Which returned more over the last year, BINC or PULS?

In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and PULS +4.0%.

Which is cheaper, BINC or PULS?

PULS is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

BINC vs PULS: Differences, Returns & Fees

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BINC's duration was 2.9 years on Jul 31, 2026 and PULS's 0.7 on May 29, 2026; PULS charges 0.15% to BINC's 0.40%.

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Net assets on Oct 27, 2026: $16.8bn for iShares Flexible Income Active ETF and $19.8bn for PGIM Ultra Short Bond ETF.

BINC on its own →PULS on its own →

At a glance

+0.5%

BINC total return, 1 year

+4.0%

PULS total return, 1 year

0.40%

BINC expense ratio

0.15%

PULS expense ratio

Pair scorecard

PULS costs 0.25 points a year less; their one-year returns differ by 3.5 points; PULS is 1.2 times larger.

BINC vs PULS: Differences, Returns & Fees
Measure	BINC	PULS
Return
Measure	BINC	PULS
Total return, 1 year	+0.5%	+4.0%
Benchmark
Measure	BINC	PULS
What it tracks	No index, actively managed	No index, actively managed
Cost and size
Measure	BINC	PULS
Expense ratio	0.40%	0.15%
Net assets, as of Oct 27, 2026	$16.8bn	$19.8bn
Holdings
Measure	BINC	PULS
Holdings in common	0%
In the S&P 500, by weight	0%
Top ten holdings, share of the fund	24.6%

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

Risk and return

Jun 2, 2023 to Oct 23, 2026 · 177 weekly returns

BINC PULS

Return

Total return edge BINC (slight) +21.3% +19.4%

Annualized edge BINC (slight) +5.8% +5.4%

Price return edge PULS +0.2% +0.9%

Risk

Volatility edge PULS 3.1% 0.4%

Max drawdown edge PULS −2.7% −0.2%

Risk-adjusted

Sharpe edge PULS 0.37 1.62

Sortino edge PULS 0.57 2.52

Calmar edge PULS 2.20 22.11

Reading

BINC returned slightly more: +21.3% to +19.4%. PULS swung less: 0.4% to 3.1%. PULS fell less at its worst: −0.2% to −2.7%.

Full scorecard

9 measures, with how each is measured Open ↓

Risk and return: BINC vs PULS: Differences, Returns & Fees
Measure	BINC	PULS	Edge	How it is measured
Return
Total return	+21.3%	+19.4%	BINC (slight)	Price change plus distributions, reinvested.
Annualized	+5.8%	+5.4%	BINC (slight)	Total return as a yearly rate.
Price return	+0.2%	+0.9%	PULS	Price change alone, distributions left out.
Risk
Volatility	3.1%	0.4%	PULS	Spread of weekly returns, annualized. Lower is steadier.
Downside deviation	2.0%	0.3%	PULS	Like volatility, counting only weeks below the Treasury bill rate.
Max drawdown	−2.7%	−0.2%	PULS	Deepest fall from a high to the low after it.
Risk-adjusted
Sharpe	0.37	1.62	PULS	Return above Treasury bills per unit of volatility.
Sortino	0.57	2.52	PULS	Return above Treasury bills per unit of downside deviation.
Calmar	2.20	22.11	PULS	Annualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

By the books each fund has filed, BINC and PULS hold 0% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jul 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first BINC PULS

HOMES 2025-NQM5 Trust, due Sep 25, 2070 0.08% 0.05%

New Residential Mortgage Loan Trust 2026-NQM3, due Feb 25, 2066 0.03% 0.05%

LCM 31 Ltd, due Jul 20, 2034 0.02% 0.06%

BRAVO Residential Funding Trust 2025-NQM2, due Nov 25, 2064 0.01% 0.13%

Verus Securitization Trust 2026-R1, due Oct 25, 2067 0.01% 0.05%

Wellfleet CLO 2021-3 Ltd, due Jan 15, 2035 0.01% 0.25%

Venture 34 CLO Ltd, due Oct 15, 2031 0.01% 0.03%

Verus Securitization Trust 2025-6, due Jul 25, 2070 0.07% 0.01%

Battalion Clo XXI Ltd, due Jul 15, 2034 0.01% 0.23%

AGL CLO 13 Ltd, due Oct 20, 2034 0.01% 0.31%

RCKT Mortgage Trust 2024-CES3, due May 25, 2044 0.01% 0.05%

CarVal CLO II Ltd, due Apr 20, 2032 0.00% 0.21%

Only in one fund ↓

Only in BINC

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 6.83%

Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 3.48%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.35%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.57%

iShares iBoxx USD High Yield Corporate Bond ETF 1.46%

Italy Buoni Poliennali Del Tesoro, due Feb 1, 2031 1.32%

Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.10%

iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%

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%

Check overlap with more funds →

Side by side

BINC iShares Flexible Income Active ETF PULS PGIM Ultra Short Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares PGIM

What it is Actively managed Actively managed

Total return, 1 year +0.5% +4.0%

Expense ratio 0.40% 0.15%

Holdings 4690 553

Net assets, as of Oct 27, 2026 $16.8bn $19.8bn

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

Client brief · page 1 of 2 Report BR-510609CD7D

BINC and PULS do different jobs. What does each one do in a portfolio?

Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 29, 2026).
One-year total return. Over 1 year to Oct 28, 2026 BINC returned +0.5% and PULS +4.0% with distributions reinvested, a gap of 3.5 points.
Number of holdings. BINC holds 4,690 positions and PULS holds 553.

Data as of Oct 28, 2026.

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About each fund

BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

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, BINC or PULS?: In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and PULS +4.0%.
Which is cheaper, BINC or PULS?: PULS is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BINC vs SHV BINC vs SGOV BINC vs USFR BINC vs MINT IEI vs PULS PULS vs USFR PULS vs SCHP MINT vs PULS

Where to next

BINC on its own →PULS on its own →Hold both: look the portfolio through →Rankings →BINC dividend history →BINC holdings →PULS dividend history →PULS holdings →Standards and sources →

Sources and dates

BINC filings on SEC EDGAR ↗

BINC prospectus with the expense ratio (SEC) ↗

iShares page for BINC ↗

PULS filings on SEC EDGAR ↗

PULS prospectus with the expense ratio (SEC) ↗

PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, BINC against PULS, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-puls

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.