PCI vs. PTRB

Last updated Jun 6, 2026

PCI (PGIM Corporate Bond 5-10 Year ETF) and PTRB (PGIM Total Return Bond ETF) are both exchange-traded funds - PCI is a Corporate Bonds fund actively managed by PGIM, while PTRB is a Intermediate Core-Plus Bond fund actively managed by PGIM. Both are actively managed. Their correlation of 0.90 suggests significant overlap in exposure. PCI charges 0.25%/yr vs 0.49%/yr for PTRB.

Performance

PCI vs. PTRB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Corporate Bond 5-10 Year ETF (PCI) and PGIM Total Return Bond ETF (PTRB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PCI achieves a 0.25% return, which is significantly higher than PTRB's -0.08% return.

PCI

• 1D: -0.57%
• 1M: -0.79%
• YTD: 0.25%
• 6M: 0.35%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PTRB

• 1D: -0.53%
• 1M: -0.71%
• YTD: -0.08%
• 6M: 0.09%
• 1Y: 4.94%
• 3Y*: 4.94%
• 5Y*: —
• 10Y*: —

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

PCI vs. PTRB - Yearly Performance Comparison

	2026 (YTD)	2025
PCI PGIM Corporate Bond 5-10 Year ETF	0.25%	2.96%
PTRB PGIM Total Return Bond ETF	-0.08%	2.77%

Correlation

The correlation between PCI and PTRB is 0.90, 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 4, 2025	0.90

Return for Risk

PCI vs. PTRB — Risk / Return Rank

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

PTRB

PTRB Risk / Return Rank: 36
PTRB Sharpe Ratio Rank: 37
PTRB Sortino Ratio Rank: 36
PTRB Omega Ratio Rank: 35
PTRB Calmar Ratio Rank: 37
PTRB Martin Ratio Rank: 35

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.

PCI vs. PTRB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 5-10 Year ETF (PCI) and PGIM Total Return Bond ETF (PTRB). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PCI	PTRB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.24	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.04	+0.88

Drawdowns

PCI vs. PTRB - Drawdown Comparison

The maximum PCI drawdown since its inception was -3.04%, smaller than the maximum PTRB drawdown of -19.17%. Use the drawdown chart below to compare losses from any high point for PCI and PTRB.

Drawdown Indicators

	PCI	PTRB	Difference
Max Drawdown Largest peak-to-trough decline	-3.04%	-19.17%	+16.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.52%	—
Current Drawdown Current decline from peak	-1.40%	-2.01%	+0.61%
Average Drawdown Average peak-to-trough decline	-0.58%	-7.63%	+7.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.98%	—

Volatility

Volatility by Period

	PCI	PTRB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.40%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.17%	4.00%	+0.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.17%	6.25%	-2.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.17%	6.25%	-2.08%

PCI vs. PTRB - Expense Ratio Comparison

PCI has a 0.25% expense ratio, which is lower than PTRB's 0.49% expense ratio.

Dividends

PCI vs. PTRB - Dividend Comparison

PCI's dividend yield for the trailing twelve months is around 4.60%, less than PTRB's 4.76% yield.

Position	TTM	2025	2024	2023	2022	2021
PCI PGIM Corporate Bond 5-10 Year ETF	4.60%	2.18%	0.00%	0.00%	0.00%	0.00%
PTRB PGIM Total Return Bond ETF	4.76%	4.73%	5.10%	4.62%	4.07%	0.12%

Frequently Asked Questions

Can I hold both PCI and PTRB in my portfolio?

With a correlation of 0.90, PCI and PTRB 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, PCI or PTRB?

On fees, PCI 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, PCI or PTRB?

PCI is cheaper with a 0.25% expense ratio, compared with 0.49% for PTRB.

Which ETF pays a higher dividend yield, PCI or PTRB?

PTRB has the higher dividend yield at 4.76%, compared with 4.60% for PCI.

What is the main difference between PCI and PTRB?

PCI is categorized as Corporate Bonds, while PTRB is Intermediate Core-Plus Bond. Their fees differ too: 0.25% for PCI and 0.49% for PTRB.