PTRB vs. VWEAX
Compare and contrast key facts about PGIM Total Return Bond ETF (PTRB) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
PTRB is an actively managed fund by PGIM. It was launched on Dec 2, 2021. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PTRB or VWEAX.
Key characteristics
| PTRB | VWEAX | |
|---|---|---|
| YTD Return | 3.45% | 6.48% |
| 1Y Return | 10.50% | 12.98% |
| Sharpe Ratio | 1.61 | 3.44 |
| Sortino Ratio | 2.36 | 5.91 |
| Omega Ratio | 1.30 | 1.90 |
| Calmar Ratio | 0.69 | 3.07 |
| Martin Ratio | 7.34 | 22.45 |
| Ulcer Index | 1.35% | 0.56% |
| Daily Std Dev | 6.12% | 3.64% |
| Max Drawdown | -19.17% | -30.03% |
| Current Drawdown | -5.40% | -0.20% |
Correlation
The correlation between PTRB and VWEAX is 0.53, 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
PTRB vs. VWEAX - Performance Comparison
In the year-to-date period, PTRB achieves a 3.45% return, which is significantly lower than VWEAX's 6.48% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PTRB vs. VWEAX - Expense Ratio Comparison
PTRB has a 0.49% expense ratio, which is higher than VWEAX's 0.13% expense ratio.
Risk-Adjusted Performance
PTRB vs. VWEAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Total Return Bond ETF (PTRB) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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
PTRB vs. VWEAX - Dividend Comparison
PTRB's dividend yield for the trailing twelve months is around 4.89%, less than VWEAX's 6.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PTRB PGIM Total Return Bond ETF | 4.89% | 4.62% | 4.07% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 6.08% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% | 5.89% |
Drawdowns
PTRB vs. VWEAX - Drawdown Comparison
The maximum PTRB drawdown since its inception was -19.17%, smaller than the maximum VWEAX drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for PTRB and VWEAX. For additional features, visit the drawdowns tool.
Volatility
PTRB vs. VWEAX - Volatility Comparison
PGIM Total Return Bond ETF (PTRB) has a higher volatility of 1.59% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.65%. This indicates that PTRB's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.