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PWJZX vs. MIEIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

PWJZX vs. MIEIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison International Opportunities Fund (PWJZX) and MFS International Equity Fund Class R6 (MIEIX). The values are adjusted to include any dividend payments, if applicable.

190.00%200.00%210.00%220.00%230.00%JuneJulyAugustSeptemberOctoberNovember
205.66%
193.57%
PWJZX
MIEIX

Returns By Period

In the year-to-date period, PWJZX achieves a 6.59% return, which is significantly higher than MIEIX's 4.71% return. Over the past 10 years, PWJZX has outperformed MIEIX with an annualized return of 8.80%, while MIEIX has yielded a comparatively lower 7.13% annualized return.


PWJZX

YTD

6.59%

1M

-5.26%

6M

-3.78%

1Y

13.01%

5Y (annualized)

8.36%

10Y (annualized)

8.80%

MIEIX

YTD

4.71%

1M

-5.43%

6M

-2.90%

1Y

11.79%

5Y (annualized)

7.03%

10Y (annualized)

7.13%

Key characteristics


PWJZXMIEIX
Sharpe Ratio0.770.99
Sortino Ratio1.191.44
Omega Ratio1.141.17
Calmar Ratio0.381.37
Martin Ratio3.544.68
Ulcer Index3.68%2.47%
Daily Std Dev16.85%11.67%
Max Drawdown-48.26%-50.56%
Current Drawdown-25.46%-8.47%

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PWJZX vs. MIEIX - Expense Ratio Comparison

PWJZX has a 0.90% expense ratio, which is higher than MIEIX's 0.68% expense ratio.


PWJZX
PGIM Jennison International Opportunities Fund
Expense ratio chart for PWJZX: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%
Expense ratio chart for MIEIX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.8

The correlation between PWJZX and MIEIX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

PWJZX vs. MIEIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison International Opportunities Fund (PWJZX) and MFS International Equity Fund Class R6 (MIEIX). 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.


Sharpe ratio
The chart of Sharpe ratio for PWJZX, currently valued at 0.77, compared to the broader market0.002.004.000.770.99
The chart of Sortino ratio for PWJZX, currently valued at 1.19, compared to the broader market0.005.0010.001.191.44
The chart of Omega ratio for PWJZX, currently valued at 1.14, compared to the broader market1.002.003.004.001.141.17
The chart of Calmar ratio for PWJZX, currently valued at 0.38, compared to the broader market0.005.0010.0015.0020.0025.000.381.37
The chart of Martin ratio for PWJZX, currently valued at 3.54, compared to the broader market0.0020.0040.0060.0080.00100.003.544.68
PWJZX
MIEIX

The current PWJZX Sharpe Ratio is 0.77, which is comparable to the MIEIX Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of PWJZX and MIEIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.77
0.99
PWJZX
MIEIX

Dividends

PWJZX vs. MIEIX - Dividend Comparison

PWJZX's dividend yield for the trailing twelve months is around 0.09%, less than MIEIX's 1.60% yield.


TTM20232022202120202019201820172016201520142013
PWJZX
PGIM Jennison International Opportunities Fund
0.09%0.09%0.00%0.00%0.00%0.00%0.06%0.17%0.24%0.00%0.00%0.00%
MIEIX
MFS International Equity Fund Class R6
1.60%1.67%0.86%2.06%0.79%2.26%1.48%1.85%1.78%1.65%4.89%3.04%

Drawdowns

PWJZX vs. MIEIX - Drawdown Comparison

The maximum PWJZX drawdown since its inception was -48.26%, roughly equal to the maximum MIEIX drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for PWJZX and MIEIX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-25.46%
-8.47%
PWJZX
MIEIX

Volatility

PWJZX vs. MIEIX - Volatility Comparison

The current volatility for PGIM Jennison International Opportunities Fund (PWJZX) is 3.20%, while MFS International Equity Fund Class R6 (MIEIX) has a volatility of 3.86%. This indicates that PWJZX experiences smaller price fluctuations and is considered to be less risky than MIEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.20%
3.86%
PWJZX
MIEIX