PGIM Ultra Short Municipal Bond ETF (PUSH) Performance
PUSH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.0% since Dec 31, 2025
- 1 year
- +2.6% total return
- Since first price
- +8.1% since 2024
PUSH trailing returns vs AGG, TLT, SPY
| Period | PUSH total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.7% | +0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | +0.5% | −0.2% | −0.4% | −1.0% | +3.2% |
| 6 months | +1.1% | −0.5% | −1.5% | −3.8% | +7.8% |
| YTD | +2.0% | −0.3% | −1.0% | −3.4% | +12.3% |
| 1 year | +2.6% | −0.5% | −1.1% | −6.9% | +14.4% |
| Since inceptionJun 28, 2024 | +8.1% | +0.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: PUSH vs AGG
From Jun 28, 2024: PUSH grew to $10,814, AGG to $10,831.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PUSH returns by calendar year
1 of 1 full years positive. Best 2025 (+4.2%), worst 2025 (+4.2%). 2026 is year to date.
PUSH annual returns table
| Year | PUSH | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +2.0% | −1.3% | −1.0% | −3.4% | +12.3% |
| 2025 | +4.2% | −0.8% | +7.2% | +4.3% | +17.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
PUSH risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +3.1% |
| Volatility (annualized) | 1.1% |
| Sharpe ratio | -0.96 |
| Sortino ratio | -1.00 |
| Best month | +0.7% |
| Worst month | −0.9% |
| Best 12 months | +4.2% |
| Worst 12 months | +1.9% |
| Positive months | 85% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
PUSH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 17 | +1.9% | +3.8% | +4.2% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
PUSH performance overview
PGIM Ultra Short Municipal Bond ETF (PUSH) returned +2.6% over the past year, with distributions reinvested. Since its first recorded price on Jun 28, 2024 it has returned +8.1%. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: PUSH chart, PUSH dividends, PUSH bond profile. See the PUSH overview for the latest quote and fund facts.
PUSH performance FAQ
What is the PUSH return over the past year?
PUSH returned +2.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 0.5%.
How much would $10,000 invested in PUSH be worth?
$10,000 invested in PUSH at its first recorded close on June 28, 2024 would be worth about $10,814 on October 23, 2026 with distributions reinvested.
How volatile is PUSH?
Over the past history PUSH had an annualized volatility of 1.1% and a Sharpe ratio of -0.96 (excess return over 1–3 month T-bills per unit of risk).