PGIM Total Return Bond ETF (PTRB) Performance
PTRB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.4% since Dec 31, 2025
- 1 year
- −1.4% total return
- 3 years
- +6.0% a year
- Since first price
- −0.0% a year since 2021
PTRB trailing returns vs AGG, TLT, SPY
| Period | PTRB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.0% | −2.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.0% | −4.2% | −1.5% | −3.8% | +7.8% |
| YTD | −1.4% | −4.7% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.4% | −5.9% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.1%+6.0%/yr | +3.1% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| Since inceptionDec 8, 2021 | −0.2%−0.0%/yr | −19.8% | — | — | — |
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: PTRB vs AGG
From Dec 8, 2021: PTRB grew to $9,983, AGG to $9,884.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PTRB returns by calendar year
3 of 4 full years positive. Best 2023 (+7.7%), worst 2022 (−14.8%). 2026 is year to date.
PTRB annual returns table
| Year | PTRB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.4% | −4.9% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.6% | −3.1% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.7% | −3.7% | +1.3% | −8.1% | +24.9% |
| 2023 | +7.7% | −6.3% | +5.7% | +2.8% | +26.2% |
| 2022 | −14.8% | −18.3% | −13.0% | −31.2% | −18.2% |
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.
PTRB largest drawdowns
Now 3.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 17, 2021 | −19.2% | Oct 20, 2022 | Sep 8, 2025 | 10 months | 3.7 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
PTRB risk statistics
| Statistic | 3 years | Since 2021 |
|---|---|---|
| Annualized return | +4.8% | −0.3% |
| Volatility (annualized) | 5.8% | 7.2% |
| Sharpe ratio | 0.09 | -0.55 |
| Sortino ratio | 0.13 | -0.70 |
| Best month | +5.0% | +5.0% |
| Worst month | −2.8% | −5.0% |
| Best 12 months | +13.4% | +13.4% |
| Worst 12 months | −1.7% | −14.8% |
| Positive months | 64% | 53% |
| Beta vs S&P 500 | 0.26 | — |
| Correlation with S&P 500 | 0.56 | — |
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.
PTRB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 47 | −14.8% | +3.9% | +13.4% | 81% |
| 3-year (a year) | 23 | −2.0% | +4.7% | +7.1% | 91% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
PTRB performance overview
PGIM Total Return Bond ETF (PTRB) returned −1.4% over the past year, with distributions reinvested. Since its first recorded price in 2021 it has returned −0.0% a year, turning $10,000 into about $9,983. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −19.2%, from Dec 17, 2021 to Oct 20, 2022, and it took 2.9 years to get back to the old high. PTRB finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+7.7%) and the worst 2022 (−14.8%). Volatility has been 7.2% a year.
Related: PTRB chart, PTRB dividends, PTRB bond profile. See the PTRB overview for the latest quote and fund facts.
PTRB performance FAQ
What is the PTRB return over the past year?
PTRB returned −1.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 5.9%.
How much would $10,000 invested in PTRB be worth?
$10,000 invested in PTRB at its first recorded close on December 8, 2021 would be worth about $9,983 on October 23, 2026 with distributions reinvested.
What was the worst year for PTRB?
The worst calendar year was 2022, with a total return of −14.8%. The best was 2023 at +7.7%.
What is the biggest drawdown of PTRB?
The largest peak-to-trough decline was −19.2% between December 17, 2021 and October 20, 2022. It recovered to the old high on September 8, 2025, 2.9 years after the bottom.
How volatile is PTRB?
Over the past 3 years PTRB had an annualized volatility of 5.8% and a Sharpe ratio of 0.09 (excess return over 1–3 month T-bills per unit of risk).