PULS vs. MINT
Compare and contrast key facts about PGIM Ultra Short Bond ETF (PULS) and PIMCO Enhanced Short Maturity Strategy Fund (MINT).
PULS and MINT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PULS is an actively managed fund by Prudential. It was launched on Apr 5, 2018. MINT is an actively managed fund by PIMCO. It was launched on Nov 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PULS or MINT.
Performance
PULS vs. MINT - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with PULS having a 5.47% return and MINT slightly lower at 5.33%.
PULS
5.47%
0.39%
2.89%
6.35%
3.10%
N/A
MINT
5.33%
0.45%
2.75%
5.98%
2.45%
2.13%
Key characteristics
PULS | MINT | |
---|---|---|
Sharpe Ratio | 12.22 | 13.58 |
Sortino Ratio | 30.20 | 32.53 |
Omega Ratio | 7.88 | 9.75 |
Calmar Ratio | 63.77 | 46.24 |
Martin Ratio | 393.30 | 507.79 |
Ulcer Index | 0.02% | 0.01% |
Daily Std Dev | 0.53% | 0.44% |
Max Drawdown | -5.85% | -4.62% |
Current Drawdown | 0.00% | 0.00% |
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PULS vs. MINT - Expense Ratio Comparison
PULS has a 0.15% expense ratio, which is lower than MINT's 0.36% expense ratio.
Correlation
The correlation between PULS and MINT is 0.32, 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.
Risk-Adjusted Performance
PULS vs. MINT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Ultra Short Bond ETF (PULS) and PIMCO Enhanced Short Maturity Strategy Fund (MINT). 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
PULS vs. MINT - Dividend Comparison
PULS's dividend yield for the trailing twelve months is around 5.69%, more than MINT's 5.31% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PGIM Ultra Short Bond ETF | 5.69% | 5.48% | 2.30% | 1.19% | 1.85% | 2.92% | 1.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PIMCO Enhanced Short Maturity Strategy Fund | 5.31% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% | 0.80% | 0.88% |
Drawdowns
PULS vs. MINT - Drawdown Comparison
The maximum PULS drawdown since its inception was -5.85%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for PULS and MINT. For additional features, visit the drawdowns tool.
Volatility
PULS vs. MINT - Volatility Comparison
PGIM Ultra Short Bond ETF (PULS) has a higher volatility of 0.12% compared to PIMCO Enhanced Short Maturity Strategy Fund (MINT) at 0.10%. This indicates that PULS's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.