PGIM Floating Rate Income ETF (PFRL) belongs to the Bank Loan category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PFRL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PFRL
PFRL charges 0.72% annually. There are 13 ETFs in the Bank Loan category with lower expense ratios, going as low as 0.40%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Leveraged Loan ETF | 0.40% | 44.48M | Nov 2025 | PFRL vs LVLN | |
| iShares Broad USD Floating Rate Loan ETF | 0.43% | — | Mar 2026 | PFRL vs USLN | |
| Polen Floating Rate Income ETF | 0.49% | 10.22M | Jun 2022 | PFRL vs PCFI | |
| Regan Floating Rate MBS ETF | 0.49% | 154.00M | Feb 2024 | PFRL vs MBSF | |
| BlackRock Floating Rate Loan ETF | 0.55% | 53.54M | Oct 2022 | PFRL vs BRLN |
Best Risk-Adjusted Alternatives to PFRL
PFRL has a PortfoliosLab risk / return rank of 92. There is 1 ETF in the Bank Loan category with a higher risk-adjusted rank, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 95 | 251.16M | Apr 2019 | PFRL vs SEIX | |
| Regan Floating Rate MBS ETF | 88 | 154.00M | Feb 2024 | PFRL vs MBSF | |
| T. Rowe Price Floating Rate ETF | 79 | 662.55M | Nov 2022 | PFRL vs TFLR | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 77 | 574.01M | Jun 2022 | PFRL vs LONZ | |
| Eaton Vance Floating-Rate ETF | 74 | 1.36B | Feb 2024 | PFRL vs EVLN |
Top Performing PFRL Alternatives (YTD)
PFRL is at 2.72% YTD. There is 1 ETF in the Bank Loan category with a higher YTD return, going as high as 2.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 2.82% | 251.16M | Apr 2019 | PFRL vs SEIX | |
| TCW Senior Loan ETF | 2.44% | 327.02M | Jun 2013 | PFRL vs SLNZ | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 2.37% | 574.01M | Jun 2022 | PFRL vs LONZ | |
| Regan Floating Rate MBS ETF | 2.30% | 154.00M | Feb 2024 | PFRL vs MBSF | |
| Eaton Vance Floating-Rate ETF | 1.79% | 1.36B | Feb 2024 | PFRL vs EVLN |
Lowest Volatility Alternatives to PFRL
PFRL has 1.92% 1-year volatility. There are 2 ETFs in the Bank Loan category with lower 1-year volatility, going as low as 1.61%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Seix Senior Loan ETF | 1.61% | 251.16M | Apr 2019 | PFRL vs SEIX | |
| Eaton Vance Floating-Rate ETF | 1.86% | 1.36B | Feb 2024 | PFRL vs EVLN | |
| T. Rowe Price Floating Rate ETF | 1.99% | 662.55M | Nov 2022 | PFRL vs TFLR | |
| PIMCO Senior Loan Active Exchange-Traded Fund | 2.28% | 574.01M | Jun 2022 | PFRL vs LONZ | |
| iShares Broad USD Floating Rate Loan ETF | 2.34% | — | Mar 2026 | PFRL vs USLN |
Lowest Drawdown Alternatives to PFRL
PFRL has a 1-year max drawdown of -1.25%. There are 2 ETFs in the Bank Loan category with shallower 1-year drawdowns, going as shallow as -0.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Regan Floating Rate MBS ETF | -0.79% | 154.00M | Feb 2024 | PFRL vs MBSF | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.16M | Apr 2019 | PFRL vs SEIX | |
| Eaton Vance Floating-Rate ETF | -1.77% | 1.36B | Feb 2024 | PFRL vs EVLN | |
| BlackRock Floating Rate Loan ETF | -2.00% | 53.54M | Oct 2022 | PFRL vs BRLN | |
| PIMCO Senior Loan Active Exchange-Traded Fund | -2.03% | 574.01M | Jun 2022 | PFRL vs LONZ |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PSDM and span 9 categories. AUM among these funds goes as high as $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.55% | 10.35B | Jul 2023 | PFRL vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.18% | 17.62B | Apr 2018 | PFRL vs PULS | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 93 | 1.66% | — | Jul 2023 | PFRL vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 87 | 7.02% | 213.82M | Jun 2024 | PFRL vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 92 | 5.27% | 194.07M | Jun 2024 | PFRL vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 92 | 1.60% | 102.00M | Jun 2024 | PFRL vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 83 | 2.65% | 167.88M | Dec 2023 | PFRL vs PSH | |
| PGIM S&P 500 Max Buffer ETF - April | Defined Outcome | 99 | 3.71% | — | Mar 2025 | PFRL vs PMAP | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 39 | 0.30% | 1.07B | Dec 2021 | PFRL vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 20 | 4.37% | 148.08M | Dec 2022 | PFRL vs PJFG |
Often Compared With PFRL
Investors most often compare PFRL with JAAA, FRFZX, CLOZ. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare PFRL with Any Fund or Stock
Compare PFRL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PFRL with funds that move differently
PGIM Floating Rate Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PFRL.
Explore PFRL Diversifiers