PRTBX vs. SGOV
Compare and contrast key facts about Permanent Portfolio Short-Term Treasury Portfolio (PRTBX) and iShares 0-3 Month Treasury Bond ETF (SGOV).
PRTBX is managed by Permanent Portfolio. It was launched on Sep 21, 1987. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRTBX or SGOV.
Correlation
The correlation between PRTBX and SGOV is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRTBX vs. SGOV - Performance Comparison
Key characteristics
PRTBX:
5.66
SGOV:
22.31
PRTBX:
10.12
SGOV:
506.73
PRTBX:
2.59
SGOV:
507.73
PRTBX:
11.32
SGOV:
519.66
PRTBX:
38.33
SGOV:
8,249.41
PRTBX:
0.11%
SGOV:
0.00%
PRTBX:
0.75%
SGOV:
0.23%
PRTBX:
-5.12%
SGOV:
-0.03%
PRTBX:
0.00%
SGOV:
0.00%
Returns By Period
In the year-to-date period, PRTBX achieves a 0.41% return, which is significantly lower than SGOV's 0.54% return.
PRTBX
0.41%
0.31%
1.54%
4.16%
1.03%
0.75%
SGOV
0.54%
0.37%
2.37%
5.11%
N/A
N/A
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PRTBX vs. SGOV - Expense Ratio Comparison
PRTBX has a 0.65% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Risk-Adjusted Performance
PRTBX vs. SGOV — Risk-Adjusted Performance Rank
PRTBX
SGOV
PRTBX vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Short-Term Treasury Portfolio (PRTBX) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Dividends
PRTBX vs. SGOV - Dividend Comparison
PRTBX's dividend yield for the trailing twelve months is around 2.68%, less than SGOV's 5.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
PRTBX Permanent Portfolio Short-Term Treasury Portfolio | 2.68% | 2.69% | 1.79% | 0.00% | 0.00% | 0.21% | 1.65% | 0.83% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.00% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% |
Drawdowns
PRTBX vs. SGOV - Drawdown Comparison
The maximum PRTBX drawdown since its inception was -5.12%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PRTBX and SGOV. For additional features, visit the drawdowns tool.
Volatility
PRTBX vs. SGOV - Volatility Comparison
Permanent Portfolio Short-Term Treasury Portfolio (PRTBX) has a higher volatility of 0.20% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.06%. This indicates that PRTBX's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.