PLDR vs. PULT
PLDR (Putnam Sustainable Leaders ETF) and PULT (Putnam ESG Ultra Short ETF) are both exchange-traded funds - PLDR is a Sustainable fund actively managed by Putnam, while PULT is a Ultrashort Bond fund actively managed by Putnam. Both are actively managed. Their 0.06 correlation means their historical movements had little consistent relationship. PLDR charges 0.59%/yr vs 0.25%/yr for PULT.
Performance
PLDR vs. PULT - Performance Comparison
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Returns By Period
PLDR
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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- ALL TIME*
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PULT
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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- ALL TIME*
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PLDR vs. PULT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 1.69% | 12.03% | 23.47% | 25.36% |
PULT Putnam ESG Ultra Short ETF | 1.23% | 5.08% | 5.93% | 5.47% |
Correlation
The correlation between PLDR and PULT is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (All Time) Calculated using the full available price history since Jan 20, 2023 | 0.06 |
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Return for Risk
PLDR vs. PULT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Sustainable Leaders ETF (PLDR) and Putnam ESG Ultra Short ETF (PULT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
PLDR vs. PULT - Drawdown Comparison
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Volatility
PLDR vs. PULT - Volatility Comparison
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PLDR vs. PULT - Expense Ratio Comparison
PLDR has a 0.59% expense ratio, which is higher than PULT's 0.25% expense ratio.
Dividends
PLDR vs. PULT - Dividend Comparison
Neither PLDR nor PULT has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
PLDR Putnam Sustainable Leaders ETF | 0.37% | 0.37% | 0.38% | 0.56% | 0.63% | 0.39% |
PULT Putnam ESG Ultra Short ETF | 3.89% | 4.59% | 5.38% | 4.88% | 0.00% | 0.00% |
Frequently Asked Questions
PLDR and PULT have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PULT is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PULT is cheaper with a 0.25% expense ratio, compared with 0.59% for PLDR.
PULT has the higher dividend yield at 3.89%, compared with 0.37% for PLDR.
PLDR is categorized as Sustainable, while PULT is Ultrashort Bond. Their fees differ too: 0.59% for PLDR and 0.25% for PULT.
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