XFIV
BondBloxx Bloomberg Five Year Target Duration US Treasury ETF
stock NYSE ETF

yes, that's what puzzled me -- lower rated securities.
I think the (avg) duration is the difference maker. JPST is 0.76 years. PGIM is 0.2
It's like PGIM is "too short"? Considering the medium end of curve is falling more then the short.
It's possible the makeup of PULS has changed since COVID?

You might like the BondBloxx series of ETFs then. I have XONE and XFIV in my portfolio. There are others.

yes, that's what puzzled me -- lower rated securities.
I think the (avg) duration is the difference maker. JPST is 0.76 years. PGIM is 0.2
It's like PGIM is "too short"? Considering the medium end of curve is falling more then the short.
It's possible the makeup of PULS has changed since COVID?

You might like the BondBloxx series of ETFs then. I have XONE and XFIV in my portfolio. There are others.