PortfoliosLab logoPortfoliosLab logo
PSTQX vs. PBHAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PSTQX vs. PBHAX - 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 High Yield Fund (PBHAX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

PSTQX vs. PBHAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PSTQX
PGIM Short-Term Corporate Bond Fund - Class R6
-0.43%6.75%4.89%5.95%-6.78%-0.51%5.60%6.77%0.68%2.25%
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, PSTQX achieves a -0.43% return, which is significantly higher than PBHAX's -1.45% return. Over the past 10 years, PSTQX has underperformed PBHAX with an annualized return of 2.56%, while PBHAX has yielded a comparatively higher 5.16% annualized return.


PSTQX

1D
0.19%
1M
-1.56%
YTD
-0.43%
6M
0.80%
1Y
4.26%
3Y*
4.94%
5Y*
2.00%
10Y*
2.56%

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)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PSTQX vs. PBHAX - Expense Ratio Comparison

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


Return for Risk

PSTQX vs. PBHAX — Risk / Return Rank

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

PSTQX
PSTQX Risk / Return Rank: 9292
Overall Rank
PSTQX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
PSTQX Sortino Ratio Rank: 9595
Sortino Ratio Rank
PSTQX Omega Ratio Rank: 9191
Omega Ratio Rank
PSTQX Calmar Ratio Rank: 9292
Calmar Ratio Rank
PSTQX Martin Ratio Rank: 9292
Martin Ratio Rank

PBHAX
PBHAX Risk / Return Rank: 8585
Overall Rank
PBHAX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
PBHAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
PBHAX Omega Ratio Rank: 8888
Omega Ratio Rank
PBHAX Calmar Ratio Rank: 8282
Calmar Ratio Rank
PBHAX Martin Ratio Rank: 8383
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.

PSTQX vs. PBHAX - 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 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.


PSTQXPBHAXDifference

Sharpe ratio

Return per unit of total volatility

1.95

1.61

+0.34

Sortino ratio

Return per unit of downside risk

3.11

2.37

+0.74

Omega ratio

Gain probability vs. loss probability

1.42

1.38

+0.04

Calmar ratio

Return relative to maximum drawdown

2.77

1.99

+0.78

Martin ratio

Return relative to average drawdown

11.02

8.31

+2.71

PSTQX vs. PBHAX - Sharpe Ratio Comparison

The current PSTQX Sharpe Ratio is 1.95, which is comparable to the PBHAX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PSTQX 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.


Loading graphics...

Sharpe Ratios by Period


PSTQXPBHAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.95

1.61

+0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.69

0.61

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.96

0.95

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.96

1.33

-0.37

Correlation

The correlation between PSTQX and PBHAX is 0.40, 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

PSTQX vs. PBHAX - Dividend Comparison

PSTQX's dividend yield for the trailing twelve months is around 3.82%, less than PBHAX's 6.28% yield.


TTM20252024202320222021202020192018201720162015
PSTQX
PGIM Short-Term Corporate Bond Fund - Class R6
3.82%4.08%3.62%2.63%2.31%2.08%2.55%2.95%2.89%2.79%2.74%2.87%
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

PSTQX vs. PBHAX - Drawdown Comparison

The maximum PSTQX drawdown since its inception was -10.47%, smaller than the maximum PBHAX drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for PSTQX and PBHAX.


Loading graphics...

Drawdown Indicators


PSTQXPBHAXDifference

Max Drawdown

Largest peak-to-trough decline

-10.47%

-28.80%

+18.33%

Max Drawdown (1Y)

Largest decline over 1 year

-1.74%

-2.94%

+1.20%

Max Drawdown (5Y)

Largest decline over 5 years

-10.47%

-16.22%

+5.75%

Max Drawdown (10Y)

Largest decline over 10 years

-10.47%

-21.14%

+10.67%

Current Drawdown

Current decline from peak

-1.56%

-2.27%

+0.71%

Average Drawdown

Average peak-to-trough decline

-1.32%

-2.88%

+1.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.44%

0.70%

-0.26%

Volatility

PSTQX vs. PBHAX - Volatility Comparison

The current volatility for PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX) is 0.78%, while PGIM High Yield Fund (PBHAX) has a volatility of 1.20%. This indicates that PSTQX experiences smaller price fluctuations and is considered to be less risky than PBHAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


PSTQXPBHAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.78%

1.20%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

1.49%

2.39%

-0.90%

Volatility (1Y)

Calculated over the trailing 1-year period

2.38%

3.78%

-1.40%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.91%

5.01%

-2.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.66%

5.48%

-2.82%