Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
PULS vs SPHQ: how they differ
PULS and SPHQ hold 0% of their weight in the same names, and SPHQ returned more over the year.
PGIM Ultra Short Bond ETF and Invesco S&P 500 Quality ETF.
What they hold in common
By the books each fund has filed, PULS and SPHQ hold 0% of their money in the same securities at the same weight.
| Only in PULS | Only in SPHQ |
|---|---|
| PGIM ETF Trust 2.38% | Costco Wholesale Corp. 4.82% |
| GLENCORE FUNDING LLC 0.98% | Visa Inc. 4.69% |
| Alexandria Real Estate Equities, Inc. 0.87% | Apple Inc. 4.51% |
| ABN AMRO BANK NV 0.75% | Mastercard Inc. 4.32% |
| BX TRUST 2022-LBA6 0.68% | General Electric Co. 4.16% |
| FEDERATION DES CAISSES DESJARDINS DU QUE 0.67% | Lam Research Corp. 4.10% |
| BX TRUST 2018-BILT 0.56% | Caterpillar Inc. 3.78% |
| BROADCOM INC 0.56% | Cisco Systems, Inc. 3.54% |
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.
| PULS PGIM Ultra Short Bond ETF | SPHQ Invesco S&P 500 Quality ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | PGIM | Invesco |
| What it is | PGIM Ultra Short Bond | S&P 500 Quality |
| Total return, 1 year | +4.2% | +17.4% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −13.3 pts | −0.1 pts |
| Expense ratio | 0.15% | 0.15% |
| Holdings | 553 | 99 |
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.
SPHQ in plain words
SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Apr 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 99 positions, with the top ten at 40.7%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, PULS or SPHQ?
- In the year to Sep 12, 2026, with distributions reinvested, PULS returned +4.2% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, PULS or SPHQ?
- PULS charges 0.15% a year and SPHQ charges 0.15%, so PULS is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.
Cite this page. ETFIQ, PULS against SPHQ, data as of Sep 12, 2026. https://etfiq.com/compare/any/PULS-SPHQ Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources