PRAB vs. DYNB

Last updated Jul 30, 2026

PRAB (State Street IG Public & Private ABS ETF) and DYNB (Hartford Dynamic Bond ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.71 correlation means they have sometimes moved together and sometimes differently. PRAB charges 0.39%/yr vs 0.60%/yr for DYNB.

Performance

PRAB vs. DYNB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street IG Public & Private ABS ETF (PRAB) and Hartford Dynamic Bond ETF (DYNB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PRAB

• 1D: 0.00%
• 1M: 0.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

DYNB

• 1D: -0.30%
• 1M: -1.26%
• 6M: -0.27%
• YTD: -0.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DYNB Hartford Dynamic Bond ETF	$72.23K	$274.42K	$212.66K
PRAB State Street IG Public & Private ABS ETF	$4.89K	$7.79K	$93.01K

PRAB vs. DYNB - Yearly Performance Comparison

	2026 (YTD)
PRAB State Street IG Public & Private ABS ETF	1.05%
DYNB Hartford Dynamic Bond ETF	-0.52%

Correlation

The correlation between PRAB and DYNB is 0.71, 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 Mar 11, 2026	0.71

Return for Risk

PRAB vs. DYNB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street IG Public & Private ABS ETF (PRAB) and Hartford Dynamic Bond ETF (DYNB). 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.

Drawdowns

PRAB vs. DYNB - Drawdown Comparison

The maximum PRAB drawdown since its inception was -0.48%, smaller than the maximum DYNB drawdown of -2.61%. Use the drawdown chart below to compare losses from any high point for PRAB and DYNB.

Drawdown Indicators

	PRAB	DYNB	Difference
Max Drawdown Largest peak-to-trough decline	-0.48%	-2.61%	+2.13%
Current Drawdown Current decline from peak	0.00%	-1.52%	+1.52%
Average Drawdown Average peak-to-trough decline	-0.08%	-0.69%	+0.61%

Volatility

Volatility by Period

	PRAB	DYNB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.09%	2.98%	-1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.09%	2.98%	-1.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.09%	2.98%	-1.89%

PRAB vs. DYNB - Expense Ratio Comparison

PRAB has a 0.39% expense ratio, which is lower than DYNB's 0.60% expense ratio.

Dividends

PRAB vs. DYNB - Dividend Comparison

PRAB's dividend yield for the trailing twelve months is around 1.48%, less than DYNB's 3.03% yield.

Position	TTM	2025
DYNB Hartford Dynamic Bond ETF	3.03%	1.03%
PRAB State Street IG Public & Private ABS ETF	1.48%	0.00%

Frequently Asked Questions

Can I hold both PRAB and DYNB in my portfolio?

PRAB and DYNB have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRAB or DYNB?

On fees, PRAB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRAB or DYNB?

PRAB is cheaper with a 0.39% expense ratio, compared with 0.60% for DYNB.

Which ETF pays a higher dividend yield, PRAB or DYNB?

DYNB has the higher dividend yield at 3.03%, compared with 1.48% for PRAB.

What is the main difference between PRAB and DYNB?

They also come from different issuers: State Street and Hartford Funds. Their fees differ too: 0.39% for PRAB and 0.60% for DYNB.