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ULST vs PSDM

State Street Ultra Short Term Bond ETF vs PGIM Short Duration Multi-Secto

ULST

State Street Ultra Short Term Bond ETF

State Street Investment Management

Annual cost

0.20%

Fund size

$600M

PSDM

PGIM Short Duration Multi-Secto

PGIM

Annual cost

0.40%

Fund size

$185M

Key differences

  • ULST costs 0.20% less per year.
  • ULST is significantly larger than PSDM — larger funds tend to be more liquid and less likely to close.
  • ULST follows a index tracking strategy; PSDM uses active selection.
  • ULST has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ULSTPSDM
Annual cost (TER)0.20%0.40%
Fund size (AUM)$600M$185M
Since20132023
Dividend yield4.33%4.81%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+4.1%+5.0%
CAGR 3Y+5.0%N/A
CAGR 5Y+3.5%N/A
Sharpe 3Y1.28N/A
Volatility 1Y0.66%1.69%
Max drawdown-6.20%-1.19%

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

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