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RGHYX vs. PHYQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between RGHYX and PHYQX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

RGHYX vs. PHYQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC BlueBay High Yield Bond Fund (RGHYX) and PGIM High Yield Fund Class R6 (PHYQX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

RGHYX:

2.13

PHYQX:

2.15

Sortino Ratio

RGHYX:

2.81

PHYQX:

3.15

Omega Ratio

RGHYX:

1.50

PHYQX:

1.51

Calmar Ratio

RGHYX:

1.75

PHYQX:

2.13

Martin Ratio

RGHYX:

8.20

PHYQX:

8.63

Ulcer Index

RGHYX:

0.86%

PHYQX:

0.92%

Daily Std Dev

RGHYX:

3.32%

PHYQX:

3.85%

Max Drawdown

RGHYX:

-17.38%

PHYQX:

-21.12%

Current Drawdown

RGHYX:

-1.07%

PHYQX:

-1.47%

Returns By Period

In the year-to-date period, RGHYX achieves a 1.04% return, which is significantly lower than PHYQX's 1.12% return. Both investments have delivered pretty close results over the past 10 years, with RGHYX having a 5.16% annualized return and PHYQX not far ahead at 5.21%.


RGHYX

YTD

1.04%

1M

2.63%

6M

0.93%

1Y

7.13%

5Y*

6.04%

10Y*

5.16%

PHYQX

YTD

1.12%

1M

2.16%

6M

1.22%

1Y

8.21%

5Y*

6.41%

10Y*

5.21%

*Annualized

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RGHYX vs. PHYQX - Expense Ratio Comparison

RGHYX has a 0.57% expense ratio, which is higher than PHYQX's 0.38% expense ratio.


Risk-Adjusted Performance

RGHYX vs. PHYQX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RGHYX
The Risk-Adjusted Performance Rank of RGHYX is 9393
Overall Rank
The Sharpe Ratio Rank of RGHYX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of RGHYX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of RGHYX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of RGHYX is 9292
Calmar Ratio Rank
The Martin Ratio Rank of RGHYX is 9292
Martin Ratio Rank

PHYQX
The Risk-Adjusted Performance Rank of PHYQX is 9494
Overall Rank
The Sharpe Ratio Rank of PHYQX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of PHYQX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of PHYQX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of PHYQX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of PHYQX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

RGHYX vs. PHYQX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC BlueBay High Yield Bond Fund (RGHYX) and PGIM High Yield Fund Class R6 (PHYQX). 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.


The current RGHYX Sharpe Ratio is 2.13, which is comparable to the PHYQX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of RGHYX and PHYQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

RGHYX vs. PHYQX - Dividend Comparison

RGHYX's dividend yield for the trailing twelve months is around 6.24%, less than PHYQX's 6.88% yield.


TTM20242023202220212020201920182017201620152014
RGHYX
RBC BlueBay High Yield Bond Fund
6.24%6.92%6.23%5.54%4.28%4.30%4.88%6.81%3.88%4.45%3.60%5.06%
PHYQX
PGIM High Yield Fund Class R6
6.88%7.48%7.12%7.12%6.72%6.53%6.33%6.48%6.39%6.50%7.03%6.73%

Drawdowns

RGHYX vs. PHYQX - Drawdown Comparison

The maximum RGHYX drawdown since its inception was -17.38%, smaller than the maximum PHYQX drawdown of -21.12%. Use the drawdown chart below to compare losses from any high point for RGHYX and PHYQX. For additional features, visit the drawdowns tool.


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Volatility

RGHYX vs. PHYQX - Volatility Comparison

RBC BlueBay High Yield Bond Fund (RGHYX) has a higher volatility of 1.29% compared to PGIM High Yield Fund Class R6 (PHYQX) at 1.22%. This indicates that RGHYX's price experiences larger fluctuations and is considered to be riskier than PHYQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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