PCS vs. SCHI
PCS (PGIM Corporate Bond 0-5 Year ETF) and SCHI (Schwab 5-10 Year Corporate Bond ETF) are both Corporate Bonds funds. PCS is actively managed, while SCHI is passively managed. Over the past year, PCS returned 3.68% vs 2.20% for SCHI. Their correlation of 0.87 means they have usually moved in the same direction. PCS charges 0.20%/yr vs 0.03%/yr for SCHI.
Performance
PCS vs. SCHI - Performance Comparison
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Returns By Period
In the year-to-date period, PCS achieves a 1.43% return, which is significantly higher than SCHI's -0.64% return.
PCS
- 1D
- -0.04%
- 1M
- -0.20%
- 6M
- 1.06%
- YTD
- 1.43%
- 1Y
- 3.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SCHI
- 1D
- -0.18%
- 1M
- -1.31%
- 6M
- -0.85%
- YTD
- -0.64%
- 1Y
- 2.20%
- 3Y*
- 5.81%
- 5Y*
- 0.68%
- 10Y*
- —
- ALL TIME*
- 1.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $33.09K | $30.68K | $31.15K | |
| $42.16M | $42.05M | $59.83M |
PCS vs. SCHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PCS PGIM Corporate Bond 0-5 Year ETF | 1.43% | 2.22% |
SCHI Schwab 5-10 Year Corporate Bond ETF | -0.64% | 3.73% |
Correlation
The correlation between PCS and SCHI is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025 | 0.87 |
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Return for Risk
PCS vs. SCHI — Risk / Return Rank
PCS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SCHI
PCS vs. SCHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 0-5 Year ETF (PCS) 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.
| PCS | SCHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.13 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.02 | — |
| Martin ratioReturn relative to average drawdown | — | 2.90 | — |
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Drawdowns
PCS vs. SCHI - Drawdown Comparison
The maximum PCS drawdown since its inception was -1.12%, smaller than the maximum SCHI drawdown of -20.67%. Use the drawdown chart below to compare losses from any high point for PCS and SCHI.
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Drawdown Indicators
| PCS | SCHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.12% | -20.67% | +19.55% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -3.01% | +1.89% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.30% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.67% | — |
Current DrawdownCurrent decline from peak | -0.20% | -2.18% | +1.98% |
Average DrawdownAverage peak-to-trough decline | -0.14% | -5.61% | +5.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.06% | — |
Volatility
PCS vs. SCHI - Volatility Comparison
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Volatility by Period
| PCS | SCHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.12% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.31% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.58% | 4.13% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.58% | 6.67% | -5.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.58% | 7.34% | -5.76% |
PCS vs. SCHI - Expense Ratio Comparison
PCS has a 0.20% 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
PCS vs. SCHI - Dividend Comparison
PCS's dividend yield for the trailing twelve months is around 4.78%, less than SCHI's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
PCS PGIM Corporate Bond 0-5 Year ETF | 4.78% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SCHI Schwab 5-10 Year Corporate Bond ETF | 4.65% | 4.99% | 5.11% | 4.27% | 3.10% | 1.93% | 2.31% | 0.53% |
Frequently Asked Questions
PCS and SCHI have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, PCS leads with 3.68% vs 2.20% for SCHI. 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.
Over the 1-year period, PCS has performed better with a 3.68% return vs 2.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SCHI is cheaper with a 0.03% expense ratio, compared with 0.20% for PCS.
PCS has the higher dividend yield at 4.78%, compared with 4.65% for SCHI.
They also come from different issuers: PGIM and Charles Schwab. Their fees differ too: 0.20% for PCS and 0.03% for SCHI.
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