LMBS vs. PULS
Compare and contrast key facts about First Trust Low Duration Mortgage Opportunities ETF (LMBS) and PGIM Ultra Short Bond ETF (PULS).
LMBS and PULS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LMBS is an actively managed fund by First Trust. It was launched on Nov 4, 2014. PULS is an actively managed fund by Prudential. It was launched on Apr 5, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMBS or PULS.
Key characteristics
| LMBS | PULS | |
|---|---|---|
| YTD Return | 1.24% | 2.45% |
| 1Y Return | 4.97% | 6.71% |
| 3Y Return (Ann) | 1.05% | 3.45% |
| 5Y Return (Ann) | 1.42% | 2.80% |
| Sharpe Ratio | 1.64 | 12.08 |
| Daily Std Dev | 2.92% | 0.56% |
| Max Drawdown | -6.49% | -5.85% |
| Current Drawdown | -0.25% | 0.00% |
Correlation
The correlation between LMBS and PULS is 0.19, 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
LMBS vs. PULS - Performance Comparison
In the year-to-date period, LMBS achieves a 1.24% return, which is significantly lower than PULS's 2.45% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LMBS vs. PULS - Expense Ratio Comparison
LMBS has a 0.68% expense ratio, which is higher than PULS's 0.15% expense ratio.
Risk-Adjusted Performance
LMBS vs. PULS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) 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.
Dividends
LMBS vs. PULS - Dividend Comparison
LMBS's dividend yield for the trailing twelve months is around 4.35%, less than PULS's 5.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.35% | 3.96% | 2.22% | 2.04% | 2.27% | 2.50% | 2.76% | 2.73% | 2.84% | 3.03% | 0.37% |
PULS PGIM Ultra Short Bond ETF | 5.68% | 5.48% | 2.30% | 1.19% | 1.85% | 2.92% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LMBS vs. PULS - Drawdown Comparison
The maximum LMBS drawdown since its inception was -6.49%, which is greater than PULS's maximum drawdown of -5.85%. Use the drawdown chart below to compare losses from any high point for LMBS and PULS. For additional features, visit the drawdowns tool.
Volatility
LMBS vs. PULS - Volatility Comparison
First Trust Low Duration Mortgage Opportunities ETF (LMBS) has a higher volatility of 0.67% compared to PGIM Ultra Short Bond ETF (PULS) at 0.12%. This indicates that LMBS'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.