Skip to content
← All ETFs
PULS

PGIM Ultra Short Bond ETF

Actively managed ultra-short duration bond ETF. Near-zero rate risk with yield above money market funds. Cash alternative.

TER
0.15%
AUM
$5B
CAGR
3.3%
Volatility
1.7%
Max Drawdown
-2.7%
Data Range
2018-04 → 2026-04

Performance Analysis

Maximum Drawdown History

How far the ETF has fallen from its all-time high at each point. Deeper = more painful.

Current DD0.0%
Worst DD-2.7%
Worst date2020-03

Rolling Returns

Annualized returns over rolling windows. Shows the range of outcomes depending on when you invested.

Avg return3.1%
Best5.9%
Worst1.0%
% positive100%
61 periods

Key Facts

ISIN
US69346R1095
Issuer
Invesco
Benchmark
ICE BofA 0-1 Year US Corporate Index
Total Expense Ratio (TER)
0.15%
Assets Under Management
$5B approx.
Inception Date
2018-04-05
Domicile
United States
Legal Structure
Open-Ended Fund
Dividend Policy
Distributing (pays dividends)
Replication Method
Physical (Optimized Sampling)
UCITS Status
✗ Not UCITS
Fund Currency
USD
Primary Exchange
NYSE Arca
Number of Holdings
~300
Backtest this ETFOfficial Fund Page

Who Is This ETF For?

Portfolio stabilizer and income generator. Reduces overall portfolio volatility when paired with equities.

Key Risks to Consider

Interest rate risk: bond prices fall when rates rise.

Non-UCITS: may have unfavorable tax treatment for non-US investors (US estate tax, withholding tax).

Similar ETFs

Related Tools

Data & Methodology

Metadata sourced from official issuer documentation. Price data from Yahoo Finance (monthly adjusted close, includes reinvested dividends and splits). AUM figures are approximate and updated quarterly.

Data source: Yahoo Finance (adjusted close), PGIM (metadata)Last verified: 2026-04-17