PTBD vs GDO

Comparison between PACER TRENDPILOT US BOND ETF (PTBD, ETF) and Western Asset Global Corporate Defined Opportunity Fund Inc (GDO, ETF).

5-Year PerformanceGDO has outperformed PTBD, delivering a return of -0.6% compared to -1.7%

PTBD vs GDO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PTBD(ETF)	GDO(ETF)
Net Assets	$86M	$86M
Expense Ratio	0.60%	N/A
Max Drawdown	32.82%	50.42%
Sharpe Ratio	-0.37	-0.09
5Y Beta	0.09	0.31
5Y Dividends CAGR	7.55%	5.53%

Net Assets

Winner

PTBD

$86M

GDO

$86M

Expense Ratio

PTBD

0.60%

GDO

N/A

Max Drawdown

Winner

PTBD

32.82%

GDO

50.42%

Sharpe Ratio

PTBD

-0.37

Winner

GDO

-0.09

5Y Beta

Winner

PTBD

0.09

GDO

0.31

5Y Dividends CAGR

Winner

PTBD

7.55%

GDO

5.53%

PTBD vs GDO - Historical Returns

Returns include dividend reinvestment.

Period	PTBD	GDO
1 month	-0.25%	-0.27%
3 months	+0.50%	-3.25%
6 months	+0.39%	-3.86%
1 year	+2.19%	+2.55%
5 years(CAGR)	-1.70%	-0.57%
10 years(CAGR)	N/A	+3.94%
Max(CAGR)	+0.85%	+4.73%

Winner

PTBD

-0.25%

GDO

-0.27%

Winner

PTBD

+0.50%

GDO

-3.25%

Winner

PTBD

+0.39%

GDO

-3.86%

PTBD

+2.19%

Winner

GDO

+2.55%

5Y(CAGR)

PTBD

-1.70%

Winner

GDO

-0.57%

10Y(CAGR)

PTBD

N/A

GDO

+3.94%

Max(CAGR)

PTBD

+0.85%

Winner

GDO

+4.73%

PTBD vs GDO - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	PTBD	GDO
2026	+1.06%	-5.00%
2025	+2.23%	+18.64%
2024	+4.62%	-1.89%
2023	+8.52%	+8.83%
2022	-20.74%	-20.30%
2021	+0.76%	+4.94%
2020	+10.05%	+5.71%
2019	+2.49%	+29.41%
2018	N/A	-10.61%
2017	N/A	+13.47%
2016	N/A	+17.50%
2015	N/A	-5.86%
2014	N/A	+6.01%
2013	N/A	-5.24%
2012	N/A	+23.68%
2011	N/A	+8.24%
2010	N/A	-2.42%
2009	N/A	-0.15%

PTBD vs GDO Drawdown Comparison

The maximum drawdown for PTBD was -26.01%, occurring on Sep 27, 2022. This drawdown has not yet recovered.

The maximum drawdown for GDO was -34.56%, occurring on Sep 30, 2022. Recovery took 1080 trading sessions.

The current PTBD drawdown is -8.82%. The current GDO drawdown is -5.48%.

Rank	PTBD	GDO
#1	-26.01% Aug 3, 2021 - Sep 27, 2022	-34.56% Sep 10, 2021 - Dec 30, 2025
#2	-6.48% Mar 16, 2020 - Jul 22, 2020	-32.81% Feb 21, 2020 - Oct 9, 2020
#3	-4.65% Mar 9, 2020 - Mar 16, 2020	-15.63% Jan 24, 2013 - Feb 24, 2015
#4	-2.67% Feb 8, 2021 - Jun 2, 2021	-13.67% Dec 17, 2009 - Sep 21, 2010
#5	-2.66% Feb 20, 2020 - Mar 9, 2020	-12.02% Oct 19, 2017 - Feb 27, 2019
#6	-2.56% Sep 2, 2020 - Oct 9, 2020	-11.58% Apr 23, 2015 - May 5, 2016
#7	-2.02% Oct 12, 2020 - Nov 5, 2020	-10.90% Jul 1, 2011 - Dec 23, 2011
#8	-1.65% Nov 9, 2020 - Dec 1, 2020	-8.27% Dec 30, 2025 - Mar 30, 2026
#9	-1.51% Jan 23, 2020 - Feb 5, 2020	-7.85% Oct 22, 2012 - Dec 19, 2012
#10	-1.01% Jul 6, 2021 - Aug 3, 2021	-7.27% Nov 5, 2010 - May 10, 2011
#11	-0.73% Dec 31, 2020 - Jan 14, 2021	-6.87% Sep 7, 2016 - Feb 2, 2017
#12	-0.71% Aug 14, 2020 - Aug 26, 2020	-6.85% Feb 12, 2021 - May 17, 2021
#13	-0.71% Jan 20, 2021 - Feb 2, 2021	-5.42% Oct 9, 2020 - Nov 19, 2020
#14	-0.60% Aug 11, 2020 - Aug 14, 2020	-3.26% Jan 2, 2020 - Feb 19, 2020
#15	-0.56% Oct 25, 2019 - Nov 1, 2019	-2.99% Apr 15, 2019 - Jun 17, 2019

Correlation

Correlation between PTBD and GDO is 0.80 which considered as a strong positive correlation - the stocks tend to move together.

0.80

-101

Dividend Comparison (2010 - 2026)

PTBD vs GDO dividend yield comparison.

Year	PTBD	GDO
2026	2.69%	6.96%
2025	5.62%	12.40%
2024	6.56%	12.04%
2023	6.55%	9.52%
2022	6.14%	9.49%
2021	2.70%	6.93%
2020	2.50%	6.70%
2019	0.62%	6.65%
2018	0.00%	8.41%
2017	0.00%	7.57%
2016	0.00%	7.96%
2015	0.00%	8.62%
2014	0.00%	7.77%
2013	0.00%	7.78%
2012	0.00%	7.30%
2011	0.00%	8.61%
2010	0.00%	8.70%