EYEG vs. PCL

Last updated Jun 26, 2026

EYEG (AB Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. Their correlation of 0.95 suggests significant overlap in exposure. EYEG charges 0.30%/yr vs 0.25%/yr for PCL.

Performance

EYEG vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Corporate Bond ETF (EYEG) 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, EYEG achieves a 1.03% return, which is significantly lower than PCL's 2.77% return.

EYEG

• 1D: 0.06%
• 1M: 0.87%
• YTD: 1.03%
• 6M: 0.87%
• 1Y: 5.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PCL

• 1D: 0.03%
• 1M: 1.83%
• YTD: 2.77%
• 6M: 2.02%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

EYEG vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
EYEG AB Corporate Bond ETF	1.03%	3.16%
PCL PGIM Corporate Bond 10+ Year ETF	2.77%	2.51%

Correlation

The correlation between EYEG and PCL is 0.95, 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 Aug 1, 2025	0.95

Return for Risk

EYEG vs. PCL — Risk / Return Rank

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

EYEG

EYEG Risk / Return Rank: 36
EYEG Sharpe Ratio Rank: 35
EYEG Sortino Ratio Rank: 35
EYEG Omega Ratio Rank: 32
EYEG Calmar Ratio Rank: 39
EYEG Martin Ratio Rank: 36

PCL

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.

EYEG vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) 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.

	EYEG	PCL	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.72	—	—
Omega ratio: Gain probability vs. loss probability	1.20	—	—
Calmar ratio: Return relative to maximum drawdown	1.77	—	—
Martin ratio: Return relative to average drawdown	5.08	—	—

Drawdowns

EYEG vs. PCL - Drawdown Comparison

The maximum EYEG drawdown since its inception was -4.66%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for EYEG and PCL.

Drawdown Indicators

	EYEG	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-5.14%	+0.48%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	—	—
Current Drawdown Current decline from peak	-0.29%	-0.22%	-0.07%
Average Drawdown Average peak-to-trough decline	-1.24%	-1.71%	+0.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	—	—

Volatility

Volatility by Period

	EYEG	PCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	7.83%	-3.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.44%	7.83%	-2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.44%	7.83%	-2.39%

EYEG vs. PCL - Expense Ratio Comparison

EYEG has a 0.30% expense ratio, which is higher than PCL's 0.25% expense ratio.

Dividends

EYEG vs. PCL - Dividend Comparison

EYEG's dividend yield for the trailing twelve months is around 4.91%, less than PCL's 5.24% yield.

Position	TTM	2025	2024	2023
EYEG AB Corporate Bond ETF	4.91%	4.94%	6.07%	0.25%
PCL PGIM Corporate Bond 10+ Year ETF	5.24%	2.52%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EYEG and PCL in my portfolio?

With a correlation of 0.95, EYEG 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, EYEG or PCL?

On fees, PCL is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, EYEG or PCL?

PCL is cheaper with a 0.25% expense ratio, compared with 0.30% for EYEG.

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

PCL has the higher dividend yield at 5.24%, compared with 4.91% for EYEG.

What is the main difference between EYEG and PCL?

They also come from different issuers: AllianceBernstein and PGIM. Their fees differ too: 0.30% for EYEG and 0.25% for PCL.