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PSH vs PHYL

PGIM Short Duration High Yield ETF vs PGIM Active High Yield Bond ETF

PSH

PGIM Short Duration High Yield ETF

Annual cost

0.45%

Fund size

$146M

PHYL

PGIM Active High Yield Bond ETF

Annual cost

0.39%

Fund size

$1.3B

Key differences

  • PHYL costs 0.06% less per year.
  • PHYL is significantly larger than PSH — larger funds tend to be more liquid and less likely to close.
  • PHYL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PSHPHYL
Annual cost (TER)0.45%0.39%
Fund size (AUM)$146M$1.3B
Since20232018
Dividend yield6.91%7.71%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+6.3%+8.6%
CAGR 3YN/A+9.4%
CAGR 5YN/A+4.2%
Sharpe 3YN/A1.20
Volatility 1Y2.88%3.30%
Max drawdown-3.06%-22.07%

Similar to PSH and PHYL