VLAAX vs. PALDX
VLAAX (Value Line Asset Allocation Fund) and PALDX (PGIM 60/40 Allocation Fund) are both Diversified Portfolio funds. Over the past 5 years, VLAAX returned 1.77%/yr vs 8.53%/yr for PALDX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. VLAAX charges 1.04%/yr vs 0.03%/yr for PALDX.
Performance
VLAAX vs. PALDX - Performance Comparison
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Returns By Period
In the year-to-date period, VLAAX achieves a -3.92% return, which is significantly lower than PALDX's 6.54% return.
VLAAX
- 1D
- -1.00%
- 1M
- -0.65%
- 6M
- -2.34%
- YTD
- -3.92%
- 1Y
- -9.23%
- 3Y*
- 3.51%
- 5Y*
- 1.77%
- 10Y*
- 7.04%
- ALL TIME*
- 8.80%
PALDX
- 1D
- 1.22%
- 1M
- -0.33%
- 6M
- 4.97%
- YTD
- 6.54%
- 1Y
- 15.23%
- 3Y*
- 14.79%
- 5Y*
- 8.53%
- 10Y*
- —
- ALL TIME*
- 9.89%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VLAAX vs. PALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLAAX Value Line Asset Allocation Fund | -3.92% | -2.61% | 9.36% | 21.52% | -15.70% | 11.77% | 15.24% | 25.40% | 2.00% | 4.01% |
PALDX PGIM 60/40 Allocation Fund | 6.54% | 13.62% | 18.96% | 18.90% | -15.65% | 16.30% | 10.68% | 22.27% | -4.12% | 5.95% |
Correlation
The correlation between VLAAX and PALDX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.67 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2017 | 0.79 |
Over the past year, the correlation between VLAAX and PALDX has dropped to 0.42 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
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Return for Risk
VLAAX vs. PALDX — Risk / Return Rank
VLAAX
PALDX
VLAAX vs. PALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Value Line Asset Allocation Fund (VLAAX) and PGIM 60/40 Allocation Fund (PALDX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VLAAX | PALDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.75 | ||
| Sortino ratioReturn per unit of downside risk | -3.86 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.31 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 2.42 | -3.14 |
| Martin ratioReturn relative to average drawdown | -1.16 | 10.80 | -11.96 |
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Drawdowns
VLAAX vs. PALDX - Drawdown Comparison
The maximum VLAAX drawdown since its inception was -43.95%, which is greater than PALDX's maximum drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for VLAAX and PALDX.
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Drawdown Indicators
| VLAAX | PALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.95% | -26.16% | -17.79% |
Max Drawdown (1Y)Largest decline over 1 year | -13.99% | -5.96% | -8.03% |
Max Drawdown (3Y)Largest decline over 3 years | -20.28% | -16.06% | -4.22% |
Max Drawdown (5Y)Largest decline over 5 years | -22.26% | -20.47% | -1.79% |
Max Drawdown (10Y)Largest decline over 10 years | -23.89% | — | — |
Current DrawdownCurrent decline from peak | -17.01% | -1.25% | -15.76% |
Average DrawdownAverage peak-to-trough decline | -6.94% | -4.03% | -2.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.65% | 1.34% | +7.31% |
Volatility
VLAAX vs. PALDX - Volatility Comparison
Value Line Asset Allocation Fund (VLAAX) has a higher volatility of 3.41% compared to PGIM 60/40 Allocation Fund (PALDX) at 2.39%. This indicates that VLAAX's price experiences larger fluctuations and is considered to be riskier than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLAAX | PALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 2.39% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 7.27% | 6.95% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.42% | 8.59% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.71% | 12.20% | +1.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.93% | 12.65% | +0.28% |
VLAAX vs. PALDX - Expense Ratio Comparison
VLAAX has a 1.04% expense ratio, which is higher than PALDX's 0.03% expense ratio.
Dividends
VLAAX vs. PALDX - Dividend Comparison
VLAAX's dividend yield for the trailing twelve months is around 12.72%, more than PALDX's 5.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PALDX PGIM 60/40 Allocation Fund | 5.09% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% | 0.00% | 0.00% |
VLAAX Value Line Asset Allocation Fund | 12.72% | 12.22% | 10.14% | 9.88% | 6.00% | 6.43% | 0.53% | 1.74% | 3.09% | 4.34% | 2.38% | 2.98% |
Frequently Asked Questions
VLAAX and PALDX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLAAX has higher volatility (3.41%) compared to PALDX (2.39%). In terms of maximum drawdown, VLAAX dropped -43.95% vs PALDX's -26.16%.
PALDX currently has the higher Sharpe Ratio (1.68 vs -1.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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