PULS vs TBUX: Differences, Returns & Fees

PULS's duration was 0.7 years on May 29, 2026 and TBUX's 0.7 on May 31, 2026; PULS charges 0.15% to TBUX's 0.17%. Net assets on Oct 19, 2026: $19.8bn for PGIM Ultra Short Bond ETF and $1.9bn for T. Rowe Price Ultra Short-Term Bond ETF.

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Answers cite the figures on this page.

PULS costs 0.02 points a year less; their one-year returns differ by 0.2 points; PULS is 10.2 times larger.

PULS vs TBUX: Differences, Returns & Fees
PULSTBUX
Expense ratio0.15%0.17%
Net assets, as of Oct 19, 2026$19.8bn$1.9bn
Total return, 1 year+4.1%+3.9%
What it tracksNo index, actively managedNo index, actively managed
Holdings in commonreport dates differ

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

+4.1%
PULS total return, 1 year
+3.9%
TBUX total return, 1 year
0.15%
PULS expense ratio
0.17%
TBUX expense ratio

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Client brief · page 1 of 2Report BR-00C4E27090

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

  1. Size. PULS has $19.8bn in net assets and TBUX $1.9bn (net assets, as of Oct 19, 2026); PULS is 10.4 times larger.
  2. What each follows (similar). Both follow No index, actively managed.
  3. One-year total return (similar). Over 1 year to Oct 20, 2026 PULS returned +4.1% and TBUX +3.9% with distributions reinvested, a gap of 0.2 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

PULS
PGIM Ultra Short Bond ETF
TBUX
T. Rowe Price Ultra Short-Term Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Actively managed
Total return, 1 year +4.1% +3.9%
Its benchmark over the same days not measured −1.9% (AGG)
Gap to its benchmark not measured +5.8 pts vs AGG
Expense ratio 0.15% 0.17%
Holdings 553 622
Net assets, as of Oct 19, 2026 $19.8bn $1.9bn

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

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.

About TBUX

TBUX is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +3.9% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.17% a year.

Questions people ask

Which returned more over the last year, PULS or TBUX?
In the year to Oct 20, 2026, with distributions reinvested, PULS returned +4.1% and TBUX +3.9%.
Which is cheaper, PULS or TBUX?
PULS is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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