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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

PULS vs SPHD: how they differ

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

PGIM Ultra Short Bond ETF and Invesco S&P 500 High Dividend Low Volatility ETF.

What they hold in common

By the books each fund has filed, PULS and SPHD 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 PULSOnly in SPHD
PGIM ETF Trust 2.38%Verizon Communications Inc. 3.49%
GLENCORE FUNDING LLC 0.98%Altria Group, Inc. 3.45%
Alexandria Real Estate Equities, Inc. 0.87%Healthpeak Properties, Inc. 3.24%
ABN AMRO BANK NV 0.75%Kraft Heinz Co. (The) 3.03%
BX TRUST 2022-LBA6 0.68%Pfizer Inc. 2.99%
FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%Franklin Resources, Inc. 2.82%
BX TRUST 2018-BILT 0.56%VICI Properties Inc. 2.68%
BROADCOM INC 0.56%ONEOK, Inc. 2.66%

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.

PULS and SPHD on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PULS
PGIM Ultra Short Bond ETF
SPHD
Invesco S&P 500 High Dividend Low Volatility ETF
Where it sitsCore index fundCore index fund
IssuerPGIMInvesco
What it isPGIM Ultra Short BondS&P 500 High Dividend Low Volatility
Total return, 1 year+4.2%+8.6%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.3 pts−8.9 pts
Expense ratio0.15%0.30%
Holdings55349

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.

SPHD in plain words

SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, PULS or SPHD?
In the year to Sep 12, 2026, with distributions reinvested, PULS returned +4.2% and SPHD returned +8.6%, so SPHD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PULS or SPHD?
PULS charges 0.15% a year and SPHD charges 0.30%, 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.

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

A comparison is not a recommendation. Standards and sources