PRSD vs. SJLD

Last updated Jul 4, 2026

PRSD (State Street Short Duration IG Public & Private Credit ETF) and SJLD (SanJac Alpha Low Duration ETF) are both Short-Term Bond funds. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. PRSD charges 0.45%/yr vs 0.35%/yr for SJLD.

Performance

PRSD vs. SJLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Short Duration IG Public & Private Credit ETF (PRSD) and SanJac Alpha Low Duration ETF (SJLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRSD achieves a 1.71% return, which is significantly lower than SJLD's 1.85% return.

PRSD

• 1D: 0.20%
• 1M: 0.37%
• 6M: 1.65%
• YTD: 1.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SJLD

• 1D: 0.02%
• 1M: 0.10%
• 6M: 1.85%
• YTD: 1.85%
• 1Y: 4.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PRSD vs. SJLD - Yearly Performance Comparison

	2026 (YTD)	2025
PRSD State Street Short Duration IG Public & Private Credit ETF	1.71%	1.13%
SJLD SanJac Alpha Low Duration ETF	1.85%	0.85%

Correlation

The correlation between PRSD and SJLD is 0.33, 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	0.33

Return for Risk

PRSD vs. SJLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRSD

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SJLD

SJLD Risk / Return Rank: 93
SJLD Sharpe Ratio Rank: 90
SJLD Sortino Ratio Rank: 94
SJLD Omega Ratio Rank: 95
SJLD Calmar Ratio Rank: 90
SJLD Martin Ratio Rank: 94

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRSD vs. SJLD - 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 SanJac Alpha Low Duration ETF (SJLD). 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	SJLD	Difference
Sharpe ratio: Return per unit of total volatility	—	2.50	—
Sortino ratio: Return per unit of downside risk	—	4.14	—
Omega ratio: Gain probability vs. loss probability	—	1.62	—
Calmar ratio: Return relative to maximum drawdown	—	4.50	—
Martin ratio: Return relative to average drawdown	—	21.34	—

Drawdowns

PRSD vs. SJLD - Drawdown Comparison

The maximum PRSD drawdown since its inception was -0.73%, smaller than the maximum SJLD drawdown of -1.04%. Use the drawdown chart below to compare losses from any high point for PRSD and SJLD.

Drawdown Indicators

	PRSD	SJLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.73%	-1.04%	+0.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.04%	—
Current Drawdown Current decline from peak	-0.03%	-0.02%	-0.01%
Average Drawdown Average peak-to-trough decline	-0.11%	-0.12%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.22%	—

Volatility

Volatility by Period

	PRSD	SJLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.28%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.17%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.63%	1.92%	-0.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.63%	1.92%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.63%	1.92%	-0.29%

PRSD vs. SJLD - Expense Ratio Comparison

PRSD has a 0.45% expense ratio, which is higher than SJLD's 0.35% expense ratio.

Dividends

PRSD vs. SJLD - Dividend Comparison

PRSD's dividend yield for the trailing twelve months is around 3.31%, less than SJLD's 4.42% yield.

Position	TTM	2025	2024
PRSD State Street Short Duration IG Public & Private Credit ETF	3.31%	1.22%	0.00%
SJLD SanJac Alpha Low Duration ETF	4.42%	3.74%	1.26%

Frequently Asked Questions

Can I hold both PRSD and SJLD in my portfolio?

PRSD and SJLD have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PRSD or SJLD?

On fees, SJLD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PRSD or SJLD?

SJLD is cheaper with a 0.35% expense ratio, compared with 0.45% for PRSD.

Which ETF pays a higher dividend yield, PRSD or SJLD?

SJLD has the higher dividend yield at 4.42%, compared with 3.31% for PRSD.

What is the main difference between PRSD and SJLD?

They also come from different issuers: State Street and SanJac Alpha. Their fees differ too: 0.45% for PRSD and 0.35% for SJLD.