PRT vs. VABS
PRT (PermRock Royalty Trust) is a stock, while VABS (Virtus Newfleet ABS/MBS ETF) is Mortgage Backed Securities fund actively managed by Virtus Investment Partners. Over the past 5 years, PRT returned -11.68%/yr vs 3.29%/yr for VABS. At a correlation of -0.06, they often move in opposite directions.
Performance
PRT vs. VABS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PRT achieves a -15.14% return, which is significantly lower than VABS's 2.03% return.
PRT
- 1D
- 1.32%
- 1M
- 9.91%
- 6M
- -22.63%
- YTD
- -15.14%
- 1Y
- -38.63%
- 3Y*
- -20.08%
- 5Y*
- -11.68%
- 10Y*
- —
VABS
- 1D
- 0.04%
- 1M
- 0.18%
- 6M
- 1.78%
- YTD
- 2.03%
- 1Y
- 4.00%
- 3Y*
- 6.17%
- 5Y*
- 3.29%
- 10Y*
- —
PRT vs. VABS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
PRT PermRock Royalty Trust | -15.14% | -12.79% | -11.58% | -37.64% | 24.09% | 106.74% |
VABS Virtus Newfleet ABS/MBS ETF | 2.03% | 5.40% | 7.59% | 7.61% | -5.24% | 0.37% |
Correlation
The correlation between PRT and VABS is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.00 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since Feb 10, 2021 | -0.06 |
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
PRT vs. VABS — Risk / Return Rank
PRT
VABS
PRT vs. VABS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PermRock Royalty Trust (PRT) and Virtus Newfleet ABS/MBS ETF (VABS). 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.
| PRT | VABS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.13 | ||
| Sortino ratioReturn per unit of downside risk | -4.30 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.47 | -0.65 |
| Calmar ratioReturn relative to maximum drawdown | -0.73 | 4.08 | -4.81 |
| Martin ratioReturn relative to average drawdown | -1.71 | 10.68 | -12.39 |
Loading charts...
Drawdowns
PRT vs. VABS - Drawdown Comparison
The maximum PRT drawdown since its inception was -91.42%, which is greater than VABS's maximum drawdown of -7.12%. Use the drawdown chart below to compare losses from any high point for PRT and VABS.
Loading charts...
Drawdown Indicators
| PRT | VABS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.42% | -7.12% | -84.30% |
Max Drawdown (1Y)Largest decline over 1 year | -52.95% | -0.98% | -51.97% |
Max Drawdown (3Y)Largest decline over 3 years | -66.13% | -1.42% | -64.71% |
Max Drawdown (5Y)Largest decline over 5 years | -74.28% | -7.12% | -67.16% |
Current DrawdownCurrent decline from peak | -70.87% | 0.00% | -70.87% |
Average DrawdownAverage peak-to-trough decline | -49.23% | -1.39% | -47.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 22.56% | 0.38% | +22.18% |
Volatility
PRT vs. VABS - Volatility Comparison
PermRock Royalty Trust (PRT) has a higher volatility of 11.51% compared to Virtus Newfleet ABS/MBS ETF (VABS) at 0.37%. This indicates that PRT's price experiences larger fluctuations and is considered to be riskier than VABS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PRT | VABS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.51% | 0.37% | +11.14% |
Volatility (6M)Calculated over the trailing 6-month period | 32.43% | 1.07% | +31.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 38.10% | 1.91% | +36.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 41.51% | 2.30% | +39.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.13% | 2.23% | +57.90% |
Dividends
PRT vs. VABS - Dividend Comparison
PRT's dividend yield for the trailing twelve months is around 10.17%, more than VABS's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
PRT PermRock Royalty Trust | 10.17% | 13.88% | 12.05% | 11.65% | 13.12% | 8.66% | 6.01% | 13.50% | 21.65% |
VABS Virtus Newfleet ABS/MBS ETF | 5.05% | 4.94% | 5.05% | 4.13% | 2.47% | 1.47% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PRT and VABS have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRT has higher volatility (11.51%) compared to VABS (0.37%). In terms of maximum drawdown, PRT dropped -91.42% vs VABS's -7.12%.
VABS currently has the higher Sharpe Ratio (2.11 vs -1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for PRT and VABS
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