PSIFX vs. PBHAX

Last updated Apr 1, 2026

Compare and contrast key facts about PGIM Quant Solutions Stock Index Fund (PSIFX) and PGIM High Yield Fund (PBHAX).

PSIFX is managed by PGIM. It was launched on Nov 5, 1992. PBHAX is managed by PGIM. It was launched on Jan 22, 1990.

Performance

PSIFX vs. PBHAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Quant Solutions Stock Index Fund (PSIFX) and PGIM High Yield Fund (PBHAX). The values are adjusted to include any dividend payments, if applicable.

PSIFX vs. PBHAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSIFX PGIM Quant Solutions Stock Index Fund	-7.12%	17.59%	28.87%	26.03%	-18.45%	16.13%	18.30%	58.00%	-5.01%	21.61%
PBHAX PGIM High Yield Fund	-1.45%	8.79%	6.89%	10.75%	-12.51%	5.63%	4.87%	15.86%	-1.53%	7.50%

Returns By Period

In the year-to-date period, PSIFX achieves a -7.12% return, which is significantly lower than PBHAX's -1.45% return. Over the past 10 years, PSIFX has outperformed PBHAX with an annualized return of 14.79%, while PBHAX has yielded a comparatively lower 5.16% annualized return.

PSIFX

• 1D: -0.41%
• 1M: -7.70%
• YTD: -7.12%
• 6M: -4.70%
• 1Y: 14.15%
• 3Y*: 18.19%
• 5Y*: 9.64%
• 10Y*: 14.79%

PBHAX

• 1D: 0.21%
• 1M: -2.27%
• YTD: -1.45%
• 6M: -0.31%
• 1Y: 5.68%
• 3Y*: 7.23%
• 5Y*: 3.05%
• 10Y*: 5.16%

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

PSIFX vs. PBHAX - Expense Ratio Comparison

PSIFX has a 0.24% expense ratio, which is lower than PBHAX's 0.75% expense ratio.

PBHAX

PGIM High Yield Fund

PSIFX

PGIM Quant Solutions Stock Index Fund

Return for Risk

PSIFX vs. PBHAX — Risk / Return Rank

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

PSIFX

PSIFX Risk / Return Rank: 42
PSIFX Sharpe Ratio Rank: 37
PSIFX Sortino Ratio Rank: 40
PSIFX Omega Ratio Rank: 45
PSIFX Calmar Ratio Rank: 39
PSIFX Martin Ratio Rank: 50

PBHAX

PBHAX Risk / Return Rank: 85
PBHAX Sharpe Ratio Rank: 85
PBHAX Sortino Ratio Rank: 88
PBHAX Omega Ratio Rank: 88
PBHAX Calmar Ratio Rank: 82
PBHAX Martin Ratio Rank: 83

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.

PSIFX vs. PBHAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Quant Solutions Stock Index Fund (PSIFX) and PGIM High Yield Fund (PBHAX). 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.

	PSIFX	PBHAX	Difference
Sharpe ratio Return per unit of total volatility	0.82	1.61	-0.79
Sortino ratio Return per unit of downside risk	1.28	2.37	-1.09
Omega ratio Gain probability vs. loss probability	1.19	1.38	-0.19
Calmar ratio Return relative to maximum drawdown	1.03	1.99	-0.96
Martin ratio Return relative to average drawdown	5.01	8.31	-3.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSIFX vs. PBHAX - Sharpe Ratio Comparison

The current PSIFX Sharpe Ratio is 0.82, which is lower than the PBHAX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PSIFX and PBHAX, 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

	PSIFX	PBHAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	1.61	-0.79
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.61	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.95	-0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	1.33	-0.77

Correlation

The correlation between PSIFX and PBHAX is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

PSIFX vs. PBHAX - Dividend Comparison

PSIFX's dividend yield for the trailing twelve months is around 9.24%, more than PBHAX's 6.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSIFX PGIM Quant Solutions Stock Index Fund	9.24%	8.58%	7.80%	13.52%	16.37%	1.12%	28.17%	34.50%	23.67%	6.19%	3.87%	3.85%
PBHAX PGIM High Yield Fund	6.28%	6.71%	6.01%	5.73%	5.94%	5.88%	5.70%	5.96%	6.26%	5.98%	4.61%	6.64%

Drawdowns

PSIFX vs. PBHAX - Drawdown Comparison

The maximum PSIFX drawdown since its inception was -55.36%, which is greater than PBHAX's maximum drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for PSIFX and PBHAX.

Drawdown Indicators

	PSIFX	PBHAX	Difference
Max Drawdown Largest peak-to-trough decline	-55.36%	-28.80%	-26.56%
Max Drawdown (1Y) Largest decline over 1 year	-12.11%	-2.94%	-9.17%
Max Drawdown (5Y) Largest decline over 5 years	-30.56%	-16.22%	-14.34%
Max Drawdown (10Y) Largest decline over 10 years	-33.76%	-21.14%	-12.62%
Current Drawdown Current decline from peak	-8.93%	-2.27%	-6.66%
Average Drawdown Average peak-to-trough decline	-9.58%	-2.88%	-6.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	0.70%	+1.80%

Volatility

PSIFX vs. PBHAX - Volatility Comparison

PGIM Quant Solutions Stock Index Fund (PSIFX) has a higher volatility of 4.25% compared to PGIM High Yield Fund (PBHAX) at 1.20%. This indicates that PSIFX's price experiences larger fluctuations and is considered to be riskier than PBHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSIFX	PBHAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	1.20%	+3.05%
Volatility (6M) Calculated over the trailing 6-month period	9.09%	2.39%	+6.70%
Volatility (1Y) Calculated over the trailing 1-year period	18.14%	3.78%	+14.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.59%	5.01%	+12.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.55%	5.48%	+14.07%