PSTQX vs. HYSZX

Last updated Apr 2, 2026

Compare and contrast key facts about PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) and PGIM Short Duration High Yield Income Fund (HYSZX).

PSTQX is managed by PGIM. It was launched on Mar 2, 2012. HYSZX is managed by PGIM. It was launched on Oct 26, 2012.

Performance

PSTQX vs. HYSZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) and PGIM Short Duration High Yield Income Fund (HYSZX). The values are adjusted to include any dividend payments, if applicable.

PSTQX vs. HYSZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PSTQX PGIM Short-Term Corporate Bond Fund - Class R6	-0.25%	6.75%	4.89%	5.95%	-6.78%	-0.51%	5.60%	6.77%	0.68%	2.25%
HYSZX PGIM Short Duration High Yield Income Fund	-0.70%	7.84%	6.49%	9.57%	-6.46%	5.48%	4.19%	11.78%	1.20%	4.80%

Returns By Period

In the year-to-date period, PSTQX achieves a -0.25% return, which is significantly higher than HYSZX's -0.70% return. Over the past 10 years, PSTQX has underperformed HYSZX with an annualized return of 2.58%, while HYSZX has yielded a comparatively higher 4.90% annualized return.

PSTQX

• 1D: 0.19%
• 1M: -1.10%
• YTD: -0.25%
• 6M: 0.80%
• 1Y: 4.35%
• 3Y*: 5.01%
• 5Y*: 2.02%
• 10Y*: 2.58%

HYSZX

• 1D: 0.36%
• 1M: -1.19%
• YTD: -0.70%
• 6M: 0.47%
• 1Y: 5.26%
• 3Y*: 6.72%
• 5Y*: 3.86%
• 10Y*: 4.90%

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

PSTQX vs. HYSZX - Expense Ratio Comparison

PSTQX has a 0.38% expense ratio, which is lower than HYSZX's 0.75% expense ratio.

HYSZX

PGIM Short Duration High Yield Income Fund

PSTQX

PGIM Short-Term Corporate Bond Fund - Class R6

Return for Risk

PSTQX vs. HYSZX — Risk / Return Rank

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

PSTQX

PSTQX Risk / Return Rank: 91
PSTQX Sharpe Ratio Rank: 89
PSTQX Sortino Ratio Rank: 94
PSTQX Omega Ratio Rank: 89
PSTQX Calmar Ratio Rank: 91
PSTQX Martin Ratio Rank: 91

HYSZX

HYSZX Risk / Return Rank: 90
HYSZX Sharpe Ratio Rank: 88
HYSZX Sortino Ratio Rank: 91
HYSZX Omega Ratio Rank: 91
HYSZX Calmar Ratio Rank: 88
HYSZX Martin Ratio Rank: 89

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.

PSTQX vs. HYSZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) and PGIM Short Duration High Yield Income Fund (HYSZX). 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.

	PSTQX	HYSZX	Difference
Sharpe ratio Return per unit of total volatility	1.90	1.80	+0.10
Sortino ratio Return per unit of downside risk	3.00	2.68	+0.32
Omega ratio Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio Return relative to maximum drawdown	2.77	2.45	+0.32
Martin ratio Return relative to average drawdown	10.81	10.13	+0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PSTQX vs. HYSZX - Sharpe Ratio Comparison

The current PSTQX Sharpe Ratio is 1.90, which is comparable to the HYSZX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of PSTQX and HYSZX, 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

	PSTQX	HYSZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.90	1.80	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	1.02	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.97	1.17	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.97	1.13	-0.17

Correlation

The correlation between PSTQX and HYSZX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PSTQX vs. HYSZX - Dividend Comparison

PSTQX's dividend yield for the trailing twelve months is around 3.81%, less than HYSZX's 5.93% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PSTQX PGIM Short-Term Corporate Bond Fund - Class R6	3.81%	4.08%	3.62%	2.63%	2.31%	2.08%	2.55%	2.95%	2.89%	2.79%	2.74%	2.87%
HYSZX PGIM Short Duration High Yield Income Fund	5.93%	6.45%	6.27%	4.84%	5.01%	4.56%	5.00%	5.60%	5.94%	5.73%	6.33%	6.76%

Drawdowns

PSTQX vs. HYSZX - Drawdown Comparison

The maximum PSTQX drawdown since its inception was -10.47%, smaller than the maximum HYSZX drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for PSTQX and HYSZX.

Drawdown Indicators

	PSTQX	HYSZX	Difference
Max Drawdown Largest peak-to-trough decline	-10.47%	-18.31%	+7.84%
Max Drawdown (1Y) Largest decline over 1 year	-1.74%	-2.39%	+0.65%
Max Drawdown (5Y) Largest decline over 5 years	-10.47%	-9.77%	-0.70%
Max Drawdown (10Y) Largest decline over 10 years	-10.47%	-18.31%	+7.84%
Current Drawdown Current decline from peak	-1.37%	-1.42%	+0.05%
Average Drawdown Average peak-to-trough decline	-1.32%	-1.20%	-0.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	0.58%	-0.14%

Volatility

PSTQX vs. HYSZX - Volatility Comparison

The current volatility for PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) is 0.79%, while PGIM Short Duration High Yield Income Fund (HYSZX) has a volatility of 1.11%. This indicates that PSTQX experiences smaller price fluctuations and is considered to be less risky than HYSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSTQX	HYSZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.79%	1.11%	-0.32%
Volatility (6M) Calculated over the trailing 6-month period	1.50%	1.94%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	3.10%	-0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.91%	3.83%	-0.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.67%	4.21%	-1.54%