PCL vs. QCON

Last updated Jun 4, 2026

PCL (PGIM Corporate Bond 10+ Year ETF) and QCON (American Century Quality Convertible Securities ETF) are both Corporate Bonds funds. Both are actively managed. PCL charges 0.25%/yr vs 0.32%/yr for QCON.

Performance

PCL vs. QCON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Corporate Bond 10+ Year ETF (PCL) and American Century Quality Convertible Securities ETF (QCON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PCL

• 1D: -0.35%
• 1M: 1.51%
• YTD: 1.46%
• 6M: 0.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PCL vs. QCON - Yearly Performance Comparison

	2026 (YTD)
PCL PGIM Corporate Bond 10+ Year ETF	0.46%
QCON American Century Quality Convertible Securities ETF	0.00%

Return for Risk

PCL vs. QCON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 10+ Year ETF (PCL) and American Century Quality Convertible Securities ETF (QCON). 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

	PCL	QCON	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	—	—

Drawdowns

PCL vs. QCON - Drawdown Comparison

The maximum PCL drawdown since its inception was -5.14%, which is greater than QCON's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for PCL and QCON.

Drawdown Indicators

	PCL	QCON	Difference
Max Drawdown Largest peak-to-trough decline	-5.14%	0.00%	-5.14%
Current Drawdown Current decline from peak	-1.49%	0.00%	-1.49%
Average Drawdown Average peak-to-trough decline	-1.76%	0.00%	-1.76%

Volatility

Volatility by Period

	PCL	QCON	Difference
Volatility (1Y) Calculated over the trailing 1-year period	7.89%	0.00%	+7.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.89%	0.00%	+7.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.89%	0.00%	+7.89%

PCL vs. QCON - Expense Ratio Comparison

PCL has a 0.25% expense ratio, which is lower than QCON's 0.32% expense ratio.

Dividends

PCL vs. QCON - Dividend Comparison

PCL's dividend yield for the trailing twelve months is around 5.31%, while QCON has not paid dividends to shareholders.

Position	TTM	2025
PCL PGIM Corporate Bond 10+ Year ETF	5.31%	2.52%
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, PCL or QCON?

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, PCL or QCON?

PCL is cheaper with a 0.25% expense ratio, compared with 0.32% for QCON.

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

PCL has the higher dividend yield at 5.31%, compared with 0.00% for QCON.

What is the main difference between PCL and QCON?

They also come from different issuers: PGIM and American Century. Their fees differ too: 0.25% for PCL and 0.32% for QCON.