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

Correlation

The correlation between ICSH and PULS is 0.30, 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

ICSH vs. PULS - Performance Comparison

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

0.00%0.50%1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.85%
2.91%
ICSH
PULS

Key characteristics

Sharpe Ratio

ICSH:

13.03

PULS:

12.16

Sortino Ratio

ICSH:

32.80

PULS:

29.21

Omega Ratio

ICSH:

7.55

PULS:

7.77

Calmar Ratio

ICSH:

67.39

PULS:

61.34

Martin Ratio

ICSH:

462.57

PULS:

378.16

Ulcer Index

ICSH:

0.01%

PULS:

0.02%

Daily Std Dev

ICSH:

0.43%

PULS:

0.51%

Max Drawdown

ICSH:

-3.94%

PULS:

-5.85%

Current Drawdown

ICSH:

-0.02%

PULS:

-0.02%

Returns By Period

In the year-to-date period, ICSH achieves a 5.38% return, which is significantly lower than PULS's 5.91% return.


ICSH

YTD

5.38%

1M

0.41%

6M

2.85%

1Y

5.59%

5Y*

2.73%

10Y*

2.45%

PULS

YTD

5.91%

1M

0.42%

6M

2.91%

1Y

6.10%

5Y*

3.14%

10Y*

N/A

Compare stocks, funds, or ETFs

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


ICSH vs. PULS - Expense Ratio Comparison

ICSH has a 0.08% 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 ICSH: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

ICSH vs. PULS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Ultra Short-Term Bond ETF (ICSH) 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 ICSH, currently valued at 13.03, compared to the broader market0.002.004.0013.0312.16
The chart of Sortino ratio for ICSH, currently valued at 32.80, compared to the broader market-2.000.002.004.006.008.0010.0032.8029.21
The chart of Omega ratio for ICSH, currently valued at 7.55, compared to the broader market0.501.001.502.002.503.007.557.77
The chart of Calmar ratio for ICSH, currently valued at 67.39, compared to the broader market0.005.0010.0015.0067.3961.34
The chart of Martin ratio for ICSH, currently valued at 462.57, compared to the broader market0.0020.0040.0060.0080.00100.00462.57378.16
ICSH
PULS

The current ICSH Sharpe Ratio is 13.03, which is comparable to the PULS Sharpe Ratio of 12.16. The chart below compares the historical Sharpe Ratios of ICSH 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 Ratio12.0012.5013.0013.5014.0014.50JulyAugustSeptemberOctoberNovemberDecember
13.03
12.16
ICSH
PULS

Dividends

ICSH vs. PULS - Dividend Comparison

ICSH's dividend yield for the trailing twelve months is around 5.25%, less than PULS's 5.63% yield.


TTM2023202220212020201920182017201620152014
ICSH
iShares Ultra Short-Term Bond ETF
5.25%4.78%1.66%0.42%1.22%2.60%2.19%1.36%0.88%0.54%0.46%
PULS
PGIM Ultra Short Bond ETF
5.63%5.48%2.30%1.19%1.85%2.92%1.87%0.00%0.00%0.00%0.00%

Drawdowns

ICSH vs. PULS - Drawdown Comparison

The maximum ICSH drawdown since its inception was -3.94%, smaller than the maximum PULS drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for ICSH and PULS. For additional features, visit the drawdowns tool.


-0.10%-0.08%-0.06%-0.04%-0.02%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.02%
-0.02%
ICSH
PULS

Volatility

ICSH vs. PULS - Volatility Comparison

iShares Ultra Short-Term Bond ETF (ICSH) has a higher volatility of 0.17% compared to PGIM Ultra Short Bond ETF (PULS) at 0.11%. This indicates that ICSH'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.


0.10%0.12%0.14%0.16%0.18%0.20%0.22%JulyAugustSeptemberOctoberNovemberDecember
0.17%
0.11%
ICSH
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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