RGHYX vs. PHYQX
Compare and contrast key facts about RBC BlueBay High Yield Bond Fund (RGHYX) and PGIM High Yield Fund Class R6 (PHYQX).
RGHYX is managed by RBC Global Asset Management.. It was launched on Nov 30, 2011. PHYQX is managed by PGIM Funds (Prudential). It was launched on Oct 31, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RGHYX or PHYQX.
Correlation
The correlation between RGHYX and PHYQX 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.
Performance
RGHYX vs. PHYQX - Performance Comparison
Key characteristics
RGHYX:
3.54
PHYQX:
3.12
RGHYX:
5.47
PHYQX:
5.40
RGHYX:
1.83
PHYQX:
1.81
RGHYX:
5.13
PHYQX:
4.65
RGHYX:
21.42
PHYQX:
17.59
RGHYX:
0.44%
PHYQX:
0.62%
RGHYX:
2.64%
PHYQX:
3.47%
RGHYX:
-17.38%
PHYQX:
-21.12%
RGHYX:
0.00%
PHYQX:
-0.21%
Returns By Period
In the year-to-date period, RGHYX achieves a 1.83% return, which is significantly higher than PHYQX's 1.43% return. Both investments have delivered pretty close results over the past 10 years, with RGHYX having a 5.08% annualized return and PHYQX not far ahead at 5.28%.
RGHYX
1.83%
0.90%
3.86%
9.11%
4.25%
5.08%
PHYQX
1.43%
0.79%
4.42%
10.82%
3.87%
5.28%
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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
RGHYX
PHYQX
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.
Dividends
RGHYX vs. PHYQX - Dividend Comparison
RGHYX's dividend yield for the trailing twelve months is around 6.81%, less than PHYQX's 7.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RGHYX RBC BlueBay High Yield Bond Fund | 6.81% | 6.92% | 6.23% | 5.54% | 4.28% | 4.30% | 4.88% | 6.79% | 3.88% | 4.45% | 3.60% | 5.06% |
PHYQX PGIM High Yield Fund Class R6 | 7.44% | 7.53% | 7.11% | 7.14% | 5.63% | 6.12% | 6.31% | 6.70% | 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.
Volatility
RGHYX vs. PHYQX - Volatility Comparison
The current volatility for RBC BlueBay High Yield Bond Fund (RGHYX) is 0.54%, while PGIM High Yield Fund Class R6 (PHYQX) has a volatility of 1.05%. This indicates that RGHYX experiences smaller price fluctuations and is considered to be less risky than PHYQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.