PortfoliosLab logo
PGIM Floating Rate Income ETF (PFRL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US69344A8835

Issuer

PGIM

Inception Date

May 17, 2022

Region

Global (Broad)

Category

Bank Loan

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Bond

Expense Ratio

PFRL has an expense ratio of 0.72%, placing it in the medium range.


Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart


Loading data...

Returns By Period

PGIM Floating Rate Income ETF (PFRL) returned 0.56% year-to-date (YTD) and 6.04% over the past 12 months.


PFRL

YTD

0.56%

1M

2.94%

6M

1.53%

1Y

6.04%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-0.64%

1M

8.97%

6M

-2.62%

1Y

11.90%

5Y*

15.76%

10Y*

10.69%

*Annualized

Monthly Returns

The table below presents the monthly returns of PFRL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.84%0.21%-0.69%-1.02%1.24%0.56%
20241.02%1.05%1.07%0.01%1.09%0.16%0.91%0.79%0.64%0.78%1.21%0.33%9.42%
20233.09%0.66%-0.54%1.00%0.06%2.33%1.58%0.99%0.22%-0.33%2.03%1.94%13.75%
2022-1.53%1.38%1.06%-2.31%0.72%1.87%-0.06%1.06%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 76, PFRL is among the top 24% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PFRL is 7676
Overall Rank
The Sharpe Ratio Rank of PFRL is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of PFRL is 5858
Sortino Ratio Rank
The Omega Ratio Rank of PFRL is 9595
Omega Ratio Rank
The Calmar Ratio Rank of PFRL is 7272
Calmar Ratio Rank
The Martin Ratio Rank of PFRL is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for PGIM Floating Rate Income ETF (PFRL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

PGIM Floating Rate Income ETF Sharpe ratios as of May 13, 2025 (values are recalculated daily):

  • 1-Year: 0.71
  • All Time: 1.50

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of PGIM Floating Rate Income ETF compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History


PGIM Floating Rate Income ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the PGIM Floating Rate Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PGIM Floating Rate Income ETF was 8.83%, occurring on Apr 4, 2025. The portfolio has not yet recovered.

The current PGIM Floating Rate Income ETF drawdown is 0.81%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.83%Mar 4, 202524Apr 4, 2025
-3.18%Aug 17, 202226Sep 29, 202267Jan 6, 202393
-3.14%Jun 9, 20228Jul 6, 20226Aug 5, 202214
-2.22%Mar 9, 20237Mar 17, 202323Apr 20, 202330
-1.19%Sep 20, 202312Oct 5, 202326Nov 10, 202338

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...