AKRE vs. PULT

Last updated Jun 23, 2026

AKRE (Akre Focus ETF) and PULT (Putnam ESG Ultra Short ETF) are both exchange-traded funds - AKRE is a Large Cap Growth Equities fund actively managed by Akre Capital, while PULT is a Ultrashort Bond fund actively managed by Putnam. Both are actively managed. At a correlation of -0.06, they often move in opposite directions. AKRE charges 0.98%/yr vs 0.25%/yr for PULT.

Performance

AKRE vs. PULT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Akre Focus ETF (AKRE) and Putnam ESG Ultra Short ETF (PULT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AKRE achieves a -20.09% return, which is significantly lower than PULT's 1.23% return.

AKRE

• 1D: -1.51%
• 1M: -3.79%
• YTD: -20.09%
• 6M: -20.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PULT

• 1D: 0.00%
• 1M: 0.12%
• YTD: 1.23%
• 6M: 1.38%
• 1Y: 3.98%
• 3Y*: 5.32%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AKRE vs. PULT - Yearly Performance Comparison

	2026 (YTD)	2025
AKRE Akre Focus ETF	-20.09%	-3.06%
PULT Putnam ESG Ultra Short ETF	1.23%	0.99%

Correlation

The correlation between AKRE and PULT is -0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	-0.06

Return for Risk

AKRE vs. PULT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AKRE

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PULT

PULT Risk / Return Rank: 98
PULT Sharpe Ratio Rank: 98
PULT Sortino Ratio Rank: 99
PULT Omega Ratio Rank: 99
PULT Calmar Ratio Rank: 97
PULT Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AKRE vs. PULT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Akre Focus ETF (AKRE) and Putnam ESG Ultra Short ETF (PULT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AKRE	PULT	Difference
Sharpe ratio: Return per unit of total volatility	—	5.45	—
Sortino ratio: Return per unit of downside risk	—	9.72	—
Omega ratio: Gain probability vs. loss probability	—	2.96	—
Calmar ratio: Return relative to maximum drawdown	—	9.67	—
Martin ratio: Return relative to average drawdown	—	70.25	—

Drawdowns

AKRE vs. PULT - Drawdown Comparison

The maximum AKRE drawdown since its inception was -24.18%, which is greater than PULT's maximum drawdown of -0.43%. Use the drawdown chart below to compare losses from any high point for AKRE and PULT.

Drawdown Indicators

	AKRE	PULT	Difference
Max Drawdown Largest peak-to-trough decline	-24.18%	-0.43%	-23.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.43%	—
Current Drawdown Current decline from peak	-22.67%	-0.29%	-22.38%
Average Drawdown Average peak-to-trough decline	-13.43%	-0.02%	-13.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.06%	—

Volatility

Volatility by Period

	AKRE	PULT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.64%	0.77%	+19.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.64%	0.64%	+20.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	0.64%	+20.00%

AKRE vs. PULT - Expense Ratio Comparison

AKRE has a 0.98% expense ratio, which is higher than PULT's 0.25% expense ratio.

Dividends

AKRE vs. PULT - Dividend Comparison

AKRE has not paid dividends to shareholders, while PULT's dividend yield for the trailing twelve months is around 4.25%.

Position	TTM	2025	2024	2023
AKRE Akre Focus ETF	0.00%	0.00%	0.00%	0.00%
PULT Putnam ESG Ultra Short ETF	4.25%	4.59%	5.38%	4.88%

Frequently Asked Questions

Can I hold both AKRE and PULT in my portfolio?

AKRE and PULT have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AKRE or PULT?

On fees, PULT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AKRE or PULT?

PULT is cheaper with a 0.25% expense ratio, compared with 0.98% for AKRE.

Which ETF pays a higher dividend yield, AKRE or PULT?

PULT has the higher dividend yield at 4.25%, compared with 0.00% for AKRE.

What is the main difference between AKRE and PULT?

AKRE is categorized as Large Cap Growth Equities, while PULT is Ultrashort Bond. They also come from different issuers: Akre Capital and Putnam. Their fees differ too: 0.98% for AKRE and 0.25% for PULT.