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PSDM vs SPIB

PGIM Short Duration Multi-Secto vs State Street SPDR Portfolio Intermediate Term Corporate Bond ETF

PSDM

PGIM Short Duration Multi-Secto

PGIM

Annual cost

0.40%

Fund size

$185M

SPIB

State Street SPDR Portfolio Intermediate Term Corporate Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$11.0B

Key differences

  • SPIB costs 0.36% less per year.
  • SPIB is significantly larger than PSDM — larger funds tend to be more liquid and less likely to close.
  • PSDM follows a active selection strategy; SPIB uses index tracking.
  • SPIB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PSDMSPIB
Annual cost (TER)0.40%0.04%
Fund size (AUM)$185M$11.0B
Since20232009
Dividend yield4.81%4.43%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+5.0%+5.8%
CAGR 3YN/A+5.8%
CAGR 5YN/A+1.9%
Sharpe 3YN/A0.58
Volatility 1Y1.69%2.85%
Max drawdown-1.19%-14.94%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PSDM and SPIB