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

Correlation

The correlation between GTO and PULS is 0.07, 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.


Performance

GTO vs. PULS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Total Return Bond ETF (GTO) and PGIM Ultra Short Bond ETF (PULS). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GTO:

0.91

PULS:

9.69

Sortino Ratio

GTO:

1.29

PULS:

19.45

Omega Ratio

GTO:

1.16

PULS:

5.32

Calmar Ratio

GTO:

0.36

PULS:

15.89

Martin Ratio

GTO:

2.19

PULS:

109.33

Ulcer Index

GTO:

2.02%

PULS:

0.05%

Daily Std Dev

GTO:

4.97%

PULS:

0.56%

Max Drawdown

GTO:

-20.61%

PULS:

-5.85%

Current Drawdown

GTO:

-7.71%

PULS:

0.00%

Returns By Period

In the year-to-date period, GTO achieves a 1.22% return, which is significantly lower than PULS's 1.57% return.


GTO

YTD

1.22%

1M

1.05%

6M

0.22%

1Y

4.70%

5Y*

0.38%

10Y*

N/A

PULS

YTD

1.57%

1M

0.72%

6M

2.31%

1Y

5.41%

5Y*

3.61%

10Y*

N/A

*Annualized

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GTO vs. PULS - Expense Ratio Comparison

GTO has a 0.50% expense ratio, which is higher than PULS's 0.15% expense ratio.


Risk-Adjusted Performance

GTO vs. PULS — Risk-Adjusted Performance Rank

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

GTO
The Risk-Adjusted Performance Rank of GTO is 7070
Overall Rank
The Sharpe Ratio Rank of GTO is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of GTO is 7878
Sortino Ratio Rank
The Omega Ratio Rank of GTO is 7373
Omega Ratio Rank
The Calmar Ratio Rank of GTO is 5151
Calmar Ratio Rank
The Martin Ratio Rank of GTO is 6666
Martin Ratio Rank

PULS
The Risk-Adjusted Performance Rank of PULS is 9999
Overall Rank
The Sharpe Ratio Rank of PULS is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of PULS is 9999
Sortino Ratio Rank
The Omega Ratio Rank of PULS is 9999
Omega Ratio Rank
The Calmar Ratio Rank of PULS is 9999
Calmar Ratio Rank
The Martin Ratio Rank of PULS is 9999
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GTO vs. PULS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Total Return Bond ETF (GTO) 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.


The current GTO Sharpe Ratio is 0.91, which is lower than the PULS Sharpe Ratio of 9.69. The chart below compares the historical Sharpe Ratios of GTO 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.


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Dividends

GTO vs. PULS - Dividend Comparison

GTO's dividend yield for the trailing twelve months is around 4.48%, less than PULS's 5.29% yield.


TTM202420232022202120202019201820172016
GTO
Invesco Total Return Bond ETF
4.48%4.42%4.05%3.47%1.93%4.04%2.97%5.25%2.81%2.84%
PULS
PGIM Ultra Short Bond ETF
5.29%5.62%5.48%2.30%1.19%1.85%2.92%1.87%0.00%0.00%

Drawdowns

GTO vs. PULS - Drawdown Comparison

The maximum GTO drawdown since its inception was -20.61%, which is greater than PULS's maximum drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for GTO and PULS. For additional features, visit the drawdowns tool.


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Volatility

GTO vs. PULS - Volatility Comparison

Invesco Total Return Bond ETF (GTO) has a higher volatility of 1.69% compared to PGIM Ultra Short Bond ETF (PULS) at 0.22%. This indicates that GTO'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.


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