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

ETF Info

ISIN

US69344A1079

CUSIP

69344A107

Issuer

Prudential

Inception Date

Apr 5, 2018

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

No Index (Active)

Home Page

www.pgim.com

Asset Class

Bond

Expense Ratio

PULS has an expense ratio of 0.15%, which is considered low compared to other funds.


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.


Popular comparisons:
PULS vs. GBIL PULS vs. ICSH PULS vs. EMNT PULS vs. IVOL PULS vs. MINT PULS vs. JPSE PULS vs. STOT PULS vs. VWIUX PULS vs. USFR PULS vs. AAA
Popular comparisons:
PULS vs. GBIL PULS vs. ICSH PULS vs. EMNT PULS vs. IVOL PULS vs. MINT PULS vs. JPSE PULS vs. STOT PULS vs. VWIUX PULS vs. USFR 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%120.00%JulyAugustSeptemberOctoberNovemberDecember
22.36%
123.23%
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)

Returns By Period

PGIM Ultra Short Bond ETF had a return of 5.98% year-to-date (YTD) and 6.15% in the last 12 months.


PULS

YTD

5.98%

1M

0.48%

6M

2.91%

1Y

6.15%

5Y*

3.15%

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of PULS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.63%0.43%0.53%0.50%0.55%0.38%0.55%0.56%0.49%0.40%0.51%5.98%
20230.63%0.55%0.02%0.62%0.45%0.50%0.62%0.53%0.42%0.41%0.67%0.67%6.26%
2022-0.06%-0.20%-0.15%0.04%-0.02%0.00%0.15%0.44%0.08%0.14%0.63%0.47%1.52%
20210.14%0.01%0.07%0.08%0.07%-0.02%0.08%0.04%0.02%-0.04%-0.02%0.05%0.48%
20200.16%0.19%-2.77%1.50%0.94%0.47%0.29%0.24%0.07%0.08%0.22%0.13%1.47%
20190.37%0.24%0.29%0.27%0.26%0.22%0.27%0.23%0.25%0.25%0.17%0.34%3.21%
20180.21%0.16%0.21%0.24%0.28%0.18%0.14%0.15%0.12%1.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 100, PULS is among the top 0% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of PULS is 100100
Overall Rank
The Sharpe Ratio Rank of PULS is 100100
Sharpe Ratio Rank
The Sortino Ratio Rank of PULS is 100100
Sortino Ratio Rank
The Omega Ratio Rank of PULS is 100100
Omega Ratio Rank
The Calmar Ratio Rank of PULS is 100100
Calmar Ratio Rank
The Martin Ratio Rank of PULS is 100100
Martin 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.


Sharpe ratio
The chart of Sharpe ratio for PULS, currently valued at 12.16, compared to the broader market0.002.004.0012.162.10
The chart of Sortino ratio for PULS, currently valued at 29.12, compared to the broader market-2.000.002.004.006.008.0010.0029.122.80
The chart of Omega ratio for PULS, currently valued at 7.75, compared to the broader market0.501.001.502.002.503.007.751.39
The chart of Calmar ratio for PULS, currently valued at 61.13, compared to the broader market0.005.0010.0015.0061.133.09
The chart of Martin ratio for PULS, currently valued at 376.83, compared to the broader market0.0020.0040.0060.0080.00100.00376.8313.49
PULS
^GSPC

The current PGIM Ultra Short Bond ETF Sharpe ratio is 12.16. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of PGIM Ultra Short Bond ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio2.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
12.16
2.10
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)

Dividends

Dividend History

PGIM Ultra Short Bond ETF provided a 5.62% dividend yield over the last twelve months, with an annual payout of $2.80 per share. The fund has been increasing its distributions for 2 consecutive years.


1.00%2.00%3.00%4.00%5.00%$0.00$0.50$1.00$1.50$2.00$2.50201820192020202120222023
Dividends
Dividend Yield
PeriodTTM202320222021202020192018
Dividend$2.80$2.71$1.13$0.59$0.92$1.46$0.94

Dividend yield

5.62%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.25$0.22$0.24$0.22$0.24$0.24$0.24$0.23$0.23$0.22$0.21$2.54
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$2.71
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$1.13
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$0.59
2020$0.00$0.10$0.08$0.11$0.09$0.08$0.06$0.06$0.05$0.05$0.06$0.18$0.92
2019$0.00$0.13$0.11$0.13$0.12$0.11$0.12$0.13$0.11$0.17$0.10$0.25$1.46
2018$0.08$0.11$0.12$0.11$0.10$0.11$0.10$0.22$0.94

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-2.62%
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%Nov 16, 202186Mar 21, 2022101Aug 15, 2022187
-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 0.12%, 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%6.00%JulyAugustSeptemberOctoberNovemberDecember
0.12%
3.79%
PULS (PGIM Ultra Short Bond ETF)
Benchmark (^GSPC)
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The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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