CCRP vs. PCL

Last updated Jun 25, 2026

CCRP (Columbia Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. CCRP charges 0.18%/yr vs 0.25%/yr for PCL.

Performance

CCRP vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Corporate Bond ETF (CCRP) and PGIM Corporate Bond 10+ Year ETF (PCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CCRP achieves a 1.17% return, which is significantly lower than PCL's 2.74% return.

CCRP

• 1D: 0.40%
• 1M: 1.16%
• YTD: 1.17%
• 6M: 1.07%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCL

• 1D: 0.67%
• 1M: 2.25%
• YTD: 2.74%
• 6M: 1.99%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CCRP vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
CCRP Columbia Corporate Bond ETF	1.17%	-0.30%
PCL PGIM Corporate Bond 10+ Year ETF	2.74%	-0.76%

Correlation

The correlation between CCRP and PCL is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Dec 11, 2025	0.92

Return for Risk

CCRP vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Corporate Bond ETF (CCRP) and PGIM Corporate Bond 10+ Year ETF (PCL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

CCRP vs. PCL - Drawdown Comparison

The maximum CCRP drawdown since its inception was -2.72%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for CCRP and PCL.

Drawdown Indicators

	CCRP	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-2.72%	-5.14%	+2.42%
Current Drawdown Current decline from peak	-0.39%	-0.24%	-0.15%
Average Drawdown Average peak-to-trough decline	-0.85%	-1.72%	+0.87%

Volatility

Volatility by Period

	CCRP	PCL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.76%	7.85%	-3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.76%	7.85%	-3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.76%	7.85%	-3.09%

CCRP vs. PCL - Expense Ratio Comparison

CCRP has a 0.18% expense ratio, which is lower than PCL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

CCRP vs. PCL - Dividend Comparison

CCRP's dividend yield for the trailing twelve months is around 2.02%, less than PCL's 5.24% yield.

Position	TTM	2025
CCRP Columbia Corporate Bond ETF	2.02%	0.25%
PCL PGIM Corporate Bond 10+ Year ETF	5.24%	2.52%

Frequently Asked Questions

Can I hold both CCRP and PCL in my portfolio?

With a correlation of 0.92, CCRP and PCL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, CCRP or PCL?

On fees, CCRP is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CCRP or PCL?

CCRP is cheaper with a 0.18% expense ratio, compared with 0.25% for PCL.

Which ETF pays a higher dividend yield, CCRP or PCL?

PCL has the higher dividend yield at 5.24%, compared with 2.02% for CCRP.

What is the main difference between CCRP and PCL?

They also come from different issuers: Columbia Threadneedle and PGIM. Their fees differ too: 0.18% for CCRP and 0.25% for PCL.