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

ETFIQetfiq.com · independent ETF data

MTUM vs PULS: how they differ

MTUM and PULS hold 0% of their weight in the same names, and MTUM returned more over the year.

iShares MSCI USA Momentum Factor ETF and PGIM Ultra Short Bond ETF.

What they hold in common

By the books each fund has filed, MTUM and PULS hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in MTUMOnly in PULS
MICRON TECHNOLOGY, INC. 5.57%PGIM ETF Trust 2.38%
BROADCOM INC. 5.41%GLENCORE FUNDING LLC 0.98%
NVIDIA CORPORATION 4.65%Alexandria Real Estate Equities, Inc. 0.87%
ADVANCED MICRO DEVICES, INC. 4.04%ABN AMRO BANK NV 0.75%
INTEL CORPORATION 3.84%BX TRUST 2022-LBA6 0.68%
JOHNSON & JOHNSON 3.76%FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%
LAM RESEARCH CORPORATION 3.62%BX TRUST 2018-BILT 0.56%
EXXON MOBIL CORPORATION 3.44%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.

MTUM and PULS on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
MTUM
iShares MSCI USA Momentum Factor ETF
PULS
PGIM Ultra Short Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesPGIM
What it isMSCI USA Momentum FactorPGIM Ultra Short Bond
Total return, 1 year+21.8%+4.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+4.3 pts−13.3 pts
Expense ratio0.15%0.15%
Holdings125553

MTUM in plain words

MTUM is an index equity fund tracking the MSCI USA Momentum Factor. Over the year to Sep 11, 2026 it returned +21.8% 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. By its holdings filed for Apr 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 125 positions, with the top ten at 40.5%. It sat 11.1% below its high of Jun 22, 2026 on Sep 11, 2026.

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.

Questions people ask

Which returned more over the last year, MTUM or PULS?
In the year to Sep 12, 2026, with distributions reinvested, MTUM returned +21.8% and PULS returned +4.2%, so MTUM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MTUM or PULS?
MTUM charges 0.15% a year and PULS charges 0.15%, so MTUM 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.

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

A comparison is not a recommendation. Standards and sources