Data as of Oct 28, 2026.

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PULS vs SCHB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PULS returned +4.0% to SCHB's +13.4%; 0% of their weight is in the same names.

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Net assets: $19.8bn on Oct 27, 2026 for PGIM Ultra Short Bond ETF, and $44.6bn on Aug 31, 2026 for Schwab U.S. Broad Market ETF.

At a glance
+4.0%
PULS total return, 1 year
+13.4%
SCHB total return, 1 year
0.15%
PULS expense ratio
0.03%
SCHB expense ratio

Pair scorecard

SCHB costs 0.12 points a year less; their one-year returns differ by 9.4 points.

PULS vs SCHB: Differences, Returns & Fees
MeasurePULSSCHB
Return
Total return, 1 year+4.0%+13.4%
Benchmark
What it tracksNo index, actively managedDow Jones U.S. Broad Stock Market Index
Cost and size
Expense ratio0.15%0.03%
Net assets, PULS as of Oct 27, 2026 and SCHB as of Aug 31, 2026$19.8bn$44.6bn
Holdings
Holdings in common0%
In the S&P 500, by weight88%
Top ten holdings, share of the fund33.7%

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

Risk and return

Apr 20, 2018 to Oct 23, 2026 · 444 weekly returns
PULS SCHB
Return
Total return edge SCHB +32.2% +208.7%
Annualized edge SCHB +3.3% +14.1%
Price return edge SCHB −0.9% +170.9%
Risk
Volatility edge PULS 1.9% 18.5%
Max drawdown edge PULS −5.9% −33.3%
Risk-adjusted
Sharpe edge SCHB 0.27 0.66
Sortino edge SCHB 0.32 0.94
Calmar edge PULS 0.57 0.42
Reading

SCHB returned more: +208.7% to +32.2%. PULS swung less: 1.9% to 18.5%. PULS fell less at its worst: −5.9% to −33.3%.

Full scorecard

9 measures, with how each is measured
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Risk and return: PULS vs SCHB: Differences, Returns & Fees
MeasurePULSSCHBEdgeHow it is measured
Return
Total return+32.2%+208.7%SCHBPrice change plus distributions, reinvested.
Annualized+3.3%+14.1%SCHBTotal return as a yearly rate.
Price return−0.9%+170.9%SCHBPrice change alone, distributions left out.
Risk
Volatility1.9%18.5%PULSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation1.6%12.9%PULSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−5.9%−33.3%PULSDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.270.66SCHBReturn above Treasury bills per unit of volatility.
Sortino0.320.94SCHBReturn above Treasury bills per unit of downside deviation.
Calmar0.570.42PULSAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 444 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PULS SCHB
Only in one fund ↓
Only in PULS
PGIM ETF Trust 1.81%
GLENCORE FUNDING LLC 0.74%
Alexandria Real Estate Equities, Inc. 0.66%
ABN AMRO BANK NV 0.57%
BX TRUST 2022-LBA6 0.51%
FEDERATION DES CAISSES DESJARDINS DU QUEBEC 0.51%
BX TRUST 2018-BILT 0.43%
BROADCOM INC 0.43%
Only in SCHB
NVIDIA Corp 7.20%
Apple Inc 6.27%
Microsoft Corp 5.08%
Amazon.com Inc 3.42%
Alphabet Inc 2.68%
Broadcom Inc 2.36%
Alphabet Inc 2.13%
Meta Platforms Inc 1.69%
Check overlap with more funds →

Side by side

PULS PGIM Ultra Short Bond ETF SCHB Schwab U.S. Broad Market ETF
Where it sits Bond ETF Stock ETF
Issuer PGIM Schwab
What it is Actively managed Tracks an index of US broad market
Total return, 1 year +4.0% +13.4%
Expense ratio 0.15% 0.03%
Holdings 553 2372
Net assets, PULS as of Oct 27, 2026 and SCHB as of Aug 31, 2026 $19.8bn $44.6bn

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

Client brief · page 1 of 2 Report BR-D9662B3C1B

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

  1. What each follows. PULS follows No index, actively managed and SCHB follows Dow Jones U.S. Broad Stock Market Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated May 29, 2026 and Aug 31, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 PULS returned +4.0% and SCHB +13.4% with distributions reinvested, a gap of 9.4 points.

Data as of Oct 28, 2026.

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About each fund
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.

SCHB

SCHB tracks an index of US broad market. Over the year to Oct 28, 2026 it returned +13.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings filed for Aug 31, 2026, 88% of the fund by weight is stocks the S&P 500 also holds, across 2,372 positions, with the top ten at 33.7%.

Questions people ask

Which returned more over the last year, PULS or SCHB?
In the year to Oct 28, 2026, with distributions reinvested, PULS returned +4.0% and SCHB +13.4%.
Which is cheaper, PULS or SCHB?
SCHB is cheaper, by 0.12 percentage points a year. That is about $12 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, PULS against SCHB, data as of Oct 28, 2026. https://etfiq.com/compare/any/puls-vs-schb

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