Data as of Oct 28, 2026.

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AGG vs PULS: Differences, Returns & Fees

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AGG's duration was 5.8 years on Aug 31, 2026 and PULS's 0.7 on May 29, 2026; AGG charges 0.03% to PULS's 0.15%.

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Net assets on Oct 27, 2026: $139.4bn for iShares Core U.S. Aggregate Bond ETF and $19.8bn for PGIM Ultra Short Bond ETF.

At a glance
−1.4%
AGG total return, 1 year
+4.0%
PULS total return, 1 year
0.03%
AGG expense ratio
0.15%
PULS expense ratio

Pair scorecard

AGG costs 0.12 points a year less; their one-year returns differ by 5.4 points; AGG is 7.0 times larger.

AGG vs PULS: Differences, Returns & Fees
MeasureAGGPULS
Return
Total return, 1 year−1.4%+4.0%
Drawdown
Below its high3.4%, high on Aug 4, 2020
Benchmark
What it tracksBloomberg U.S. Aggregate Bond IndexNo index, actively managed
Cost and size
Expense ratio0.03%0.15%
Net assets, as of Oct 27, 2026$139.4bn$19.8bn
Holdings
Holdings in common1%

Holdings in common uses holdings dated May 29, 2026 and Aug 31, 2026. Method

What they share

1%

By the books each fund has filed, AGG and PULS hold 1% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Aug 31, 2026.

0 half 100%

half

1% in common

Positions both hold · largest shared weight first AGG PULS
U.S. Treasury Notes, due Nov 15, 2027 0.21% 0.19%
CSAIL 2018-CX11 Commercial Mortgage Trust, due Apr 15, 2051 0.02% 0.05%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2028 0.01% 0.02%
U.S. Treasury Notes, due Jan 15, 2028 0.22% 0.01%
Salesforce Inc, due Mar 15, 2029 0.01% 0.32%
Salesforce Inc, due Mar 15, 2028 0.01% 0.32%
Amazon.com Inc, due Mar 13, 2029 0.01% 0.24%
Amazon.com Inc, due Mar 13, 2028 0.01% 0.24%
Alphabet Inc, due Feb 15, 2029 0.01% 0.19%
GlaxoSmithKline Capital Inc, due May 15, 2028 0.01% 0.07%
BANK5 2024-5YR7, due Jun 15, 2057 0.01% 0.25%
Amazon.com Inc, due Nov 20, 2028 0.01% 0.18%
Only in one fund ↓
Only in AGG
U.S. Treasury Notes, due Feb 15, 2035 0.41%
U.S. Treasury Notes, due Nov 15, 2034 0.40%
U.S. Treasury Notes, due Feb 28, 2030 0.40%
U.S. Treasury Notes, due May 15, 2034 0.40%
U.S. Treasury Notes, due Aug 15, 2034 0.39%
U.S. Treasury Notes, due Feb 15, 2036 0.39%
U.S. Treasury Notes, due May 15, 2035 0.39%
U.S. Treasury Notes, due Nov 15, 2033 0.38%
Only in PULS
PGIM AAA CLO ETF 1.81%
Phillips 66 0% CP 22/06/2026, due Jun 22, 2026 0.83%
GLENCORE FUNDING LLC 0% CP 17/06/2026, due Jun 17, 2026 0.74%
Alexandria Real Estate Equities, Inc. 0% CP 01/06/2026, due Jun 1, 2026 0.66%
INTESA SANPAOLO SPA NEW YORK BRANCH 4.27% CP 30/06/2026, due Jun 30, 2026 0.63%
ABNANV 4.718 01/22/27 144A, due Jan 22, 2027 0.57%
Healthpeak Properties Inc 0% CP 24/06/2026, due Jun 24, 2026 0.52%
BX 2022-LBA6 A, due Jan 18, 2039 0.51%
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Side by side

AGG iShares Core U.S. Aggregate Bond ETF PULS PGIM Ultra Short Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares PGIM
What it is Tracks an index of US aggregate bonds Actively managed
Total return, 1 year −1.4% +4.0%
Its benchmark over the same days −1.3% (SCHZ) not measured
Gap to its benchmark −0.1 pts vs SCHZ not measured
Expense ratio 0.03% 0.15%
Holdings 13469 553
Net assets, as of Oct 27, 2026 $139.4bn $19.8bn

AGG and PULS on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
AGG

AGG tracks an index of US aggregate bonds. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.3% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.03% a year. It sat 3.4% below its high of Aug 4, 2020 on Oct 28, 2026.

PULS

PULS is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +4.0% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, AGG or PULS?
In the year to Oct 28, 2026, with distributions reinvested, AGG returned −1.4% and PULS +4.0%.
Which is cheaper, AGG or PULS?
AGG is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, AGG against PULS, data as of Oct 28, 2026. https://etfiq.com/compare/any/agg-vs-puls

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