ETF comparison

PAAAvsPULS

Both US Aggregate Bond.

PGIM AAA CLO ETF · PGIM Ultra Short Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
9.3%

52 positions appear in both funds. Buying equal dollars of PAAA and PULS would leave roughly9.3%of each dollar exposed to the same underlying securities.

PAAA only 94.6%Shared 9.3%PULS only 90.9%
In PAAA only
278 positions
Shared
52 positions
In PULS only
629 positions

Side by side

PAAA

PGIM AAA CLO ETF

PGIM · US Aggregate Bond

81composite / 100
Expense ratio
0.19%
Net assets
$12.40B
TTM yield
4.72%
Top-10 conc.
18.0%
PULS

PGIM Ultra Short Bond ETF

PGIM · US Aggregate Bond

84composite / 100
Expense ratio
0.15%
Net assets
$18.71B
TTM yield
4.42%
Top-10 conc.
7.3%

Sub-score comparison

81
Cost
85
51
Tax efficiency
52
100
Liquidity
100
89
Concentration
100
Tracking quality
PAAAsub-scorePULS

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

PULS is 4 bps cheaper than PAAA. On a $100,000 position that's about $40/yr more in fees for PAAA.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with PAAA vs PULS.

Top shared holdings

52 shared in total
#HoldingIn PAAAIn PULSOverlap
1ROCKFORD TOWER CLO 2020-1 LTD0.46%0.37%0.37%
2GALAXY XXV CLO LTD0.40%0.33%0.33%
3TIKEHAU US CLO III LTD0.74%0.31%0.31%
4OCTAGON 64 LTD0.44%0.31%0.31%
5ARES XLIV CLO LTD0.67%0.31%0.31%
6JAMESTOWN CLO IX LTD0.41%0.31%0.31%
7KKR CLO 41 LTD0.39%0.31%0.31%
8TRINITAS CLO 2019-11 LTD0.59%0.31%0.31%
9TRINITAS CLO XI LTD0.55%0.31%0.31%
10720 EAST CLO VII LTD0.69%0.31%0.31%
11CIFC FUNDING 2021-VII LTD0.30%0.31%0.30%
12ICG US CLO 2020-1 LTD0.30%0.31%0.30%

Only in PAAA

278 total
  • CBAMR LTD1.92%
  • Regatta XXVII Funding Ltd / Regatta XXVII Funding LLC1.58%
  • ELEVATION CLO 2021-12 LTD1.13%
  • OCTAGON INVESTMENT PARTNERS 31 LTD1.04%
  • Cbam 2020-13 Ltd.0.99%
  • ELMWOOD CLO 25 LTD0.99%
  • NEUBERGER BERMAN LOAN ADVISERS CLO 33 LTD0.96%
  • RR 27 LTD0.93%
  • AGL CLO I LTD0.87%
  • RAD CLO 25 LTD0.80%

Only in PULS

629 total
  • PGIM ETF Trust1.81%
  • Phillips 660.83%
  • GLENCORE FUNDING LLC0.74%
  • Alexandria Real Estate Equities, Inc.0.66%
  • INTESA SANPAOLO SPA NEW YORK BRANCH0.63%
  • ABN AMRO BANK NV0.57%
  • Healthpeak Properties Inc0.52%
  • BX TRUST 2022-LBA60.51%
  • FEDERATION DES CAISSES DESJARDINS DU QUEBEC0.51%
  • Servicenow Inc0.50%

Open PAAA or PULS at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.