PULS vs SPY: Holdings Overlap
PGIM · 553 holdings · $18.3B · as of 2026-05-29
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 69 days apart (PULS: 2026-05-29, SPY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are PULS and SPY?
PGIM Ultra Short Bond ETF (PULS, by PGIM) holds 553 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0PULS holds 553 · SPY holds 504
- Weight in Shared Holdings
- PULS 0%·SPY 0%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 PULS
553 of 553 positions (76.0% of the fund) are not held by SPY. 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 |
|---|---|---|---|---|---|---|---|
| PULS | +0.0% | +2.1% | +4.1% | +5.3% | +4.2% | — | 4.12% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
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 PULS vs SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PULS and SPY overlap?
PULS and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (PULS holds 553 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PULS and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does PULS own that SPY doesn't?
553 positions (76.0% of PULS) are unique to PULS, led by PGIM AAA CLO ETF, GLENCORE FUNDING LLC 0% CP 17/06/2026 and Alexandria Real Estate Equities, Inc. 0% CP 01/06/2026. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.