PFRL vs PAI

Comparison between PGIM FLOATING RATE INCOME ETF (PFRL, ETF) and Western Asset Investment Grade Income Fund Inc (PAI, ETF).

PFRL vs PAI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PFRL(ETF)	PAI(ETF)
Net Assets	$122M	$122M
Expense Ratio	0.72%	N/A
Max Drawdown	10.41%	45.93%
Sharpe Ratio	0.97	-0.64
5Y Beta	0.12	0.22
5Y Dividends CAGR	N/A	2.33%

Net Assets

Winner

PFRL

$122M

PAI

$122M

Expense Ratio

PFRL

0.72%

PAI

N/A

Max Drawdown

Winner

PFRL

10.41%

PAI

45.93%

Sharpe Ratio

Winner

PFRL

0.97

PAI

-0.64

5Y Beta

Winner

PFRL

0.12

PAI

0.22

5Y Dividends CAGR

PFRL

N/A

PAI

2.33%

PFRL vs PAI - Historical Returns

Returns include dividend reinvestment.

Period	PFRL	PAI
1 month	+1.12%	+0.36%
3 months	+2.16%	-0.43%
6 months	+5.00%	-3.43%
1 year	+5.82%	-0.67%
5 years(CAGR)	+8.08%	-0.84%
10 years(CAGR)	N/A	+1.91%
Max(CAGR)	+8.08%	+5.98%

Winner

PFRL

+1.12%

PAI

+0.36%

Winner

PFRL

+2.16%

PAI

-0.43%

Winner

PFRL

+5.00%

PAI

-3.43%

Winner

PFRL

+5.82%

PAI

-0.67%

5Y(CAGR)

Winner

PFRL

+8.08%

PAI

-0.84%

10Y(CAGR)

PFRL

N/A

PAI

+1.91%

Max(CAGR)

Winner

PFRL

+8.08%

PAI

+5.98%

PFRL vs PAI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PFRL	PAI
2026	+4.04%	-1.79%
2025	+6.07%	+7.09%
2024	+9.42%	+9.44%
2023	+13.49%	+7.42%
2022	+1.28%	-21.03%
2021	N/A	+1.88%
2020	N/A	+6.17%
2019	N/A	+20.23%
2018	N/A	-11.78%
2017	N/A	+16.74%
2016	N/A	+15.58%
2015	N/A	+1.70%
2014	N/A	+7.73%
2013	N/A	-7.43%
2012	N/A	+12.40%
2011	N/A	+13.11%
2010	N/A	+6.63%
2009	N/A	+29.99%
2008	N/A	-16.92%
2007	N/A	-5.46%
2006	N/A	+16.18%
2005	N/A	-0.98%
2004	N/A	+10.46%
2003	N/A	+15.49%
2002	N/A	+6.03%
2001	N/A	+14.94%
2000	N/A	+25.82%
1999	N/A	-2.13%

PFRL vs PAI Drawdown Comparison

The maximum drawdown for PFRL was -8.83%, occurring on Apr 4, 2025. Recovery took 58 trading sessions.

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The current PAI drawdown is -11.79%.

Rank	PFRL	PAI
#1	-8.83% Mar 3, 2025 - May 23, 2025	-38.96% Jun 1, 2007 - Sep 11, 2009
#2	-3.27% Aug 12, 2022 - Jan 6, 2023	-33.71% Dec 2, 2021 - Oct 20, 2022
#3	-3.16% Jun 6, 2022 - Aug 5, 2022	-30.98% Nov 15, 2019 - Jul 15, 2020
#4	-2.22% Mar 8, 2023 - Apr 20, 2023	-22.02% Nov 26, 2012 - Apr 22, 2016
#5	-1.26% Jan 23, 2026 - Apr 14, 2026	-19.82% Sep 28, 2017 - Jun 11, 2019
#6	-1.19% Sep 19, 2023 - Nov 10, 2023	-13.79% May 24, 2010 - Sep 1, 2011
#7	-1.03% Jul 26, 2024 - Aug 19, 2024	-13.48% Aug 30, 2016 - Jun 19, 2017
#8	-0.90% Sep 12, 2025 - Nov 11, 2025	-10.99% Mar 17, 2004 - Sep 15, 2004
#9	-0.65% Apr 8, 2024 - May 2, 2024	-9.79% Nov 9, 2012 - Nov 21, 2012
#10	-0.52% Jan 6, 2025 - Jan 16, 2025	-9.55% Sep 28, 2020 - Aug 20, 2021
#11	-0.50% May 1, 2023 - May 30, 2023	-9.15% Sep 24, 2002 - Dec 16, 2002
#12	-0.41% Feb 15, 2023 - Mar 7, 2023	-8.91% Jun 20, 2003 - Nov 20, 2003
#13	-0.33% Jan 22, 2024 - Jan 29, 2024	-8.83% Sep 30, 2009 - Mar 17, 2010
#14	-0.32% Jul 29, 2026 - Aug 7, 2026	-8.29% Sep 15, 2021 - Nov 19, 2021
#15	-0.30% Dec 26, 2025 - Jan 8, 2026	-8.08% Feb 10, 2005 - Jun 30, 2005

Correlation

Correlation between PFRL and PAI is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (1999 - 2026)

PFRL vs PAI dividend yield comparison.

Year	PFRL	PAI
2026	3.33%	3.09%
2025	7.34%	5.45%
2024	8.96%	4.83%
2023	9.84%	4.67%
2022	3.55%	4.82%
2021	0.00%	3.57%
2020	0.00%	3.82%
2019	0.00%	4.43%
2018	0.00%	5.23%
2017	0.00%	4.36%
2016	0.00%	4.82%
2015	0.00%	5.30%
2014	0.00%	5.13%
2013	0.00%	5.24%
2012	0.00%	4.84%
2011	0.00%	5.39%
2010	0.00%	6.13%
2009	0.00%	7.37%
2008	0.00%	9.37%
2007	0.00%	8.28%
2006	0.00%	5.59%
2005	0.00%	7.58%
2004	0.00%	9.41%
2003	0.00%	6.38%
2002	0.00%	6.97%
2001	0.00%	7.28%
2000	0.00%	8.00%
1999	0.00%	2.10%