PPT vs PICB

Comparison between Putnam Premier Income Trust (PPT, ETF) and INVESCO INTERNATIONAL CORPORATE BOND ETF (PICB, ETF).

5-Year PerformancePPT has outperformed PICB, delivering a return of +2.0% compared to -1.8%

PPT vs PICB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PPT(ETF)	PICB(ETF)
Net Assets	$356M	$356M
Expense Ratio	N/A	0.50%
Max Drawdown	55.93%	39.48%
Sharpe Ratio	-0.14	-0.18
5Y Beta	0.16	0.09
5Y Dividends CAGR	-4.90%	19.03%

Net Assets

PPT

$356M

Winner

PICB

$356M

Expense Ratio

PPT

N/A

PICB

0.50%

Max Drawdown

PPT

55.93%

Winner

PICB

39.48%

Sharpe Ratio

Winner

PPT

-0.14

PICB

-0.18

5Y Beta

PPT

0.16

Winner

PICB

0.09

5Y Dividends CAGR

PPT

-4.90%

Winner

PICB

19.03%

PPT vs PICB - Historical Returns

Returns include dividend reinvestment.

Period	PPT	PICB
1 month	+0.76%	+1.93%
3 months	+0.52%	+1.65%
6 months	+2.27%	+0.26%
1 year	+2.37%	+1.96%
5 years(CAGR)	+2.00%	-1.76%
10 years(CAGR)	+4.74%	+0.83%
Max(CAGR)	+5.19%	+1.98%

PPT

+0.76%

Winner

PICB

+1.93%

PPT

+0.52%

Winner

PICB

+1.65%

Winner

PPT

+2.27%

PICB

+0.26%

Winner

PPT

+2.37%

PICB

+1.96%

5Y(CAGR)

Winner

PPT

+2.00%

PICB

-1.76%

10Y(CAGR)

Winner

PPT

+4.74%

PICB

+0.83%

Max(CAGR)

Winner

PPT

+5.19%

PICB

+1.98%

PPT vs PICB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PPT	PICB
2026	+0.83%	+0.34%
2025	+7.79%	+14.99%
2024	+6.99%	-1.75%
2023	+6.84%	+12.57%
2022	-7.73%	-21.87%
2021	-1.49%	-6.81%
2020	-6.64%	+12.70%
2019	+24.45%	+10.21%
2018	-4.90%	-7.30%
2017	+13.55%	+15.90%
2016	+8.31%	-0.48%
2015	-0.16%	-8.41%
2014	+2.17%	-0.35%
2013	+4.98%	+3.11%
2012	+12.03%	+14.81%
2011	-9.55%	+1.03%
2010	+13.24%	+10.61%
2009	+71.49%	N/A
2008	-32.16%	N/A
2007	+1.68%	N/A
2006	+11.38%	N/A
2005	-0.21%	N/A
2004	+7.34%	N/A
2003	+15.78%	N/A
2002	+9.95%	N/A
2001	+7.46%	N/A
2000	+2.27%	N/A
1999	-11.81%	N/A

PPT vs PICB Drawdown Comparison

The maximum drawdown for PPT was -49.68%, occurring on Nov 21, 2008. Recovery took 318 trading sessions.

The maximum drawdown for PICB was -37.10%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The current PPT drawdown is -3.34%. The current PICB drawdown is -11.38%.

Rank	PPT	PICB
#1	-49.68% May 21, 2008 - Aug 25, 2009	-37.10% Dec 31, 2020 - Sep 27, 2022
#2	-31.74% Jan 15, 2020 - May 1, 2025	-23.37% Feb 1, 2018 - Jul 21, 2020
#3	-22.13% Jun 3, 2011 - Apr 22, 2014	-17.26% Jun 30, 2014 - Feb 1, 2018
#4	-17.27% Nov 1, 1999 - Jan 18, 2001	-11.36% Aug 5, 2011 - Aug 28, 2012
#5	-13.54% Jun 25, 2014 - Sep 8, 2016	-9.99% Nov 4, 2010 - Apr 21, 2011
#6	-12.78% Nov 1, 2010 - May 5, 2011	-8.39% May 1, 2013 - Oct 18, 2013
#7	-12.64% Jun 7, 2001 - Apr 23, 2002	-4.44% Jan 14, 2013 - Apr 29, 2013
#8	-12.13% Jun 13, 2002 - Jan 6, 2003	-3.31% Oct 14, 2010 - Nov 4, 2010
#9	-11.98% May 14, 2018 - Apr 5, 2019	-3.19% May 2, 2011 - Jul 26, 2011
#10	-10.83% Mar 17, 2004 - Sep 16, 2004	-3.17% Sep 1, 2020 - Nov 6, 2020
#11	-9.44% Jan 14, 2008 - May 16, 2008	-2.75% Aug 6, 2010 - Sep 22, 2010
#12	-9.26% Jul 3, 2003 - Dec 15, 2003	-2.18% Oct 24, 2013 - Feb 13, 2014
#13	-9.03% Apr 27, 2010 - Jun 22, 2010	-1.76% Jun 3, 2010 - Jun 14, 2010
#14	-7.20% Jul 11, 2005 - Aug 28, 2006	-1.52% May 6, 2014 - Jun 26, 2014
#15	-7.12% Jul 3, 2007 - Jan 14, 2008	-1.33% Mar 14, 2014 - Apr 8, 2014

Correlation

Correlation between PPT and PICB is 0.48 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.48

-101

Dividend Comparison (2000 - 2026)

PPT vs PICB dividend yield comparison.

Year	PPT	PICB
2026	3.77%	1.33%
2025	8.81%	3.17%
2024	8.76%	3.19%
2023	8.74%	2.24%
2022	8.60%	1.64%
2021	7.31%	1.34%
2020	8.84%	1.22%
2019	7.73%	1.42%
2018	6.84%	1.70%
2017	5.85%	1.47%
2016	6.28%	2.20%
2015	6.30%	2.39%
2014	5.94%	2.64%
2013	5.74%	2.73%
2012	6.52%	3.09%
2011	10.98%	3.96%
2010	10.99%	1.94%
2009	12.20%	0.00%
2008	12.51%	0.00%
2007	5.81%	0.00%
2006	5.60%	0.00%
2005	7.59%	0.00%
2004	7.11%	0.00%
2003	7.37%	0.00%
2002	8.82%	0.00%
2001	9.65%	0.00%
2000	4.33%	0.00%