PULT vs. SGOV
Compare and contrast key facts about Putnam ESG Ultra Short ETF (PULT) and iShares 0-3 Month Treasury Bond ETF (SGOV).
PULT and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PULT is an actively managed fund by Putnam. It was launched on Jan 19, 2023. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PULT or SGOV.
Correlation
The correlation between PULT and SGOV is 0.03, 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
PULT vs. SGOV - Performance Comparison
Key characteristics
PULT:
12.01
SGOV:
22.08
PULT:
37.85
SGOV:
500.74
PULT:
8.10
SGOV:
501.74
PULT:
74.78
SGOV:
513.36
PULT:
443.98
SGOV:
8,149.35
PULT:
0.01%
SGOV:
0.00%
PULT:
0.49%
SGOV:
0.23%
PULT:
-0.33%
SGOV:
-0.03%
PULT:
-0.03%
SGOV:
0.00%
Returns By Period
In the year-to-date period, PULT achieves a 0.82% return, which is significantly higher than SGOV's 0.69% return.
PULT
0.82%
0.42%
2.51%
5.86%
N/A
N/A
SGOV
0.69%
0.35%
2.33%
5.04%
N/A
N/A
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PULT vs. SGOV - Expense Ratio Comparison
PULT has a 0.25% expense ratio, which is higher than SGOV's 0.03% 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%.
Risk-Adjusted Performance
PULT vs. SGOV — Risk-Adjusted Performance Rank
PULT
SGOV
PULT vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam ESG Ultra Short ETF (PULT) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
PULT vs. SGOV - Dividend Comparison
PULT's dividend yield for the trailing twelve months is around 5.27%, more than SGOV's 4.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
PULT Putnam ESG Ultra Short ETF | 5.27% | 5.38% | 4.88% | 0.00% | 0.00% | 0.00% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.58% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% |
Drawdowns
PULT vs. SGOV - Drawdown Comparison
The maximum PULT drawdown since its inception was -0.33%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for PULT and SGOV. For additional features, visit the drawdowns tool.
Volatility
PULT vs. SGOV - Volatility Comparison
Putnam ESG Ultra Short ETF (PULT) has a higher volatility of 0.18% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that PULT's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.