BNDS vs PCM

Comparison between INFRASTRUCTURE CAPITAL BOND INCOME ETF (BNDS, ETF) and PCM Fund Inc (PCM, ETF).

BNDS vs PCM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BNDS(ETF)	PCM(ETF)
Net Assets	$70M	$70M
Expense Ratio	0.88%	N/A
Max Drawdown	21.88%	73.17%
Sharpe Ratio	2.17	-0.18
5Y Beta	0.22	0.14
5Y Dividends CAGR	N/A	-2.76%

Net Assets

Winner

BNDS

$70M

PCM

$70M

Expense Ratio

BNDS

0.88%

PCM

N/A

Max Drawdown

Winner

BNDS

21.88%

PCM

73.17%

Sharpe Ratio

Winner

BNDS

2.17

PCM

-0.18

5Y Beta

BNDS

0.22

Winner

PCM

0.14

5Y Dividends CAGR

BNDS

N/A

PCM

-2.76%

BNDS vs PCM - Historical Returns

Returns include dividend reinvestment.

Period	BNDS	PCM
1 month	+0.24%	-2.86%
3 months	+2.63%	+0.19%
6 months	+4.80%	-3.43%
1 year	+11.40%	-0.65%
5 years(CAGR)	N/A	-3.77%
10 years(CAGR)	-0.01%	+5.26%
Max(CAGR)	+2.27%	+7.14%

Winner

BNDS

+0.24%

PCM

-2.86%

Winner

BNDS

+2.63%

PCM

+0.19%

Winner

BNDS

+4.80%

PCM

-3.43%

Winner

BNDS

+11.40%

PCM

-0.65%

5Y(CAGR)

BNDS

N/A

PCM

-3.77%

10Y(CAGR)

BNDS

-0.01%

Winner

PCM

+5.26%

Max(CAGR)

BNDS

+2.27%

Winner

PCM

+7.14%

BNDS vs PCM - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	BNDS	PCM
2026	+4.24%	-2.96%
2025	+8.30%	-10.89%
2024	N/A	+10.50%
2023	N/A	+6.61%
2022	N/A	-19.89%
2021	N/A	+7.51%
2020	N/A	+3.70%
2019	N/A	+21.45%
2018	N/A	-5.50%
2017	+3.56%	+26.73%
2016	+2.28%	+25.57%
2015	+0.06%	-5.76%
2014	+5.94%	+0.98%
2013	-2.08%	+5.42%
2012	+4.23%	+22.62%
2011	+7.93%	+11.74%
2010	+6.29%	+51.88%
2009	+3.94%	+45.17%
2008	+7.97%	-32.91%
2007	+5.46%	-22.78%
2006	N/A	+11.03%
2005	N/A	+15.55%
2004	N/A	-0.64%
2003	N/A	+9.91%
2002	N/A	+11.96%
2001	N/A	+23.65%
2000	N/A	+9.82%
1999	N/A	-4.00%

BNDS vs PCM Drawdown Comparison

The maximum drawdown for BNDS was -18.02%, occurring on Apr 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for PCM was -64.85%, occurring on Mar 9, 2009. Recovery took 803 trading sessions.

The current BNDS drawdown is -2.03%. The current PCM drawdown is -21.88%.

Rank	BNDS	PCM
#1	-18.02% Sep 7, 2017 - Apr 8, 2025	-64.85% Feb 5, 2007 - Apr 14, 2010
#2	-13.75% Sep 9, 2008 - Nov 10, 2008	-47.67% Feb 21, 2020 - Jan 12, 2021
#3	-6.43% Jan 20, 2009 - Aug 13, 2009	-29.61% Aug 8, 2023 - Oct 27, 2023
#4	-5.01% May 1, 2013 - May 7, 2014	-28.19% Aug 12, 2021 - Aug 7, 2023
#5	-4.38% Jul 6, 2016 - Aug 31, 2017	-18.35% Apr 1, 2004 - Nov 3, 2004
#6	-3.71% Nov 4, 2010 - May 5, 2011	-17.91% Jul 1, 2014 - Jul 18, 2016
#7	-3.47% Mar 17, 2008 - Sep 9, 2008	-16.04% May 10, 2013 - Jun 10, 2014
#8	-3.11% Jan 30, 2015 - Feb 8, 2016	-14.96% Sep 16, 2002 - Jan 3, 2003
#9	-2.97% Nov 10, 2008 - Nov 25, 2008	-14.39% Aug 16, 2018 - Feb 28, 2019
#10	-1.82% Dec 18, 2008 - Jan 14, 2009	-13.54% Jul 5, 2011 - Nov 11, 2011
#11	-1.81% May 30, 2007 - Jul 26, 2007	-12.72% Nov 10, 2017 - May 2, 2018
#12	-1.81% Nov 30, 2009 - Mar 1, 2010	-9.36% Nov 9, 2010 - Nov 26, 2010
#13	-1.79% Sep 22, 2011 - Dec 16, 2011	-9.28% Jun 13, 2003 - Dec 3, 2003
#14	-1.77% Dec 3, 2007 - Jan 3, 2008	-8.92% Nov 12, 1999 - Jul 13, 2000
#15	-1.62% Jan 22, 2008 - Mar 14, 2008	-8.86% Oct 5, 2012 - Jan 3, 2013

Correlation

Correlation between BNDS and PCM is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2000 - 2026)

BNDS vs PCM dividend yield comparison.

Year	BNDS	PCM
2026	3.35%	6.92%
2025	7.98%	12.55%
2024	0.00%	12.47%
2023	0.00%	12.06%
2022	0.00%	12.20%
2021	0.00%	8.96%
2020	0.00%	8.95%
2019	0.00%	8.38%
2018	0.00%	9.46%
2017	1.98%	8.47%
2016	2.63%	14.60%
2015	2.59%	10.39%
2014	2.43%	9.85%
2013	1.99%	9.40%
2012	2.35%	9.28%
2011	3.44%	9.84%
2010	4.54%	11.62%
2009	5.24%	12.92%
2008	4.40%	18.76%
2007	2.96%	8.66%
2006	0.00%	7.82%
2005	0.00%	8.02%
2004	0.00%	8.55%
2003	0.00%	7.75%
2002	0.00%	9.83%
2001	0.00%	9.53%
2000	0.00%	5.25%