EAGG vs. PCRB
EAGG (iShares ESG Aware US Aggregate Bond ETF) and PCRB (Putnam ESG Core Bond ETF -) are both Intermediate Core Bond funds. EAGG is passively managed, while PCRB is actively managed. Their correlation of 0.95 suggests significant overlap in exposure. EAGG charges 0.10%/yr vs 0.35%/yr for PCRB.
Performance
EAGG vs. PCRB - Performance Comparison
Loading charts...
Returns By Period
EAGG
- 1D
- -0.36%
- 1M
- -0.69%
- 6M
- -0.47%
- YTD
- -0.22%
- 1Y
- 3.62%
- 3Y*
- 3.67%
- 5Y*
- -0.29%
- 10Y*
- —
PCRB
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EAGG vs. PCRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | -0.22% | 7.18% | 1.12% | 1.91% |
PCRB Putnam ESG Core Bond ETF - | -0.48% | 7.21% | 1.91% | 2.40% |
Correlation
The correlation between EAGG and PCRB is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023 | 0.95 |
The correlation between EAGG and PCRB has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EAGG vs. PCRB — Risk / Return Rank
EAGG
PCRB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EAGG vs. PCRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Aware US Aggregate Bond ETF (EAGG) and Putnam ESG Core Bond ETF - (PCRB). 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.
| EAGG | PCRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.17 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | — | — |
| Martin ratioReturn relative to average drawdown | 3.71 | — | — |
Loading charts...
Drawdowns
EAGG vs. PCRB - Drawdown Comparison
Loading charts...
Drawdown Indicators
| EAGG | PCRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.74% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -2.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.20% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.98% | — | — |
Current DrawdownCurrent decline from peak | -3.26% | — | — |
Average DrawdownAverage peak-to-trough decline | -6.00% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.98% | — | — |
Volatility
EAGG vs. PCRB - Volatility Comparison
Loading charts...
Volatility by Period
| EAGG | PCRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.71% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.04% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.48% | — | — |
EAGG vs. PCRB - Expense Ratio Comparison
EAGG has a 0.10% expense ratio, which is lower than PCRB's 0.35% expense ratio.
Dividends
EAGG vs. PCRB - Dividend Comparison
EAGG's dividend yield for the trailing twelve months is around 4.04%, while PCRB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
EAGG iShares ESG Aware US Aggregate Bond ETF | 4.04% | 3.92% | 3.93% | 3.24% | 2.07% | 1.09% | 1.82% | 3.17% | 0.61% |
PCRB Putnam ESG Core Bond ETF - | 9.42% | 4.30% | 4.38% | 3.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.90, EAGG and PCRB 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.
On fees, EAGG is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EAGG is cheaper with a 0.10% expense ratio, compared with 0.35% for PCRB.
PCRB has the higher dividend yield at 9.42%, compared with 4.04% for EAGG.
They also come from different issuers: iShares and Putnam. Their fees differ too: 0.10% for EAGG and 0.35% for PCRB.
Find the right allocation for EAGG and PCRB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer