THRV vs. SPLS

Last updated Jun 23, 2026

THRV (Prospera Income ETF) and SPLS (PIMCO U.S. Stocks PLUS Active Bond ETF) are both Diversified Portfolio funds. Both are actively managed. A 0.66 correlation means they provide meaningful diversification when combined. THRV charges 1.80%/yr vs 0.18%/yr for SPLS.

Performance

THRV vs. SPLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Prospera Income ETF (THRV) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

THRV

• 1D: -0.04%
• 1M: -0.33%
• YTD: 1.79%
• 6M: 1.92%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SPLS

• 1D: -0.54%
• 1M: 0.20%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

THRV vs. SPLS - Yearly Performance Comparison

	2026 (YTD)
THRV Prospera Income ETF	0.92%
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	8.34%

Correlation

The correlation between THRV and SPLS is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 16, 2026	0.66

Return for Risk

THRV vs. SPLS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Prospera Income ETF (THRV) and PIMCO U.S. Stocks PLUS Active Bond ETF (SPLS). 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.

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

Drawdowns

THRV vs. SPLS - Drawdown Comparison

The maximum THRV drawdown since its inception was -1.50%, smaller than the maximum SPLS drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for THRV and SPLS.

Drawdown Indicators

	THRV	SPLS	Difference
Max Drawdown Largest peak-to-trough decline	-1.50%	-9.24%	+7.74%
Current Drawdown Current decline from peak	-0.58%	-1.60%	+1.02%
Average Drawdown Average peak-to-trough decline	-0.44%	-1.86%	+1.42%

Volatility

Volatility by Period

	THRV	SPLS	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	15.51%	-12.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	15.51%	-12.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	15.51%	-12.55%

THRV vs. SPLS - Expense Ratio Comparison

THRV has a 1.80% expense ratio, which is higher than SPLS's 0.18% expense ratio.

Dividends

THRV vs. SPLS - Dividend Comparison

THRV's dividend yield for the trailing twelve months is around 5.40%, more than SPLS's 0.22% yield.

Position	TTM	2025
SPLS PIMCO U.S. Stocks PLUS Active Bond ETF	0.22%	0.00%
THRV Prospera Income ETF	5.40%	1.67%

Frequently Asked Questions

Can I hold both THRV and SPLS in my portfolio?

THRV and SPLS have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, THRV or SPLS?

On fees, SPLS is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, THRV or SPLS?

SPLS is cheaper with a 0.18% expense ratio, compared with 1.80% for THRV.

Which ETF pays a higher dividend yield, THRV or SPLS?

THRV has the higher dividend yield at 5.40%, compared with 0.22% for SPLS.

What is the main difference between THRV and SPLS?

They also come from different issuers: Prospera Funds and PIMCO. Their fees differ too: 1.80% for THRV and 0.18% for SPLS.