PRVBX vs. IGIB
Compare and contrast key facts about Permanent Portfolio Versatile Bond Portfolio (PRVBX) and iShares Intermediate-Term Corporate Bond ETF (IGIB).
PRVBX is managed by Permanent Portfolio. It was launched on Sep 27, 1991. IGIB is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays U.S. Intermediate Credit Index. It was launched on Jan 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRVBX or IGIB.
Correlation
The correlation between PRVBX and IGIB is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
PRVBX vs. IGIB - Performance Comparison
Key characteristics
PRVBX:
2.86
IGIB:
1.25
PRVBX:
4.37
IGIB:
1.83
PRVBX:
1.58
IGIB:
1.22
PRVBX:
5.86
IGIB:
0.62
PRVBX:
18.29
IGIB:
3.87
PRVBX:
0.32%
IGIB:
1.68%
PRVBX:
2.06%
IGIB:
5.20%
PRVBX:
-16.91%
IGIB:
-20.63%
PRVBX:
-0.11%
IGIB:
-3.47%
Returns By Period
In the year-to-date period, PRVBX achieves a 0.75% return, which is significantly lower than IGIB's 1.28% return. Over the past 10 years, PRVBX has outperformed IGIB with an annualized return of 3.56%, while IGIB has yielded a comparatively lower 2.55% annualized return.
PRVBX
0.75%
0.23%
1.81%
5.80%
3.72%
3.56%
IGIB
1.28%
0.89%
0.17%
6.43%
0.66%
2.55%
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PRVBX vs. IGIB - Expense Ratio Comparison
PRVBX has a 0.64% expense ratio, which is higher than IGIB's 0.06% expense ratio.
Risk-Adjusted Performance
PRVBX vs. IGIB — Risk-Adjusted Performance Rank
PRVBX
IGIB
PRVBX vs. IGIB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Permanent Portfolio Versatile Bond Portfolio (PRVBX) and iShares Intermediate-Term Corporate Bond ETF (IGIB). 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
PRVBX vs. IGIB - Dividend Comparison
PRVBX's dividend yield for the trailing twelve months is around 3.59%, less than IGIB's 4.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRVBX Permanent Portfolio Versatile Bond Portfolio | 3.59% | 3.61% | 3.16% | 1.83% | 0.85% | 4.72% | 2.51% | 1.71% | 3.30% | 2.96% | 4.86% | 3.21% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.41% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% | 2.46% |
Drawdowns
PRVBX vs. IGIB - Drawdown Comparison
The maximum PRVBX drawdown since its inception was -16.91%, smaller than the maximum IGIB drawdown of -20.63%. Use the drawdown chart below to compare losses from any high point for PRVBX and IGIB. For additional features, visit the drawdowns tool.
Volatility
PRVBX vs. IGIB - Volatility Comparison
The current volatility for Permanent Portfolio Versatile Bond Portfolio (PRVBX) is 0.53%, while iShares Intermediate-Term Corporate Bond ETF (IGIB) has a volatility of 1.33%. This indicates that PRVBX experiences smaller price fluctuations and is considered to be less risky than IGIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.