PPIE vs. PCRB
PPIE (Putnam Panagora ESG International Equity ETF -) and PCRB (Putnam ESG Core Bond ETF -) are both exchange-traded funds - PPIE is a Foreign Large Cap Equities fund actively managed by Putnam, while PCRB is a Intermediate Core Bond fund actively managed by Putnam. Both are actively managed. At a 0.27 correlation, their price movements are largely independent. PPIE charges 0.49%/yr vs 0.35%/yr for PCRB.
Performance
PPIE vs. PCRB - Performance Comparison
Loading charts...
Returns By Period
PPIE
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PCRB
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PPIE vs. PCRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PPIE Putnam Panagora ESG International Equity ETF - | 8.31% | 32.77% | 7.67% | 9.74% |
PCRB Putnam ESG Core Bond ETF - | -0.48% | 7.21% | 1.91% | 2.40% |
Correlation
The correlation between PPIE and PCRB 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 |
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
PPIE vs. PCRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Panagora ESG International Equity ETF - (PPIE) and Putnam ESG Core Bond ETF - (PCRB). 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.
Loading charts...
Drawdowns
PPIE vs. PCRB - Drawdown Comparison
Loading charts...
Volatility
PPIE vs. PCRB - Volatility Comparison
Loading charts...
PPIE vs. PCRB - Expense Ratio Comparison
PPIE has a 0.49% expense ratio, which is higher than PCRB's 0.35% expense ratio.
Dividends
PPIE vs. PCRB - Dividend Comparison
Neither PPIE nor PCRB 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
PPIE and PCRB 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.
PPIE is categorized as Foreign Large Cap Equities, while PCRB is Intermediate Core Bond. Their fees differ too: 0.49% for PPIE and 0.35% for PCRB.
Find the right allocation for PPIE and PCRB
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