PGIM Ultra Short Bond ETF
Ticker
PULS
ISIN
US69344A107
Price
USD 49.67
Change Today
+0.02 / 0.04 %
Price 1 year ago
46.56 / 6.669 %
Morningstar
5
52 Week Low
46.65
52 Week High
49.67
200 Day Moving Average 48.56
48.56
50-day Moving Average
49.42
Price evolution
Yearly returns
Peers comparison
Risk factors
1 year
| Parameter | Value |
|---|---|
| Sharpe Ratio | 5.63 |
| Sortino Ratio | NaN |
| Maximum Drawdown | 0.0% |
| Maximum Drawdown Date | 2023-11-16 |
| Calmar Ratio | None |
1 year
| Parameter | Value |
|---|---|
| Treynor Ratio | - |
| Return | 0.38 |
| Volatility | 0.208% |
| Alpha | +0.17 |
| Beta | -- |
| R Squared | +34.86 |
History
| Parameter | Value |
|---|---|
| Average Annual Return | 2.999% |
| Average Annual Volatility | 1.458% |
| Sharpe Ratio | 2.06 |
| Sortino Ratio | 0.21 |
| Maximum Drawdown | -6.0% |
| Maximum Drawdown Date | 2020-03-20 |
| Calmar Ratio | -0.52 |
Company information
Summary
The investment seeks 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.
Market
US
Category
Ultrashort Bond
Expense Ratio
0.15%
Fund family
PGIM Investments
Morningstar
5
Yield
0.0218
Exchange
PCX
| Sector | Weight |
|---|---|
| Realestate | 0.00% |
| Consumer cyclical | 0.00% |
| Basic materials | 0.00% |
| Consumer defensive | 0.00% |
| Technology | 0.00% |
| Communication services | 0.00% |
| Financial services | 0.00% |
| Utilities | 0.00% |
| Industrials | 0.00% |
| Energy | 0.00% |
| Healthcare | 0.00% |
None
Holdings
Alternative funds
| Ticker | Name | Isin | Exchange | Expenses | Morningstar | Alpha | Beta |
|---|---|---|---|---|---|---|---|
| ERNA.L | iShares $ Ultrashort Bond UCITS ETF | DE000A1W4WE | LSE | 0.09% | 5 | +0.03 | -- |
| FUMB | First Trust Ultra Short Duration Municipal ETF | US33740J104 | PCX | 0.25% | 4 | -1.28 | -- |
| GSY | Invesco Ultra Short Duration ETF | US46090A887 | PCX | 0.22% | 4 | -0.61 | |
| ICSH | iShares Ultra Short-Term Bond ETF | IE00BCRY6557 | BTS | 0.08% | 4 | -0.33 | |
| JMST | JPMorgan Ultra-Short Municipal Income ETF | US46641Q654 | BTS | 0.18% | 5 | -0.99 | -- |
| JPST | JPMorgan Ultra-Short Income ETF | US46641Q837 | PCX | 0.18% | 5 | -0.35 | |
| PULS | PGIM Ultra Short Bond ETF | US69344A107 | PCX | 0.15% | 5 | +0.17 | -- |
| ULST | SPDR SSgA Ultra Short Term Bond ETF | US78467V707 | PCX | 0.20% | 4 | -0.33 |
Sustainability scores
Events
Indicators
Glossary
- Momentum
- A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
- Inertia
- In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
- Relative Strength Index (RSI)
- A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
- Fibonacci's Weighted Moving Average
- A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
- Williams %R
- A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
- Relative Volatility Index (RVI)
- A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
- Commodity Channel Index (CCI)
- A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.