (1Y)

Calculated over the trailing 1-year period

4.16%

21.69%

-17.53%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.98%

21.78%

-18.80%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.54%

20.68%

-17.14%