Which returned more over the last year, IUSB or PTRB?

In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and PTRB −1.6%.

Which is cheaper, IUSB or PTRB?

IUSB is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

IUSB vs PTRB: Differences, Returns & Fees

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IUSB's duration was 5.5 years on Jul 31, 2026 and PTRB's 5.9 on May 29, 2026; IUSB charges 0.06% to PTRB's 0.49%.

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Net assets on Oct 27, 2026: $49.8bn for iShares Core Universal USD Bond ETF and $1.2bn for PGIM Total Return Bond ETF.

IUSB on its own →PTRB on its own →

At a glance

−1.2%

IUSB total return, 1 year

−1.6%

PTRB total return, 1 year

0.06%

IUSB expense ratio

0.49%

PTRB expense ratio

Pair scorecard

IUSB costs 0.43 points a year less; their one-year returns differ by 0.4 points; IUSB is far larger, $49.8bn against $1.2bn.

IUSB vs PTRB: Differences, Returns & Fees
Measure	IUSB	PTRB
Return
Measure	IUSB	PTRB
Total return, 1 year	−1.2%	−1.6%
Drawdown
Measure	IUSB	PTRB
Below its high		3.2%, high on Feb 27, 2026
Benchmark
Measure	IUSB	PTRB
What it tracks	Bloomberg U.S. Universal Index	No index, actively managed
Cost and size
Measure	IUSB	PTRB
Expense ratio	0.06%	0.49%
Net assets, as of Oct 27, 2026	$49.8bn	$1.2bn
Holdings
Measure	IUSB	PTRB
Holdings in common	7%

Holdings in common uses holdings dated May 29, 2026 and Jul 31, 2026. Method

Risk and return

Dec 17, 2021 to Oct 23, 2026 · 253 weekly returns

IUSB PTRB

Return

Total return edge IUSB +0.2% −0.4%

Annualized edge IUSB 0.0% −0.1%

Price return edge IUSB −15.8% −20.0%

Risk

Volatility edge IUSB (slight) 5.7% 6.0%

Max drawdown edge IUSB −16.8% −19.0%

Risk-adjusted

Sharpe edge PTRB (slight) −0.68 −0.66

Sortino edge PTRB (slight) −0.90 −0.86

Calmar edge IUSB (slight) 0.00 0.00

Reading

IUSB returned more: +0.2% to −0.4%. IUSB swung slightly less: 5.7% to 6.0%. IUSB fell less at its worst: −16.8% to −19.0%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: IUSB vs PTRB: Differences, Returns & Fees
Measure	IUSB	PTRB	Edge	How it is measured
Return
Total return	+0.2%	−0.4%	IUSB	Price change plus distributions, reinvested.
Annualized	0.0%	−0.1%	IUSB	Total return as a yearly rate.
Price return	−15.8%	−20.0%	IUSB	Price change alone, distributions left out.
Risk
Volatility	5.7%	6.0%	IUSB (slight)	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	4.3%	4.6%	IUSB (slight)	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−16.8%	−19.0%	IUSB	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	−0.68	−0.66	PTRB (slight)	Return above Treasury bills per unit of volatility.
Sortino	−0.90	−0.86	PTRB (slight)	Return above Treasury bills per unit of downside deviation.
Calmar	0.00	0.00	IUSB (slight)	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 253 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, IUSB and PTRB hold 7% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jul 31, 2026.

50%

0 half 100%

half

7% in common

Positions both hold · largest shared weight first IUSB PTRB

U.S. Treasury Notes, due Aug 15, 2033 0.27% 1.12%

U.S. Treasury Notes, due Nov 15, 2035 0.32% 0.27%

U.S. Treasury Notes, due Dec 31, 2030 0.27% 2.28%

U.S. Treasury Notes, due Feb 15, 2032 0.21% 0.39%

U.S. Treasury Bonds, due Nov 15, 2052 0.17% 0.61%

U.S. Treasury Notes, due Nov 30, 2027 0.16% 0.69%

U.S. Treasury Notes, due Dec 15, 2028 0.16% 1.54%

U.S. Treasury Bonds, due May 15, 2045 0.15% 0.83%

U.S. Treasury Bonds, due Nov 15, 2043 0.15% 0.15%

U.S. Treasury Notes, due Jan 31, 2033 0.14% 2.05%

U.S. Treasury Bonds, due Nov 15, 2051 0.14% 0.41%

U.S. Treasury Bonds, due Nov 15, 2042 0.13% 1.08%

Only in one fund ↓

Only in IUSB

Uniform Mortgage-Backed Securities, due Aug 25, 2056 0.41%

U.S. Treasury Notes, due Dec 31, 2029 0.37%

U.S. Treasury Notes, due May 15, 2036 0.37%

U.S. Treasury Notes, due Feb 15, 2034 0.36%

U.S. Treasury Notes, due Feb 15, 2035 0.35%

U.S. Treasury Notes, due Aug 15, 2035 0.34%

U.S. Treasury Notes, due May 15, 2034 0.34%

U.S. Treasury Notes, due May 15, 2035 0.33%

Only in PTRB

CBAMR 2017-2 LTD, due Apr 17, 2039 0.92%

PGIM Corporate Bond 5-10 Year ETF 0.77%

PGIM Corporate Bond 0-5 Year ETF 0.77%

MDPK 2023-63A A1R, due Jul 23, 2038 0.67%

FN MA4282, due Mar 1, 2051 0.61%

ROCKT 2023-1A A1R, due Mar 15, 2038 0.59%

FN MA4119, due Sep 1, 2050 0.56%

CORDA 15A ARR, due Feb 26, 2039 0.52%

Check overlap with more funds →

Side by side

IUSB iShares Core Universal USD Bond ETF PTRB PGIM Total Return Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares PGIM

What it is Tracks an index of Universal USD Bond Actively managed

Total return, 1 year −1.2% −1.6%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured −0.2 pts vs AGG

Expense ratio 0.06% 0.49%

Holdings 18338 1161

Net assets, as of Oct 27, 2026 $49.8bn $1.2bn

IUSB and PTRB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-2AEE5F8299

IUSB and PTRB are built for the same job. How do they differ in cost, holdings and results?

What each follows. IUSB follows Bloomberg U.S. Universal Index and PTRB follows No index, actively managed.
Holdings in common. 7% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 29, 2026).
Number of holdings. IUSB holds 18,338 positions and PTRB holds 1161.

Data as of Oct 28, 2026.

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About each fund

IUSB

IUSB tracks an index of Universal USD Bond. Over the year to Oct 28, 2026 it returned −1.2% with distributions reinvested. The prospectus expense ratio is 0.06% a year.

PTRB

PTRB is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.6% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.49% a year. It sat 3.2% below its high of Feb 27, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, IUSB or PTRB?: In the year to Oct 28, 2026, with distributions reinvested, IUSB returned −1.2% and PTRB −1.6%.
Which is cheaper, IUSB or PTRB?: IUSB is cheaper, by 0.43 percentage points a year. That is about $43 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IUSB vs JCPB IUSB vs SYSB IUSB vs UBND IUSB vs VPLS JCPB vs PTRB FBND vs PTRB CGCP vs PTRB BOND vs PTRB

Where to next

IUSB on its own →PTRB on its own →Hold both: look the portfolio through →Rankings →IUSB dividend history →IUSB holdings →PTRB dividend history →PTRB holdings →Standards and sources →

Sources and dates

IUSB filings on SEC EDGAR ↗

IUSB prospectus with the expense ratio (SEC) ↗

iShares page for IUSB ↗

PTRB filings on SEC EDGAR ↗

PTRB prospectus with the expense ratio (SEC) ↗

PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, IUSB against PTRB, data as of Oct 28, 2026. https://etfiq.com/compare/any/iusb-vs-ptrb

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.