PGIM Corporate Bond 10+ Year ETF (PCL) Performance
PCL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −3.4% since Dec 31, 2025
- 1 year
- −5.7% total return
- Since first price
- −0.9% since 2025
PCL trailing returns vs SPY, QQQ, AGG
| Period | PCL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.2% | −0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −1.3% | −2.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −4.0% | −6.7% | +7.8% | +8.4% | −1.5% |
| YTD | −3.4% | −7.3% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.7% | −11.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 1, 2025 | −0.9% | −7.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PCL vs SPY
From Aug 1, 2025: PCL grew to $9,907, SPY to $12,390.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PCL returns by calendar year
2026 is year to date.
PCL annual returns table
| Year | PCL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −3.4% | −8.9% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PCL risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | −3.4% |
| Volatility (annualized) | 8.1% |
| Sharpe ratio | -0.84 |
| Sortino ratio | -0.95 |
| Best month | +3.3% |
| Worst month | −4.6% |
| Best 12 months | +0.9% |
| Worst 12 months | −6.8% |
| Positive months | 62% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PCL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | −6.8% | −4.0% | +0.9% | 33% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
PCL performance overview
PGIM Corporate Bond 10+ Year ETF (PCL) returned −5.7% over the past year, with distributions reinvested. Since its first recorded price on Aug 1, 2025 it has returned −0.9%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: PCL chart, PCL dividends. See the PCL overview for the latest quote and fund facts.
PCL performance FAQ
What is the PCL return over the past year?
PCL returned −5.7% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 11.0%.
How much would $10,000 invested in PCL be worth?
$10,000 invested in PCL at its first recorded close on August 1, 2025 would be worth about $9,907 on October 23, 2026 with distributions reinvested.
How volatile is PCL?
Over the past history PCL had an annualized volatility of 8.1% and a Sharpe ratio of -0.84 (excess return over 1–3 month T-bills per unit of risk).