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

Correlation

The correlation between PULS and GBIL is 0.21, 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.


-0.50.00.51.00.2

Performance

PULS vs. GBIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Ultra Short Bond ETF (PULS) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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
2.91%
2.59%
PULS
GBIL

Key characteristics

Sharpe Ratio

PULS:

12.16

GBIL:

4.68

Sortino Ratio

PULS:

29.12

GBIL:

6.70

Omega Ratio

PULS:

7.75

GBIL:

6.60

Calmar Ratio

PULS:

61.13

GBIL:

6.88

Martin Ratio

PULS:

376.83

GBIL:

29.28

Ulcer Index

PULS:

0.02%

GBIL:

0.18%

Daily Std Dev

PULS:

0.51%

GBIL:

1.11%

Max Drawdown

PULS:

-5.85%

GBIL:

-0.76%

Current Drawdown

PULS:

0.00%

GBIL:

0.00%

Returns By Period

In the year-to-date period, PULS achieves a 5.98% return, which is significantly higher than GBIL's 5.03% return.


PULS

YTD

5.98%

1M

0.48%

6M

2.91%

1Y

6.15%

5Y*

3.15%

10Y*

N/A

GBIL

YTD

5.03%

1M

0.43%

6M

2.60%

1Y

5.14%

5Y*

2.33%

10Y*

N/A

Compare stocks, funds, or ETFs

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PULS vs. GBIL - Expense Ratio Comparison

PULS has a 0.15% expense ratio, which is higher than GBIL's 0.12% expense ratio. However, 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 GBIL: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

PULS vs. GBIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Ultra Short Bond ETF (PULS) and Goldman Sachs Access Treasury 0-1 Year ETF (GBIL). 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 PULS, currently valued at 12.16, compared to the broader market0.002.004.0012.164.68
The chart of Sortino ratio for PULS, currently valued at 29.12, compared to the broader market-2.000.002.004.006.008.0010.0029.126.70
The chart of Omega ratio for PULS, currently valued at 7.75, compared to the broader market0.501.001.502.002.503.007.756.60
The chart of Calmar ratio for PULS, currently valued at 61.13, compared to the broader market0.005.0010.0015.0061.136.88
The chart of Martin ratio for PULS, currently valued at 376.83, compared to the broader market0.0020.0040.0060.0080.00100.00376.8329.28
PULS
GBIL

The current PULS Sharpe Ratio is 12.16, which is higher than the GBIL Sharpe Ratio of 4.68. The chart below compares the historical Sharpe Ratios of PULS and GBIL, 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 Ratio4.006.008.0010.0012.00JulyAugustSeptemberOctoberNovemberDecember
12.16
4.68
PULS
GBIL

Dividends

PULS vs. GBIL - Dividend Comparison

PULS's dividend yield for the trailing twelve months is around 5.62%, more than GBIL's 4.99% yield.


TTM20232022202120202019201820172016
PULS
PGIM Ultra Short Bond ETF
5.62%5.48%2.30%1.19%1.85%2.92%1.87%0.00%0.00%
GBIL
Goldman Sachs Access Treasury 0-1 Year ETF
4.99%4.77%1.37%0.00%0.81%2.20%1.70%0.74%0.11%

Drawdowns

PULS vs. GBIL - Drawdown Comparison

The maximum PULS drawdown since its inception was -5.85%, which is greater than GBIL's maximum drawdown of -0.76%. Use the drawdown chart below to compare losses from any high point for PULS and GBIL. For additional features, visit the drawdowns tool.


-0.10%-0.08%-0.06%-0.04%-0.02%0.00%JulyAugustSeptemberOctoberNovemberDecember00
PULS
GBIL

Volatility

PULS vs. GBIL - Volatility Comparison

PGIM Ultra Short Bond ETF (PULS) has a higher volatility of 0.12% compared to Goldman Sachs Access Treasury 0-1 Year ETF (GBIL) at 0.07%. This indicates that PULS's price experiences larger fluctuations and is considered to be riskier than GBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.05%0.10%0.15%0.20%JulyAugustSeptemberOctoberNovemberDecember
0.12%
0.07%
PULS
GBIL
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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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