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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GARP vs PULS: how they differ

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

iShares MSCI USA Quality GARP ETF and PGIM Ultra Short Bond ETF.

What they hold in common

By the books each fund has filed, GARP and PULS 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 GARPOnly in PULS
APPLE 5.23%PGIM ETF Trust 2.38%
MICROSOFT 5.16%GLENCORE FUNDING LLC 0.98%
NVIDIA 5.09%Alexandria Real Estate Equities, Inc. 0.87%
META PLATFORMS CLASS A 4.81%ABN AMRO BANK NV 0.75%
MICRON TECHNOLOGY 4.76%BX TRUST 2022-LBA6 0.68%
VISA CLASS A 4.60%FEDERATION DES CAISSES DESJARDINS DU QUE 0.67%
LAM RESEARCH 4.02%BX TRUST 2018-BILT 0.56%
CATERPILLAR INC 3.65%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 Sep 10, 2026.

GARP and PULS on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
PULS
PGIM Ultra Short Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesPGIM
What it isMSCI USA Quality GARPPGIM Ultra Short Bond
Total return, 1 year+29.5%+4.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+12.0 pts−13.3 pts
Expense ratio0.15%0.15%
Holdings133553

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% 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. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.

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.

Questions people ask

Which returned more over the last year, GARP or PULS?
In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and PULS returned +4.2%, so GARP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GARP or PULS?
GARP charges 0.15% a year and PULS charges 0.15%, so GARP 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.

GARP against PULS, ETFIQ, data as of Sep 13, 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, GARP against PULS, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-puls Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources