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EMNT vs. PULS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

EMNT vs. PULS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) and PGIM Ultra Short Bond ETF (PULS). The values are adjusted to include any dividend payments, if applicable.

10.00%11.00%12.00%13.00%14.00%15.00%16.00%JuneJulyAugustSeptemberOctoberNovember
13.54%
16.22%
EMNT
PULS

Returns By Period

In the year-to-date period, EMNT achieves a 5.16% return, which is significantly lower than PULS's 5.43% return.


EMNT

YTD

5.16%

1M

0.30%

6M

2.78%

1Y

6.03%

5Y (annualized)

N/A

10Y (annualized)

N/A

PULS

YTD

5.43%

1M

0.41%

6M

2.91%

1Y

6.46%

5Y (annualized)

3.09%

10Y (annualized)

N/A

Key characteristics


EMNTPULS
Sharpe Ratio5.0312.31
Sortino Ratio7.8030.35
Omega Ratio4.527.80
Calmar Ratio8.2964.41
Martin Ratio124.81396.09
Ulcer Index0.05%0.02%
Daily Std Dev1.20%0.53%
Max Drawdown-2.28%-5.85%
Current Drawdown0.00%0.00%

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EMNT vs. PULS - Expense Ratio Comparison

EMNT has a 0.27% expense ratio, which is higher than PULS's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


EMNT
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
Expense ratio chart for EMNT: current value at 0.27% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.27%
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%

Correlation

-0.50.00.51.00.4

The correlation between EMNT and PULS is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

EMNT vs. PULS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) and PGIM Ultra Short Bond ETF (PULS). 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.


Sharpe ratio
The chart of Sharpe ratio for EMNT, currently valued at 5.03, compared to the broader market0.002.004.006.005.0312.31
The chart of Sortino ratio for EMNT, currently valued at 7.80, compared to the broader market-2.000.002.004.006.008.0010.0012.007.8030.35
The chart of Omega ratio for EMNT, currently valued at 4.52, compared to the broader market0.501.001.502.002.503.004.527.80
The chart of Calmar ratio for EMNT, currently valued at 8.29, compared to the broader market0.005.0010.0015.008.2964.41
The chart of Martin ratio for EMNT, currently valued at 124.81, compared to the broader market0.0020.0040.0060.0080.00100.00120.00124.81396.09
EMNT
PULS

The current EMNT Sharpe Ratio is 5.03, which is lower than the PULS Sharpe Ratio of 12.31. The chart below compares the historical Sharpe Ratios of EMNT and PULS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio6.008.0010.0012.00JuneJulyAugustSeptemberOctoberNovember
5.03
12.31
EMNT
PULS

Dividends

EMNT vs. PULS - Dividend Comparison

EMNT's dividend yield for the trailing twelve months is around 5.17%, less than PULS's 5.70% yield.


TTM202320222021202020192018
EMNT
PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund
5.17%4.62%2.79%0.83%1.44%0.13%0.00%
PULS
PGIM Ultra Short Bond ETF
5.70%5.48%2.30%1.19%1.85%2.92%1.87%

Drawdowns

EMNT vs. PULS - Drawdown Comparison

The maximum EMNT drawdown since its inception was -2.28%, smaller than the maximum PULS drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for EMNT and PULS. For additional features, visit the drawdowns tool.


-0.15%-0.10%-0.05%0.00%JuneJulyAugustSeptemberOctoberNovember00
EMNT
PULS

Volatility

EMNT vs. PULS - Volatility Comparison

PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund (EMNT) has a higher volatility of 0.20% compared to PGIM Ultra Short Bond ETF (PULS) at 0.13%. This indicates that EMNT's price experiences larger fluctuations and is considered to be riskier than PULS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.05%0.10%0.15%0.20%0.25%0.30%JuneJulyAugustSeptemberOctoberNovember
0.20%
0.13%
EMNT
PULS