PAB vs SCEC
PGIM Active Aggregate Bond ETF vs Sterling Capital Enhanced Core Bond ETF
Which is better, PAB or SCEC?
Nearly the same fund. PAB costs less.
PAB has a lower expense ratio. PAB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | PAB | SCEC |
|---|---|---|
| Expense Ratio | 0.19%Best | 0.39% |
| AUM | $98M | $604M |
| Dividend Yield | 5.50% | 5.20% |
| Holdings | 466 | 360 |
| YTD Return | -2.03%Best | -6.25% |
| 1Y Return | -1.81%Best | -6.44% |
| 3Y Return (annualized) | +4.98% | - |
| 5Y Return (annualized) | -0.45% | - |
| Volatility (annualized) | 3.9%Best | 4.2% |
| Max Drawdown | -4.8%Best | -7.9% |
| $10,000 over 1.6 years | $10,307Best | $9,796 |
| Fund Family | PGIM Investments | Sterling Capital Active ETF |
| Category | Fixed Income | Fixed Income |
| Inception | Apr 12, 2021 | Mar 14, 2025 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Mar 14, 2025 to Oct 14, 2026 (1.6 years).
PAB vs SCEC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.6 years both funds cover.
PAB vs SCEC Performance
PGIM Active Aggregate Bond ETF (PAB) is an ETF from PGIM Investments and Sterling Capital Enhanced Core Bond ETF (SCEC) is an ETF from Sterling Capital Active ETF. Over the past year PAB returned -1.81% while SCEC returned -6.44%. Year to date, PAB is down 2.03% versus a loss of 6.25% for SCEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCEC has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 3.9% for PAB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.8% for PAB and -7.9% for SCEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PAB charges 0.19% per year while SCEC charges 0.39%. On a $10,000 position that is $19 vs $39 annually, a gap of $20 per year that compounds over a long holding period. On income, PAB currently yields 5.50% against 5.20% for SCEC.
Holdings Overlap
We hold position weights for 301 holdings in PAB and 178 in SCEC, totalling 64.9% and 40.9% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 5 positions appear in both.
5 positions in common, counted across the 301 positions we hold weights for in PAB and 178 in SCEC, against full books of 466 and 360.
Top Shared Holdings
| Stock | Weight in PAB | Weight in SCEC | Difference |
|---|---|---|---|
| GS V5.016 10/23/35Goldman Sachs Group Inc|5.016|10/23/2035 5.02% 10/23/35 | 0.36% | 0.23% | 0.13% |
| BA 5.93 05/01/60Boeing Co Sr Unsecured 05/60 5.93 5.93 2060-05-01 | 0.07% | 0.17% | 0.10% |
| BA 5.705 05/01/40The Boeing Co 5.705 May 01 40 | 0.03% | 0.21% | 0.18% |
| MPLX 4.5 04/15/38Mplx Lp 4.5 04/15/2038 | 0.06% | 0.12% | 0.06% |
| SRE 4 02/01/48Sempra Energy 4.0% 2048-02-01 | 0.01% | 0.08% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of PAB and SCEC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PAB or SCEC?
PAB has an expense ratio of 0.19% while SCEC charges 0.39%. PAB is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, PAB or SCEC?
Over the past year PAB returned -1.81% vs -6.44% for SCEC, so PAB leads on 1-year performance. Over the longest common window we track (2 years), PAB annualized +1.91% vs -1.28% for SCEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PAB or SCEC?
SCEC has been the more volatile fund at 4.2% annualized versus 3.9% for PAB. Worst drawdown: PAB -4.8% vs SCEC -7.9%.
Should I hold both PAB and SCEC?
PAB and SCEC have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, PAB or SCEC?
PAB yields 5.50% while SCEC yields 5.20%, so PAB currently pays the higher dividend yield.
Is SCEC better than PAB?
PAB has a lower expense ratio. PAB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.