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PULS vs SMMU

PGIM Ultra Short Bond ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PULS

PGIM Ultra Short Bond ETF

PGIM

Annual cost

0.15%

Fund size

$15.7B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • PULS costs 0.20% less per year.
  • PULS is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • PULS follows a active selection strategy; SMMU uses index tracking.
  • Over the last 3 years, PULS has delivered higher annualized returns.
  • SMMU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PULSSMMU
Annual cost (TER)0.15%0.35%
Fund size (AUM)$15.7B$1.1B
Since20182010
Dividend yield5.02%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.7%+3.9%
CAGR 3Y+5.7%+3.7%
CAGR 5Y+4.1%+1.9%
Sharpe 3Y3.830.06
Volatility 1Y0.42%1.03%
Max drawdown-5.85%-5.09%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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