Snapshot*
Top 10 Holdings
What is PULS?
The investment objective of PGIM Ultra Short Bond ETF is to seek total return through a combination of current income and capital appreciation, consistent with preservation of capital. The fund invests primarily in a portfolio of investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt instruments. Under normal market conditions, it invests at least 80% of its investable assets in bonds with varying maturities. Although the fund may invest in instruments of any duration or maturity, it normally will seek to maintain a weighted average portfolio duration of one year or less and a weighted average maturity of three years or less. The Fund s weighted average portfolio duration and maturity, however, may be longer at any time or from time to time based on market conditions.
PULSPerformance Measures**
for the time period Apr 10, 2018 to Aug 6, 2026
1M Trailing Return: 0.7%
The percent change in the value over the most recent 1-month period.
3M Trailing Return: 1.4%
The percent change in the value over the most recent 3-month period.
Max Drawdown: -5.9%
The greatest percent loss from peak to trough in value over the time period.
Standard Deviation: 1.3%
The typical amount that daily returns vary from the mean of the returns over the time period, standardized to a period of a year.
Sharpe Ratio: 2.55
The annualized arithmetic mean of the daily returns divided by the annualized standard deviation of the daily returns for the selected time period.
Calmar Ratio: 0.58
The annualized return divided by the max drawdown for the selected time period.
ETFs related toPULS
ETFs correlated to PULS include VNLA, NEAR, IBTH
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Trading Strategies
Related toPULS
v 0.0.2 |🧪Combo Breaker
Category
Trend-following, momentum, mean-reversion, volatility hedging, leveraged ETFs, tactical allocation
OOS Cumulative Return
112.93%
V1a Rebalanced Kearsarge - 13% Threshold - Replace BOXX w/ USDU + v4 Pops + v1.2.1 USDU Commodities
Category
Tactical multi-asset, volatility hedged, leveraged tech tilt, bond/dollar rotation, defensive sleeves, trend + mean reversion
OOS Cumulative Return
80.3%
Create your own algorithmic trading strategy with PULS using Composer
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.