Correlation
The correlation between PWJZX and VOO is 0.76, 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.
PWJZX vs. VOO
Compare and contrast key facts about PGIM Jennison International Opportunities Fund (PWJZX) and Vanguard S&P 500 ETF (VOO).
PWJZX is managed by PGIM Investments. It was launched on Jun 4, 2012. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PWJZX or VOO.
Performance
PWJZX vs. VOO - Performance Comparison
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Key characteristics
PWJZX:
0.44
VOO:
0.74
PWJZX:
0.65
VOO:
1.04
PWJZX:
1.08
VOO:
1.15
PWJZX:
0.23
VOO:
0.68
PWJZX:
1.28
VOO:
2.58
PWJZX:
5.98%
VOO:
4.93%
PWJZX:
21.09%
VOO:
19.54%
PWJZX:
-48.22%
VOO:
-33.99%
PWJZX:
-16.57%
VOO:
-3.55%
Returns By Period
In the year-to-date period, PWJZX achieves a 11.55% return, which is significantly higher than VOO's 0.90% return. Over the past 10 years, PWJZX has underperformed VOO with an annualized return of 9.07%, while VOO has yielded a comparatively higher 12.81% annualized return.
PWJZX
11.55%
6.25%
8.94%
8.55%
10.62%
7.67%
9.07%
VOO
0.90%
5.53%
-1.46%
13.29%
14.31%
15.89%
12.81%
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PWJZX vs. VOO - Expense Ratio Comparison
PWJZX has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
PWJZX vs. VOO — Risk-Adjusted Performance Rank
PWJZX
VOO
PWJZX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison International Opportunities Fund (PWJZX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
PWJZX vs. VOO - Dividend Comparison
PWJZX's dividend yield for the trailing twelve months is around 0.07%, less than VOO's 1.29% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PWJZX PGIM Jennison International Opportunities Fund | 0.07% | 0.08% | 0.09% | 0.00% | 0.09% | 0.00% | 0.00% | 0.06% | 0.17% | 0.24% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
PWJZX vs. VOO - Drawdown Comparison
The maximum PWJZX drawdown since its inception was -48.22%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for PWJZX and VOO.
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Volatility
PWJZX vs. VOO - Volatility Comparison
The current volatility for PGIM Jennison International Opportunities Fund (PWJZX) is 3.88%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that PWJZX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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