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CORP vs PRFD

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund vs PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

CORP

PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund

Annual cost

0.41%

Fund size

$1.6B

PRFD

PIMCO Preferred And Capital Securities Active Exchange-Traded Fund

Annual cost

0.73%

Fund size

$212M

Key differences

  • CORP costs 0.32% less per year.
  • CORP is significantly larger than PRFD — larger funds tend to be more liquid and less likely to close.
  • CORP is classified as alternative, while PRFD is fixed income — different risk/return profiles.
  • CORP covers north america markets; PRFD covers global.
  • CORP follows a index tracking strategy; PRFD uses active selection.
  • Over the last 3 years, PRFD has delivered higher annualized returns.
  • CORP has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CORPPRFD
Annual cost (TER)0.41%0.73%
Fund size (AUM)$1.6B$212M
Since20102023
Dividend yield4.81%5.70%
Asset classalternativefixed income
Regionnorth americaglobal
Strategyindex trackingactive selection
CAGR 1Y+6.7%+8.5%
CAGR 3Y+5.8%+9.7%
CAGR 5Y+1.1%N/A
Sharpe 3Y0.391.52
Volatility 1Y4.19%3.21%
Max drawdown-21.21%-11.93%

Similar to CORP and PRFD