PUDZX vs. PJFAX

Last updated Apr 2, 2026

Compare and contrast key facts about PGIM Real Assets Fund (PUDZX) and PGIM Jennison Growth Fund (PJFAX).

PUDZX is managed by PGIM. It was launched on Dec 29, 2010. PJFAX is managed by PGIM. It was launched on Nov 2, 1995.

Performance

PUDZX vs. PJFAX - Performance Comparison

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

PUDZX vs. PJFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
PJFAX PGIM Jennison Growth Fund	-11.09%	14.53%	48.10%	52.76%	-37.89%	15.65%	55.66%	45.04%	-1.24%	36.41%

Returns By Period

In the year-to-date period, PUDZX achieves a 10.18% return, which is significantly higher than PJFAX's -11.09% return. Over the past 10 years, PUDZX has underperformed PJFAX with an annualized return of 7.01%, while PJFAX has yielded a comparatively higher 17.93% 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%

PJFAX

• 1D: 3.70%
• 1M: -5.62%
• YTD: -11.09%
• 6M: -10.65%
• 1Y: 12.35%
• 3Y*: 24.87%
• 5Y*: 10.87%
• 10Y*: 17.93%

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

PUDZX vs. PJFAX - Expense Ratio Comparison

PUDZX has a 0.25% expense ratio, which is lower than PJFAX's 0.97% expense ratio.

PJFAX

PGIM Jennison Growth Fund

PUDZX

PGIM Real Assets Fund

Return for Risk

PUDZX vs. PJFAX — Risk / Return Rank

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

PUDZX

PUDZX Risk / Return Rank: 90
PUDZX Sharpe Ratio Rank: 91
PUDZX Sortino Ratio Rank: 90
PUDZX Omega Ratio Rank: 89
PUDZX Calmar Ratio Rank: 87
PUDZX Martin Ratio Rank: 95

PJFAX

PJFAX Risk / Return Rank: 23
PJFAX Sharpe Ratio Rank: 21
PJFAX Sortino Ratio Rank: 24
PJFAX Omega Ratio Rank: 23
PJFAX Calmar Ratio Rank: 23
PJFAX Martin Ratio Rank: 22

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. PJFAX - Risk-Adjusted Trends Comparison

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

	PUDZX	PJFAX	Difference
Sharpe ratio Return per unit of total volatility	2.04	0.59	+1.45
Sortino ratio Return per unit of downside risk	2.65	1.01	+1.64
Omega ratio Gain probability vs. loss probability	1.41	1.14	+0.27
Calmar ratio Return relative to maximum drawdown	2.45	0.73	+1.72
Martin ratio Return relative to average drawdown	13.65	2.47	+11.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PUDZX vs. PJFAX - Sharpe Ratio Comparison

The current PUDZX Sharpe Ratio is 2.04, which is higher than the PJFAX Sharpe Ratio of 0.59. The chart below compares the historical Sharpe Ratios of PUDZX and PJFAX, 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

	PUDZX	PJFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	0.59	+1.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.44	+0.43
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.75	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.49	+0.04

Correlation

The correlation between PUDZX and PJFAX is 0.50, 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. PJFAX - Dividend Comparison

PUDZX's dividend yield for the trailing twelve months is around 8.10%, less than PJFAX's 15.09% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
PJFAX PGIM Jennison Growth Fund	15.09%	13.42%	24.62%	7.23%	2.77%	14.67%	9.02%	16.27%	6.06%	5.85%	4.12%	6.90%

Drawdowns

PUDZX vs. PJFAX - Drawdown Comparison

The maximum PUDZX drawdown since its inception was -21.53%, smaller than the maximum PJFAX drawdown of -64.07%. Use the drawdown chart below to compare losses from any high point for PUDZX and PJFAX.

Drawdown Indicators

	PUDZX	PJFAX	Difference
Max Drawdown Largest peak-to-trough decline	-21.53%	-64.07%	+42.54%
Max Drawdown (1Y) Largest decline over 1 year	-8.20%	-17.76%	+9.56%
Max Drawdown (5Y) Largest decline over 5 years	-17.98%	-43.56%	+25.58%
Max Drawdown (10Y) Largest decline over 10 years	-21.53%	-43.56%	+22.03%
Current Drawdown Current decline from peak	-1.59%	-14.72%	+13.13%
Average Drawdown Average peak-to-trough decline	-5.31%	-20.44%	+15.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.47%	5.25%	-3.78%

Volatility

PUDZX vs. PJFAX - Volatility Comparison

The current volatility for PGIM Real Assets Fund (PUDZX) is 2.71%, while PGIM Jennison Growth Fund (PJFAX) has a volatility of 6.98%. This indicates that PUDZX experiences smaller price fluctuations and is considered to be less risky than PJFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PUDZX	PJFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.71%	6.98%	-4.27%
Volatility (6M) Calculated over the trailing 6-month period	6.29%	13.06%	-6.77%
Volatility (1Y) Calculated over the trailing 1-year period	9.72%	22.44%	-12.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.59%	24.81%	-14.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.70%	23.97%	-14.27%