PGIM Short Duration Multi-Sector Bond ETF (PSDM) belongs to the Multisector Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSDM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSDM
PSDM charges 0.40% annually. There are 10 ETFs in the Multisector Bonds category with lower expense ratios, going as low as 0.20%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.20% | 445.69M | Nov 2023 | PSDM vs SOFR | |
| Columbia Diversified Fixed Income Allocation ETF | 0.29% | 440.13M | Oct 2017 | PSDM vs DIAL | |
| Vanguard Multi-Sector Income Bond ETF | 0.30% | — | Jun 2025 | PSDM vs VGMS | |
| Allspring Income Plus ETF | 0.36% | — | Dec 2024 | PSDM vs AINP | |
| American Century Multisector Income ETF | 0.36% | 238.29M | Jun 2021 | PSDM vs MUSI |
Best Risk-Adjusted Alternatives to PSDM
PSDM has a PortfoliosLab risk / return rank of 91. There are 7 ETFs in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 98 | 445.69M | Nov 2023 | PSDM vs SOFR | |
| Obra High Grade Structured Products ETF | 97 | 29.65M | Apr 2024 | PSDM vs OGSP | |
| Palmer Square Credit Opportunities ETF | 97 | 101.21M | Sep 2024 | PSDM vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | 96 | 56.29M | Jun 2025 | PSDM vs ABI | |
| Angel Oak Income ETF | 95 | 1.03B | Nov 2022 | PSDM vs CARY |
Top Performing PSDM Alternatives (YTD)
PSDM is at 1.30% YTD. There are 22 ETFs in the Multisector Bonds category with higher YTD returns, going as high as 4.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Man Active Income ETF | 4.62% | 20.24M | Sep 2025 | PSDM vs MANI | |
| Bluemonte Diversified Income ETF | 3.90% | 100.93M | Jun 2025 | PSDM vs BLUI | |
| Rareview Dynamic Fixed Income ETF | 3.36% | 58.18M | Oct 2020 | PSDM vs RDFI | |
| VictoryShares Pioneer Asset-Based Income ETF | 3.08% | 56.29M | Jun 2025 | PSDM vs ABI | |
| TCW Multisector Credit Income ETF | 2.83% | 50.94M | Nov 2024 | PSDM vs MUSE |
Lowest Volatility Alternatives to PSDM
PSDM has 1.76% 1-year volatility. There are 6 ETFs in the Multisector Bonds category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | 0.86% | 445.69M | Nov 2023 | PSDM vs SOFR | |
| State Street IG Public & Private ABS ETF | 1.12% | 24.86M | Mar 2026 | PSDM vs PRAB | |
| VictoryShares Pioneer Asset-Based Income ETF | 1.28% | 56.29M | Jun 2025 | PSDM vs ABI | |
| Palmer Square Credit Opportunities ETF | 1.63% | 101.21M | Sep 2024 | PSDM vs PSQO | |
| JPMorgan Income ETF | 1.63% | 9.91B | Oct 2021 | PSDM vs JPIE |
Lowest Drawdown Alternatives to PSDM
PSDM has a 1-year max drawdown of -1.19%. There are 5 ETFs in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Amplify Samsung SOFR ETF | -0.41% | 445.69M | Nov 2023 | PSDM vs SOFR | |
| Obra High Grade Structured Products ETF | -0.50% | 29.65M | Apr 2024 | PSDM vs OGSP | |
| Palmer Square Credit Opportunities ETF | -0.66% | 101.21M | Sep 2024 | PSDM vs PSQO | |
| VictoryShares Pioneer Asset-Based Income ETF | -0.95% | 56.29M | Jun 2025 | PSDM vs ABI | |
| JPMorgan Income ETF | -1.15% | 9.91B | Oct 2021 | PSDM vs JPIE |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PFRL and span 9 categories. AUM among these funds goes as high as $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.53% | 10.35B | Jul 2023 | PSDM vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.13% | 17.62B | Apr 2018 | PSDM vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 93 | 2.81% | 118.91M | May 2022 | PSDM vs PFRL | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 87 | 6.76% | 213.82M | Jun 2024 | PSDM vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 92 | 5.10% | 194.07M | Jun 2024 | PSDM vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 92 | 1.60% | 102.00M | Jun 2024 | PSDM vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 79 | 2.28% | 167.88M | Dec 2023 | PSDM vs PSH | |
| PGIM S&P 500 Max Buffer ETF - April | Defined Outcome | 99 | 3.60% | — | Mar 2025 | PSDM vs PMAP | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 35 | -0.07% | 1.07B | Dec 2021 | PSDM vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 21 | 4.27% | 148.08M | Dec 2022 | PSDM vs PJFG |
Often Compared With PSDM
Investors most often compare PSDM with MINT, BOXA, FLDR. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare PSDM with Any Fund or Stock
Compare PSDM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSDM with funds that move differently
PGIM Short Duration Multi-Sector Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSDM.
Explore PSDM Diversifiers