PTCIX vs. SPLB
Compare and contrast key facts about PIMCO Long-Term Credit Bond Fund (PTCIX) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB).
PTCIX is managed by PIMCO. It was launched on Mar 30, 2009. SPLB is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays Long U.S. Corporate Index. It was launched on Mar 10, 2009.
Performance
PTCIX vs. SPLB - Performance Comparison
Loading graphics...
PTCIX vs. SPLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PTCIX PIMCO Long-Term Credit Bond Fund | -2.23% | 8.56% | -0.06% | 9.20% | -27.04% | -1.00% | 13.28% | 24.99% | -5.92% | 13.56% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | -0.71% | 7.05% | -1.74% | 11.20% | -25.68% | -1.99% | 13.47% | 23.49% | -7.35% | 12.26% |
Returns By Period
In the year-to-date period, PTCIX achieves a -2.23% return, which is significantly lower than SPLB's -0.71% return. Over the past 10 years, PTCIX has outperformed SPLB with an annualized return of 2.83%, while SPLB has yielded a comparatively lower 2.39% annualized return.
PTCIX
- 1D
- 1.06%
- 1M
- -4.96%
- YTD
- -2.23%
- 6M
- -1.93%
- 1Y
- 2.78%
- 3Y*
- 3.06%
- 5Y*
- -1.82%
- 10Y*
- 2.83%
SPLB
- 1D
- 0.77%
- 1M
- -3.01%
- YTD
- -0.71%
- 6M
- -1.36%
- 1Y
- 3.79%
- 3Y*
- 3.08%
- 5Y*
- -1.80%
- 10Y*
- 2.39%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PTCIX vs. SPLB - Expense Ratio Comparison
PTCIX has a 0.55% expense ratio, which is higher than SPLB's 0.07% expense ratio.
Return for Risk
PTCIX vs. SPLB — Risk / Return Rank
PTCIX
SPLB
PTCIX vs. SPLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Long-Term Credit Bond Fund (PTCIX) and SPDR Portfolio Long Term Corporate Bond ETF (SPLB). 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.
| PTCIX | SPLB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.40 | 0.38 | +0.03 |
Sortino ratioReturn per unit of downside risk | 0.60 | 0.57 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.08 | 1.08 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 0.72 | 0.78 | -0.06 |
Martin ratioReturn relative to average drawdown | 1.86 | 1.80 | +0.06 |
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 graphics...
Sharpe Ratios by Period
| PTCIX | SPLB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.40 | 0.38 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.16 | -0.14 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.27 | 0.19 | +0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.44 | +0.12 |
Correlation
The correlation between PTCIX and SPLB is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
PTCIX vs. SPLB - Dividend Comparison
PTCIX's dividend yield for the trailing twelve months is around 5.41%, which matches SPLB's 5.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTCIX PIMCO Long-Term Credit Bond Fund | 5.41% | 5.67% | 5.23% | 3.83% | 4.86% | 7.39% | 7.72% | 5.14% | 6.51% | 4.81% | 5.75% | 14.97% |
SPLB SPDR Portfolio Long Term Corporate Bond ETF | 5.37% | 5.25% | 5.20% | 4.60% | 4.53% | 3.00% | 3.01% | 3.79% | 4.50% | 4.06% | 4.34% | 4.70% |
Drawdowns
PTCIX vs. SPLB - Drawdown Comparison
The maximum PTCIX drawdown since its inception was -35.64%, roughly equal to the maximum SPLB drawdown of -34.46%. Use the drawdown chart below to compare losses from any high point for PTCIX and SPLB.
Loading graphics...
Drawdown Indicators
| PTCIX | SPLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.64% | -34.46% | -1.18% |
Max Drawdown (1Y)Largest decline over 1 year | -5.95% | -5.43% | -0.52% |
Max Drawdown (5Y)Largest decline over 5 years | -35.64% | -34.46% | -1.18% |
Max Drawdown (10Y)Largest decline over 10 years | -35.64% | -34.46% | -1.18% |
Current DrawdownCurrent decline from peak | -17.32% | -15.92% | -1.40% |
Average DrawdownAverage peak-to-trough decline | -8.14% | -7.93% | -0.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.36% | -0.05% |
Volatility
PTCIX vs. SPLB - Volatility Comparison
The current volatility for PIMCO Long-Term Credit Bond Fund (PTCIX) is 3.71%, while SPDR Portfolio Long Term Corporate Bond ETF (SPLB) has a volatility of 4.02%. This indicates that PTCIX experiences smaller price fluctuations and is considered to be less risky than SPLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| PTCIX | SPLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 4.02% | -0.31% |
Volatility (6M)Calculated over the trailing 6-month period | 5.41% | 5.67% | -0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.29% | 10.14% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.51% | 12.74% | -1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.44% | 12.95% | -2.51% |