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PCL vs SPLB

PGIM Corporate Bond 10+ Year ETF

PCLCCboe

State Street SPDR Portfolio Long Term Corporate Bond ETF

SPLBANYSE Arca

Overlap

No data

Expense ratio

SPLB −0.21pt a year

PCL0.25%SPLB0.04%

Avg volume · 30D

SPLB 1095.0×the volume

PCL2.73KSPLB2.99M

PCL vs SPLB Performance

Nov 3, 2025 – Nov 3, 2026

−3.3%PCL−3.4%SPLB

Nov 3, 2025 to Nov 3, 2026. PCL −3.3%. SPLB −3.4%. Use the arrow keys to read each point.−6%−2%0%2%Nov 2025May 2026Nov 2026
Expense ratio
PCL 0.25%
SPLB 0.04%, better
Fund size
PCL $72M
SPLB $1.19B
1Y total return
PCL −3.3%, better
SPLB −3.4%
Yield (12M)
PCL 6.15%, better
SPLB 5.81%
Holdings
PCL 187
SPLB 2966
Avg volume (30D)
PCL 2.73K sh
SPLB 2.99M sh, better
NAV per share
PCL $46.68
SPLB $20.90
52W range

ETF.net Grade

PCL: Cost 14, Risk 45, Mission 100, Tradability 34, Holdings 24, Durability 34. SPLB: Cost 80, Risk 41, Mission 100, Tradability 60, Holdings 76, Durability 73.
Pillar letters and Scores for PCL, SPLB, with each pillar’s weight
PillarPCLSPLB
Cost30% weightF14A80Higher
Mission25% weightA100A100
Risk15% weightC45HigherC41
Tradability15% weightD34B60Higher
Holdings10% weightF24A76Higher
Durability5% weightD34A73Higher

Rank among Investment Grade Corporate (10+ Year) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. PCL and SPLB are both graded against the same 7 Investment Grade Corporate (10+ Year) funds, so their Grades compare head to head.

Investment Grade Corporate (10+ Year)⁠

Category · 7 funds
See all 7 ›

SPLB ranks 2nd and PCL 7th of 7 funds in the Investment Grade Corporate (10+ Year) Category.

  1. Rank 1AIGLBiShares 10+ Year Investment Grade Corporate Bond ETFScore 80
  2. Rank 2ASPLBState Street SPDR Portfolio Long Term Corporate Bond ETFScore 75
  3. Rank 2AVCLTVanguard Long-Term Corporate Bond ETFScore 75
  4. Rank 6CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFScore 50
  5. Rank 7CPCLPGIM Corporate Bond 10+ Year ETFScore 44

Our read on each fund

ETF.net Research

PCLCPGIM Corporate Bond 10+ Year ETF

SPLBAState Street SPDR Portfolio Long Term Corporate Bond ETF

In short

PCL No data

SPLB SPLB owns the long end of the corporate bond market, investment-grade debt maturing in 10 years or more, for four basis points a year. Maximum duration exposure at a near-free price.

Stated mandate

PCL No data

SPLB The fund seeks to track the Bloomberg U.S. Long Term Corporate Bond Index, which represents U.S. corporate bonds with maturities of at least 10 years.

Why people hold it

PCL No data

  • SPLB Charges 0.04% a year, far under the typical investment-grade corporate bond ETF.
  • Roughly 2,900 bonds tracking the Bloomberg U.S. Long Term Corporate Bond Index, so no single issuer steers the fund.ssga.com
  • Coupons pass through monthly, and the fund has been running since 2009 with steady trading volume behind it.
  • Tracks its index tightly and ranks among the stronger builds in the investment-grade corporate group.

Worth knowing

PCL No data

  • SPLB Ten-year-plus maturities swing hard when rates move. Intermediate SPIB or short-dated IGSB cover the same credit with far less rate sensitivity.
  • Pure corporate credit, no Treasury ballast, so prices fall when spreads widen.
  • US issuers only. No overseas corporate exposure here.

Full PCL profile⁠

Full SPLB profile⁠

PCL vs SPLB Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

PCL vs SPLB Cost

Overpaying PCL vs SPLB

$4,310

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PCL 0.25%

    $5,159

  • SPLB 0.04%

    $849

$10,000
30 years

Cost over time

  • PCL 0.25%
  • SPLB 0.04%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530PCL $5,159SPLB $849

Year by year

YearPCLSPLBOverpaying
10$455$73$382
20$1,769$288$1,481
30$5,159$849$4,310

Expense ratio

  • 0.25%PCL
  • 0.04%SPLB, cheaper
  • Middle half of Investment Grade Corporate (10+ Year) funds
  • Median 0.15%

SPLB 2nd cheapest of 7 funds

PCL 7th cheapest of 7 funds

PCL vs SPLB Dividends

Last 12 months to Nov 3, 2026
Yield (12M)
PCL 6.15%, better
SPLB 5.81%
Payout (12M)
PCL $2.86
SPLB $1.21
Last payment
PCL $0.23
SPLB $0.10
Ex-dividend
PCL Oct 30, 2026
SPLB Nov 2, 2026
Paid on
PCL Nov 3, 2026
SPLB Pays Nov 5, 2026
Frequency
PCL Monthly
SPLB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

PCLMonthly · 15 paymentsAll PCL payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. Sep 2, 2025 $0.23; Oct 1, 2025 $0.22; Nov 3, 2025 $0.23; Dec 1, 2025 $0.22; Dec 30, 2025 $0.36; Feb 2, 2026 $0.24; Mar 2, 2026 $0.21; Mar 31, 2026 $0.23; Apr 30, 2026 $0.23; May 29, 2026 $0.23; Jun 30, 2026 $0.22; Jul 31, 2026 $0.23; Aug 31, 2026 $0.23; Sep 30, 2026 $0.22; Oct 30, 2026 $0.23. Use the arrow keys to read each point.$0$0.2520232026YTD
SPLBMonthly · 46 paymentsAll SPLB payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.09; Mar 1, 2023 $0.09; Apr 3, 2023 $0.07; May 1, 2023 $0.09; Jun 1, 2023 $0.09; Jul 3, 2023 $0.09; Aug 1, 2023 $0.09; Sep 1, 2023 $0.09; Oct 2, 2023 $0.09; Nov 1, 2023 $0.09; Dec 1, 2023 $0.10; Dec 18, 2023 $0.09; Feb 1, 2024 $0.10; Mar 1, 2024 $0.10; Apr 1, 2024 $0.10; May 1, 2024 $0.10; Jun 3, 2024 $0.09; Jul 1, 2024 $0.10; Aug 1, 2024 $0.10; Sep 3, 2024 $0.10; Oct 1, 2024 $0.10; Nov 1, 2024 $0.10; Dec 2, 2024 $0.10; Dec 19, 2024 $0.10; Feb 3, 2025 $0.10; Mar 3, 2025 $0.10; Apr 1, 2025 $0.10; May 1, 2025 $0.10; Jun 2, 2025 $0.10; Jul 1, 2025 $0.10; Aug 1, 2025 $0.10; Sep 2, 2025 $0.10; Oct 1, 2025 $0.10; Nov 3, 2025 $0.10; Dec 1, 2025 $0.10; Dec 18, 2025 $0.10; Feb 2, 2026 $0.10; Mar 2, 2026 $0.10; Apr 1, 2026 $0.10; May 1, 2026 $0.10; Jun 1, 2026 $0.10; Jul 1, 2026 $0.10; Aug 3, 2026 $0.10; Sep 1, 2026 $0.10; Oct 1, 2026 $0.10; Nov 2, 2026 $0.10. Use the arrow keys to read each point.$0$0.2520232026YTD

PCL vs SPLB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PCL 8.6%since Sep 2025SPLB 11.4%
Return per unit of riskSharpe ratio, 3 years
PCL −0.43since Sep 2025SPLB 0.23
Worst fallMax drawdown, 5 years
PCL −9.2%since Aug 2025SPLB −34.3%
Market sensitivityBeta, 5 years
PCL 0.23SPLB 1.97

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