Data as of Oct 28, 2026.

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PULS vs VTV: Differences, Returns & Fees

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Over the year to Oct 28, 2026, PULS returned +4.0% to VTV's +23.5%; 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 $184.2bn on Sep 30, 2026 for Vanguard Morningstar Value ETF.

At a glance
+4.0%
PULS total return, 1 year
+23.5%
VTV total return, 1 year
0.15%
PULS expense ratio
0.03%
VTV expense ratio

Pair scorecard

VTV costs 0.12 points a year less; their one-year returns differ by 19.5 points.

PULS vs VTV: Differences, Returns & Fees
MeasurePULSVTV
Return
Total return, 1 year+4.0%+23.5%
Benchmark
What it tracksNo index, actively managedMorningstar US Large Cap Value Index
Cost and size
Expense ratio0.15%0.03%
Net assets, PULS as of Oct 27, 2026 and VTV as of Sep 30, 2026$19.8bn$184.2bn
Holdings
Holdings in common0%
In the S&P 500, by weight98%
Top ten holdings, share of the fund23.6%

Holdings in common uses holdings dated May 29, 2026 and Sep 30, 2026. Method

Risk and return

Apr 20, 2018 to Oct 23, 2026 · 444 weekly returns
PULS VTV
Return
Total return edge VTV +32.2% +165.5%
Annualized edge VTV +3.3% +12.1%
Price return edge VTV −0.9% +114.9%
Risk
Volatility edge PULS 1.9% 17.1%
Max drawdown edge PULS −5.9% −34.0%
Risk-adjusted
Sharpe edge VTV 0.27 0.59
Sortino edge VTV 0.32 0.83
Calmar edge PULS 0.57 0.36
Reading

VTV returned more: +165.5% to +32.2%. PULS swung less: 1.9% to 17.1%. PULS fell less at its worst: −5.9% to −34.0%.

Full scorecard

9 measures, with how each is measured
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Risk and return: PULS vs VTV: Differences, Returns & Fees
MeasurePULSVTVEdgeHow it is measured
Return
Total return+32.2%+165.5%VTVPrice change plus distributions, reinvested.
Annualized+3.3%+12.1%VTVTotal return as a yearly rate.
Price return−0.9%+114.9%VTVPrice change alone, distributions left out.
Risk
Volatility1.9%17.1%PULSSpread of weekly returns, annualized. Lower is steadier.
Downside deviation1.6%12.3%PULSLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−5.9%−34.0%PULSDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.270.59VTVReturn above Treasury bills per unit of volatility.
Sortino0.320.83VTVReturn above Treasury bills per unit of downside deviation.
Calmar0.570.36PULSAnnualized 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 VTV hold 0% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Sep 30, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first PULS VTV
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 VTV
Micron Technology Inc 4.56%
JPMorgan Chase & Co 3.33%
Berkshire Hathaway Inc 2.92%
ExxonMobil Holdings Corp 2.56%
Johnson & Johnson 2.42%
AbbVie Inc 1.75%
Walmart Inc 1.72%
Chevron Corp 1.45%
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Side by side

PULS PGIM Ultra Short Bond ETF VTV Vanguard Morningstar Value ETF
Where it sits Bond ETF Stock ETF
Issuer PGIM Vanguard
What it is Actively managed Tracks an index of US value
Total return, 1 year +4.0% +23.5%
Expense ratio 0.15% 0.03%
Holdings 553 300
Net assets, PULS as of Oct 27, 2026 and VTV as of Sep 30, 2026 $19.8bn $184.2bn

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

Client brief

No client brief for this pair: the two funds' holdings are dated 124 days apart.

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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.

VTV

VTV tracks an index of US value. Over the year to Oct 28, 2026 it returned +23.5% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 98% of the fund by weight is stocks the S&P 500 also holds, across 300 positions, with the top ten at 23.6%.

Questions people ask

Which returned more over the last year, PULS or VTV?
In the year to Oct 28, 2026, with distributions reinvested, PULS returned +4.0% and VTV +23.5%.
Which is cheaper, PULS or VTV?
VTV 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 VTV, data as of Oct 28, 2026. https://etfiq.com/compare/any/puls-vs-vtv

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