PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
GBIL vs. PULS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

GBIL vs. PULS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) and PGIM Ultra Short Bond ETF (PULS). The values are adjusted to include any dividend payments, if applicable.

12.00%14.00%16.00%18.00%20.00%22.00%JuneJulyAugustSeptemberOctoberNovember
15.86%
21.73%
GBIL
PULS

Returns By Period

In the year-to-date period, GBIL achieves a 4.54% return, which is significantly lower than PULS's 5.43% return.


GBIL

YTD

4.54%

1M

0.35%

6M

2.61%

1Y

5.25%

5Y (annualized)

2.26%

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


GBILPULS
Sharpe Ratio4.7512.31
Sortino Ratio6.8230.35
Omega Ratio6.647.80
Calmar Ratio7.0064.41
Martin Ratio29.80396.09
Ulcer Index0.18%0.02%
Daily Std Dev1.11%0.53%
Max Drawdown-0.76%-5.85%
Current Drawdown0.00%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


GBIL vs. PULS - Expense Ratio Comparison

GBIL has a 0.12% expense ratio, which is lower than PULS's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PULS
PGIM Ultra Short Bond ETF
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%
Expense ratio chart for GBIL: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.00.2

The correlation between GBIL and PULS is 0.21, 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

GBIL vs. PULS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) 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 GBIL, currently valued at 4.75, compared to the broader market0.002.004.006.004.7512.31
The chart of Sortino ratio for GBIL, currently valued at 6.82, compared to the broader market-2.000.002.004.006.008.0010.0012.006.8230.35
The chart of Omega ratio for GBIL, currently valued at 6.64, compared to the broader market0.501.001.502.002.503.006.647.80
The chart of Calmar ratio for GBIL, currently valued at 7.00, compared to the broader market0.005.0010.0015.007.0064.41
The chart of Martin ratio for GBIL, currently valued at 29.80, compared to the broader market0.0020.0040.0060.0080.00100.0029.80396.09
GBIL
PULS

The current GBIL Sharpe Ratio is 4.75, which is lower than the PULS Sharpe Ratio of 12.31. The chart below compares the historical Sharpe Ratios of GBIL 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 Ratio4.006.008.0010.0012.00JuneJulyAugustSeptemberOctoberNovember
4.75
12.31
GBIL
PULS

Dividends

GBIL vs. PULS - Dividend Comparison

GBIL's dividend yield for the trailing twelve months is around 5.09%, less than PULS's 5.70% yield.


TTM20232022202120202019201820172016
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
5.09%4.77%1.37%0.00%0.81%2.20%1.70%0.74%0.11%
PULS
PGIM Ultra Short Bond ETF
5.70%5.48%2.30%1.19%1.85%2.92%1.87%0.00%0.00%

Drawdowns

GBIL vs. PULS - Drawdown Comparison

The maximum GBIL drawdown since its inception was -0.76%, smaller than the maximum PULS drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for GBIL and PULS. For additional features, visit the drawdowns tool.


-0.10%-0.08%-0.06%-0.04%-0.02%0.00%JuneJulyAugustSeptemberOctoberNovember00
GBIL
PULS

Volatility

GBIL vs. PULS - Volatility Comparison

The current volatility for Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) is 0.07%, while PGIM Ultra Short Bond ETF (PULS) has a volatility of 0.13%. This indicates that GBIL experiences smaller price fluctuations and is considered to be less risky 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%JuneJulyAugustSeptemberOctoberNovember
0.07%
0.13%
GBIL
PULS