PRSD vs. FLDR
PRSD (State Street Short Duration IG Public & Private Credit ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both Short-Term Bond funds. PRSD is actively managed, while FLDR is passively managed. At a 0.41 correlation, their price movements are largely independent. PRSD charges 0.45%/yr vs 0.15%/yr for FLDR.
Performance
PRSD vs. FLDR - Performance Comparison
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Returns By Period
In the year-to-date period, PRSD achieves a 1.30% return, which is significantly lower than FLDR's 1.76% return.
PRSD
- 1D
- -0.06%
- 1M
- -0.11%
- 6M
- 1.20%
- YTD
- 1.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FLDR
- 1D
- -0.07%
- 1M
- 0.07%
- 6M
- 1.64%
- YTD
- 1.76%
- 1Y
- 4.22%
- 3Y*
- 5.23%
- 5Y*
- 3.70%
- 10Y*
- —
- ALL TIME*
- 3.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.27M | $19.12M | $20.53M | |
| $4.31M | $4.98M | $3.51M |
PRSD vs. FLDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
PRSD State Street Short Duration IG Public & Private Credit ETF | 1.30% | 1.13% |
FLDR Fidelity Low Duration Bond Factor ETF | 1.76% | 1.50% |
Correlation
The correlation between PRSD and FLDR is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 10, 2025 | 0.41 |
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Return for Risk
PRSD vs. FLDR — Risk / Return Rank
PRSD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FLDR
PRSD vs. FLDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Short Duration IG Public & Private Credit ETF (PRSD) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.
| PRSD | FLDR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.43 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 9.07 | — |
| Martin ratioReturn relative to average drawdown | — | 60.08 | — |
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Drawdowns
PRSD vs. FLDR - Drawdown Comparison
The maximum PRSD drawdown since its inception was -0.73%, smaller than the maximum FLDR drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for PRSD and FLDR.
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Drawdown Indicators
| PRSD | FLDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.73% | -12.23% | +11.50% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.47% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.76% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -2.33% | — |
Current DrawdownCurrent decline from peak | -0.43% | -0.18% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -0.12% | -0.35% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.07% | — |
Volatility
PRSD vs. FLDR - Volatility Comparison
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Volatility by Period
| PRSD | FLDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.24% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.63% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.64% | 0.81% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.64% | 1.21% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.64% | 5.22% | -3.58% |
PRSD vs. FLDR - Expense Ratio Comparison
PRSD has a 0.45% expense ratio, which is higher than FLDR's 0.15% expense ratio.
Dividends
PRSD vs. FLDR - Dividend Comparison
PRSD's dividend yield for the trailing twelve months is around 3.32%, less than FLDR's 4.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FLDR Fidelity Low Duration Bond Factor ETF | 4.33% | 4.66% | 5.50% | 5.28% | 2.09% | 0.51% | 1.22% | 2.69% | 1.38% |
PRSD State Street Short Duration IG Public & Private Credit ETF | 3.32% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRSD and FLDR have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLDR is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLDR is cheaper with a 0.15% expense ratio, compared with 0.45% for PRSD.
FLDR has the higher dividend yield at 4.33%, compared with 3.32% for PRSD.
They also come from different issuers: State Street and Fidelity. Their fees differ too: 0.45% for PRSD and 0.15% for FLDR.
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