QFITX vs. SCFZX

Last updated Aug 1, 2026

QFITX (Quantified Tactical Fixed Income Fund) and SCFZX (PGIM Securitized Credit Fund) are both Nontraditional Bonds funds. Their -0.02 correlation means they have often moved in opposite directions in the past. QFITX charges 1.56%/yr vs 0.65%/yr for SCFZX.

Performance

QFITX vs. SCFZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Quantified Tactical Fixed Income Fund (QFITX) and PGIM Securitized Credit Fund (SCFZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QFITX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SCFZX

• 1D: 0.10%
• 1M: 0.00%
• 6M: 2.07%
• YTD: 2.71%
• 1Y: 5.38%
• 3Y*: 7.05%
• 5Y*: 5.23%
• 10Y*: —
• ALL TIME*: 4.51%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
SCFZX PGIM Securitized Credit Fund	$0.00	$0.00	$0.00

QFITX vs. SCFZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
QFITX Quantified Tactical Fixed Income Fund	-4.59%	-7.64%	-1.03%	-6.54%	-22.87%	36.77%	10.36%	2.31%
SCFZX PGIM Securitized Credit Fund	2.71%	5.75%	9.41%	8.67%	-0.84%	5.27%	-0.33%	1.06%

Correlation

The correlation between QFITX and SCFZX is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.04
Correlation (3Y) Balances recent behavior with more history.	0.02
Correlation (5Y) Shows whether the relationship held over a longer period.	-0.01
Correlation (All Time) Calculated using the full available price history since Sep 18, 2019	-0.02

Return for Risk

QFITX vs. SCFZX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QFITX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SCFZX

SCFZX Risk / Return Rank: 100
SCFZX Sharpe Ratio Rank: 99
SCFZX Sortino Ratio Rank: 100
SCFZX Omega Ratio Rank: 100
SCFZX Calmar Ratio Rank: 100
SCFZX Martin Ratio Rank: 99

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QFITX vs. SCFZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Quantified Tactical Fixed Income Fund (QFITX) and PGIM Securitized Credit Fund (SCFZX). 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.

	QFITX	SCFZX	Difference
Sharpe ratio: Return per unit of total volatility	—	4.00	—
Sortino ratio: Return per unit of downside risk	—	18.60	—
Omega ratio: Gain probability vs. loss probability	—	7.19	—
Calmar ratio: Return relative to maximum drawdown	—	19.16	—
Martin ratio: Return relative to average drawdown	—	67.68	—

Drawdowns

Drawdown Indicators

	QFITX	SCFZX	Difference
Max Drawdown Largest peak-to-trough decline	—	-17.20%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-0.31%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-4.13%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-1.04%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.09%	—

Volatility

Volatility by Period

	QFITX	SCFZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.47%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.91%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.31%	—

QFITX vs. SCFZX - Expense Ratio Comparison

QFITX has a 1.56% expense ratio, which is higher than SCFZX's 0.65% expense ratio.

Dividends

QFITX vs. SCFZX - Dividend Comparison

QFITX's dividend yield for the trailing twelve months is around 16.08%, more than SCFZX's 4.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QFITX Quantified Tactical Fixed Income Fund	16.08%	12.72%	3.70%	0.08%	0.15%	29.15%	2.12%	4.28%
SCFZX PGIM Securitized Credit Fund	4.61%	5.25%	6.55%	5.58%	4.97%	2.56%	3.08%	2.43%

Frequently Asked Questions

Can I hold both QFITX and SCFZX in my portfolio?

QFITX and SCFZX have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.