IGSB vs. PRVBX
Compare and contrast key facts about iShares Short-Term Corporate Bond ETF (IGSB) and Permanent Portfolio Versatile Bond Portfolio (PRVBX).
IGSB is a passively managed fund by iShares that tracks the performance of the ICE BofAML 1-5 Year US Corporate Index. It was launched on Jan 11, 2007. PRVBX is managed by Permanent Portfolio. It was launched on Sep 27, 1991.
Performance
IGSB vs. PRVBX - Performance Comparison
Loading graphics...
IGSB vs. PRVBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 0.14% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
PRVBX Permanent Portfolio Versatile Bond Portfolio | -0.17% | 5.66% | 5.78% | 6.91% | -5.91% | 2.93% | 9.88% | 9.29% | 2.01% | 0.69% |
Returns By Period
In the year-to-date period, IGSB achieves a 0.14% return, which is significantly higher than PRVBX's -0.17% return. Over the past 10 years, IGSB has underperformed PRVBX with an annualized return of 2.74%, while PRVBX has yielded a comparatively higher 4.67% annualized return.
IGSB
- 1D
- 0.27%
- 1M
- -0.89%
- YTD
- 0.14%
- 6M
- 1.38%
- 1Y
- 4.98%
- 3Y*
- 5.48%
- 5Y*
- 2.45%
- 10Y*
- 2.74%
PRVBX
- 1D
- 0.08%
- 1M
- -1.13%
- YTD
- -0.17%
- 6M
- 0.35%
- 1Y
- 4.06%
- 3Y*
- 5.37%
- 5Y*
- 2.62%
- 10Y*
- 4.67%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IGSB vs. PRVBX - Expense Ratio Comparison
IGSB has a 0.06% expense ratio, which is lower than PRVBX's 0.64% expense ratio.
Return for Risk
IGSB vs. PRVBX — Risk / Return Rank
IGSB
PRVBX
IGSB vs. PRVBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and Permanent Portfolio Versatile Bond Portfolio (PRVBX). 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.
| IGSB | PRVBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.18 | 2.21 | -0.03 |
Sortino ratioReturn per unit of downside risk | 3.22 | 3.21 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.45 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 3.46 | 2.77 | +0.69 |
Martin ratioReturn relative to average drawdown | 14.27 | 10.85 | +3.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IGSB | PRVBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 2.21 | -0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.85 | 1.13 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 1.07 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.29 | -0.59 |
Correlation
The correlation between IGSB and PRVBX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IGSB vs. PRVBX - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 4.51%, more than PRVBX's 4.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 4.15% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
PRVBX Permanent Portfolio Versatile Bond Portfolio | 4.19% | 4.18% | 3.61% | 3.16% | 1.83% | 0.85% | 4.73% | 2.51% | 1.71% | 3.30% | 3.27% | 5.71% |
Drawdowns
IGSB vs. PRVBX - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, smaller than the maximum PRVBX drawdown of -16.91%. Use the drawdown chart below to compare losses from any high point for IGSB and PRVBX.
Loading graphics...
Drawdown Indicators
| IGSB | PRVBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.38% | -16.91% | +3.53% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -1.51% | +0.05% |
Max Drawdown (5Y)Largest decline over 5 years | -9.46% | -8.22% | -1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -13.38% | -16.91% | +3.53% |
Current DrawdownCurrent decline from peak | -0.89% | -1.30% | +0.41% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -0.72% | -0.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.35% | 0.38% | -0.03% |
Volatility
IGSB vs. PRVBX - Volatility Comparison
iShares Short-Term Corporate Bond ETF (IGSB) has a higher volatility of 0.96% compared to Permanent Portfolio Versatile Bond Portfolio (PRVBX) at 0.73%. This indicates that IGSB's price experiences larger fluctuations and is considered to be riskier than PRVBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IGSB | PRVBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.96% | 0.73% | +0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 1.32% | 1.21% | +0.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.29% | 1.85% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.91% | 2.33% | +0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.46% | 4.38% | -0.92% |