Putnam ESG Ultra Short ETF (PULT) 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 PULT. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PULT
PULT charges 0.25% annually. There are 50 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | PULT vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | PULT vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | PULT vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | PULT vs TRSY | |
| Vanguard Ultra-Short Treasury ETF | 0.07% | 991.30M | Feb 2025 | PULT vs VGUS |
Best Risk-Adjusted Alternatives to PULT
PULT has a PortfoliosLab risk / return rank of 98. There are 51 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 | 95.28B | May 2020 | PULT vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | PULT vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | PULT vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | PULT vs BILZ | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | PULT vs VBIL |
Top Performing PULT Alternatives (YTD)
PULT is at 1.23% YTD. There are 63 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 4.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 4.97% | 14.84M | Sep 2021 | PULT vs CUSD | |
| American Century Multisector Floating Income ETF | 2.74% | 22.70M | Mar 2023 | PULT vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.39% | 1.34B | Aug 2022 | PULT vs CSHI | |
| VanEck IG Floating Rate ETF | 2.19% | 2.81B | Apr 2011 | PULT vs FLTR | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | PULT vs BUCK |
Lowest Volatility Alternatives to PULT
PULT has 0.77% 1-year volatility. There are 51 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 95.28B | May 2020 | PULT vs SGOV | |
| Invesco Short Term Treasury ETF | 0.19% | 2.58B | Jan 2017 | PULT vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | PULT vs BIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | PULT vs SHV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.09B | Jun 2023 | PULT vs BILZ |
Lowest Drawdown Alternatives to PULT
PULT has a 1-year max drawdown of -0.43%. There are 54 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | PULT vs BIL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | PULT vs VBIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 95.28B | May 2020 | PULT vs SGOV | |
| Invesco Short Term Treasury ETF | -0.01% | 2.58B | Jan 2017 | PULT vs TBLL | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.61B | Feb 2014 | PULT vs TFLO |
Other ETFs from Putnam
The 6 most viewed Putnam ETFs shown here include PVAL, PEMX, PPEM and span 5 categories. AUM among these funds goes as high as $12B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Focused Large Cap Value ETF | Large Cap Value Equities | 87 | 12.96% | 11.74B | May 2021 | PULT vs PVAL | |
| Putnam Emerging Markets Ex-China ETF | Emerging Markets Diversified | 87 | 38.87% | 34.67M | May 2023 | PULT vs PEMX | |
| Putnam Panagora ESG Emerging Markets Equity ETF - | Emerging Markets Diversified | 83 | 31.88% | 1.76M | Jan 2023 | PULT vs PPEM | |
| Putnam ESG High Yield ETF - | High Yield Bonds | 81 | 2.32% | 7.62M | Jan 2023 | PULT vs PHYD | |
| Putnam ESG Core Bond ETF - | Intermediate Core Bond | 33 | -0.48% | 6.88M | Jan 2023 | PULT vs PCRB | |
| Putnam Panagora ESG International Equity ETF - | Foreign Large Cap Equities | 39 | 8.31% | 3.51M | Jan 2023 | PULT vs PPIE |
Often Compared With PULT
Investors most often compare PULT with SDCP, PYLD, NUSB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PULT with Any Fund or Stock
Compare PULT with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PULT with funds that move differently
Putnam ESG Ultra Short ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PULT.
Explore PULT Diversifiers