IBDS vs PULS: Differences, Returns & Fees

IBDS's duration was 0.8 years on Jul 31, 2026 and PULS's 0.7 on May 29, 2026; IBDS charges 0.10% to PULS's 0.15%. Net assets: $4.0bn on Oct 20, 2026 for iShares iBonds Dec 2027 Term Corporate 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.

IBDS costs 0.05 points a year less; their one-year returns differ by 0.8 points; PULS is 5.0 times larger.

IBDS vs PULS: Differences, Returns & Fees
IBDSPULS
Expense ratio0.10%0.15%
Net assets, as of Oct 19, 2026$4.0bn$19.8bn
Total return, 1 year+3.3%+4.1%
What it tracksnot read by ETFIQNo index, actively managed
Holdings in commonreport dates differ

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

+3.3%
IBDS total return, 1 year
+4.1%
PULS total return, 1 year
0.10%
IBDS expense ratio
0.15%
PULS expense ratio

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Client brief · page 1 of 2Report BR-A04D9EFA59

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

  1. What each follows. IBDS follows not read by ETFIQ and PULS follows No index, actively managed.
  2. Size. IBDS has $4.0bn in net assets and PULS $19.8bn (net assets, as of Oct 19, 2026); PULS is 5.0 times larger.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 IBDS returned +3.3% and PULS +4.1% with distributions reinvested, a gap of 0.8 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

IBDS
iShares iBonds Dec 2027 Term Corporate ETF
PULS
PGIM Ultra Short Bond ETF
Where it sits Bond ETF Bond ETF
Issuer iShares PGIM
What it is Tracks an index Actively managed
Total return, 1 year +3.3% +4.1%
Expense ratio 0.10% 0.15%
Holdings 647 553
Net assets, IBDS as of Oct 20, 2026 and PULS as of Oct 19, 2026 $4.0bn $19.8bn

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

About IBDS

IBDS tracks an index. Over the year to Oct 20, 2026 it returned +3.3% with distributions reinvested. The prospectus expense ratio is 0.10% 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. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, IBDS or PULS?
In the year to Oct 20, 2026, with distributions reinvested, IBDS returned +3.3% and PULS +4.1%.
Which is cheaper, IBDS or PULS?
IBDS is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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