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PGIM Ultra Short Bond ETF (PULS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISINUS69344A1079
CUSIP69344A107
IssuerPrudential
Inception DateApr 5, 2018
RegionDeveloped Markets (Broad)
CategoryTotal Bond Market, Actively Managed
Index TrackedNo Index (Active)
Home Pagewww.pgim.com
Asset ClassBond

Expense Ratio

The PGIM Ultra Short Bond ETF features an expense ratio of 0.15%, falling within the medium range.


Expense ratio chart for PULS: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PGIM Ultra Short Bond ETF

Popular comparisons: PULS vs. GBIL, PULS vs. IVOL, PULS vs. EMNT, PULS vs. STOT, PULS vs. JPSE, PULS vs. VWIUX, PULS vs. USFR, PULS vs. ICSH, PULS vs. MINT, PULS vs. AAA

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PGIM Ultra Short Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


20.00%40.00%60.00%80.00%100.00%NovemberDecember2024FebruaryMarchApril
17.80%
91.95%
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

PGIM Ultra Short Bond ETF had a return of 2.03% year-to-date (YTD) and 6.53% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date2.03%6.92%
1 month0.46%-2.83%
6 months3.44%23.86%
1 year6.53%23.33%
5 years (annualized)2.74%11.66%
10 years (annualized)N/A10.52%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20240.63%0.43%0.53%
20230.42%0.41%0.67%0.67%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current risk-adjusted rank of PULS is 100, placing it in the top 0% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of PULS is 100100
PGIM Ultra Short Bond ETF(PULS)
The Sharpe Ratio Rank of PULS is 100100Sharpe Ratio Rank
The Sortino Ratio Rank of PULS is 100100Sortino Ratio Rank
The Omega Ratio Rank of PULS is 100100Omega Ratio Rank
The Calmar Ratio Rank of PULS is 9999Calmar Ratio Rank
The Martin Ratio Rank of PULS is 100100Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for PGIM Ultra Short Bond ETF (PULS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


PULS
Sharpe ratio
The chart of Sharpe ratio for PULS, currently valued at 10.47, compared to the broader market-1.000.001.002.003.004.0010.47
Sortino ratio
The chart of Sortino ratio for PULS, currently valued at 21.36, compared to the broader market-2.000.002.004.006.008.0021.36
Omega ratio
The chart of Omega ratio for PULS, currently valued at 5.87, compared to the broader market0.501.001.502.002.505.87
Calmar ratio
The chart of Calmar ratio for PULS, currently valued at 32.27, compared to the broader market0.002.004.006.008.0010.0012.0032.27
Martin ratio
The chart of Martin ratio for PULS, currently valued at 250.98, compared to the broader market0.0020.0040.0060.00250.98
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.19, compared to the broader market-1.000.001.002.003.004.002.19
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.18, compared to the broader market-2.000.002.004.006.008.003.18
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.38, compared to the broader market0.501.001.502.002.501.38
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.68, compared to the broader market0.002.004.006.008.0010.0012.001.68
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 8.62, compared to the broader market0.0020.0040.0060.008.62

Sharpe Ratio

The current PGIM Ultra Short Bond ETF Sharpe ratio is 10.47. A Sharpe ratio of 3.0 or higher is considered excellent.


Rolling 12-month Sharpe Ratio0.002.004.006.008.0010.00NovemberDecember2024FebruaryMarchApril
10.47
2.19
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

PGIM Ultra Short Bond ETF granted a 5.67% dividend yield in the last twelve months. The annual payout for that period amounted to $2.82 per share.


PeriodTTM202320222021202020192018
Dividend$2.82$2.71$1.13$0.59$0.92$1.46$0.94

Dividend yield

5.67%5.48%2.30%1.19%1.85%2.92%1.87%

Monthly Dividends

The table displays the monthly dividend distributions for PGIM Ultra Short Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.00$0.25$0.22
2023$0.00$0.21$0.18$0.21$0.22$0.23$0.23$0.23$0.23$0.22$0.24$0.50
2022$0.00$0.04$0.04$0.04$0.05$0.06$0.08$0.10$0.13$0.12$0.16$0.31
2021$0.00$0.06$0.05$0.05$0.06$0.05$0.05$0.05$0.04$0.04$0.04$0.10
2020$0.00$0.10$0.08$0.11$0.09$0.07$0.06$0.06$0.05$0.05$0.06$0.18
2019$0.00$0.13$0.11$0.12$0.12$0.11$0.12$0.12$0.11$0.17$0.10$0.25
2018$0.08$0.11$0.12$0.11$0.10$0.11$0.10$0.22

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril0
-2.94%
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the PGIM Ultra Short Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PGIM Ultra Short Bond ETF was 5.85%, occurring on Mar 20, 2020. Recovery took 62 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.85%Mar 2, 202015Mar 20, 202062Jun 18, 202077
-0.79%Mar 13, 20232Mar 14, 202315Apr 4, 202317
-0.54%Oct 4, 2021117Mar 21, 2022101Aug 15, 2022218
-0.2%May 5, 20231May 5, 202312May 23, 202313
-0.14%Aug 2, 20193Aug 6, 201913Aug 23, 201916

Volatility

Volatility Chart

The current PGIM Ultra Short Bond ETF volatility is 0.18%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
0.18%
3.65%
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)