Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Active High Yield Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
PGIM Active High Yield Bond ETF (PHYL) has returned -0.69% so far this year and 7.47% over the past 12 months.
PGIM Active High Yield Bond ETF
- 1D
- 0.78%
- 1M
- -1.59%
- YTD
- -0.69%
- 6M
- 0.68%
- 1Y
- 7.47%
- 3Y*
- 8.62%
- 5Y*
- 3.95%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Sep 27, 2018, PHYL's average daily return is +0.02%, while the average monthly return is +0.46%. At this rate, your investment would double in approximately 12.6 years.
Historically, 69% of months were positive and 31% were negative. The best month was Jul 2022 with a return of +6.2%, while the worst month was Mar 2020 at -12.6%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 4 months.
On a daily basis, PHYL closed higher 53% of trading days. The best single day was Mar 26, 2020 with a return of +4.1%, while the worst single day was Mar 16, 2020 at -6.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | 0.30% | -1.59% | -0.69% | |||||||||
| 2025 | 1.50% | 1.01% | -1.17% | 0.19% | 1.61% | 2.16% | 0.55% | 1.30% | 0.77% | 0.14% | 0.56% | 0.67% | 9.65% |
| 2024 | 0.04% | 0.59% | 1.40% | -1.79% | 1.58% | 0.83% | 2.22% | 1.52% | 2.18% | -1.00% | 1.42% | -0.73% | 8.45% |
| 2023 | 3.21% | -1.86% | 1.81% | 1.08% | -1.34% | 1.70% | 1.81% | 0.02% | -1.89% | -1.40% | 4.54% | 3.90% | 11.91% |
| 2022 | -2.78% | -0.87% | -1.65% | -4.25% | 1.73% | -7.25% | 6.23% | -3.32% | -4.39% | 2.85% | 2.78% | -0.79% | -11.80% |
| 2021 | 0.67% | 0.77% | 0.22% | 1.25% | 0.33% | 0.99% | 0.38% | 0.42% | 0.22% | -0.21% | -1.05% | 2.08% | 6.20% |
Benchmark Metrics
PGIM Active High Yield Bond ETF has an annualized alpha of 1.80%, beta of 0.29, and R² of 0.56 versus S&P 500 Index. Calculated based on daily prices since September 28, 2018.
- This ETF participated in 44.81% of S&P 500 Index downside but only 36.50% of its upside — more exposed to losses than it benefited from rallies.
- Beta of 0.29 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.80%
- Beta
- 0.29
- R²
- 0.56
- Upside Capture
- 36.50%
- Downside Capture
- 44.81%
Expense Ratio
PHYL has an expense ratio of 0.53%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PHYL ranks 83 for risk / return — in the top 83% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Active High Yield Bond ETF (PHYL) and compare them to a chosen benchmark (S&P 500 Index).
| PHYL | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.68 | 0.90 | +0.79 |
Sortino ratioReturn per unit of downside risk | 2.35 | 1.39 | +0.96 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.21 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.95 | 1.40 | +0.55 |
Martin ratioReturn relative to average drawdown | 9.37 | 6.61 | +2.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore PHYL risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
PGIM Active High Yield Bond ETF provided a 7.88% dividend yield over the last twelve months, with an annual payout of $2.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.73 | $2.50 | $2.88 | $2.65 | $2.20 | $2.49 | $3.05 | $3.01 | $0.68 |
Dividend yield | 7.88% | 7.05% | 8.28% | 7.62% | 6.55% | 6.13% | 7.51% | 7.31% | 1.79% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Active High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.21 | $0.40 | $0.61 | |||||||||
| 2025 | $0.00 | $0.18 | $0.21 | $0.24 | $0.23 | $0.23 | $0.22 | $0.22 | $0.22 | $0.22 | $0.19 | $0.34 | $2.50 |
| 2024 | $0.00 | $0.23 | $0.22 | $0.25 | $0.24 | $0.25 | $0.24 | $0.25 | $0.25 | $0.22 | $0.23 | $0.50 | $2.88 |
| 2023 | $0.00 | $0.22 | $0.23 | $0.18 | $0.23 | $0.23 | $0.19 | $0.21 | $0.22 | $0.24 | $0.19 | $0.51 | $2.65 |
| 2022 | $0.00 | $0.14 | $0.16 | $0.16 | $0.16 | $0.17 | $0.19 | $0.18 | $0.21 | $0.19 | $0.20 | $0.45 | $2.20 |
| 2021 | $0.00 | $0.19 | $0.16 | $0.19 | $0.19 | $0.18 | $0.16 | $0.16 | $0.18 | $0.17 | $0.19 | $0.71 | $2.49 |
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 graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Active High Yield Bond 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 Active High Yield Bond ETF was 22.07%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current PGIM Active High Yield Bond ETF drawdown is 1.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.07% | Feb 13, 2020 | 27 | Mar 23, 2020 | 95 | Aug 6, 2020 | 122 |
| -16.11% | Dec 29, 2021 | 188 | Sep 27, 2022 | 371 | Mar 20, 2024 | 559 |
| -5.83% | Oct 4, 2018 | 56 | Dec 24, 2018 | 25 | Jan 31, 2019 | 81 |
| -4.53% | Mar 3, 2025 | 27 | Apr 8, 2025 | 24 | May 13, 2025 | 51 |
| -2.68% | Feb 23, 2026 | 25 | Mar 27, 2026 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...