PWJZX vs. MIEIX
Compare and contrast key facts about PGIM Jennison International Opportunities Fund (PWJZX) and MFS International Equity Fund Class R6 (MIEIX).
PWJZX is managed by PGIM Investments. It was launched on Jun 4, 2012. MIEIX is managed by MFS. It was launched on Jan 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PWJZX or MIEIX.
Key characteristics
| PWJZX | MIEIX | |
|---|---|---|
| YTD Return | 12.31% | 10.72% |
| 1Y Return | 27.50% | 23.73% |
| 3Y Return (Ann) | -5.83% | 5.16% |
| 5Y Return (Ann) | 10.71% | 9.14% |
| 10Y Return (Ann) | 10.10% | 8.28% |
| Sharpe Ratio | 1.59 | 2.03 |
| Sortino Ratio | 2.27 | 2.90 |
| Omega Ratio | 1.28 | 1.36 |
| Calmar Ratio | 0.68 | 1.79 |
| Martin Ratio | 8.10 | 12.05 |
| Ulcer Index | 3.43% | 1.96% |
| Daily Std Dev | 17.44% | 11.63% |
| Max Drawdown | -48.22% | -50.56% |
| Current Drawdown | -21.32% | -3.21% |
Correlation
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.
Performance
PWJZX vs. MIEIX - Performance Comparison
In the year-to-date period, PWJZX achieves a 12.31% return, which is significantly higher than MIEIX's 10.72% return. Over the past 10 years, PWJZX has outperformed MIEIX with an annualized return of 10.10%, while MIEIX has yielded a comparatively lower 8.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
PWJZX vs. MIEIX - Dividend Comparison
PWJZX's dividend yield for the trailing twelve months is around 0.08%, less than MIEIX's 1.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PWJZX PGIM Jennison International Opportunities Fund | 0.08% | 0.09% | 0.00% | 0.09% | 0.00% | 0.00% | 0.06% | 0.17% | 0.24% | 0.00% | 0.00% | 3.49% |
MIEIX MFS International Equity Fund Class R6 | 1.51% | 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 -48.22%, 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.
Volatility
PWJZX vs. MIEIX - Volatility Comparison
PGIM Jennison International Opportunities Fund (PWJZX) has a higher volatility of 5.62% compared to MFS International Equity Fund Class R6 (MIEIX) at 4.15%. This indicates that PWJZX's price experiences larger fluctuations and is considered to be riskier than MIEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.