PBL vs. THRV
PBL (PGIM Portfolio Ballast ETF) and THRV (Prospera Income ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.61 correlation means they provide meaningful diversification when combined. PBL charges 0.45%/yr vs 1.80%/yr for THRV.
Performance
PBL vs. THRV - Performance Comparison
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Returns By Period
In the year-to-date period, PBL achieves a 7.85% return, which is significantly higher than THRV's 1.86% return.
PBL
- 1D
- -0.21%
- 1M
- 4.07%
- YTD
- 7.85%
- 6M
- 8.56%
- 1Y
- 19.49%
- 3Y*
- 15.09%
- 5Y*
- —
- 10Y*
- —
THRV
- 1D
- -0.38%
- 1M
- 0.32%
- YTD
- 1.86%
- 6M
- 1.66%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PBL vs. THRV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PBL PGIM Portfolio Ballast ETF | 7.85% | 1.84% |
THRV Prospera Income ETF | 1.86% | 0.16% |
Correlation
The correlation between PBL and THRV is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025 | 0.61 |
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Return for Risk
PBL vs. THRV — Risk / Return Rank
PBL
THRV
PBL vs. THRV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Portfolio Ballast ETF (PBL) and Prospera Income ETF (THRV). 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.
| PBL | THRV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.39 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.37 | — | — |
| Martin ratioReturn relative to average drawdown | 13.56 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PBL | THRV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.40 | 1.04 | +0.36 |
Drawdowns
PBL vs. THRV - Drawdown Comparison
The maximum PBL drawdown since its inception was -11.69%, which is greater than THRV's maximum drawdown of -1.50%. Use the drawdown chart below to compare losses from any high point for PBL and THRV.
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Drawdown Indicators
| PBL | THRV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.69% | -1.50% | -10.19% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -11.69% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -0.51% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -1.65% | -0.44% | -1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.44% | — | — |
Volatility
PBL vs. THRV - Volatility Comparison
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Volatility by Period
| PBL | THRV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 6.56% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.87% | 2.92% | +5.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.83% | 2.92% | +6.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.83% | 2.92% | +6.91% |
PBL vs. THRV - Expense Ratio Comparison
PBL has a 0.45% expense ratio, which is lower than THRV's 1.80% expense ratio.
Dividends
PBL vs. THRV - Dividend Comparison
PBL's dividend yield for the trailing twelve months is around 2.05%, less than THRV's 4.71% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
PBL PGIM Portfolio Ballast ETF | 2.05% | 2.21% | 6.89% | 7.92% | 0.16% |
THRV Prospera Income ETF | 4.71% | 1.67% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBL and THRV have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PBL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PBL is cheaper with a 0.45% expense ratio, compared with 1.80% for THRV.
THRV has the higher dividend yield at 4.71%, compared with 2.05% for PBL.
They also come from different issuers: PGIM and Prospera Funds. Their fees differ too: 0.45% for PBL and 1.80% for THRV.
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