PAB vs GAA

Comparison between PGIM ACTIVE AGGREGATE BOND ETF (PAB, ETF) and CAMBRIA GLOBAL ASSET ALLOCATION ETF (GAA, ETF).

5-Year PerformanceGAA has outperformed PAB, delivering a return of +6.4% compared to +0.1%

PAB vs GAA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAB(ETF)	GAA(ETF)
Net Assets	$72M	$72M
Expense Ratio	0.19%	0.40%
Max Drawdown	23.81%	27.65%
Sharpe Ratio	0.37	1.81
5Y Beta	0.03	0.35
5Y Dividends CAGR	N/A	16.27%

Net Assets

PAB

$72M

Winner

GAA

$72M

Expense Ratio

Winner

PAB

0.19%

GAA

0.40%

Max Drawdown

Winner

PAB

23.81%

GAA

27.65%

Sharpe Ratio

PAB

0.37

Winner

GAA

1.81

5Y Beta

Winner

PAB

0.03

GAA

0.35

5Y Dividends CAGR

PAB

N/A

GAA

16.27%

PAB vs GAA - Historical Returns

Returns include dividend reinvestment.

Period	PAB	GAA
1 month	+0.44%	+0.49%
3 months	+0.44%	+5.56%
6 months	+0.90%	+10.84%
1 year	+4.75%	+20.97%
5 years(CAGR)	+0.11%	+6.38%
10 years(CAGR)	N/A	+7.79%
Max(CAGR)	+0.25%	+6.80%

PAB

+0.44%

Winner

GAA

+0.49%

PAB

+0.44%

Winner

GAA

+5.56%

PAB

+0.90%

Winner

GAA

+10.84%

PAB

+4.75%

Winner

GAA

+20.97%

5Y(CAGR)

PAB

+0.11%

Winner

GAA

+6.38%

10Y(CAGR)

PAB

N/A

GAA

+7.79%

Max(CAGR)

PAB

+0.25%

Winner

GAA

+6.80%

PAB vs GAA - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	PAB	GAA
2026	+0.49%	+9.93%
2025	+7.63%	+18.90%
2024	+2.32%	+7.42%
2023	+5.72%	+5.80%
2022	-13.50%	-8.06%
2021	+0.90%	+11.10%
2020	N/A	+8.36%
2019	N/A	+15.16%
2018	N/A	-7.43%
2017	N/A	+14.99%
2016	N/A	+10.03%
2015	N/A	-4.07%
2014	N/A	-0.36%

PAB vs GAA Drawdown Comparison

The maximum drawdown for PAB was -19.27%, occurring on Oct 24, 2022. Recovery took 1140 trading sessions.

The maximum drawdown for GAA was -26.57%, occurring on Mar 19, 2020. Recovery took 206 trading sessions.

The current PAB drawdown is -1.45%. The current GAA drawdown is -0.27%.

Rank	PAB	GAA
#1	-19.27% Aug 2, 2021 - Feb 17, 2026	-26.57% Jan 17, 2020 - Nov 10, 2020
#2	-2.86% Feb 27, 2026 - May 19, 2026	-18.44% Oct 20, 2021 - Mar 21, 2024
#3	-0.82% May 6, 2021 - May 25, 2021	-12.62% May 15, 2015 - Jul 22, 2016
#4	-0.77% Jul 19, 2021 - Aug 2, 2021	-12.06% Jan 26, 2018 - Oct 24, 2019
#5	-0.74% Jul 8, 2021 - Jul 19, 2021	-7.18% Sep 23, 2024 - May 12, 2025
#6	-0.61% Jun 10, 2021 - Jun 18, 2021	-5.78% Feb 27, 2026 - Apr 17, 2026
#7	-0.57% Jun 18, 2021 - Jul 2, 2021	-4.28% Jun 10, 2021 - Sep 1, 2021
#8	-0.44% Apr 15, 2021 - May 6, 2021	-4.26% Oct 3, 2016 - Jan 23, 2017
#9	-0.35% May 25, 2021 - Jun 4, 2021	-3.97% Jul 16, 2024 - Aug 23, 2024
#10	-0.21% Feb 17, 2026 - Feb 23, 2026	-3.57% Sep 1, 2021 - Oct 20, 2021
#11	-0.12% Jun 4, 2021 - Jun 8, 2021	-3.30% Feb 16, 2021 - Mar 11, 2021
#12	-0.12% Feb 23, 2026 - Feb 26, 2026	-2.97% Mar 17, 2021 - Apr 15, 2021
#13	N/A	-2.93% Apr 1, 2024 - May 21, 2024
#14	N/A	-2.84% Feb 25, 2015 - Apr 6, 2015
#15	N/A	-2.69% May 21, 2024 - Jul 12, 2024

Correlation

Correlation between PAB and GAA is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71

-101

Dividend Comparison (2014 - 2026)

PAB vs GAA dividend yield comparison.

Year	PAB	GAA
2026	1.91%	0.90%
2025	4.28%	4.24%
2024	4.25%	3.88%
2023	3.70%	3.73%
2022	2.81%	6.05%
2021	2.34%	4.21%
2020	0.00%	2.73%
2019	0.00%	3.32%
2018	0.00%	3.00%
2017	0.00%	2.36%
2016	0.00%	2.82%
2015	0.00%	2.49%
2014	0.00%	0.57%