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.
Performance
PWJZX vs. MIEIX - Performance Comparison
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
6.59%
-5.26%
-3.78%
13.01%
8.36%
8.80%
MIEIX
4.71%
-5.43%
-2.90%
11.79%
7.03%
7.13%
Key characteristics
PWJZX | MIEIX | |
---|---|---|
Sharpe Ratio | 0.77 | 0.99 |
Sortino Ratio | 1.19 | 1.44 |
Omega Ratio | 1.14 | 1.17 |
Calmar Ratio | 0.38 | 1.37 |
Martin Ratio | 3.54 | 4.68 |
Ulcer Index | 3.68% | 2.47% |
Daily Std Dev | 16.85% | 11.67% |
Max Drawdown | -48.26% | -50.56% |
Current Drawdown | -25.46% | -8.47% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PWJZX vs. MIEIX - Expense Ratio Comparison
PWJZX has a 0.90% expense ratio, which is higher than MIEIX's 0.68% expense ratio.
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.
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 0.09%, less than MIEIX's 1.60% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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.
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.