GIGL vs. PCL

Last updated Jun 26, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Their correlation of 0.94 suggests significant overlap in exposure. GIGL charges 0.29%/yr vs 0.25%/yr for PCL.

Performance

GIGL vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) 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, GIGL achieves a 1.13% return, which is significantly lower than PCL's 2.77% return.

GIGL

• 1D: 0.06%
• 1M: 1.03%
• YTD: 1.13%
• 6M: 0.93%
• 1Y: 4.94%
• 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)

GIGL vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	1.13%	3.41%
PCL PGIM Corporate Bond 10+ Year ETF	2.77%	2.51%

Correlation

The correlation between GIGL and PCL is 0.94, 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	0.94

Return for Risk

GIGL vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) 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

GIGL vs. PCL - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for GIGL and PCL.

Drawdown Indicators

	GIGL	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-5.14%	+2.01%
Max Drawdown (1Y) Largest decline over 1 year	-3.13%	—	—
Current Drawdown Current decline from peak	-0.39%	-0.22%	-0.17%
Average Drawdown Average peak-to-trough decline	-0.72%	-1.71%	+0.99%

Volatility

Volatility by Period

	GIGL	PCL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	4.17%	7.83%	-3.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.17%	7.83%	-3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.17%	7.83%	-3.66%

GIGL vs. PCL - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is higher than PCL's 0.25% expense ratio.

Dividends

GIGL vs. PCL - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 3.75%, less than PCL's 5.24% yield.

Position	TTM	2025
GIGL Goldman Sachs Corporate Bond ETF	3.75%	2.12%
PCL PGIM Corporate Bond 10+ Year ETF	5.24%	2.52%

Frequently Asked Questions

Can I hold both GIGL and PCL in my portfolio?

With a correlation of 0.94, GIGL 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, GIGL 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, GIGL or PCL?

PCL is cheaper with a 0.25% expense ratio, compared with 0.29% for GIGL.

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

PCL has the higher dividend yield at 5.24%, compared with 3.75% for GIGL.

What is the main difference between GIGL and PCL?

They also come from different issuers: Goldman Sachs and PGIM. Their fees differ too: 0.29% for GIGL and 0.25% for PCL.