PRPFX vs. PALDX
PRPFX (Permanent Portfolio Class I) and PALDX (PGIM 60/40 Allocation Fund) are both Diversified Portfolio funds. Over the past 5 years, PRPFX returned 10.89%/yr vs 8.53%/yr for PALDX. Their 0.68 correlation means they have sometimes moved together and sometimes differently. PRPFX charges 0.81%/yr vs 0.03%/yr for PALDX.
Performance
PRPFX vs. PALDX - Performance Comparison
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Returns By Period
In the year-to-date period, PRPFX achieves a 2.08% return, which is significantly lower than PALDX's 6.54% return.
PRPFX
- 1D
- 0.71%
- 1M
- -0.17%
- 6M
- -2.57%
- YTD
- 2.08%
- 1Y
- 15.83%
- 3Y*
- 17.56%
- 5Y*
- 10.89%
- 10Y*
- 9.97%
- ALL TIME*
- 7.00%
PALDX
- 1D
- 1.22%
- 1M
- -0.33%
- 6M
- 4.97%
- YTD
- 6.54%
- 1Y
- 15.23%
- 3Y*
- 14.79%
- 5Y*
- 8.53%
- 10Y*
- —
- ALL TIME*
- 9.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
PRPFX vs. PALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PRPFX Permanent Portfolio Class I | 2.08% | 28.78% | 19.36% | 11.96% | -5.48% | 10.87% | 18.80% | 19.20% | -7.02% | 1.85% |
PALDX PGIM 60/40 Allocation Fund | 6.54% | 13.62% | 18.96% | 18.90% | -15.65% | 16.30% | 10.68% | 22.27% | -4.12% | 5.95% |
Correlation
The correlation between PRPFX and PALDX is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2017 | 0.68 |
The correlation between PRPFX and PALDX shifts across timeframes, from 0.58 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PRPFX vs. PALDX — Risk / Return Rank
PRPFX
PALDX
PRPFX vs. PALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Class I (PRPFX) and PGIM 60/40 Allocation Fund (PALDX). 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.
| PRPFX | PALDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.49 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.31 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.60 | 2.42 | -0.83 |
| Martin ratioReturn relative to average drawdown | 3.56 | 10.80 | -7.24 |
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Drawdowns
PRPFX vs. PALDX - Drawdown Comparison
The maximum PRPFX drawdown since its inception was -27.16%, roughly equal to the maximum PALDX drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for PRPFX and PALDX.
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Drawdown Indicators
| PRPFX | PALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.16% | -26.16% | -1.00% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -5.96% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -9.74% | -16.06% | +6.32% |
Max Drawdown (5Y)Largest decline over 5 years | -15.49% | -20.47% | +4.98% |
Max Drawdown (10Y)Largest decline over 10 years | -20.84% | — | — |
Current DrawdownCurrent decline from peak | -8.67% | -1.25% | -7.42% |
Average DrawdownAverage peak-to-trough decline | -3.54% | -4.03% | +0.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.35% | 1.34% | +3.01% |
Volatility
PRPFX vs. PALDX - Volatility Comparison
Permanent Portfolio Class I (PRPFX) and PGIM 60/40 Allocation Fund (PALDX) have volatilities of 2.42% and 2.39%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRPFX | PALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.42% | 2.39% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 6.95% | +4.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.09% | 8.59% | +4.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.12% | 12.20% | -1.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.68% | 12.65% | -1.97% |
PRPFX vs. PALDX - Expense Ratio Comparison
PRPFX has a 0.81% expense ratio, which is higher than PALDX's 0.03% expense ratio.
Dividends
PRPFX vs. PALDX - Dividend Comparison
PRPFX's dividend yield for the trailing twelve months is around 3.20%, less than PALDX's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PALDX PGIM 60/40 Allocation Fund | 5.09% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% | 0.00% | 0.00% |
PRPFX Permanent Portfolio Class I | 3.20% | 3.27% | 1.86% | 1.39% | 1.58% | 2.05% | 5.38% | 4.69% | 6.90% | 2.14% | 0.95% | 7.06% |
Frequently Asked Questions
PRPFX and PALDX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRPFX has higher volatility (2.42%) compared to PALDX (2.39%). In terms of maximum drawdown, PRPFX dropped -27.16% vs PALDX's -26.16%.
PALDX currently has the higher Sharpe Ratio (1.68 vs 1.19), 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.
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