PGIM Short Duration High Yield ETF (PSH) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PSH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PSH
PSH charges 0.45% annually. There are 73 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.75B | Jul 2023 | PSH vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | PSH vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | PSH vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.46B | Dec 2016 | PSH vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | PSH vs USHY |
Best Risk-Adjusted Alternatives to PSH
PSH has a PortfoliosLab risk / return rank of 80. There are 16 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | PSH vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | PSH vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 94 | 259.69M | Dec 2013 | PSH vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | PSH vs BSJR | |
| iShares Interest Rate Hedged High Yield Bond ETF | 90 | 596.69M | May 2014 | PSH vs HYGH |
Top Performing PSH Alternatives (YTD)
PSH is at 2.46% YTD. There are 20 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.47% | — | Aug 2025 | PSH vs DADS | |
| Man Active High Yield ETF | 6.16% | 19.82M | Sep 2025 | PSH vs MHY | |
| ProShares High Yield-Interest Rate Hedged | 4.39% | 185.42M | May 2013 | PSH vs HYHG | |
| VanEck Emerging Markets High Yield Bond ETF | 4.38% | 521.46M | May 2012 | PSH vs HYEM | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 3.90% | 259.69M | Dec 2013 | PSH vs HYZD |
Lowest Volatility Alternatives to PSH
PSH has 2.95% 1-year volatility. There are 22 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | PSH vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.29% | 870.26M | Aug 2018 | PSH vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | PSH vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | PSH vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | PSH vs BSJR |
Lowest Drawdown Alternatives to PSH
PSH has a 1-year max drawdown of -1.42%. There are 6 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | PSH vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | PSH vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | PSH vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | PSH vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | PSH vs IBHH |
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 | 2.76% | 11.25B | Jul 2023 | PSH vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.40% | 18.30B | Apr 2018 | PSH vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 94 | 3.01% | 121.63M | May 2022 | PSH vs PFRL | |
| PGIM Active High Yield Bond ETF | High Yield Bonds | 65 | 1.74% | 1.39B | Sep 2018 | PSH vs PHYL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 90 | 1.61% | — | Jul 2023 | PSH vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 90 | 7.65% | 223.70M | Jun 2024 | PSH vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 93 | 5.89% | 203.06M | Jun 2024 | PSH vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 90 | 1.58% | 106.99M | Jun 2024 | PSH vs PUSH | |
| PGIM S&P 500 Max Buffer ETF - April | Defined Outcome | 99 | 4.00% | — | Mar 2025 | PSH vs PMAP | |
| PGIM Jennison Focused Value ETF | Large Cap Value Equities | 94 | 21.61% | 125.07M | Dec 2022 | PSH vs PJFV |
Often Compared With PSH
Investors most often compare PSH with OOSP, IQHI, VOO. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare PSH with Any Fund or Stock
Compare PSH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PSH with funds that move differently
PGIM Short Duration High Yield ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PSH.
Explore PSH Diversifiers