FTSM vs PULS
First Trust Enhanced Short Maturity ETF against PGIM Ultra Short Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
42 shared positions
Fee gap
14 bp
PULS is cheaper
1-year return gap
0.3 pts
PULS is ahead
Larger fund
PULS
$19.7B
Side by side
| FTSM | PULS | |
|---|---|---|
| Fund | First Trust Enhanced Short Maturity ETF | PGIM Ultra Short Bond ETF |
| Issuer | First Trust | PGIM |
| Category | Ultra-Short Bond | Ultra-Short Bond |
| Expense ratio | 0.29% | 0.15% |
| Assets | $6.7B | $19.7B |
| Average daily dollar volume | $49M | $179M |
| Listed | Aug 5, 2014 | Apr 5, 2018 |
| FrenzyCap score | 80 | 90 |
| 1-month return | −0.1% | −0.1% |
| 3-month return | −0.3% | −0.1% |
| Year to date | −0.4% | −0.0% |
| 1-year return | −0.7% | −0.4% |
| 30-day volatility | 1.2% | 1.0% |
| Worst drawdown, 1 year | −1.0% | −0.7% |
| Trailing 12-month yield | 4.09% | 4.38% |
| Holdings | 739 | 730 |
| Top 10 weight | 6.6% | 6.4% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$111M thru Jul 2026 | +$2.1B thru May 2026 |
| 30-day implied volatility | — | 16.2% |
| Holdings as of | as of Oct 20, 2026issuer data | as of May 29, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
7% of FTSM · 6% of PULS| Holding | FTSM | PULS |
|---|---|---|
| T-MOBILE USA INC 3.75%, due 04/15/2027 | 0.52% | 0.31% |
| SALESFORCE INC 4.50%, due 03/15/2028 | 0.30% | 0.32% |
| JPMORGAN CHASE & CO Variable rate, due 01/23/2028 | 0.30% | 0.22% |
| JPMORGAN CHASE & CO Variable rate, due 04/22/2028 | 0.22% | 0.31% |
| Park Avenue Institutional Advisers CLO Series 2019-2A, Class A1RR, Variable rate, due 10/15/2034 | 0.22% | 0.31% |
| RTX CORP 5.75%, due 11/08/2026 | 0.22% | 0.25% |
| ALIMENTATION COUCHE-TARD 4.148%, due 09/29/2028 | 0.22% | 0.19% |
| AMERICAN EXPRESS CO Variable rate, due 02/09/2029 | 0.22% | 0.15% |
| BANK OF AMERICA CORP Variable rate, due 01/20/2028 | 0.15% | 0.20% |
| BROADCOM INC 4.80%, due 04/15/2028 | 0.15% | 0.43% |
| ARTHUR J GALLAGHER & CO 4.60%, due 12/15/2027 | 0.34% | 0.14% |
| CONSTELLATION EN GEN LLC N/C, 3.90%, due 01/08/2028 | 0.22% | 0.13% |
| AMPHENOL CORP 3.80%, due 11/15/2027 | 0.13% | 0.16% |
| GEORGIA POWER CO 4%, due 10/01/2028 | 0.22% | 0.13% |
| AGILENT TECHNOLOGIES INC 4.20%, due 09/09/2027 | 0.37% | 0.13% |
| KEURIG DR PEPPER INC 4.35%, due 05/15/2028 | 0.15% | 0.12% |
| Battalion CLO LTD Series 2021-21A, Class AR, Variable rate, due 07/15/2034 | 0.11% | 0.23% |
| CANADIAN PACIFIC RR CO 4%, due 03/15/2029 | 0.15% | 0.10% |
| WELLS FARGO & COMPANY Variable rate, due 04/22/2028 | 0.37% | 0.09% |
| HOWMET AEROSPACE INC 3.75%, due 03/03/2028 | 0.15% | 0.09% |
| KKR Financial CLO Ltd Series 2022-41A, Class A1, Variable rate, due 04/15/2035 | 0.08% | 0.31% |
| Onslow Bay Financial LLC Series 2025-NQM21, Class A1FC, Variable rate, due 10/25/2065 | 0.08% | 0.13% |
| INTERCONTINENTALEXCHANGE 3.95%, due 12/01/2028 | 0.12% | 0.08% |
| AMPHENOL CORP 3.90%, due 11/15/2028 | 0.22% | 0.08% |
| RTX CORP 3.50%, due 03/15/2027 | 0.30% | 0.07% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FTSM holdings · PULS holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.