PSCZX vs. FSOPX

Last updated Jun 23, 2026

PSCZX (PGIM Jennison Small Company Fund Class Z) and FSOPX (Fidelity Series Small Cap Opportunities Fund) are both mutual funds - PSCZX is a Small Cap Growth Equities fund actively managed by PGIM, while FSOPX is a Small Cap Blend Equities fund managed by Fidelity. Over the past 10 years, PSCZX returned 13.30%/yr vs 13.26%/yr for FSOPX. With a 0.96 correlation, they move nearly in lockstep. PSCZX charges 0.82%/yr vs 0.00%/yr for FSOPX.

Performance

PSCZX vs. FSOPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Small Company Fund Class Z (PSCZX) and Fidelity Series Small Cap Opportunities Fund (FSOPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSCZX achieves a 16.21% return, which is significantly lower than FSOPX's 20.78% return. Both investments have delivered pretty close results over the past 10 years, with PSCZX having a 13.30% annualized return and FSOPX not far behind at 13.26%.

PSCZX

• 1D: 1.57%
• 1M: 5.17%
• YTD: 16.21%
• 6M: 13.93%
• 1Y: 32.15%
• 3Y*: 15.40%
• 5Y*: 8.17%
• 10Y*: 13.30%

FSOPX

• 1D: 1.82%
• 1M: 3.93%
• YTD: 20.78%
• 6M: 17.59%
• 1Y: 44.51%
• 3Y*: 21.44%
• 5Y*: 12.22%
• 10Y*: 13.26%

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

PSCZX vs. FSOPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSCZX PGIM Jennison Small Company Fund Class Z	16.21%	7.29%	16.22%	11.85%	-18.57%	29.43%	27.53%	40.68%	-13.42%	19.81%
FSOPX Fidelity Series Small Cap Opportunities Fund	20.78%	15.81%	15.31%	20.38%	-17.82%	23.39%	17.03%	29.92%	-8.12%	11.10%

Correlation

The correlation between PSCZX and FSOPX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Mar 23, 2007	0.96

The correlation between PSCZX and FSOPX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

PSCZX vs. FSOPX — Risk / Return Rank

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

PSCZX

PSCZX Risk / Return Rank: 59
PSCZX Sharpe Ratio Rank: 49
PSCZX Sortino Ratio Rank: 52
PSCZX Omega Ratio Rank: 44
PSCZX Calmar Ratio Rank: 77
PSCZX Martin Ratio Rank: 73

FSOPX

FSOPX Risk / Return Rank: 81
FSOPX Sharpe Ratio Rank: 80
FSOPX Sortino Ratio Rank: 78
FSOPX Omega Ratio Rank: 65
FSOPX Calmar Ratio Rank: 91
FSOPX Martin Ratio Rank: 92

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.

PSCZX vs. FSOPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Small Company Fund Class Z (PSCZX) and Fidelity Series Small Cap Opportunities Fund (FSOPX). 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.

	PSCZX	FSOPX	Difference
Sharpe ratio: Return per unit of total volatility	1.91	2.42	-0.52
Sortino ratio: Return per unit of downside risk	2.80	3.38	-0.58
Omega ratio: Gain probability vs. loss probability	1.33	1.41	-0.07
Calmar ratio: Return relative to maximum drawdown	3.30	4.49	-1.18
Martin ratio: Return relative to average drawdown	13.03	17.40	-4.36

PSCZX vs. FSOPX - Sharpe Ratio Comparison

The current PSCZX Sharpe Ratio is 1.91, which is comparable to the FSOPX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of PSCZX and FSOPX, 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

PSCZX vs. FSOPX - Drawdown Comparison

The maximum PSCZX drawdown since its inception was -56.47%, smaller than the maximum FSOPX drawdown of -61.75%. Use the drawdown chart below to compare losses from any high point for PSCZX and FSOPX.

Drawdown Indicators

	PSCZX	FSOPX	Difference
Max Drawdown Largest peak-to-trough decline	-56.47%	-61.75%	+5.28%
Max Drawdown (1Y) Largest decline over 1 year	-9.83%	-9.99%	+0.16%
Max Drawdown (3Y) Largest decline over 3 years	-23.25%	-27.17%	+3.92%
Max Drawdown (5Y) Largest decline over 5 years	-28.08%	-30.06%	+1.98%
Max Drawdown (10Y) Largest decline over 10 years	-47.40%	-39.15%	-8.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.04%	-10.35%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.57%	-0.08%

Volatility

PSCZX vs. FSOPX - Volatility Comparison

The current volatility for PGIM Jennison Small Company Fund Class Z (PSCZX) is 6.16%, while Fidelity Series Small Cap Opportunities Fund (FSOPX) has a volatility of 6.49%. This indicates that PSCZX experiences smaller price fluctuations and is considered to be less risky than FSOPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSCZX	FSOPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.16%	6.49%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	13.20%	14.14%	-0.94%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	18.51%	-1.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.37%	21.79%	-1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.18%	22.04%	+0.14%

PSCZX vs. FSOPX - Expense Ratio Comparison

PSCZX has a 0.82% expense ratio, which is higher than FSOPX's 0.00% expense ratio.

Dividends

PSCZX vs. FSOPX - Dividend Comparison

PSCZX's dividend yield for the trailing twelve months is around 5.91%, more than FSOPX's 3.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSOPX Fidelity Series Small Cap Opportunities Fund	3.65%	4.41%	9.41%	0.98%	5.16%	30.85%	2.01%	6.67%	13.99%	10.31%	0.69%	5.93%
PSCZX PGIM Jennison Small Company Fund Class Z	5.91%	6.87%	4.72%	0.50%	3.67%	31.87%	13.30%	16.41%	19.48%	7.97%	5.32%	14.40%

Frequently Asked Questions

Can I hold both PSCZX and FSOPX in my portfolio?

With a correlation of 0.94, PSCZX and FSOPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, PSCZX or FSOPX?

FSOPX has higher volatility (6.49%) compared to PSCZX (6.16%). In terms of maximum drawdown, PSCZX dropped -56.47% vs FSOPX's -61.75%.

Which has better risk-adjusted returns?

FSOPX currently has the higher Sharpe Ratio (2.42 vs 1.91), 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.