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

In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and PULS returned +4.2%, so PULS returned more. One year is one year; the longer windows are in the table.

Which is cheaper, MUB or PULS?

MUB charges 0.05% a year and PULS charges 0.15%, so MUB 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

MUB vs PULS: how they differ

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

iShares National Muni Bond ETF and PGIM Ultra Short Bond ETF.

What they hold in common

By the books each fund has filed, MUB 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 MUB	Only in PULS
Board of Regents of the University of Te 0.20%	PGIM ETF Trust 2.38%
New York State Thruway Authority 0.16%	GLENCORE FUNDING LLC 0.98%
New York State Dormitory Authority 0.14%	Alexandria Real Estate Equities, Inc. 0.87%
Houston Higher Education Finance Corp. 0.13%	ABN AMRO BANK NV 0.75%
Northwest Independent School District 0.13%	BX TRUST 2022-LBA6 0.68%
Ohio State University (The) 0.13%	FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%
State of New Jersey 0.13%	BX TRUST 2018-BILT 0.56%
State of California 0.13%	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 May 29, 2026 and May 31, 2026.

MUB and PULS on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	MUB iShares National Muni Bond ETF	PULS PGIM Ultra Short Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	PGIM
What it is	National Muni Bond	PGIM Ultra Short Bond
Total return, 1 year	+0.1%	+4.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−17.4 pts	−13.3 pts
Expense ratio	0.05%	0.15%
Holdings	6603	553

MUB in plain words

MUB is a bond fund tracking the National Muni Bond. Over the year to Sep 11, 2026 it returned +0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 3.6% below its high of Jul 6, 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. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, MUB or PULS?: In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and PULS returned +4.2%, so PULS returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MUB or PULS?: MUB charges 0.05% a year and PULS charges 0.15%, so MUB 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.

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

A comparison is not a recommendation. Standards and sources