PGIM Ultra Short Bond ETF (PULS) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PULS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PULS
PULS charges 0.15% annually. There are 18 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.92B | Sep 2022 | PULS vs XHLF | |
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 748.21M | Sep 2022 | PULS vs XONE | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | PULS vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | PULS vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 928.70M | Feb 2025 | PULS vs VGUS |
Best Risk-Adjusted Alternatives to PULS
PULS has a PortfoliosLab risk / return rank of 100. There are 22 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 91.90B | May 2020 | PULS vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.52B | Jan 2017 | PULS vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 45.99B | May 2007 | PULS vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 100 | 20.73B | Jan 2007 | PULS vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 874.34M | Jun 2023 | PULS vs BILZ |
Top Performing PULS Alternatives (YTD)
PULS is at 1.73% YTD. There are 9 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 2.39%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 2.39% | 22.70M | Mar 2023 | PULS vs FUSI | |
| Yields for You Income Strategy A ETF | 2.34% | 23.54M | Jan 2025 | PULS vs YFYA | |
| Neos Enhanced Income Cash Alternative ETF | 2.26% | 1.28B | Aug 2022 | PULS vs CSHI | |
| Angel Oak Ultrashort Income ETF | 1.91% | 1.45B | Oct 2022 | PULS vs UYLD | |
| Simplify Treasury Option Income ETF | 1.90% | 438.06M | Oct 2022 | PULS vs BUCK |
Lowest Volatility Alternatives to PULS
PULS has 0.41% 1-year volatility. There are 26 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.19% | 2.52B | Jan 2017 | PULS vs TBLL | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.73B | Jan 2007 | PULS vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 45.99B | May 2007 | PULS vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | 0.20% | 91.90B | May 2020 | PULS vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 874.34M | Jun 2023 | PULS vs BILZ |
Lowest Drawdown Alternatives to PULS
PULS has a 1-year max drawdown of -0.09%. There are 23 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-1 Year Treasury Bond ETF | -0.01% | 20.73B | Jan 2007 | PULS vs SHV | |
| Invesco Short Term Treasury ETF | -0.01% | 2.52B | Jan 2017 | PULS vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 45.99B | May 2007 | PULS vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 91.90B | May 2020 | PULS vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | 874.34M | Jun 2023 | PULS vs BILZ |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PFRL, PSDM and span 10 categories. AUM among these funds goes as high as $10B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.03% | 10.16B | Jul 2023 | PULS vs PAAA | |
| PGIM Floating Rate Income ETF | Bank Loan | 91 | 1.96% | 116.67M | May 2022 | PULS vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 89 | 1.23% | — | Jul 2023 | PULS vs PSDM | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 88 | 1.32% | 97.02M | Jun 2024 | PULS vs PUSH | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 86 | 6.23% | 183.97M | Jun 2024 | PULS vs BUFP | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 71 | 1.88% | 161.26M | Dec 2023 | PULS vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 90 | 4.52% | 154.43M | Jun 2024 | PULS vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 40 | 0.34% | 978.28M | Dec 2021 | PULS vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 28 | 6.64% | 154.47M | Dec 2022 | PULS vs PJFG | |
| PGIM Jennison Focused Value ETF | Large Cap Value Equities | 87 | 15.15% | 84.25M | Dec 2022 | PULS vs PJFV |
Often Compared With PULS
Investors most often compare PULS with ICSH, MINT, USFR. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PULS with Any Fund or Stock
Compare PULS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PULS with funds that move differently
PGIM Ultra Short Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PULS.
Explore PULS Diversifiers