PCS vs. VCLT
PCS (PGIM Corporate Bond 0-5 Year ETF) and VCLT (Vanguard Long-Term Corporate Bond ETF) are both Corporate Bonds funds. PCS is actively managed, while VCLT is passively managed. Over the past year, PCS returned 3.68% vs -0.11% for VCLT. Their 0.76 correlation means they have sometimes moved together and sometimes differently. PCS charges 0.20%/yr vs 0.03%/yr for VCLT.
Performance
PCS vs. VCLT - 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 VCLT's -2.48% return.
PCS
- 1D
- -0.04%
- 1M
- -0.20%
- 6M
- 1.06%
- YTD
- 1.43%
- 1Y
- 3.68%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
VCLT
- 1D
- -0.33%
- 1M
- -3.77%
- 6M
- -2.94%
- YTD
- -2.48%
- 1Y
- -0.11%
- 3Y*
- 3.22%
- 5Y*
- -3.49%
- 10Y*
- 1.58%
- ALL TIME*
- 4.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $33.09K | $30.68K | $31.15K | |
| $269.99M | $266.96M | $358.04M |
PCS vs. VCLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PCS PGIM Corporate Bond 0-5 Year ETF | 1.43% | 2.22% |
VCLT Vanguard Long-Term Corporate Bond ETF | -2.48% | 3.42% |
Correlation
The correlation between PCS and VCLT is 0.76, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025 | 0.76 |
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Return for Risk
PCS vs. VCLT — Risk / Return Rank
PCS
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
VCLT
PCS vs. VCLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Corporate Bond 0-5 Year ETF (PCS) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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 | VCLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.02 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.16 | — |
| Martin ratioReturn relative to average drawdown | — | 0.35 | — |
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Drawdowns
PCS vs. VCLT - Drawdown Comparison
The maximum PCS drawdown since its inception was -1.12%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for PCS and VCLT.
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Drawdown Indicators
| PCS | VCLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.12% | -34.31% | +33.19% |
Max Drawdown (1Y)Largest decline over 1 year | -1.12% | -5.38% | +4.26% |
Max Drawdown (3Y)Largest decline over 3 years | — | -10.26% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -34.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.31% | — |
Current DrawdownCurrent decline from peak | -0.20% | -17.30% | +17.10% |
Average DrawdownAverage peak-to-trough decline | -0.14% | -8.22% | +8.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.43% | — |
Volatility
PCS vs. VCLT - Volatility Comparison
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Volatility by Period
| PCS | VCLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.15% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 6.02% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.58% | 7.78% | -6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.58% | 12.75% | -11.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.58% | 12.83% | -11.25% |
PCS vs. VCLT - Expense Ratio Comparison
PCS has a 0.20% expense ratio, which is higher than VCLT'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. VCLT - Dividend Comparison
PCS's dividend yield for the trailing twelve months is around 4.78%, less than VCLT's 5.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCS PGIM Corporate Bond 0-5 Year ETF | 4.78% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCLT Vanguard Long-Term Corporate Bond ETF | 5.18% | 5.51% | 5.19% | 4.67% | 4.44% | 3.07% | 3.16% | 3.81% | 4.55% | 4.01% | 4.33% | 4.68% |
Frequently Asked Questions
PCS and VCLT have a correlation of 0.76, 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 -0.11% for VCLT. On fees, VCLT 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 -0.11%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VCLT is cheaper with a 0.03% expense ratio, compared with 0.20% for PCS.
VCLT has the higher dividend yield at 5.18%, compared with 4.78% for PCS.
They also come from different issuers: PGIM and Vanguard. Their fees differ too: 0.20% for PCS and 0.03% for VCLT.
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