GXIG vs. PCL
GXIG (Global X Investment Grade Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. GXIG charges 0.14%/yr vs 0.25%/yr for PCL.
Performance
GXIG vs. PCL - Performance Comparison
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Returns By Period
In the year-to-date period, GXIG achieves a -0.60% return, which is significantly lower than PCL's -0.55% return.
GXIG
- 1D
- -0.38%
- 1M
- -1.22%
- 6M
- -0.62%
- YTD
- -0.60%
- 1Y
- 3.57%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PCL
- 1D
- -0.65%
- 1M
- -2.43%
- 6M
- -1.08%
- YTD
- -0.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GXIG vs. PCL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXIG Global X Investment Grade Corporate Bond ETF | -0.60% | 3.17% |
PCL PGIM Corporate Bond 10+ Year ETF | -0.55% | 2.51% |
Correlation
The correlation between GXIG and PCL is 0.88, 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 | 0.88 |
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Return for Risk
GXIG vs. PCL — Risk / Return Rank
GXIG
PCL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GXIG vs. PCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global X Investment Grade Corporate Bond ETF (GXIG) 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.
| GXIG | PCL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.13 | — | — |
| Martin ratioReturn relative to average drawdown | 2.70 | — | — |
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Drawdowns
GXIG vs. PCL - Drawdown Comparison
The maximum GXIG drawdown since its inception was -3.18%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for GXIG and PCL.
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Drawdown Indicators
| GXIG | PCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.18% | -5.14% | +1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | — | — |
Current DrawdownCurrent decline from peak | -2.37% | -3.48% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -1.08% | -1.71% | +0.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.33% | — | — |
Volatility
GXIG vs. PCL - Volatility Comparison
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Volatility by Period
| GXIG | PCL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 3.41% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.74% | 7.85% | -2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.71% | 7.85% | -2.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.71% | 7.85% | -2.14% |
GXIG vs. PCL - Expense Ratio Comparison
GXIG has a 0.14% 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
GXIG vs. PCL - Dividend Comparison
GXIG's dividend yield for the trailing twelve months is around 6.40%, more than PCL's 5.90% yield.
| Position | TTM | 2025 |
|---|---|---|
GXIG Global X Investment Grade Corporate Bond ETF | 6.40% | 3.83% |
PCL PGIM Corporate Bond 10+ Year ETF | 5.90% | 2.52% |
Frequently Asked Questions
GXIG and PCL have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GXIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GXIG is cheaper with a 0.14% expense ratio, compared with 0.25% for PCL.
GXIG has the higher dividend yield at 6.40%, compared with 5.90% for PCL.
They also come from different issuers: Global X and PGIM. Their fees differ too: 0.14% for GXIG and 0.25% for PCL.
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