Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
GOVT vs PULS: how they differ
GOVT and PULS hold 0% of their weight in the same names, and PULS returned more over the year.
iShares U.S. Treasury Bond ETF and PGIM Ultra Short Bond ETF.
What they hold in common
By the books each fund has filed, GOVT and PULS hold 0% of their money in the same securities at the same weight.
| Only in GOVT | Only in PULS |
|---|---|
| US TREASURY N/B 0.60% | PGIM ETF Trust 2.38% |
| TREASURY NOTE (OTR) 0.55% | GLENCORE FUNDING LLC 0.98% |
| TREASURY BOND (OLD) 0.42% | Alexandria Real Estate Equities, Inc. 0.87% |
| TREASURY NOTE (2OLD) 0.25% | ABN AMRO BANK NV 0.75% |
| TREASURY BOND (OTR) 0.16% | BX TRUST 2022-LBA6 0.68% |
| BLK CSH FND TREASURY SL AGENCY 0.11% | FEDERATION DES CAISSES DESJARDINS DU QUE 0.67% |
| TREASURY NOTE (OLD) 0.11% | BX TRUST 2018-BILT 0.56% |
| TREASURY BOND (2OLD) 0.08% | 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.
| GOVT iShares U.S. Treasury Bond ETF | PULS PGIM Ultra Short Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | PGIM |
| What it is | U.S. Treasury Bond | PGIM Ultra Short Bond |
| Total return, 1 year | −1.0% | +4.2% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −18.5 pts | −13.3 pts |
| Expense ratio | 0.05% | 0.15% |
| Holdings | 216 | 553 |
GOVT in plain words
GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.
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.
Questions people ask
- Which returned more over the last year, GOVT or PULS?
- In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and PULS returned +4.2%, so PULS returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, GOVT or PULS?
- GOVT charges 0.05% a year and PULS charges 0.15%, so GOVT 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.
Cite this page. ETFIQ, GOVT against PULS, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-puls Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources