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MEAR vs PULS

iShares Short Maturity Municipal Bond Active ETF vs PGIM Ultra Short Bond ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

PULS

PGIM Ultra Short Bond ETF

Annual cost

0.15%

Fund size

$15.7B

Key differences

  • PULS costs 0.11% less per year.
  • PULS is significantly larger than MEAR — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, PULS has delivered higher annualized returns.

Side-by-side comparison

MEARPULS
Annual cost (TER)0.26%0.15%
Fund size (AUM)$1.3B$15.7B
Since20152018
Dividend yield2.87%5.02%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+3.3%+4.8%
CAGR 3Y+3.6%+5.6%
CAGR 5Y+2.4%+4.1%
Sharpe 3Y0.053.80
Volatility 1Y0.86%0.42%
Max drawdown-2.68%-5.85%

Similar to MEAR and PULS