PTRB vs RIGS
PGIM Total Return Bond ETF vs ALPS Strategic Income Fund
Which is better, PTRB or RIGS?
Each has led over a different period.
RIGS has a lower expense ratio. PTRB led over 3Y, RIGS over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93.
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 | PTRB | RIGS |
|---|---|---|
| Expense Ratio | 0.49% | 0.46%Best |
| AUM | $1.1B | $56M |
| Dividend Yield | 5.75% | 5.02% |
| Holdings | 2,659 | 84 |
| YTD Return | -2.27% | -0.64%Best |
| 1Y Return | -2.12% | -0.44%Best |
| 3Y Return (annualized) | +5.15%Best | +5.06% |
| 5Y Return (annualized) | - | +1.67% |
| Volatility (annualized) | 7.1% | 5.0%Best |
| Max Drawdown | -19.2% | -8.8%Best |
| $10,000 over 4.8 years | $9,847 | $10,858Best |
| Fund Family | PGIM Investments | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Inception | Dec 2, 2021 | Oct 7, 2013 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 8, 2021 to Oct 14, 2026 (4.8 years).
PTRB vs RIGS 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 4.8 years both funds cover.
PTRB vs RIGS Performance
PGIM Total Return Bond ETF (PTRB) is an ETF from PGIM Investments and ALPS Strategic Income Fund (RIGS) is an ETF from ALPS Advisors. Over the past year PTRB returned -2.12% while RIGS returned -0.44%. Year to date, PTRB is down 2.27% versus a loss of 0.64% for RIGS.
Over three years, PTRB compounded at +5.15% per year against +5.06% for RIGS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PTRB has been the more volatile fund, with annualized monthly volatility of 7.1% compared with 5.0% for RIGS. 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 -19.2% for PTRB and -8.8% for RIGS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PTRB charges 0.49% per year while RIGS charges 0.46%. On a $10,000 position that is $49 vs $46 annually, a gap of $3 per year that compounds over a long holding period. On income, PTRB currently yields 5.75% against 5.02% for RIGS.
Holdings Overlap
We hold position weights for 675 holdings in PTRB and 58 in RIGS, totalling 52.1% and 72.5% 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, 10 positions appear in both.
10 positions in common, counted across the 675 positions we hold weights for in PTRB and 58 in RIGS, against full books of 2,659 and 84.
Top Shared Holdings
| Stock | Weight in PTRB | Weight in RIGS | Difference |
|---|---|---|---|
| T 4.5 02/15/44U.S. Treasury Bonds | 0.17% | 4.72% | 4.55% |
| T 4.75 11/15/43Us Treas Bds 4.75% 11/15/43 | 0.13% | 4.03% | 3.90% |
| VEGLPL 6.75 01/15/36Venture Global Plaque Sr Secured 144A 01/36 6.75 | 0.02% | 1.14% | 1.12% |
| OMF 6.625 05/15/29Onemain Finance Corp 6.62 05/15/2029 | 0.02% | 1.13% | 1.11% |
| QNTELE 5.75 08/15/32Qnity Electronics Inc 0.0575 08/15/2032 | 0.00% | 1.10% | 1.10% |
| SCI 5.75 10/15/32Service Corp International 5.75 2032-10-15 | 0.00% | 1.10% | 1.10% |
| SUN 7 09/15/28 144ASunoco Lp 144A 7% Sep 15, 2028 | 0.02% | 0.97% | 0.95% |
| BALL 6 06/15/29Ball Corp 6% 15Jun2029 | 0.00% | 0.97% | 0.97% |
| MAR 4.9 04/15/29Marriott International Inc/Md 4.9 04/15/2029 | 0.00% | 0.92% | 0.92% |
| DVA 4.625 06/01/30 1Davita Inc Sr Nt 144a 4.625 2030-06-01 | 0.06% | 0.85% | 0.79% |
You are not choosing between two funds in isolation.
Whichever of PTRB and RIGS 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, PTRB or RIGS?
PTRB has an expense ratio of 0.49% while RIGS charges 0.46%. RIGS is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, PTRB or RIGS?
Over the past year PTRB returned -2.12% vs -0.44% for RIGS, so RIGS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PTRB or RIGS?
PTRB has been the more volatile fund at 7.1% annualized versus 5.0% for RIGS. Worst drawdown: PTRB -19.2% vs RIGS -8.8%.
Should I hold both PTRB and RIGS?
PTRB and RIGS have a monthly-return correlation of 0.93, 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, PTRB or RIGS?
PTRB yields 5.75% while RIGS yields 5.02%, so PTRB currently pays the higher dividend yield.
Is RIGS better than PTRB?
RIGS has a lower expense ratio. PTRB led over 3Y, RIGS over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.