PTRB vs QQQ
PTRB vs QQQ
PGIM Total Return Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. PTRB offers more diversification with 724 holdings.
Side-by-Side Comparison
| Metric | PTRB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.18% | |
| AUM | $1.1B | $455.8B | |
| Dividend Yield | 5.51% | 0.41% | |
| Holdings | 1,478 | 108 | |
| YTD Return | -0.40% | +12.48% | |
| 1Y Return | +3.10% | +22.35% | |
| 3Y Return (annualized) | +4.68% | +22.30% | |
| 5Y Return (annualized) | - | +14.24% | |
| Volatility (annualized) | 7.2% | 30.6% | |
| Max Drawdown | -19.2% | -83.0% | |
| Fund Family | PGIM Investments | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 2, 2021 | Mar 10, 1999 |
PTRB vs QQQ Performance
PGIM Total Return Bond ETF (PTRB) is a ETF from PGIM Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PTRB returned +3.10% while QQQ returned +22.35%. Year to date, PTRB is down 0.40% versus a gain of 12.48% for QQQ.
Over three years, PTRB compounded at +4.68% per year against +22.30% for QQQ. Across the full 5-year window we track, QQQ has the edge at +12.91% annualized vs +0.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 7.2% 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 -19.2% for PTRB and -83.0% for QQQ. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PTRB charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, PTRB currently yields 5.51% against 0.41% for QQQ.
Holdings Overlap
PTRB and QQQ share 0 holdings out of 827 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, PTRB or QQQ?
PTRB has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, PTRB or QQQ?
Over the past year PTRB returned +3.10% vs +22.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), PTRB annualized +0.07% vs +12.91% for QQQ. Past performance does not guarantee future results.
Which is riskier, PTRB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 7.2% for PTRB. Worst drawdown: PTRB -19.2% vs QQQ -83.0%.
Should I hold both PTRB and QQQ?
PTRB and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PTRB and QQQ?
PTRB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 827 unique securities.
Which pays a higher dividend, PTRB or QQQ?
PTRB yields 5.51% while QQQ yields 0.41%, so PTRB currently pays the higher dividend yield.
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