PCL vs. SCHI
PCL (PGIM Corporate Bond 10+ Year ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds. PCL is actively managed, while SCHI is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. PCL charges 0.25%/yr vs 0.03%/yr for SCHI.
Performance
PCL vs. SCHI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PCL achieves a 2.06% return, which is significantly higher than SCHI's 0.37% return.
PCL
- 1D
- 0.18%
- 1M
- 1.57%
- YTD
- 2.06%
- 6M
- 1.90%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SCHI
- 1D
- 0.13%
- 1M
- 0.68%
- YTD
- 0.37%
- 6M
- 0.50%
- 1Y
- 5.29%
- 3Y*
- 6.15%
- 5Y*
- 1.19%
- 10Y*
- —
PCL vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PCL PGIM Corporate Bond 10+ Year ETF | 2.06% | 2.51% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 0.37% | 3.73% |
Correlation
The correlation between PCL and SCHI is 0.91, 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 | 0.91 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PCL vs. SCHI — Risk / Return Rank
PCL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHI
PCL vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 10+ Year ETF (PCL) and Schwab 5-10 Year Corporate Bond ETF (SCHI). 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.
| PCL | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.23 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.76 | — |
| Martin ratioReturn relative to average drawdown | — | 5.66 | — |
Loading charts...
Drawdowns
PCL vs. SCHI - Drawdown Comparison
The maximum PCL drawdown since its inception was -5.14%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for PCL and SCHI.
Loading charts...
Drawdown Indicators
| PCL | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.14% | -20.67% | +15.53% |
Max Drawdown (1Y)Largest decline over 1 year | — | -3.01% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.14% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.67% | — |
Current DrawdownCurrent decline from peak | -0.91% | -1.19% | +0.28% |
Average DrawdownAverage peak-to-trough decline | -1.73% | -5.68% | +3.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.94% | — |
Volatility
PCL vs. SCHI - Volatility Comparison
Loading charts...
Volatility by Period
| PCL | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.25% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.83% | 4.14% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.83% | 6.67% | +1.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.83% | 7.38% | +0.45% |
PCL vs. SCHI - Expense Ratio Comparison
PCL has a 0.25% expense ratio, which is higher than SCHI's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PCL vs. SCHI - Dividend Comparison
PCL's dividend yield for the trailing twelve months is around 5.27%, more than SCHI's 5.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PCL PGIM Corporate Bond 10+ Year ETF | 5.27% | 2.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 5.04% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% |
Frequently Asked Questions
With a correlation of 0.91, PCL and SCHI 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.
On fees, SCHI is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SCHI is cheaper with a 0.03% expense ratio, compared with 0.25% for PCL.
PCL has the higher dividend yield at 5.27%, compared with 5.04% for SCHI.
They also come from different issuers: PGIM and Charles Schwab. Their fees differ too: 0.25% for PCL and 0.03% for SCHI.
Find the right allocation for PCL and SCHI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer