EDGF vs. PCRB

Last updated Jul 17, 2026

EDGF (3EDGE Dynamic Fixed Income ETF) and PCRB (Putnam ESG Core Bond ETF -) are both Intermediate Core Bond funds. Both are actively managed. A 0.68 correlation means they provide meaningful diversification when combined. EDGF charges 0.79%/yr vs 0.35%/yr for PCRB.

Performance

EDGF vs. PCRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in 3EDGE Dynamic Fixed Income ETF (EDGF) and Putnam ESG Core Bond ETF - (PCRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

EDGF

• 1D: -0.01%
• 1M: -0.06%
• 6M: 0.93%
• YTD: 1.01%
• 1Y: 2.92%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCRB

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EDGF vs. PCRB - Yearly Performance Comparison

	2026 (YTD)	2025	2024
EDGF 3EDGE Dynamic Fixed Income ETF	1.01%	4.36%	-1.41%
PCRB Putnam ESG Core Bond ETF -	-0.48%	7.21%	-3.00%

Correlation

The correlation between EDGF and PCRB is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	0.68

The correlation between EDGF and PCRB shifts across timeframes, from 0.51 (1 year) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

EDGF vs. PCRB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDGF

EDGF Risk / Return Rank: 72
EDGF Sharpe Ratio Rank: 57
EDGF Sortino Ratio Rank: 65
EDGF Omega Ratio Rank: 65
EDGF Calmar Ratio Rank: 91
EDGF Martin Ratio Rank: 79

PCRB

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDGF vs. PCRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for 3EDGE Dynamic Fixed Income ETF (EDGF) 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.

	EDGF	PCRB	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.42	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	4.56	—	—
Martin ratio: Return relative to average drawdown	11.83	—	—

Drawdowns

Drawdown Indicators

	EDGF	PCRB	Difference
Max Drawdown Largest peak-to-trough decline	-1.62%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-0.64%	—	—
Current Drawdown Current decline from peak	-0.11%	—	—
Average Drawdown Average peak-to-trough decline	-0.44%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.25%	—	—

Volatility

Volatility by Period

	EDGF	PCRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.89%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.30%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.30%	—	—

EDGF vs. PCRB - Expense Ratio Comparison

EDGF has a 0.79% expense ratio, which is higher than PCRB's 0.35% expense ratio.

Dividends

EDGF vs. PCRB - Dividend Comparison

EDGF's dividend yield for the trailing twelve months is around 3.22%, while PCRB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
EDGF 3EDGE Dynamic Fixed Income ETF	3.22%	3.61%	0.49%	0.00%
PCRB Putnam ESG Core Bond ETF -	9.42%	4.30%	4.38%	3.65%

Frequently Asked Questions

Can I hold both EDGF and PCRB in my portfolio?

EDGF and PCRB have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, EDGF or PCRB?

On fees, PCRB is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EDGF or PCRB?

PCRB is cheaper with a 0.35% expense ratio, compared with 0.79% for EDGF.

Which ETF pays a higher dividend yield, EDGF or PCRB?

PCRB has the higher dividend yield at 9.42%, compared with 3.22% for EDGF.

What is the main difference between EDGF and PCRB?

They also come from different issuers: 3EDGE Asset Management and Putnam. Their fees differ too: 0.79% for EDGF and 0.35% for PCRB.