PTEZX vs. SCHX

Last updated Aug 4, 2026

PTEZX (PGIM Quant Solutions Large-Cap Core Equity Fund) and SCHX (Schwab U.S. Large-Cap ETF) are both Large Cap Blend Equities funds. Over the past 10 years, PTEZX returned 15.94%/yr vs 15.03%/yr for SCHX. Their 0.98 correlation means they have historically moved very closely together. PTEZX charges 0.49%/yr vs 0.03%/yr for SCHX.

Performance

PTEZX vs. SCHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Quant Solutions Large-Cap Core Equity Fund (PTEZX) and Schwab U.S. Large-Cap ETF (SCHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with PTEZX having a 11.58% return and SCHX slightly higher at 11.65%. Over the past 10 years, PTEZX has outperformed SCHX with an annualized return of 15.94%, while SCHX has yielded a comparatively lower 15.03% annualized return.

PTEZX

• 1D: 0.59%
• 1M: 0.87%
• 6M: 8.23%
• YTD: 11.58%
• 1Y: 24.43%
• 3Y*: 24.23%
• 5Y*: 15.61%
• 10Y*: 15.94%
• ALL TIME*: 8.41%

SCHX

• 1D: 1.49%
• 1M: 1.63%
• 6M: 9.65%
• YTD: 11.65%
• 1Y: 22.69%
• 3Y*: 20.73%
• 5Y*: 12.49%
• 10Y*: 15.03%
• ALL TIME*: 14.61%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
PTEZX PGIM Quant Solutions Large-Cap Core Equity Fund	$0.00	$0.00	$0.00
SCHX Schwab U.S. Large-Cap ETF	$244.71M	$275.73M	$370.20M

PTEZX vs. SCHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PTEZX PGIM Quant Solutions Large-Cap Core Equity Fund	11.58%	16.65%	39.29%	26.67%	-16.52%	29.12%	11.22%	33.36%	-7.50%	23.38%
SCHX Schwab U.S. Large-Cap ETF	11.65%	17.46%	24.88%	26.84%	-19.41%	26.81%	20.81%	31.22%	-4.66%	21.95%

Correlation

The correlation between PTEZX and SCHX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.97
Correlation (5Y) Shows whether the relationship held over a longer period.	0.98
Correlation (10Y) Provides a long-term view across more market conditions.	0.98
Correlation (All Time) Calculated using the full available price history since Nov 3, 2009	0.98

The correlation between PTEZX and SCHX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

PTEZX vs. SCHX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PTEZX

PTEZX Risk / Return Rank: 70
PTEZX Sharpe Ratio Rank: 66
PTEZX Sortino Ratio Rank: 63
PTEZX Omega Ratio Rank: 61
PTEZX Calmar Ratio Rank: 76
PTEZX Martin Ratio Rank: 86

SCHX

SCHX Risk / Return Rank: 76
SCHX Sharpe Ratio Rank: 76
SCHX Sortino Ratio Rank: 75
SCHX Omega Ratio Rank: 75
SCHX Calmar Ratio Rank: 71
SCHX Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PTEZX vs. SCHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Quant Solutions Large-Cap Core Equity Fund (PTEZX) and Schwab U.S. Large-Cap ETF (SCHX). 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.

	PTEZX	SCHX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.77	-0.09
Sortino ratio: Return per unit of downside risk	2.34	2.44	-0.10
Omega ratio: Gain probability vs. loss probability	1.30	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	2.59	2.53	+0.07
Martin ratio: Return relative to average drawdown	11.43	10.64	+0.79

PTEZX vs. SCHX - Sharpe Ratio Comparison

The current PTEZX Sharpe Ratio is 1.68, which is comparable to the SCHX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of PTEZX and SCHX, 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

PTEZX vs. SCHX - Drawdown Comparison

The maximum PTEZX drawdown since its inception was -55.81%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for PTEZX and SCHX.

Drawdown Indicators

	PTEZX	SCHX	Difference
Max Drawdown Largest peak-to-trough decline	-55.81%	-34.33%	-21.48%
Max Drawdown (1Y) Largest decline over 1 year	-8.66%	-9.02%	+0.36%
Max Drawdown (3Y) Largest decline over 3 years	-26.20%	-19.04%	-7.16%
Max Drawdown (5Y) Largest decline over 5 years	-26.20%	-25.41%	-0.79%
Max Drawdown (10Y) Largest decline over 10 years	-36.19%	-34.33%	-1.86%
Current Drawdown Current decline from peak	-0.89%	0.00%	-0.89%
Average Drawdown Average peak-to-trough decline	-11.60%	-3.95%	-7.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	2.14%	-0.18%

Volatility

PTEZX vs. SCHX - Volatility Comparison

PGIM Quant Solutions Large-Cap Core Equity Fund (PTEZX) and Schwab U.S. Large-Cap ETF (SCHX) have volatilities of 3.71% and 3.70%, 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.

Volatility by Period

	PTEZX	SCHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.71%	3.70%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.56%	10.19%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	13.39%	12.91%	+0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.05%	17.25%	+2.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.89%	18.16%	+1.73%

PTEZX vs. SCHX - Expense Ratio Comparison

PTEZX has a 0.49% expense ratio, which is higher than SCHX's 0.03% expense ratio.

Dividends

PTEZX vs. SCHX - Dividend Comparison

PTEZX's dividend yield for the trailing twelve months is around 10.31%, more than SCHX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PTEZX PGIM Quant Solutions Large-Cap Core Equity Fund	10.31%	11.51%	20.91%	3.55%	2.72%	16.00%	2.38%	6.76%	23.24%	15.58%	5.37%	5.92%
SCHX Schwab U.S. Large-Cap ETF	1.02%	1.09%	1.22%	1.39%	1.64%	1.22%	1.64%	1.82%	2.02%	1.70%	1.92%	2.04%

Frequently Asked Questions

Can I hold both PTEZX and SCHX in my portfolio?

With a correlation of 0.97, PTEZX and SCHX 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, PTEZX or SCHX?

PTEZX has higher volatility (3.71%) compared to SCHX (3.70%). In terms of maximum drawdown, PTEZX dropped -55.81% vs SCHX's -34.33%.

Which has better risk-adjusted returns?

SCHX currently has the higher Sharpe Ratio (1.77 vs 1.68), 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.