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PUDZX vs. HYSZX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PUDZX vs. HYSZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Real Assets Fund (PUDZX) and PGIM Short Duration High Yield Income Fund (HYSZX). The values are adjusted to include any dividend payments, if applicable.

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PUDZX vs. HYSZX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PUDZX
PGIM Real Assets Fund
10.18%13.40%8.61%3.26%-2.76%18.49%4.84%16.29%-9.20%6.22%
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, PUDZX achieves a 10.18% return, which is significantly higher than HYSZX's -0.70% return. Over the past 10 years, PUDZX has outperformed HYSZX with an annualized return of 7.01%, while HYSZX has yielded a comparatively lower 4.90% annualized return.


PUDZX

1D
0.86%
1M
-1.59%
YTD
10.18%
6M
12.08%
1Y
19.34%
3Y*
11.86%
5Y*
9.21%
10Y*
7.01%

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)

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PUDZX vs. HYSZX - Expense Ratio Comparison

PUDZX has a 0.25% expense ratio, which is lower than HYSZX's 0.75% expense ratio.


Return for Risk

PUDZX vs. HYSZX — Risk / Return Rank

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

PUDZX
PUDZX Risk / Return Rank: 9090
Overall Rank
PUDZX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
PUDZX Sortino Ratio Rank: 9090
Sortino Ratio Rank
PUDZX Omega Ratio Rank: 8989
Omega Ratio Rank
PUDZX Calmar Ratio Rank: 8787
Calmar Ratio Rank
PUDZX Martin Ratio Rank: 9595
Martin Ratio Rank

HYSZX
HYSZX Risk / Return Rank: 9090
Overall Rank
HYSZX Sharpe Ratio Rank: 8888
Sharpe Ratio Rank
HYSZX Sortino Ratio Rank: 9191
Sortino Ratio Rank
HYSZX Omega Ratio Rank: 9191
Omega Ratio Rank
HYSZX Calmar Ratio Rank: 8888
Calmar Ratio Rank
HYSZX Martin Ratio Rank: 8989
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.

PUDZX vs. HYSZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Real Assets Fund (PUDZX) 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.


PUDZXHYSZXDifference

Sharpe ratio

Return per unit of total volatility

2.04

1.80

+0.24

Sortino ratio

Return per unit of downside risk

2.65

2.68

-0.03

Omega ratio

Gain probability vs. loss probability

1.41

1.43

-0.02

Calmar ratio

Return relative to maximum drawdown

2.45

2.45

0.00

Martin ratio

Return relative to average drawdown

13.65

10.13

+3.52

PUDZX vs. HYSZX - Sharpe Ratio Comparison

The current PUDZX Sharpe Ratio is 2.04, which is comparable to the HYSZX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of PUDZX 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.


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Sharpe Ratios by Period


PUDZXHYSZXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.04

1.80

+0.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.87

1.02

-0.14

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.73

1.17

-0.44

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

1.13

-0.61

Correlation

The correlation between PUDZX and HYSZX 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

PUDZX vs. HYSZX - Dividend Comparison

PUDZX's dividend yield for the trailing twelve months is around 8.10%, more than HYSZX's 5.93% yield.


TTM20252024202320222021202020192018201720162015
PUDZX
PGIM Real Assets Fund
8.10%8.93%6.67%3.66%9.10%13.00%4.94%3.40%2.14%2.10%1.39%1.72%
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

PUDZX vs. HYSZX - Drawdown Comparison

The maximum PUDZX drawdown since its inception was -21.53%, which is greater than HYSZX's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for PUDZX and HYSZX.


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Drawdown Indicators


PUDZXHYSZXDifference

Max Drawdown

Largest peak-to-trough decline

-21.53%

-18.31%

-3.22%

Max Drawdown (1Y)

Largest decline over 1 year

-8.20%

-2.39%

-5.81%

Max Drawdown (5Y)

Largest decline over 5 years

-17.98%

-9.77%

-8.21%

Max Drawdown (10Y)

Largest decline over 10 years

-21.53%

-18.31%

-3.22%

Current Drawdown

Current decline from peak

-1.59%

-1.42%

-0.17%

Average Drawdown

Average peak-to-trough decline

-5.31%

-1.20%

-4.11%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.47%

0.58%

+0.89%

Volatility

PUDZX vs. HYSZX - Volatility Comparison

PGIM Real Assets Fund (PUDZX) has a higher volatility of 2.71% compared to PGIM Short Duration High Yield Income Fund (HYSZX) at 1.11%. This indicates that PUDZX's price experiences larger fluctuations and is considered to be riskier than HYSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PUDZXHYSZXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.71%

1.11%

+1.60%

Volatility (6M)

Calculated over the trailing 6-month period

6.29%

1.94%

+4.35%

Volatility (1Y)

Calculated over the trailing 1-year period

9.72%

3.10%

+6.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.59%

3.83%

+6.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.70%

4.21%

+5.49%