PUDZX vs. VWINX

Last updated Jun 19, 2026

PUDZX (PGIM Real Assets Fund) and VWINX (Vanguard Wellesley Income Fund Investor Shares) are both Diversified Portfolio funds. Over the past 10 years, PUDZX returned 6.60%/yr vs 5.77%/yr for VWINX. A 0.67 correlation means they provide meaningful diversification when combined. PUDZX charges 0.25%/yr vs 0.22%/yr for VWINX.

Performance

PUDZX vs. VWINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Real Assets Fund (PUDZX) and Vanguard Wellesley Income Fund Investor Shares (VWINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PUDZX achieves a 10.63% return, which is significantly higher than VWINX's 3.39% return. Over the past 10 years, PUDZX has outperformed VWINX with an annualized return of 6.60%, while VWINX has yielded a comparatively lower 5.77% annualized return.

PUDZX

• 1D: -0.94%
• 1M: -3.31%
• YTD: 10.63%
• 6M: 11.54%
• 1Y: 17.54%
• 3Y*: 11.90%
• 5Y*: 8.00%
• 10Y*: 6.60%

VWINX

• 1D: 0.26%
• 1M: 1.12%
• YTD: 3.39%
• 6M: 3.55%
• 1Y: 10.49%
• 3Y*: 8.40%
• 5Y*: 4.24%
• 10Y*: 5.77%

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

PUDZX vs. VWINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PUDZX PGIM Real Assets Fund	10.63%	13.40%	8.61%	3.26%	-2.76%	18.49%	4.84%	16.29%	-9.20%	6.22%
VWINX Vanguard Wellesley Income Fund Investor Shares	3.39%	10.98%	5.86%	6.99%	-9.09%	8.48%	8.44%	16.39%	-2.54%	9.29%

Correlation

The correlation between PUDZX and VWINX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.67

The correlation between PUDZX and VWINX shifts across timeframes, from 0.53 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.

Return for Risk

PUDZX vs. VWINX — Risk / Return Rank

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

PUDZX

PUDZX Risk / Return Rank: 80
PUDZX Sharpe Ratio Rank: 79
PUDZX Sortino Ratio Rank: 73
PUDZX Omega Ratio Rank: 73
PUDZX Calmar Ratio Rank: 90
PUDZX Martin Ratio Rank: 88

VWINX

VWINX Risk / Return Rank: 56
VWINX Sharpe Ratio Rank: 60
VWINX Sortino Ratio Rank: 63
VWINX Omega Ratio Rank: 58
VWINX Calmar Ratio Rank: 51
VWINX Martin Ratio Rank: 51

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. VWINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Real Assets Fund (PUDZX) and Vanguard Wellesley Income Fund Investor Shares (VWINX). 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.

	PUDZX	VWINX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.03	+0.32
Sortino ratio: Return per unit of downside risk	3.18	2.92	+0.26
Omega ratio: Gain probability vs. loss probability	1.43	1.37	+0.06
Calmar ratio: Return relative to maximum drawdown	4.29	2.53	+1.76
Martin ratio: Return relative to average drawdown	15.20	9.52	+5.68

PUDZX vs. VWINX - Sharpe Ratio Comparison

The current PUDZX Sharpe Ratio is 2.34, which is comparable to the VWINX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of PUDZX and VWINX, 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

PUDZX vs. VWINX - Drawdown Comparison

The maximum PUDZX drawdown since its inception was -21.53%, roughly equal to the maximum VWINX drawdown of -21.72%. Use the drawdown chart below to compare losses from any high point for PUDZX and VWINX.

Drawdown Indicators

	PUDZX	VWINX	Difference
Max Drawdown Largest peak-to-trough decline	-21.53%	-21.72%	+0.19%
Max Drawdown (1Y) Largest decline over 1 year	-4.19%	-4.16%	-0.03%
Max Drawdown (3Y) Largest decline over 3 years	-8.20%	-6.98%	-1.22%
Max Drawdown (5Y) Largest decline over 5 years	-17.98%	-15.30%	-2.68%
Max Drawdown (10Y) Largest decline over 10 years	-21.53%	-17.43%	-4.10%
Current Drawdown Current decline from peak	-4.19%	-0.35%	-3.84%
Average Drawdown Average peak-to-trough decline	-5.25%	-2.63%	-2.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.18%	1.10%	+0.08%

Volatility

PUDZX vs. VWINX - Volatility Comparison

PGIM Real Assets Fund (PUDZX) has a higher volatility of 2.07% compared to Vanguard Wellesley Income Fund Investor Shares (VWINX) at 1.63%. This indicates that PUDZX's price experiences larger fluctuations and is considered to be riskier than VWINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PUDZX	VWINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.07%	1.63%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	6.22%	3.92%	+2.30%
Volatility (1Y) Calculated over the trailing 1-year period	7.67%	5.20%	+2.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.51%	6.99%	+3.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.70%	6.93%	+2.77%

PUDZX vs. VWINX - Expense Ratio Comparison

PUDZX has a 0.25% expense ratio, which is higher than VWINX's 0.22% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

PUDZX vs. VWINX - Dividend Comparison

PUDZX's dividend yield for the trailing twelve months is around 7.90%, less than VWINX's 8.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PUDZX PGIM Real Assets Fund	7.90%	8.93%	6.67%	3.66%	9.10%	13.00%	4.94%	3.40%	2.14%	2.10%	1.39%	1.72%
VWINX Vanguard Wellesley Income Fund Investor Shares	8.64%	7.86%	6.61%	4.73%	7.67%	6.03%	4.30%	3.94%	7.56%	3.20%	4.00%	5.60%

Frequently Asked Questions

Can I hold both PUDZX and VWINX in my portfolio?

PUDZX and VWINX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PUDZX or VWINX?

PUDZX has higher volatility (2.07%) compared to VWINX (1.63%). In terms of maximum drawdown, PUDZX dropped -21.53% vs VWINX's -21.72%.

Which has better risk-adjusted returns?

PUDZX currently has the higher Sharpe Ratio (2.34 vs 2.03), 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.