SOFR vs. PRAB

Last updated Jul 14, 2026

SOFR (Amplify Samsung SOFR ETF) and PRAB (State Street IG Public & Private ABS ETF) are both Multisector Bonds funds. SOFR is passively managed, while PRAB is actively managed. At a 0.07 correlation, their price movements are largely independent. SOFR charges 0.20%/yr vs 0.39%/yr for PRAB.

Performance

SOFR vs. PRAB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Amplify Samsung SOFR ETF (SOFR) and State Street IG Public & Private ABS ETF (PRAB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SOFR

• 1D: -0.00%
• 1M: 0.29%
• 6M: 1.83%
• YTD: 1.89%
• 1Y: 3.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PRAB

• 1D: -0.06%
• 1M: 0.10%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SOFR vs. PRAB - Yearly Performance Comparison

	2026 (YTD)
SOFR Amplify Samsung SOFR ETF	1.22%
PRAB State Street IG Public & Private ABS ETF	0.82%

Correlation

The correlation between SOFR and PRAB is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 11, 2026	0.07

Return for Risk

SOFR vs. PRAB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SOFR

SOFR Risk / Return Rank: 98
SOFR Sharpe Ratio Rank: 98
SOFR Sortino Ratio Rank: 98
SOFR Omega Ratio Rank: 99
SOFR Calmar Ratio Rank: 98
SOFR Martin Ratio Rank: 97

PRAB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SOFR vs. PRAB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Amplify Samsung SOFR ETF (SOFR) and State Street IG Public & Private ABS ETF (PRAB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	SOFR	PRAB	Difference
Sharpe ratio: Return per unit of total volatility	4.56	—	—
Sortino ratio: Return per unit of downside risk	6.69	—	—
Omega ratio: Gain probability vs. loss probability	3.32	—	—
Calmar ratio: Return relative to maximum drawdown	9.60	—	—
Martin ratio: Return relative to average drawdown	38.87	—	—

Drawdowns

SOFR vs. PRAB - Drawdown Comparison

The maximum SOFR drawdown since its inception was -0.41%, smaller than the maximum PRAB drawdown of -0.48%. Use the drawdown chart below to compare losses from any high point for SOFR and PRAB.

Drawdown Indicators

	SOFR	PRAB	Difference
Max Drawdown Largest peak-to-trough decline	-0.41%	-0.48%	+0.07%
Max Drawdown (1Y) Largest decline over 1 year	-0.41%	—	—
Current Drawdown Current decline from peak	-0.00%	-0.12%	+0.12%
Average Drawdown Average peak-to-trough decline	-0.03%	-0.08%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.10%	—	—

Volatility

Volatility by Period

	SOFR	PRAB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	0.86%	1.12%	-0.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.83%	1.12%	-0.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.83%	1.12%	-0.29%

SOFR vs. PRAB - Expense Ratio Comparison

SOFR has a 0.20% expense ratio, which is lower than PRAB's 0.39% expense ratio.

Dividends

SOFR vs. PRAB - Dividend Comparison

SOFR's dividend yield for the trailing twelve months is around 3.89%, more than PRAB's 1.49% yield.

Position	TTM	2025	2024
PRAB State Street IG Public & Private ABS ETF	1.49%	0.00%	0.00%
SOFR Amplify Samsung SOFR ETF	3.89%	4.22%	1.60%

Frequently Asked Questions

Can I hold both SOFR and PRAB in my portfolio?

SOFR and PRAB have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SOFR or PRAB?

On fees, SOFR is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, SOFR or PRAB?

SOFR is cheaper with a 0.20% expense ratio, compared with 0.39% for PRAB.

Which ETF pays a higher dividend yield, SOFR or PRAB?

SOFR has the higher dividend yield at 3.89%, compared with 1.49% for PRAB.

What is the main difference between SOFR and PRAB?

They also come from different issuers: Amplify and State Street. Their fees differ too: 0.20% for SOFR and 0.39% for PRAB.