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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 USFR: how they differ

PULS and USFR hold 0% of their weight in the same names.

PGIM Ultra Short Bond ETF and WisdomTree Floating Rate Treasury Fund.

What they hold in common

By the books each fund has filed, PULS and USFR 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 USFR
PGIM ETF Trust 2.38%UNITED STATES OF AMERICA - BUREAU OF THE 28.04%
GLENCORE FUNDING LLC 0.98%UNITED STATES OF AMERICA - BUREAU OF THE 28.01%
Alexandria Real Estate Equities, Inc. 0.87%UNITED STATES OF AMERICA - BUREAU OF THE 28.00%
ABN AMRO BANK NV 0.75%UNITED STATES OF AMERICA - BUREAU OF THE 15.95%
BX TRUST 2022-LBA6 0.68%
FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%
BX TRUST 2018-BILT 0.56%
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.

PULS and USFR on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PULS
PGIM Ultra Short Bond ETF
USFR
WisdomTree Floating Rate Treasury Fund
Where it sitsCore index fundCore index fund
IssuerPGIMWisdomTree
What it isPGIM Ultra Short BondFloating Rate Treasury
Total return, 1 year+4.2%+4.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.3 pts−13.4 pts
Expense ratio0.15%0.15%
Holdings5534

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.

USFR in plain words

USFR is a bond fund tracking the Floating Rate Treasury. Over the year to Sep 11, 2026 it returned +4.1% 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, PULS or USFR?
In the year to Sep 12, 2026, with distributions reinvested, PULS returned +4.2% and USFR returned +4.1%, so PULS returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PULS or USFR?
PULS charges 0.15% a year and USFR 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.

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

A comparison is not a recommendation. Standards and sources