PCRB vs VOO
PCRB vs VOO
Putnam ESG Core Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | PCRB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.36% | 0.03% | |
| AUM | $7M | $979.0B | |
| Dividend Yield | 9.74% | 1.09% | |
| Holdings | 568 | 509 | |
| YTD Return | -0.43% | +11.51% | |
| 1Y Return | +4.33% | +21.46% | |
| 3Y Return (annualized) | +4.09% | +20.86% | |
| 5Y Return (annualized) | - | +13.01% | |
| Volatility (annualized) | 5.6% | 14.1% | |
| Max Drawdown | -7.2% | -34.3% | |
| Fund Family | Franklin Templeton Investments (US) | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jan 19, 2023 | Sep 7, 2010 |
PCRB vs VOO Performance
Putnam ESG Core Bond ETF (PCRB) is a ETF from Franklin Templeton Investments (US) and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PCRB returned +4.33% while VOO returned +21.46%. Year to date, PCRB is down 0.43% versus a gain of 11.51% for VOO.
Over three years, PCRB compounded at +4.09% per year against +20.86% for VOO. Across the full 3-year window we track, VOO has the edge at +13.44% annualized vs +3.23%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 5.6% for PCRB. 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 -7.2% for PCRB and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PCRB charges 0.36% per year while VOO charges 0.03%. On a $10,000 position that is $36 vs $3 annually, a gap of $33 per year that compounds over a long holding period. On income, PCRB currently yields 9.74% against 1.09% for VOO.
Holdings Overlap
PCRB and VOO share 0 holdings out of 886 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PCRB or VOO?
PCRB has an expense ratio of 0.36% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, PCRB or VOO?
Over the past year PCRB returned +4.33% vs +21.46% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), PCRB annualized +3.23% vs +13.44% for VOO. Past performance does not guarantee future results.
Which is riskier, PCRB or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 5.6% for PCRB. Worst drawdown: PCRB -7.2% vs VOO -34.3%.
Should I hold both PCRB and VOO?
PCRB and VOO have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PCRB and VOO?
PCRB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 886 unique securities.
Which pays a higher dividend, PCRB or VOO?
PCRB yields 9.74% while VOO yields 1.09%, so PCRB currently pays the higher dividend yield.
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