WFIG vs. PCL

Last updated Jul 12, 2026

WFIG (WisdomTree U.S. Corporate Bond Fund) and PCL (PGIM Corporate Bond 10+ Year ETF) are both Corporate Bonds funds. WFIG is passively managed, while PCL is actively managed. With a 0.96 correlation, they move nearly in lockstep. WFIG charges 0.18%/yr vs 0.25%/yr for PCL.

Performance

WFIG vs. PCL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree U.S. Corporate Bond Fund (WFIG) and PGIM Corporate Bond 10+ Year ETF (PCL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WFIG achieves a 0.11% return, which is significantly higher than PCL's 0.10% return.

WFIG

• 1D: -0.14%
• 1M: -0.62%
• 6M: -0.08%
• YTD: 0.11%
• 1Y: 4.21%
• 3Y*: 5.27%
• 5Y*: -0.04%
• 10Y*: 2.39%

PCL

• 1D: -0.30%
• 1M: -1.79%
• 6M: -0.66%
• YTD: 0.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WFIG vs. PCL - Yearly Performance Comparison

	2026 (YTD)	2025
WFIG WisdomTree U.S. Corporate Bond Fund	0.11%	3.31%
PCL PGIM Corporate Bond 10+ Year ETF	0.10%	2.51%

Correlation

The correlation between WFIG and PCL is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 1, 2025	0.96

Return for Risk

WFIG vs. PCL — Risk / Return Rank

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

WFIG

WFIG Risk / Return Rank: 32
WFIG Sharpe Ratio Rank: 32
WFIG Sortino Ratio Rank: 30
WFIG Omega Ratio Rank: 29
WFIG Calmar Ratio Rank: 35
WFIG Martin Ratio Rank: 36

PCL

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.

WFIG vs. PCL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. Corporate Bond Fund (WFIG) 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.

	WFIG	PCL	Difference
Sharpe ratio: Return per unit of total volatility	0.94	—	—
Sortino ratio: Return per unit of downside risk	1.38	—	—
Omega ratio: Gain probability vs. loss probability	1.16	—	—
Calmar ratio: Return relative to maximum drawdown	1.43	—	—
Martin ratio: Return relative to average drawdown	4.38	—	—

Drawdowns

WFIG vs. PCL - Drawdown Comparison

The maximum WFIG drawdown since its inception was -22.92%, which is greater than PCL's maximum drawdown of -5.14%. Use the drawdown chart below to compare losses from any high point for WFIG and PCL.

Drawdown Indicators

	WFIG	PCL	Difference
Max Drawdown Largest peak-to-trough decline	-22.92%	-5.14%	-17.78%
Max Drawdown (1Y) Largest decline over 1 year	-2.69%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.22%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-22.92%	—	—
Current Drawdown Current decline from peak	-1.67%	-2.85%	+1.18%
Average Drawdown Average peak-to-trough decline	-5.47%	-1.70%	-3.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.88%	—	—

Volatility

Volatility by Period

	WFIG	PCL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.10%	7.84%	-3.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.11%	7.84%	-0.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.55%	7.84%	-0.29%

WFIG vs. PCL - Expense Ratio Comparison

WFIG has a 0.18% 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

WFIG vs. PCL - Dividend Comparison

WFIG's dividend yield for the trailing twelve months is around 4.93%, less than PCL's 5.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
PCL PGIM Corporate Bond 10+ Year ETF	5.86%	2.52%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
WFIG WisdomTree U.S. Corporate Bond Fund	4.93%	4.82%	4.67%	4.19%	4.25%	2.50%	2.61%	3.00%	3.27%	2.88%	2.35%

Frequently Asked Questions

Can I hold both WFIG and PCL in my portfolio?

With a correlation of 0.96, WFIG and PCL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, WFIG or PCL?

On fees, WFIG 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, WFIG or PCL?

WFIG is cheaper with a 0.18% expense ratio, compared with 0.25% for PCL.

Which ETF pays a higher dividend yield, WFIG or PCL?

PCL has the higher dividend yield at 5.86%, compared with 4.93% for WFIG.

What is the main difference between WFIG and PCL?

They also come from different issuers: WisdomTree and PGIM. Their fees differ too: 0.18% for WFIG and 0.25% for PCL.