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PULS vs LMUB

PGIM Ultra Short Bond ETF vs iShares Long-Term National Muni Bd ETF

PULS

PGIM Ultra Short Bond ETF

Annual cost

0.15%

Fund size

$15.7B

LMUB

iShares Long-Term National Muni Bd ETF

Annual cost

0.09%

Fund size

$1.5B

Key differences

  • LMUB costs 0.06% less per year.
  • PULS is significantly larger than LMUB — larger funds tend to be more liquid and less likely to close.
  • PULS follows a active selection strategy; LMUB uses index tracking.
  • PULS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PULSLMUB
Annual cost (TER)0.15%0.09%
Fund size (AUM)$15.7B$1.5B
Since20182025
Dividend yield5.02%3.96%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.8%+8.5%
CAGR 3Y+5.6%N/A
CAGR 5Y+4.1%N/A
Sharpe 3Y3.80N/A
Volatility 1Y0.42%4.26%
Max drawdown-5.85%-5.51%

Similar to PULS and LMUB