VBCF vs. PCL
VBCF (Vanguard Target Maturity 2032 Corporate Bond ETF) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. VBCF is passively managed, while PCL is actively managed. Their correlation of 0.86 means they have usually moved in the same direction. VBCF charges 0.08%/yr vs 0.25%/yr for PCL.
Performance
VBCF vs. PCL - Performance Comparison
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Returns By Period
VBCF
- 1D
- -0.18%
- 1M
- -1.00%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PCL
- 1D
- -0.42%
- 1M
- -3.88%
- 6M
- -2.70%
- YTD
- -2.10%
- 1Y
- 0.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $982.81K | $474.09K | $648.14K | |
| $338.51K | $371.61K | $370.58K |
VBCF vs. PCL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
VBCF Vanguard Target Maturity 2032 Corporate Bond ETF | 0.84% |
PCL PGIM Corporate Bond 10+ Year ETF | -1.34% |
Correlation
The correlation between VBCF and PCL is 0.86, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.86 |
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Return for Risk
VBCF vs. PCL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Maturity 2032 Corporate Bond ETF (VBCF) and PGIM Corporate Bond 10+ Year ETF (PCL). 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.
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Drawdowns
VBCF vs. PCL - Drawdown Comparison
The maximum VBCF drawdown since its inception was -1.86%, smaller than the maximum PCL drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for VBCF and PCL.
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Drawdown Indicators
| VBCF | PCL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.86% | -5.14% | +3.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -5.14% | — |
Current DrawdownCurrent decline from peak | -1.29% | -4.98% | +3.69% |
Average DrawdownAverage peak-to-trough decline | -0.68% | -1.83% | +1.15% |
Volatility
VBCF vs. PCL - Volatility Comparison
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Volatility by Period
| VBCF | PCL | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 7.82% | -3.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.12% | 7.82% | -3.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.12% | 7.82% | -3.70% |
VBCF vs. PCL - Expense Ratio Comparison
VBCF has a 0.08% expense ratio, which is lower than PCL's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
VBCF vs. PCL - Dividend Comparison
VBCF's dividend yield for the trailing twelve months is around 0.89%, less than PCL's 6.51% yield.
| Position | TTM | 2025 |
|---|---|---|
PCL PGIM Corporate Bond 10+ Year ETF | 6.51% | 2.52% |
VBCF Vanguard Target Maturity 2032 Corporate Bond ETF | 0.89% | 0.00% |
Frequently Asked Questions
VBCF and PCL have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VBCF is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VBCF is cheaper with a 0.08% expense ratio, compared with 0.25% for PCL.
PCL has the higher dividend yield at 6.51%, compared with 0.89% for VBCF.
They also come from different issuers: Vanguard and PGIM. Their fees differ too: 0.08% for VBCF and 0.25% for PCL.
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