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PUDZX vs. PBHAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PUDZX vs. PBHAX - Performance Comparison

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

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PUDZX vs. PBHAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PUDZX
PGIM Real Assets Fund
9.23%13.40%8.61%3.26%-2.76%18.49%4.84%16.29%-9.20%6.22%
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, PUDZX achieves a 9.23% return, which is significantly higher than PBHAX's -1.45% return. Over the past 10 years, PUDZX has outperformed PBHAX with an annualized return of 6.92%, while PBHAX has yielded a comparatively lower 5.16% annualized return.


PUDZX

1D
0.29%
1M
-1.98%
YTD
9.23%
6M
11.45%
1Y
18.68%
3Y*
11.54%
5Y*
9.22%
10Y*
6.92%

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)

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PUDZX vs. PBHAX - Expense Ratio Comparison

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


Return for Risk

PUDZX vs. PBHAX — Risk / Return Rank

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

PUDZX
PUDZX Risk / Return Rank: 9191
Overall Rank
PUDZX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
PUDZX Sortino Ratio Rank: 9090
Sortino Ratio Rank
PUDZX Omega Ratio Rank: 9090
Omega Ratio Rank
PUDZX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PUDZX Martin Ratio Rank: 9595
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.

PUDZX vs. PBHAX - Risk-Adjusted Trends Comparison

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


PUDZXPBHAXDifference

Sharpe ratio

Return per unit of total volatility

1.98

1.61

+0.36

Sortino ratio

Return per unit of downside risk

2.57

2.37

+0.20

Omega ratio

Gain probability vs. loss probability

1.40

1.38

+0.01

Calmar ratio

Return relative to maximum drawdown

2.35

1.99

+0.36

Martin ratio

Return relative to average drawdown

13.15

8.31

+4.84

PUDZX vs. PBHAX - Sharpe Ratio Comparison

The current PUDZX Sharpe Ratio is 1.98, which is comparable to the PBHAX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of PUDZX 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.


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Sharpe Ratios by Period


PUDZXPBHAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.98

1.61

+0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.88

0.61

+0.26

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.72

0.95

-0.23

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

1.33

-0.82

Correlation

The correlation between PUDZX and PBHAX is 0.40, 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

PUDZX vs. PBHAX - Dividend Comparison

PUDZX's dividend yield for the trailing twelve months is around 8.17%, more than PBHAX's 6.28% yield.


TTM20252024202320222021202020192018201720162015
PUDZX
PGIM Real Assets Fund
8.17%8.93%6.67%3.66%9.10%13.00%4.94%3.40%2.14%2.10%1.39%1.72%
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

PUDZX vs. PBHAX - Drawdown Comparison

The maximum PUDZX drawdown since its inception was -21.53%, smaller than the maximum PBHAX drawdown of -28.80%. Use the drawdown chart below to compare losses from any high point for PUDZX and PBHAX.


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Drawdown Indicators


PUDZXPBHAXDifference

Max Drawdown

Largest peak-to-trough decline

-21.53%

-28.80%

+7.27%

Max Drawdown (1Y)

Largest decline over 1 year

-8.20%

-2.94%

-5.26%

Max Drawdown (5Y)

Largest decline over 5 years

-17.98%

-16.22%

-1.76%

Max Drawdown (10Y)

Largest decline over 10 years

-21.53%

-21.14%

-0.39%

Current Drawdown

Current decline from peak

-2.44%

-2.27%

-0.17%

Average Drawdown

Average peak-to-trough decline

-5.31%

-2.88%

-2.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.47%

0.70%

+0.77%

Volatility

PUDZX vs. PBHAX - Volatility Comparison

PGIM Real Assets Fund (PUDZX) has a higher volatility of 2.60% compared to PGIM High Yield Fund (PBHAX) at 1.20%. This indicates that PUDZX'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.


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Volatility by Period


PUDZXPBHAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.60%

1.20%

+1.40%

Volatility (6M)

Calculated over the trailing 6-month period

6.24%

2.39%

+3.85%

Volatility (1Y)

Calculated over the trailing 1-year period

9.70%

3.78%

+5.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.58%

5.01%

+5.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.70%

5.48%

+4.22%