Which returned more over the last year, PULS or SHY?

In the year to Oct 28, 2026, with distributions reinvested, PULS returned +4.0% and SHY +1.6%.

Which is cheaper, PULS or SHY?

Neither: PULS and SHY both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

PULS vs SHY: Differences, Returns & Fees

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PULS's duration was 0.7 years on May 29, 2026 and SHY's 1.8 on Aug 31, 2026; both charge 0.15%.

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Net assets on Oct 27, 2026: $19.8bn for PGIM Ultra Short Bond ETF and $27.4bn for iShares 1-3 Year Treasury Bond ETF.

PULS on its own →SHY on its own →

At a glance

+4.0%

PULS total return, 1 year

+1.6%

SHY total return, 1 year

0.15%

PULS expense ratio

0.15%

SHY expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 2.4 points; SHY is 1.4 times larger.

Points (pts) are percentage points.

PULS vs SHY: Differences, Returns & Fees
Measure	PULS	SHY
Return
Measure	PULS	SHY
Total return, 1 year	+4.0%	+1.6%
Benchmark
Measure	PULS	SHY
What it tracks	No index, actively managed	ICE U.S. Treasury 1-3 Year Bond Index
Cost and size
Measure	PULS	SHY
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$19.8bn	$27.4bn
Holdings
Measure	PULS	SHY
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PULS SHY

T 4.125 11/15/27, due Nov 15, 2027 0.19% 1.35%

T 4.25 01/15/28, due Jan 15, 2028 0.01% 1.34%

Only in one fund ↓

Only in PULS

PGIM AAA CLO ETF 1.81%

Phillips 66 0% CP 22/06/2026, due Jun 22, 2026 0.83%

GLENCORE FUNDING LLC 0% CP 17/06/2026, due Jun 17, 2026 0.74%

Alexandria Real Estate Equities, Inc. 0% CP 01/06/2026, due Jun 1, 2026 0.66%

INTESA SANPAOLO SPA NEW YORK BRANCH 4.27% CP 30/06/2026, due Jun 30, 2026 0.63%

ABNANV 4.718 01/22/27 144A, due Jan 22, 2027 0.57%

Healthpeak Properties Inc 0% CP 24/06/2026, due Jun 24, 2026 0.52%

BX 2022-LBA6 A, due Jan 18, 2039 0.51%

Only in SHY

U.S. Treasury Notes, due Apr 30, 2028 1.97%

U.S. Treasury Notes, due Jan 31, 2028 1.71%

U.S. Treasury Notes, due Jun 30, 2028 1.61%

U.S. Treasury Notes, due Apr 30, 2029 1.51%

U.S. Treasury Notes, due May 31, 2029 1.49%

U.S. Treasury Notes, due Aug 15, 2027 1.48%

U.S. Treasury Notes, due Jun 30, 2029 1.47%

U.S. Treasury Notes, due Feb 15, 2028 1.40%

Check overlap with more funds →

Side by side

PULS PGIM Ultra Short Bond ETF SHY iShares 1-3 Year Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer PGIM iShares

What it is Actively managed Tracks an index of 1-3 Year Treasury Bond

Total return, 1 year +4.0% +1.6%

Its benchmark over the same days not measured +1.7% (BBSB)

Gap to its benchmark not measured −0.1 pts vs BBSB

Expense ratio 0.15% 0.15%

Holdings 553 90

Net assets, as of Oct 27, 2026 $19.8bn $27.4bn

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

Alert

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.

SHY

SHY tracks an index of 1-3 Year Treasury Bond. Over the year to Oct 28, 2026 it returned +1.6% with distributions reinvested, against +1.7% for its benchmark, the ICE U.S. Treasury 1-3 Year Bond Index.

Questions people ask

Which returned more over the last year, PULS or SHY?: In the year to Oct 28, 2026, with distributions reinvested, PULS returned +4.0% and SHY +1.6%.
Which is cheaper, PULS or SHY?: Neither: PULS and SHY both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

PULS vs VGSH IEI vs PULS PULS vs USHY PULS vs VTIP SHV vs SHY SGOV vs SHY SHY vs USFR BOXX vs SHY

Where to next

PULS on its own →SHY on its own →Hold both: look the portfolio through →Rankings →PULS dividend history →PULS holdings →SHY dividend history →SHY holdings →Standards and sources →

Sources and dates

PULS filings on SEC EDGAR ↗

PULS prospectus with the expense ratio (SEC) ↗

PGIM website ↗

SHY filings on SEC EDGAR ↗

SHY prospectus with the expense ratio (SEC) ↗

iShares page for SHY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, PULS against SHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/puls-vs-shy

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