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

Correlation

The correlation between GTO and PULS is 0.28, 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.


-0.50.00.51.00.3

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.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
1.50%
2.91%
GTO
PULS

Key characteristics

Sharpe Ratio

GTO:

0.63

PULS:

12.16

Sortino Ratio

GTO:

0.93

PULS:

29.21

Omega Ratio

GTO:

1.11

PULS:

7.77

Calmar Ratio

GTO:

0.24

PULS:

61.34

Martin Ratio

GTO:

2.05

PULS:

378.16

Ulcer Index

GTO:

1.56%

PULS:

0.02%

Daily Std Dev

GTO:

5.05%

PULS:

0.51%

Max Drawdown

GTO:

-20.61%

PULS:

-5.85%

Current Drawdown

GTO:

-8.95%

PULS:

-0.02%

Returns By Period

In the year-to-date period, GTO achieves a 2.48% return, which is significantly lower than PULS's 5.91% return.


GTO

YTD

2.48%

1M

-0.56%

6M

1.50%

1Y

2.87%

5Y*

0.47%

10Y*

N/A

PULS

YTD

5.91%

1M

0.42%

6M

2.91%

1Y

6.10%

5Y*

3.14%

10Y*

N/A

Compare stocks, funds, or ETFs

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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.


GTO
Invesco Total Return Bond ETF
Expense ratio chart for GTO: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%
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%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for GTO, currently valued at 0.63, compared to the broader market0.002.004.000.6312.16
The chart of Sortino ratio for GTO, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.0010.000.9329.21
The chart of Omega ratio for GTO, currently valued at 1.11, compared to the broader market0.501.001.502.002.503.001.117.77
The chart of Calmar ratio for GTO, currently valued at 0.24, compared to the broader market0.005.0010.0015.000.2461.34
The chart of Martin ratio for GTO, currently valued at 2.05, compared to the broader market0.0020.0040.0060.0080.00100.002.05378.16
GTO
PULS

The current GTO Sharpe Ratio is 0.63, which is lower than the PULS Sharpe Ratio of 12.16. 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.


Rolling 12-month Sharpe Ratio0.002.004.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
0.63
12.16
GTO
PULS

Dividends

GTO vs. PULS - Dividend Comparison

GTO's dividend yield for the trailing twelve months is around 4.04%, less than PULS's 5.63% yield.


TTM20232022202120202019201820172016
GTO
Invesco Total Return Bond ETF
4.04%4.05%3.47%1.93%4.04%2.97%5.25%2.81%2.84%
PULS
PGIM Ultra Short Bond ETF
5.63%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.95%
-0.02%
GTO
PULS

Volatility

GTO vs. PULS - Volatility Comparison

Invesco Total Return Bond ETF (GTO) has a higher volatility of 1.43% compared to PGIM Ultra Short Bond ETF (PULS) at 0.11%. 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.


0.00%0.50%1.00%1.50%JulyAugustSeptemberOctoberNovemberDecember
1.43%
0.11%
GTO
PULS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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