Which returned more over the last year, JAAA or PULS?

In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and PULS returned +4.2%, so JAAA returned more. One year is one year; the longer windows are in the table.

Which is cheaper, JAAA or PULS?

JAAA charges 0.20% a year and PULS charges 0.15%, so PULS is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

JAAA vs PULS: how they differ

JAAA and PULS hold 1% of their weight in the same names, and JAAA returned more over the year.

Janus Henderson AAA CLO ETF and PGIM Ultra Short Bond ETF.

What they hold in common

By the books each fund has filed, JAAA and PULS hold 1% of their money in the same securities at the same weight.

Positions JAAA and PULS both hold, largest shared weight first
Holding	JAAA	PULS
Ares LXV CLO Ltd.	0.26%	0.40%
Wellfleet CLO Ltd.	0.23%	0.32%
Allegany Park CLO Ltd.	0.10%	0.16%
Whitebox CLO III Ltd.	0.08%	0.13%

Largest positions each one holds and the other does not
Only in JAAA	Only in PULS
KKR CLO 35 Ltd. 0.96%	PGIM ETF Trust 2.38%
AB BSL CLO 1 Ltd. 0.88%	GLENCORE FUNDING LLC 0.98%
Anchorage Capital CLO 16 Ltd. 0.82%	Alexandria Real Estate Equities, Inc. 0.87%
Anchorage Capital CLO 17 Ltd. 0.80%	ABN AMRO BANK NV 0.75%
Carlyle US CLO Ltd. 0.70%	BX TRUST 2022-LBA6 0.68%
Carlyle US CLO Ltd. 0.67%	FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%
Regatta XIX Funding Ltd. 0.67%	BX TRUST 2018-BILT 0.56%
Magnetite XXXII Ltd. 0.67%	BROADCOM INC 0.56%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and May 29, 2026.

JAAA and PULS on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	JAAA Janus Henderson AAA CLO ETF	PULS PGIM Ultra Short Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	Janus	PGIM
What it is	Henderson AAA CLO	PGIM Ultra Short Bond
Total return, 1 year	+4.9%	+4.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−12.6 pts	−13.3 pts
Expense ratio	0.20%	0.15%
Holdings	600	553

JAAA in plain words

JAAA is an index equity fund tracking the Henderson AAA CLO. Over the year to Sep 11, 2026 it returned +4.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Apr 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 600 positions, with the top ten at 7.5%.

PULS in plain words

PULS is a cash and treasury bills tracking the PGIM Ultra Short Bond. Over the year to Sep 11, 2026 it returned +4.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, JAAA or PULS?: In the year to Sep 12, 2026, with distributions reinvested, JAAA returned +4.9% and PULS returned +4.2%, so JAAA returned more. One year is one year; the longer windows are in the table.
Which is cheaper, JAAA or PULS?: JAAA charges 0.20% a year and PULS charges 0.15%, so PULS is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

JAAA against PULS, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, JAAA against PULS, data as of Sep 12, 2026. https://etfiq.com/compare/any/JAAA-PULS Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources