SDHY vs. PDBZX
Compare and contrast key facts about PGIM Short Duration High Yield Opportunities Fund (SDHY) and PGIM Total Return Bond Fund Class Z (PDBZX).
SDHY is managed by PGIM. PDBZX is managed by PGIM. It was launched on Jan 14, 1997.
Performance
SDHY vs. PDBZX - Performance Comparison
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SDHY vs. PDBZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SDHY PGIM Short Duration High Yield Opportunities Fund | -1.32% | 10.37% | 16.68% | 11.40% | -13.33% | -3.05% | 2.35% |
PDBZX PGIM Total Return Bond Fund Class Z | -0.53% | 7.70% | 2.87% | 7.70% | -14.33% | -1.46% | 1.08% |
Returns By Period
In the year-to-date period, SDHY achieves a -1.32% return, which is significantly lower than PDBZX's -0.53% return.
SDHY
- 1D
- 2.63%
- 1M
- -3.77%
- YTD
- -1.32%
- 6M
- -0.35%
- 1Y
- 5.14%
- 3Y*
- 11.42%
- 5Y*
- 4.37%
- 10Y*
- —
PDBZX
- 1D
- 0.50%
- 1M
- -2.52%
- YTD
- -0.53%
- 6M
- 0.58%
- 1Y
- 4.25%
- 3Y*
- 4.79%
- 5Y*
- 1.00%
- 10Y*
- 2.93%
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SDHY vs. PDBZX - Expense Ratio Comparison
SDHY has a 0.70% expense ratio, which is higher than PDBZX's 0.49% expense ratio.
Return for Risk
SDHY vs. PDBZX — Risk / Return Rank
SDHY
PDBZX
SDHY vs. PDBZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration High Yield Opportunities Fund (SDHY) and PGIM Total Return Bond Fund Class Z (PDBZX). 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.
| SDHY | PDBZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.49 | 1.04 | -0.55 |
Sortino ratioReturn per unit of downside risk | 0.74 | 1.48 | -0.74 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.18 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.59 | 1.75 | -1.16 |
Martin ratioReturn relative to average drawdown | 2.24 | 5.12 | -2.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SDHY | PDBZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.49 | 1.04 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.17 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 1.09 | -0.75 |
Correlation
The correlation between SDHY and PDBZX is 0.24, 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.
Dividends
SDHY vs. PDBZX - Dividend Comparison
SDHY's dividend yield for the trailing twelve months is around 8.09%, more than PDBZX's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDHY PGIM Short Duration High Yield Opportunities Fund | 8.09% | 7.88% | 8.04% | 8.64% | 8.82% | 7.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PDBZX PGIM Total Return Bond Fund Class Z | 4.19% | 4.54% | 4.79% | 4.60% | 5.73% | 2.73% | 2.94% | 10.36% | 4.01% | 2.87% | 3.92% | 3.33% |
Drawdowns
SDHY vs. PDBZX - Drawdown Comparison
The maximum SDHY drawdown since its inception was -22.65%, which is greater than PDBZX's maximum drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for SDHY and PDBZX.
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Drawdown Indicators
| SDHY | PDBZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.65% | -20.88% | -1.77% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -3.06% | -5.69% |
Max Drawdown (5Y)Largest decline over 5 years | -22.28% | -20.81% | -1.47% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.88% | — |
Current DrawdownCurrent decline from peak | -3.83% | -2.52% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -6.83% | -2.31% | -4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.30% | 1.05% | +1.25% |
Volatility
SDHY vs. PDBZX - Volatility Comparison
PGIM Short Duration High Yield Opportunities Fund (SDHY) has a higher volatility of 4.20% compared to PGIM Total Return Bond Fund Class Z (PDBZX) at 1.72%. This indicates that SDHY's price experiences larger fluctuations and is considered to be riskier than PDBZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SDHY | PDBZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.20% | 1.72% | +2.48% |
Volatility (6M)Calculated over the trailing 6-month period | 5.78% | 2.71% | +3.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.55% | 4.59% | +5.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.71% | 6.00% | +4.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.12% | 5.34% | +5.78% |