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SMMU vs PULS

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

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

PIMCO

Annual cost

0.35%

Fund size

$1.1B

PULS

PGIM Ultra Short Bond ETF

PGIM

Annual cost

0.15%

Fund size

$15.7B

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.
  • SMMU follows a index tracking strategy; PULS uses active selection.
  • 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

SMMUPULS
Annual cost (TER)0.35%0.15%
Fund size (AUM)$1.1B$15.7B
Since20102018
Dividend yield2.79%5.02%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+3.9%+4.7%
CAGR 3Y+3.7%+5.7%
CAGR 5Y+1.9%+4.1%
Sharpe 3Y0.063.83
Volatility 1Y1.03%0.42%
Max drawdown-5.09%-5.85%

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

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