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FLDR vs PULS: Differences, Returns & Fees

FLDR's duration was 0.8 years on May 31, 2026 and PULS's 0.7 on May 29, 2026; both charge 0.15%. Net assets: $2.3bn on Sep 30, 2026 for Fidelity Low Duration Bond Factor ETF, and $19.8bn on Oct 19, 2026 for PGIM Ultra Short Bond ETF.

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Answers cite the figures on this page.

Both cost 0.15% a year; their one-year returns differ by 0.9 points; PULS is 14.1 times larger.

FLDR vs PULS: Differences, Returns & Fees
FLDRPULS
Expense ratio0.15%0.15%
Net assets, as of Feb 28, 2025$736m$10.4bn
Total return, 1 year+3.2%+4.1%
What it tracksFidelity Low Duration Investment Grade Factor IndexNo index, actively managed
Holdings in commonreport dates differ

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

+3.2%
FLDR total return, 1 year
+4.1%
PULS total return, 1 year
0.15%
FLDR expense ratio
0.15%
PULS expense ratio

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Client brief · page 1 of 2Report BR-E6A855868C

FLDR and PULS are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. FLDR follows Fidelity Low Duration Investment Grade Factor Index and PULS follows No index, actively managed.
  2. Size. FLDR has $736m in net assets and PULS $10.4bn (net assets, as of Feb 28, 2025); PULS is 14.1 times larger.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 FLDR returned +3.2% and PULS +4.1% with distributions reinvested, a gap of 0.9 points.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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On the same fields

FLDR
Fidelity Low Duration Bond Factor ETF
PULS
PGIM Ultra Short Bond ETF
Where it sits Bond ETF Bond ETF
Issuer Fidelity PGIM
What it is Tracks an index Actively managed
Total return, 1 year +3.2% +4.1%
Expense ratio 0.15% 0.15%
Holdings 352 553
Net assets, FLDR as of Sep 30, 2026 and PULS as of Oct 19, 2026 $2.3bn $19.8bn

FLDR and PULS on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About FLDR

FLDR tracks an index. Over the year to Oct 20, 2026 it returned +3.2% with distributions reinvested. The prospectus expense ratio is 0.15% a year.

About PULS

PULS is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +4.1% with distributions reinvested.

Questions people ask

Which returned more over the last year, FLDR or PULS?
In the year to Oct 20, 2026, with distributions reinvested, FLDR returned +3.2% and PULS +4.1%.
Which is cheaper, FLDR or PULS?
Neither: FLDR and PULS both charge 0.15% a year. Fees come from each fund's prospectus.
Other comparisons
FLDR vs VBILFLDR vs FLOTFLDR vs VUSBFLDR vs JPSTIBTH vs PULSPULS vs TBLLPULS vs TBUXPULS vs XHLF
FLDR on its own →PULS on its own →Hold both: look the portfolio through →Rankings →FLDR dividend history →FLDR holdings →PULS dividend history →PULS holdings →Standards and sources →
Where these figures came from
FLDR filings on SEC EDGAR ↗FLDR prospectus with the expense ratio (SEC) ↗Fidelity website ↗PULS filings on SEC EDGAR ↗PULS prospectus with the expense ratio (SEC) ↗PGIM website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, FLDR against PULS, data as of Oct 20, 2026. https://etfiq.com/compare/any/fldr-vs-puls

Open data

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