GBAB vs PRN

Comparison between Guggenheim Taxbl Muni Bnd & Invtmnt Grd Debt Trst Com Shrs Of benf Int (GBAB, ETF) and Invesco Dorsey Wright Industrials Momentum ETF (PRN, ETF).

5-Year PerformancePRN has outperformed GBAB, delivering a return of +19.0% compared to -2.2%

GBAB vs PRN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GBAB(ETF)	PRN(ETF)
Net Assets	$400M	$401M
Expense Ratio	N/A	0.60%
Max Drawdown	47.18%	60.33%
Sharpe Ratio	0.11	1.57
5Y Beta	0.24	1.31
P/E Ratio	N/A	45.10
Forward P/E	N/A	27.42
PEG Ratio	N/A	1.10
5Y Dividends CAGR	1.61%	19.04%
5Y EPS CAGR	N/A	23.29%
Debt to Equity	N/A	110.69%
P/S Ratio	N/A	2.60
P/B Ratio	N/A	6.81

Net Assets

GBAB

$400M

Winner

PRN

$401M

Expense Ratio

GBAB

N/A

PRN

0.60%

Max Drawdown

Winner

GBAB

47.18%

PRN

60.33%

Sharpe Ratio

GBAB

0.11

Winner

PRN

1.57

5Y Beta

Winner

GBAB

0.24

PRN

1.31

P/E Ratio

GBAB

N/A

PRN

45.10

Forward P/E

GBAB

N/A

PRN

27.42

PEG Ratio

GBAB

N/A

PRN

1.10

5Y Dividends CAGR

GBAB

1.61%

Winner

PRN

19.04%

5Y EPS CAGR

GBAB

N/A

PRN

23.29%

Debt to Equity

GBAB

N/A

PRN

110.69%

P/S Ratio

GBAB

N/A

PRN

2.60

P/B Ratio

GBAB

N/A

PRN

6.81

GBAB vs PRN - Historical Returns

Returns include dividend reinvestment.

Period	GBAB	PRN
1 month	-0.43%	-1.63%
3 months	-5.18%	+18.88%
6 months	-3.90%	+35.69%
1 year	+5.07%	+56.64%
5 years(CAGR)	-2.23%	+19.02%
10 years(CAGR)	+3.00%	+17.92%
Max(CAGR)	+5.45%	+12.64%

Winner

GBAB

-0.43%

PRN

-1.63%

GBAB

-5.18%

Winner

PRN

+18.88%

GBAB

-3.90%

Winner

PRN

+35.69%

GBAB

+5.07%

Winner

PRN

+56.64%

5Y(CAGR)

GBAB

-2.23%

Winner

PRN

+19.02%

10Y(CAGR)

GBAB

+3.00%

Winner

PRN

+17.92%

Max(CAGR)

GBAB

+5.45%

Winner

PRN

+12.64%

GBAB vs PRN - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	GBAB	PRN
2026	-1.49%	+30.79%
2025	+7.76%	+13.79%
2024	+2.63%	+32.57%
2023	+9.33%	+38.50%
2022	-24.65%	-23.49%
2021	-0.49%	+28.09%
2020	+13.95%	+34.87%
2019	+15.05%	+35.00%
2018	+3.76%	-16.19%
2017	+13.63%	+22.35%
2016	+5.95%	+15.32%
2015	+3.50%	-5.11%
2014	+20.67%	+0.90%
2013	-7.41%	+45.64%
2012	+15.12%	+17.41%
2011	+26.50%	-7.85%
2010	-9.15%	+31.10%
2009	N/A	+12.94%
2008	N/A	-34.15%
2007	N/A	+16.22%
2006	N/A	+4.49%

GBAB vs PRN Drawdown Comparison

The maximum drawdown for GBAB was -35.78%, occurring on Oct 14, 2022. This drawdown has not yet recovered.

The maximum drawdown for PRN was -59.88%, occurring on Mar 9, 2009. Recovery took 934 trading sessions.

The current GBAB drawdown is -14.91%. The current PRN drawdown is -5.27%.

Rank	GBAB	PRN
#1	-35.78% Sep 15, 2021 - Oct 14, 2022	-59.88% Jul 19, 2007 - Apr 1, 2011
#2	-29.93% Feb 25, 2020 - Aug 21, 2020	-36.27% Feb 19, 2020 - Aug 5, 2020
#3	-14.88% May 13, 2013 - May 29, 2014	-34.84% Nov 24, 2021 - Jan 29, 2024
#4	-14.48% May 13, 2016 - May 25, 2017	-30.78% Nov 29, 2024 - Oct 8, 2025
#5	-12.24% Nov 4, 2010 - May 31, 2011	-30.55% Apr 6, 2011 - Dec 18, 2012
#6	-11.67% Jan 29, 2015 - Nov 2, 2015	-28.12% Sep 14, 2018 - Jun 20, 2019
#7	-10.68% Feb 5, 2021 - Aug 4, 2021	-20.82% Feb 24, 2015 - Jul 11, 2016
#8	-8.94% Sep 4, 2018 - Dec 4, 2018	-16.38% Mar 7, 2014 - Feb 20, 2015
#9	-8.46% Feb 3, 2016 - Apr 8, 2016	-14.82% Jul 26, 2019 - Jan 9, 2020
#10	-7.73% Jan 8, 2018 - Aug 31, 2018	-14.15% Oct 29, 2025 - Jan 12, 2026
#11	-7.48% Oct 9, 2019 - Feb 21, 2020	-13.25% Feb 20, 2026 - Apr 9, 2026
#12	-7.30% Sep 26, 2012 - May 1, 2013	-12.67% Feb 9, 2021 - Oct 25, 2021
#13	-6.81% Aug 22, 2019 - Oct 9, 2019	-11.36% Jan 26, 2018 - Aug 27, 2018
#14	-6.41% Mar 12, 2012 - Apr 27, 2012	-9.73% Oct 9, 2020 - Nov 11, 2020
#15	-5.64% Nov 11, 2020 - Dec 29, 2020	-9.60% Jul 16, 2024 - Aug 30, 2024

Correlation

Correlation between GBAB and PRN is 0.73 which considered as a strong positive correlation - the stocks tend to move together.

0.73

-101

Dividend Comparison (2006 - 2026)

GBAB vs PRN dividend yield comparison.

Year	GBAB	PRN
2026	4.47%	0.00%
2025	10.11%	0.17%
2024	9.92%	0.39%
2023	9.32%	0.52%
2022	9.22%	0.82%
2021	6.36%	0.11%
2020	5.92%	0.10%
2019	6.37%	0.42%
2018	6.88%	0.29%
2017	6.64%	0.60%
2016	7.51%	0.57%
2015	7.78%	0.44%
2014	7.48%	0.35%
2013	8.32%	0.35%
2012	6.82%	2.31%
2011	6.69%	0.54%
2010	0.00%	0.71%
2009	0.00%	1.43%
2008	0.00%	1.21%
2007	0.00%	0.32%
2006	0.00%	0.05%