TGRNX vs. PDBZX
Compare and contrast key facts about TIAA-CREF Green Bond Fund (TGRNX) and PGIM Total Return Bond Fund Class Z (PDBZX).
TGRNX is managed by TIAA Investments. It was launched on Nov 16, 2018. PDBZX is managed by PGIM. It was launched on Jan 14, 1997.
Performance
TGRNX vs. PDBZX - Performance Comparison
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TGRNX vs. PDBZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TGRNX TIAA-CREF Green Bond Fund | -0.50% | 6.76% | 3.08% | 5.73% | -13.43% | -0.60% | 8.57% | 9.15% | 1.43% |
PDBZX PGIM Total Return Bond Fund Class Z | -0.28% | 7.70% | 2.87% | 7.70% | -14.33% | -1.46% | 8.01% | 14.76% | 1.89% |
Returns By Period
In the year-to-date period, TGRNX achieves a -0.50% return, which is significantly lower than PDBZX's -0.28% return.
TGRNX
- 1D
- 0.22%
- 1M
- -1.51%
- YTD
- -0.50%
- 6M
- 0.25%
- 1Y
- 3.91%
- 3Y*
- 3.90%
- 5Y*
- 0.40%
- 10Y*
- —
PDBZX
- 1D
- 0.25%
- 1M
- -1.79%
- YTD
- -0.28%
- 6M
- 0.59%
- 1Y
- 4.16%
- 3Y*
- 4.88%
- 5Y*
- 0.96%
- 10Y*
- 2.95%
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TGRNX vs. PDBZX - Expense Ratio Comparison
TGRNX has a 0.45% expense ratio, which is lower than PDBZX's 0.49% expense ratio.
Return for Risk
TGRNX vs. PDBZX — Risk / Return Rank
TGRNX
PDBZX
TGRNX vs. PDBZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TIAA-CREF Green Bond Fund (TGRNX) 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.
| TGRNX | PDBZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 0.99 | +0.26 |
Sortino ratioReturn per unit of downside risk | 1.83 | 1.41 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.18 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.02 | 1.63 | +0.38 |
Martin ratioReturn relative to average drawdown | 7.18 | 4.74 | +2.45 |
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
| TGRNX | PDBZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.99 | +0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.08 | 0.16 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 1.09 | -0.58 |
Correlation
The correlation between TGRNX and PDBZX is 0.94, 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.
Dividends
TGRNX vs. PDBZX - Dividend Comparison
TGRNX's dividend yield for the trailing twelve months is around 3.97%, less than PDBZX's 4.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGRNX TIAA-CREF Green Bond Fund | 3.97% | 4.31% | 4.48% | 3.30% | 2.69% | 2.76% | 4.20% | 4.38% | 0.43% | 0.00% | 0.00% | 0.00% |
PDBZX PGIM Total Return Bond Fund Class Z | 4.18% | 4.54% | 4.79% | 4.60% | 5.73% | 2.73% | 2.94% | 10.36% | 4.01% | 2.87% | 3.92% | 3.33% |
Drawdowns
TGRNX vs. PDBZX - Drawdown Comparison
The maximum TGRNX drawdown since its inception was -17.85%, smaller than the maximum PDBZX drawdown of -20.88%. Use the drawdown chart below to compare losses from any high point for TGRNX and PDBZX.
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Drawdown Indicators
| TGRNX | PDBZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.85% | -20.88% | +3.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.47% | -3.06% | +0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -17.85% | -20.81% | +2.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.88% | — |
Current DrawdownCurrent decline from peak | -1.94% | -2.27% | +0.33% |
Average DrawdownAverage peak-to-trough decline | -5.32% | -2.31% | -3.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.69% | 1.06% | -0.37% |
Volatility
TGRNX vs. PDBZX - Volatility Comparison
The current volatility for TIAA-CREF Green Bond Fund (TGRNX) is 1.13%, while PGIM Total Return Bond Fund Class Z (PDBZX) has a volatility of 1.71%. This indicates that TGRNX experiences smaller price fluctuations and is considered to be less risky 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
| TGRNX | PDBZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | 1.71% | -0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 2.06% | 2.71% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.36% | 4.59% | -1.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.82% | 6.00% | -1.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.84% | 5.34% | -0.50% |