PSDM vs. BLUI

Last updated Aug 4, 2026

PSDM (PGIM Short Duration Multi-Sector Bond ETF) and BLUI (Bluemonte Diversified Income ETF) are both Multisector Bonds funds. Both are actively managed. Over the past year, PSDM returned 3.97% vs 7.19% for BLUI. Their 0.64 correlation means they have sometimes moved together and sometimes differently. PSDM charges 0.40%/yr vs 0.75%/yr for BLUI.

Performance

PSDM vs. BLUI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Short Duration Multi-Sector Bond ETF (PSDM) and Bluemonte Diversified Income ETF (BLUI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PSDM achieves a 1.61% return, which is significantly lower than BLUI's 4.33% return.

PSDM

• 1D: 0.13%
• 1M: 0.07%
• 6M: 1.26%
• YTD: 1.61%
• 1Y: 3.97%
• 3Y*: 5.70%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.71%

BLUI

• 1D: 0.06%
• 1M: 0.31%
• 6M: 3.19%
• YTD: 4.33%
• 1Y: 7.19%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BLUI Bluemonte Diversified Income ETF	$274.76K	$210.61K	$248.62K
PSDM PGIM Short Duration Multi-Sector Bond ETF	$2.09M	$1.46M	$1.32M

PSDM vs. BLUI - Yearly Performance Comparison

	2026 (YTD)	2025
PSDM PGIM Short Duration Multi-Sector Bond ETF	1.61%	3.50%
BLUI Bluemonte Diversified Income ETF	4.33%	3.60%

Correlation

The correlation between PSDM and BLUI is 0.62, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.62
Correlation (All Time) Calculated using the full available price history since Jun 23, 2025	0.64

The correlation between PSDM and BLUI has been stable across timeframes, ranging from 0.62 to 0.64 - a consistent structural relationship.

Return for Risk

PSDM vs. BLUI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PSDM

PSDM Risk / Return Rank: 90
PSDM Sharpe Ratio Rank: 89
PSDM Sortino Ratio Rank: 92
PSDM Omega Ratio Rank: 92
PSDM Calmar Ratio Rank: 85
PSDM Martin Ratio Rank: 90

BLUI

BLUI Risk / Return Rank: 80
BLUI Sharpe Ratio Rank: 76
BLUI Sortino Ratio Rank: 80
BLUI Omega Ratio Rank: 82
BLUI Calmar Ratio Rank: 77
BLUI Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PSDM vs. BLUI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Short Duration Multi-Sector Bond ETF (PSDM) and Bluemonte Diversified Income ETF (BLUI). 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.

	PSDM	BLUI	Difference
Sharpe ratio: Return per unit of total volatility	2.27	1.90	+0.38
Sortino ratio: Return per unit of downside risk	3.53	2.83	+0.71
Omega ratio: Gain probability vs. loss probability	1.47	1.37	+0.10
Calmar ratio: Return relative to maximum drawdown	3.35	2.97	+0.38
Martin ratio: Return relative to average drawdown	14.69	13.02	+1.66

PSDM vs. BLUI - Sharpe Ratio Comparison

The current PSDM Sharpe Ratio is 2.27, which is comparable to the BLUI Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of PSDM and BLUI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PSDM vs. BLUI - Drawdown Comparison

The maximum PSDM drawdown since its inception was -1.19%, smaller than the maximum BLUI drawdown of -2.43%. Use the drawdown chart below to compare losses from any high point for PSDM and BLUI.

Drawdown Indicators

	PSDM	BLUI	Difference
Max Drawdown Largest peak-to-trough decline	-1.19%	-2.43%	+1.24%
Max Drawdown (1Y) Largest decline over 1 year	-1.19%	-2.43%	+1.24%
Max Drawdown (3Y) Largest decline over 3 years	-1.19%	—	—
Current Drawdown Current decline from peak	-0.05%	-0.14%	+0.09%
Average Drawdown Average peak-to-trough decline	-0.17%	-0.34%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.27%	0.55%	-0.28%

Volatility

PSDM vs. BLUI - Volatility Comparison

The current volatility for PGIM Short Duration Multi-Sector Bond ETF (PSDM) is 0.67%, while Bluemonte Diversified Income ETF (BLUI) has a volatility of 0.92%. This indicates that PSDM experiences smaller price fluctuations and is considered to be less risky than BLUI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PSDM	BLUI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.67%	0.92%	-0.25%
Volatility (6M) Calculated over the trailing 6-month period	1.49%	3.14%	-1.65%
Volatility (1Y) Calculated over the trailing 1-year period	1.75%	3.81%	-2.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.01%	3.84%	-1.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.01%	3.84%	-1.83%

PSDM vs. BLUI - Expense Ratio Comparison

PSDM has a 0.40% expense ratio, which is lower than BLUI's 0.75% expense ratio.

Dividends

PSDM vs. BLUI - Dividend Comparison

PSDM's dividend yield for the trailing twelve months is around 4.81%, less than BLUI's 5.11% yield.

Position	TTM	2025	2024	2023
BLUI Bluemonte Diversified Income ETF	5.11%	2.91%	0.00%	0.00%
PSDM PGIM Short Duration Multi-Sector Bond ETF	4.81%	4.57%	5.17%	2.91%

Frequently Asked Questions

Can I hold both PSDM and BLUI in my portfolio?

PSDM and BLUI have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PSDM or BLUI?

BLUI has higher volatility (0.92%) compared to PSDM (0.67%). In terms of maximum drawdown, PSDM dropped -1.19% vs BLUI's -2.43%.

Which ETF is better, PSDM or BLUI?

On 1-year performance, BLUI leads with 7.19% vs 3.97% for PSDM. On fees, PSDM is cheaper at 0.40% per year. On volatility, PSDM has been the lower-risk option at 0.67%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PSDM or BLUI?

Over the 1-year period, BLUI has performed better with a 7.19% return vs 3.97%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PSDM or BLUI?

PSDM is cheaper with a 0.40% expense ratio, compared with 0.75% for BLUI.

Which ETF pays a higher dividend yield, PSDM or BLUI?

BLUI has the higher dividend yield at 5.11%, compared with 4.81% for PSDM.

What is the main difference between PSDM and BLUI?

They also come from different issuers: PGIM and Bluemonte. Their fees differ too: 0.40% for PSDM and 0.75% for BLUI.

Which has better risk-adjusted returns?

PSDM currently has the higher Sharpe Ratio (2.27 vs 1.90), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.