AVIG vs PTRB
Avantis Core Fixed Income ETF vs PGIM Total Return Bond ETF
Which is better, AVIG or PTRB?
Nearly the same fund. AVIG costs less.
AVIG has a lower expense ratio. PTRB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | AVIG | PTRB |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.49% |
| AUM | $2.0B | $1.1B |
| Dividend Yield | 4.54% | 5.75% |
| Holdings | 1,720 | 2,659 |
| YTD Return | -2.04% | -1.73%Best |
| 1Y Return | -1.78% | -1.48%Best |
| 3Y Return (annualized) | +4.98% | +5.34%Best |
| 5Y Return (annualized) | -0.37% | - |
| Volatility (annualized) | 7.2% | 7.1%Best |
| Max Drawdown | -18.2%Best | -19.2% |
| $10,000 over 4.9 years | $9,844 | $9,898Best |
| Fund Family | Avantis Investors | PGIM Investments |
| Category | Fixed Income | Fixed Income |
| Inception | Oct 13, 2020 | Dec 2, 2021 |
Not shown on this pair: Top 10 Weight, Style.
Volatility and max drawdown, and the $10,000 over 4.9 years row, are measured over the window both funds cover: Dec 8, 2021 to Oct 15, 2026 (4.9 years).
AVIG vs PTRB 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 4.9 years both funds cover.
AVIG vs PTRB Performance
Avantis Core Fixed Income ETF (AVIG) is an ETF from Avantis Investors and PGIM Total Return Bond ETF (PTRB) is an ETF from PGIM Investments. Over the past year AVIG returned -1.78% while PTRB returned -1.48%. Year to date, AVIG is down 2.04% versus a loss of 1.73% for PTRB.
Over three years, AVIG compounded at +4.98% per year against +5.34% for PTRB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVIG has been the more volatile fund, with annualized monthly volatility of 7.2% compared with 7.1% for PTRB. 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 -18.2% for AVIG and -19.2% for PTRB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AVIG charges 0.15% per year while PTRB charges 0.49%. On a $10,000 position that is $15 vs $49 annually, a gap of $34 per year that compounds over a long holding period. On income, AVIG currently yields 4.54% against 5.75% for PTRB.
Holdings Overlap
At least 9.2% of AVIG's money is in holdings PTRB also owns.
Stated as a floor: for PTRB, our book for it covers 52.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
AVIG and PTRB share little of their money.
28 positions in common, counted across the 739 positions we hold weights for in AVIG and 675 in PTRB, against full books of 1,720 and 2,659.
Top Shared Holdings
| Stock | Weight in AVIG | Weight in PTRB | Difference |
|---|---|---|---|
| FNCL 5.5 10/11Fannie Mae Or Freddie Mac 2050-10-01 | 1.33% | 2.12% | 0.79% |
| G2SF 5.5 10/11Government National Mortgage Association | 2.47% | 0.09% | 2.38% |
| FNCL 5 10/11Fncl 5 10/26 | 1.20% | 0.17% | 1.03% |
| FNCL 4.5 10/11Fannie Mae Or Freddie Mac Tba 4.50% Due 04/01/2056 | 0.93% | 0.16% | 0.77% |
| FNCL 3.5 10/11Fnma Tba 10/01/2049 | 0.75% | 0.34% | 0.41% |
| T 1.875 02/15/32Treasury Note (Otr) 1.88% Feb 15, 2032 | 0.67% | 0.33% | 0.34% |
| T 3 11/15/44Treasury Bond 3.00% 11/15/2044 | 0.28% | 0.34% | 0.06% |
| HNDA 5.05 07/10/31 GAmerican Honda Finance Corp 5.05% 10Jul2031 | 0.28% | 0.04% | 0.24% |
| GS V2.615 04/22/32Goldman Sachs Group, Inc., 2.61%, Due 04/22/2032 | 0.05% | 0.22% | 0.17% |
| MPLX 5.4 09/15/35Mplx Lp 5.4 9/15/2035 | 0.03% | 0.22% | 0.19% |
You are not choosing between two funds in isolation.
Whichever of AVIG and PTRB 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, AVIG or PTRB?
AVIG has an expense ratio of 0.15% while PTRB charges 0.49%. AVIG is the cheaper option, by $34 a year on a $10,000 investment.
Which performed better, AVIG or PTRB?
Over the past year AVIG returned -1.78% vs -1.48% for PTRB, so PTRB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVIG or PTRB?
AVIG has been the more volatile fund at 7.2% annualized versus 7.1% for PTRB. Worst drawdown: AVIG -18.2% vs PTRB -19.2%.
Should I hold both AVIG and PTRB?
AVIG and PTRB have a monthly-return correlation of 0.99, 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.
What is the holdings overlap between AVIG and PTRB?
At least 9.2% of AVIG's money is in holdings PTRB also owns. Our book for PTRB is partial, so the real figure is this or higher. They hold 28 positions in common, counted across the 739 positions we hold weights for in AVIG and 675 in PTRB.
Which pays a higher dividend, AVIG or PTRB?
AVIG yields 4.54% while PTRB yields 5.75%, so PTRB currently pays the higher dividend yield.
Is PTRB better than AVIG?
AVIG has a lower expense ratio. PTRB led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.