JPST vs PULS: Holdings Overlap
JPSTJPMorgan Ultra-Short Income ETF
JPMorgan · 727 holdings · $40.4B · as of 2026-05-31
PGIM · 553 holdings · $18.3B · as of 2026-05-29
How similar are JPST and PULS?
JPMorgan Ultra-Short Income ETF (JPST, by JPMorgan) holds 727 positions; PGIM Ultra Short Bond ETF (PULS, by PGIM) holds 553. They have 80 holdings in common, and by portfolio weight the two funds are 6.9% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 6.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 80JPST holds 727 · PULS holds 553
- Weight in Shared Holdings
- JPST 9%·PULS 12%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in JPST
647 of 727 positions (70.0% of the fund) are not held by PULS. Showing the top 30 by weight.
- U.S. Treasury Notes2.31%
- U.S. Treasury Notes0.70%
- Capital One Financial Corp.0.59%
- Athene Global Funding0.58%
- U.S. Treasury Notes0.52%
- AbbVie, Inc.0.51%
Only in PULS
473 of 553 positions (64.4% of the fund) are not held by JPST. Showing the top 30 by weight.
- PGIM AAA CLO ETF1.81%
- GLENCORE FUNDING LLC 0% CP 17/06/20260.74%
- Alexandria Real Estate Equities, Inc. 0% CP 01/06/20260.66%
- ABNANV 4.718 01/22/27 144A0.57%
- BX 2022-LBA6 A0.51%
- Federation des Caisses Desjardins du Quebec0.51%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| JPST | +0.4% | +2.1% | +4.0% | +5.1% | +3.7% | — | 4.20% |
| PULS | +0.0% | +2.1% | +4.1% | +5.3% | +4.2% | — | 4.12% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in JPST vs PULS →
Shared Holdings(80)
The top 10 shared positions account for 34% of the overlap, led by Federation des Caisses Desjardins du Quebec, T-Mobile USA, Inc. and New York Life Global Funding.
| Federation des Caisses Desjardins du Quebec | 0.50% | 0.31% | 0.31% |
|---|---|---|---|
| T-Mobile USA, Inc. | 0.47% | 0.31% | 0.31% |
| New York Life Global Funding | 0.22% | 0.25% | 0.22% |
| RTX Corp. | 0.22% | 0.25% | 0.22% |
| Pacific Life Global Funding II | 0.38% | 0.22% | 0.22% |
| Amazon.com, Inc. | 0.22% | 0.24% | 0.22% |
| American Honda Finance Corp. | 0.28% | 0.21% | 0.21% |
| CarVal CLO Ltd., Series 2019-1A, Class AR2 | 0.26% | 0.21% | 0.21% |
| NatWest Group plc | 0.20% | 0.32% | 0.20% |
| Bank of America Corp. | 0.24% | 0.20% | 0.20% |
| NatWest Markets plc | 0.19% | 0.39% | 0.19% |
| Zoetis, Inc. | 0.19% | 0.21% | 0.19% |
| Alimentation Couche-Tard, Inc. | 0.19% | 0.19% | 0.19% |
| ONEOK, Inc. | 0.18% | 0.32% | 0.18% |
| Corebridge Global Funding | 0.29% | 0.15% | 0.15% |
| Stryker Corp. | 0.15% | 0.18% | 0.15% |
| American Express Co. | 0.19% | 0.15% | 0.15% |
| AbbVie, Inc. | 0.14% | 0.20% | 0.14% |
| Madison Park Funding Ltd., Series 2021-52A, Class AR | 0.13% | 0.15% | 0.13% |
| Georgia-Pacific LLC | 0.13% | 0.13% | 0.13% |
| Broadcom, Inc. | 0.13% | 0.43% | 0.13% |
| General Motors Financial Co., Inc. | 0.14% | 0.12% | 0.12% |
| Amphenol Corp. | 0.11% | 0.16% | 0.11% |
| BMW US Capital LLC | 0.11% | 0.12% | 0.11% |
| Toronto-Dominion Bank (The) | 0.18% | 0.11% | 0.11% |
Frequently Asked Questions
How much do JPST and PULS overlap?
JPST and PULS overlap by 6.9% of portfolio weight. They share 80 holdings (JPST holds 727 positions and PULS holds 553), based on each fund's latest SEC-reported holdings.
Is it redundant to own both JPST and PULS?
The two portfolios are 6.9% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of JPST and PULS?
The largest positions held by both funds are Federation des Caisses Desjardins du Quebec, T-Mobile USA, Inc., New York Life Global Funding, RTX Corp. and Pacific Life Global Funding II. Together the top 10 shared positions account for 34% of the total overlap.
What does JPST own that PULS doesn't?
647 positions (70.0% of JPST) are unique to JPST, led by U.S. Treasury Notes, U.S. Treasury Notes and Capital One Financial Corp.. In the other direction, 473 positions (64.4% of PULS) are unique to PULS.