Correlation
The correlation between SREZX and BTC-USD is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SREZX vs. BTC-USD
Compare and contrast key facts about PGIM Select Real Estate Fund (SREZX) and Bitcoin (BTC-USD).
SREZX is managed by PGIM Investments. It was launched on Jul 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SREZX or BTC-USD.
Performance
SREZX vs. BTC-USD - Performance Comparison
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Key characteristics
SREZX:
0.78
BTC-USD:
1.05
SREZX:
1.16
BTC-USD:
2.75
SREZX:
1.16
BTC-USD:
1.29
SREZX:
0.63
BTC-USD:
1.89
SREZX:
2.12
BTC-USD:
9.44
SREZX:
6.00%
BTC-USD:
11.20%
SREZX:
16.02%
BTC-USD:
41.37%
SREZX:
-39.13%
BTC-USD:
-93.18%
SREZX:
-7.59%
BTC-USD:
-6.87%
Returns By Period
In the year-to-date period, SREZX achieves a 3.89% return, which is significantly lower than BTC-USD's 11.31% return. Over the past 10 years, SREZX has underperformed BTC-USD with an annualized return of 6.49%, while BTC-USD has yielded a comparatively higher 84.64% annualized return.
SREZX
3.89%
2.60%
-3.75%
10.89%
2.51%
6.83%
6.49%
BTC-USD
11.31%
7.78%
7.83%
54.10%
48.45%
61.52%
84.64%
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Risk-Adjusted Performance
SREZX vs. BTC-USD — Risk-Adjusted Performance Rank
SREZX
BTC-USD
SREZX vs. BTC-USD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Select Real Estate Fund (SREZX) and Bitcoin (BTC-USD). 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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Drawdowns
SREZX vs. BTC-USD - Drawdown Comparison
The maximum SREZX drawdown since its inception was -39.13%, smaller than the maximum BTC-USD drawdown of -93.18%. Use the drawdown chart below to compare losses from any high point for SREZX and BTC-USD.
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Volatility
SREZX vs. BTC-USD - Volatility Comparison
The current volatility for PGIM Select Real Estate Fund (SREZX) is 4.04%, while Bitcoin (BTC-USD) has a volatility of 10.39%. This indicates that SREZX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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