PCI vs IQI

Comparison between PGIM Corporate Bond 5-10 Year ETF (PCI, ETF) and Invesco Quality Municipal Income Trust (IQI, ETF).

5-Year PerformancePCI has outperformed IQI, delivering a return of +19.5% compared to +0.3%

PCI vs IQI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PCI(ETF)	IQI(ETF)
Net Assets	$535M	$535M
Expense Ratio	0.25%	N/A
Max Drawdown	44.97%	55.16%
Sharpe Ratio	0.99	1.15
5Y Beta	0.16	0.23
5Y Dividends CAGR	1.81%	4.25%

Net Assets

PCI

$535M

Winner

IQI

$535M

Expense Ratio

PCI

0.25%

IQI

N/A

Max Drawdown

Winner

PCI

44.97%

IQI

55.16%

Sharpe Ratio

PCI

0.99

Winner

IQI

1.15

5Y Beta

Winner

PCI

0.16

IQI

0.23

5Y Dividends CAGR

PCI

1.81%

Winner

IQI

4.25%

PCI vs IQI - Historical Returns

Returns include dividend reinvestment.

Period	PCI	IQI
1 month	+0.34%	+1.86%
3 months	+1.36%	+1.82%
6 months	+1.33%	+3.43%
1 year	+3.88%	+14.97%
5 years(CAGR)	+19.49%	+0.26%
10 years(CAGR)	+17.23%	+2.57%
Max(CAGR)	+13.30%	+5.33%

PCI

+0.34%

Winner

IQI

+1.86%

PCI

+1.36%

Winner

IQI

+1.82%

PCI

+1.33%

Winner

IQI

+3.43%

PCI

+3.88%

Winner

IQI

+14.97%

5Y(CAGR)

Winner

PCI

+19.49%

IQI

+0.26%

10Y(CAGR)

Winner

PCI

+17.23%

IQI

+2.57%

Max(CAGR)

Winner

PCI

+13.30%

IQI

+5.33%

PCI vs IQI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PCI	IQI
2026	+0.95%	+4.22%
2025	+2.96%	+8.56%
2024	N/A	+9.98%
2023	N/A	+4.31%
2022	N/A	-27.10%
2021	+5.64%	+9.25%
2020	-6.35%	+8.86%
2019	+31.32%	+15.59%
2018	+3.49%	-4.47%
2017	+20.65%	+6.13%
2016	+28.21%	+2.85%
2015	-2.61%	+8.13%
2014	+2.42%	+19.39%
2013	-2.12%	-14.68%
2012	N/A	+7.81%
2011	N/A	+19.74%
2010	N/A	+8.35%
2009	N/A	+33.00%
2008	N/A	-20.84%
2007	N/A	-8.00%
2006	N/A	+10.77%
2005	N/A	+10.91%
2004	N/A	+1.23%
2003	N/A	+11.68%
2002	N/A	+7.07%
2001	N/A	+9.01%
2000	N/A	+16.17%
1999	N/A	-6.11%

PCI vs IQI Drawdown Comparison

The maximum drawdown for PCI was -43.54%, occurring on Mar 23, 2020. Recovery took 284 trading sessions.

The maximum drawdown for IQI was -50.21%, occurring on Oct 10, 2008. Recovery took 692 trading sessions.

The current PCI drawdown is -0.76%. The current IQI drawdown is -3.42%.

Rank	PCI	IQI
#1	-43.54% Feb 20, 2020 - Apr 7, 2021	-50.21% May 7, 2007 - Feb 3, 2010
#2	-16.18% Feb 6, 2013 - Apr 28, 2014	-35.34% Jul 29, 2021 - Oct 25, 2023
#3	-15.78% Oct 2, 2018 - Mar 1, 2019	-26.28% Mar 4, 2020 - Nov 24, 2020
#4	-15.20% Jun 12, 2014 - Jun 7, 2016	-22.85% Jul 25, 2012 - Jan 13, 2015
#5	-7.44% Aug 9, 2021 - Aug 1, 2025	-18.18% Sep 30, 2010 - Oct 28, 2011
#6	-5.75% Oct 10, 2016 - Dec 7, 2016	-13.33% Aug 18, 2016 - Apr 10, 2019
#7	-5.42% Oct 12, 2017 - Mar 6, 2018	-11.24% Mar 23, 2004 - Feb 4, 2005
#8	-5.10% Aug 7, 2017 - Sep 20, 2017	-10.07% Jun 17, 2003 - Jan 15, 2004
#9	-4.97% May 5, 2021 - Aug 5, 2021	-9.68% Nov 5, 1999 - Feb 3, 2000
#10	-4.36% Aug 2, 2019 - Sep 12, 2019	-9.35% Feb 2, 2015 - Dec 1, 2015
#11	-4.22% Sep 8, 2016 - Sep 28, 2016	-8.54% Sep 12, 2000 - Jan 2, 2001
#12	-3.34% Jun 20, 2019 - Jul 22, 2019	-7.40% Mar 1, 2012 - Jun 11, 2012
#13	-3.17% Apr 16, 2021 - May 5, 2021	-7.23% Oct 2, 2002 - Feb 27, 2003
#14	-3.04% Feb 27, 2026 - Mar 27, 2026	-7.19% Feb 4, 2002 - Jul 10, 2002
#15	-2.93% Nov 6, 2019 - Nov 29, 2019	-7.14% Feb 8, 2000 - Jul 18, 2000

Correlation

Correlation between PCI and IQI is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2000 - 2026)

PCI vs IQI dividend yield comparison.

Year	PCI	IQI
2026	2.36%	3.14%
2025	2.18%	7.60%
2024	0.00%	6.48%
2023	0.00%	4.70%
2022	0.00%	5.82%
2021	10.20%	4.53%
2020	9.85%	4.61%
2019	9.84%	4.88%
2018	11.02%	6.04%
2017	8.78%	5.33%
2016	12.85%	6.15%
2015	11.85%	6.08%
2014	11.98%	6.24%
2013	8.57%	7.39%
2012	0.00%	6.43%
2011	0.00%	6.46%
2010	0.00%	6.96%
2009	0.00%	6.59%
2008	0.00%	7.30%
2007	0.00%	5.66%
2006	0.00%	6.73%
2005	0.00%	7.70%
2004	0.00%	6.33%
2003	0.00%	8.51%
2002	0.00%	8.43%
2001	0.00%	8.85%
2000	0.00%	2.65%