PCRB vs. PPIE
PCRB (Putnam ESG Core Bond ETF -) and PPIE (Putnam Panagora ESG International Equity ETF -) are both exchange-traded funds - PCRB is a Intermediate Core Bond fund actively managed by Putnam, while PPIE is a Foreign Large Cap Equities fund actively managed by Putnam. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. PCRB charges 0.35%/yr vs 0.49%/yr for PPIE.
Performance
PCRB vs. PPIE - Performance Comparison
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Returns By Period
PCRB
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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PPIE
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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PCRB vs. PPIE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PCRB Putnam ESG Core Bond ETF - | -0.48% | 7.21% | 1.91% | 2.40% |
PPIE Putnam Panagora ESG International Equity ETF - | 8.31% | 32.77% | 7.67% | 9.74% |
Correlation
The correlation between PCRB and PPIE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023 | 0.27 |
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Return for Risk
PCRB vs. PPIE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam ESG Core Bond ETF - (PCRB) and Putnam Panagora ESG International Equity ETF - (PPIE). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
PCRB vs. PPIE - Drawdown Comparison
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Volatility
PCRB vs. PPIE - Volatility Comparison
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PCRB vs. PPIE - Expense Ratio Comparison
PCRB has a 0.35% expense ratio, which is lower than PPIE's 0.49% expense ratio.
Dividends
PCRB vs. PPIE - Dividend Comparison
Neither PCRB nor PPIE has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
PCRB Putnam ESG Core Bond ETF - | 9.42% | 4.30% | 4.38% | 3.65% |
PPIE Putnam Panagora ESG International Equity ETF - | 12.06% | 8.40% | 5.12% | 3.30% |
Frequently Asked Questions
PCRB and PPIE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PCRB is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PCRB is cheaper with a 0.35% expense ratio, compared with 0.49% for PPIE.
PPIE has the higher dividend yield at 12.06%, compared with 9.42% for PCRB.
PCRB is categorized as Intermediate Core Bond, while PPIE is Foreign Large Cap Equities. Their fees differ too: 0.35% for PCRB and 0.49% for PPIE.
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