PRAB vs. RJVI

Last updated Aug 2, 2026

PRAB (State Street IG Public & Private ABS ETF) and RJVI (RJ Eagle Vertical Income ETF) are both Multisector Bonds funds. Both are actively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. PRAB charges 0.39%/yr vs 0.51%/yr for RJVI.

Performance

PRAB vs. RJVI - Performance Comparison

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

Returns By Period

PRAB

• 1D: -0.02%
• 1M: 0.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

RJVI

• 1D: 0.02%
• 1M: -0.81%
• 6M: 0.21%
• YTD: 1.68%
• 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)
PRAB State Street IG Public & Private ABS ETF	$4.91K	$7.76K	$91.52K
RJVI RJ Eagle Vertical Income ETF	$400.67K	$233.11K	$109.48K

PRAB vs. RJVI - Yearly Performance Comparison

	2026 (YTD)
PRAB State Street IG Public & Private ABS ETF	0.99%
RJVI RJ Eagle Vertical Income ETF	-0.15%

Correlation

The correlation between PRAB and RJVI is 0.60, 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	0.60

Return for Risk

PRAB vs. RJVI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street IG Public & Private ABS ETF (PRAB) and RJ Eagle Vertical Income ETF (RJVI). 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. RJVI - Drawdown Comparison

The maximum PRAB drawdown since its inception was -0.48%, smaller than the maximum RJVI drawdown of -3.12%. Use the drawdown chart below to compare losses from any high point for PRAB and RJVI.

Drawdown Indicators

	PRAB	RJVI	Difference
Max Drawdown Largest peak-to-trough decline	-0.48%	-3.12%	+2.64%
Current Drawdown Current decline from peak	-0.06%	-1.48%	+1.42%
Average Drawdown Average peak-to-trough decline	-0.08%	-1.04%	+0.96%

Volatility

Volatility by Period

	PRAB	RJVI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	1.08%	4.10%	-3.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.08%	4.10%	-3.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.08%	4.10%	-3.02%

PRAB vs. RJVI - Expense Ratio Comparison

PRAB has a 0.39% expense ratio, which is lower than RJVI's 0.51% expense ratio.

Dividends

PRAB vs. RJVI - Dividend Comparison

PRAB's dividend yield for the trailing twelve months is around 1.48%, less than RJVI's 3.35% yield.

Position	TTM	2025
PRAB State Street IG Public & Private ABS ETF	1.48%	0.00%
RJVI RJ Eagle Vertical Income ETF	3.35%	0.93%

Frequently Asked Questions

Can I hold both PRAB and RJVI in my portfolio?

PRAB and RJVI have a correlation of 0.60, 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 RJVI?

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 RJVI?

PRAB is cheaper with a 0.39% expense ratio, compared with 0.51% for RJVI.

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

RJVI has the higher dividend yield at 3.35%, compared with 1.48% for PRAB.

What is the main difference between PRAB and RJVI?

They also come from different issuers: State Street and Carillon Tower Advisers. Their fees differ too: 0.39% for PRAB and 0.51% for RJVI.