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PULS - Understand What You Are Buying - Short Duration Bond ETF Analytics
PGIM Ultra Short Bond
Yields are not created equal and most financial website mischaracterize short duration bond ETF yields.
A higher yield does not equate a better short duration ETF.
Risk/reward ratios matter.
When buying short duration bond ETFs investors look for preservation of capital - metrics around months with negative total returns matter more than a yearly performance.