PTBD vs. LDRH
PTBD (Pacer Trendpilot US Bond ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - PTBD tracks the Pacer Trendpilot US Bond Index while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. Over the past year, PTBD returned 3.56% vs 6.43% for LDRH. A 0.62 correlation means they provide meaningful diversification when combined. PTBD charges 0.60%/yr vs 0.35%/yr for LDRH.
Performance
PTBD vs. LDRH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PTBD achieves a 0.78% return, which is significantly lower than LDRH's 1.79% return.
PTBD
- 1D
- -0.18%
- 1M
- 0.49%
- YTD
- 0.78%
- 6M
- 0.48%
- 1Y
- 3.56%
- 3Y*
- 4.95%
- 5Y*
- -1.58%
- 10Y*
- —
LDRH
- 1D
- -0.20%
- 1M
- 0.18%
- YTD
- 1.79%
- 6M
- 2.28%
- 1Y
- 6.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PTBD vs. LDRH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
PTBD Pacer Trendpilot US Bond ETF | 0.78% | 2.49% | -0.66% |
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 1.79% | 7.18% | 0.21% |
Correlation
The correlation between PTBD and LDRH is 0.69, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024 | 0.62 |
The correlation between PTBD and LDRH has been stable across timeframes, ranging from 0.62 to 0.69 - a consistent structural relationship.
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
PTBD vs. LDRH — Risk / Return Rank
PTBD
LDRH
PTBD vs. LDRH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Pacer Trendpilot US Bond ETF (PTBD) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.
| PTBD | LDRH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.52 | ||
| Sortino ratioReturn per unit of downside risk | -2.60 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.49 | -0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 5.24 | -4.10 |
| Martin ratioReturn relative to average drawdown | 4.34 | 21.81 | -17.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| PTBD | LDRH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.96 | 2.48 | -1.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.11 | 1.69 | -1.58 |
Drawdowns
PTBD vs. LDRH - Drawdown Comparison
The maximum PTBD drawdown since its inception was -26.00%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for PTBD and LDRH.
Loading charts...
Drawdown Indicators
| PTBD | LDRH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.00% | -3.17% | -22.83% |
Max Drawdown (1Y)Largest decline over 1 year | -3.12% | -1.23% | -1.89% |
Max Drawdown (3Y)Largest decline over 3 years | -3.82% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | — | — |
Current DrawdownCurrent decline from peak | -9.06% | -0.20% | -8.86% |
Average DrawdownAverage peak-to-trough decline | -10.16% | -0.24% | -9.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.30% | +0.52% |
Volatility
PTBD vs. LDRH - Volatility Comparison
Pacer Trendpilot US Bond ETF (PTBD) has a higher volatility of 1.25% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.69%. This indicates that PTBD's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PTBD | LDRH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.25% | 0.69% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 1.97% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.72% | 2.61% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.25% | 3.52% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.81% | 3.52% | +4.29% |
PTBD vs. LDRH - Expense Ratio Comparison
PTBD has a 0.60% expense ratio, which is higher than LDRH's 0.35% expense ratio.
Dividends
PTBD vs. LDRH - Dividend Comparison
PTBD's dividend yield for the trailing twelve months is around 5.88%, less than LDRH's 7.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 7.00% | 6.41% | 1.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PTBD Pacer Trendpilot US Bond ETF | 5.88% | 5.62% | 6.56% | 6.55% | 6.14% | 2.70% | 2.50% | 0.62% |
Frequently Asked Questions
PTBD and LDRH have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PTBD has higher volatility (1.25%) compared to LDRH (0.69%). In terms of maximum drawdown, PTBD dropped -26.00% vs LDRH's -3.17%.
On 1-year performance, LDRH leads with 6.43% vs 3.56% for PTBD. On fees, LDRH is cheaper at 0.35% per year. On volatility, LDRH has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LDRH has performed better with a 6.43% return vs 3.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LDRH is cheaper with a 0.35% expense ratio, compared with 0.60% for PTBD.
LDRH has the higher dividend yield at 7.00%, compared with 5.88% for PTBD.
PTBD tracks Pacer Trendpilot US Bond Index, while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: Pacer and iShares. Their fees differ too: 0.60% for PTBD and 0.35% for LDRH.
LDRH currently has the higher Sharpe Ratio (2.48 vs 0.96), 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 PTBD and LDRH
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