Get the weekly note

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 VPU: how they differ

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

PGIM Ultra Short Bond ETF and Vanguard Utilities Index Fund.

What they hold in common

By the books each fund has filed, PULS and VPU 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 VPU
PGIM ETF Trust 2.38%NextEra Energy Inc 11.84%
GLENCORE FUNDING LLC 0.98%Southern Co/The 6.70%
Alexandria Real Estate Equities, Inc. 0.87%Duke Energy Corp 6.31%
ABN AMRO BANK NV 0.75%Constellation Energy Corp 5.86%
BX TRUST 2022-LBA6 0.68%American Electric Power Co Inc 4.47%
FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%Sempra 3.85%
BX TRUST 2018-BILT 0.56%Dominion Energy Inc 3.78%
BROADCOM INC 0.56%Vistra Corp 3.59%

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 VPU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
PULS
PGIM Ultra Short Bond ETF
VPU
Vanguard Utilities Index Fund
Where it sitsCore index fundCore index fund
IssuerPGIMVanguard
What it isPGIM Ultra Short BondUtilities
Total return, 1 year+4.2%+2.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−13.3 pts−15.4 pts
Expense ratio0.15%0.09%
Holdings55366

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.

VPU in plain words

VPU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.09% a year. By its holdings filed for May 31, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 66 positions, with the top ten at 52.7%. It sat 9.8% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, PULS or VPU?
In the year to Sep 12, 2026, with distributions reinvested, PULS returned +4.2% and VPU returned +2.1%, so PULS returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PULS or VPU?
PULS charges 0.15% a year and VPU charges 0.09%, so VPU is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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

A comparison is not a recommendation. Standards and sources