GHY vs FLUD

Comparison between PGIM Global High Yield Fund Inc (GHY, ETF) and FRANKLIN ULTRA SHORT BOND ETF (FLUD, ETF).

5-Year PerformanceGHY has outperformed FLUD, delivering a return of +4.6% compared to +3.7%

GHY vs FLUD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHY(ETF)	FLUD(ETF)
Net Assets	$531M	$532M
Expense Ratio	N/A	0.15%
Max Drawdown	55.57%	2.89%
Sharpe Ratio	-0.24	0.28
5Y Beta	0.43	-0.00
5Y Dividends CAGR	1.61%	23.82%

Net Assets

GHY

$531M

Winner

FLUD

$532M

Expense Ratio

GHY

N/A

FLUD

0.15%

Max Drawdown

GHY

55.57%

Winner

FLUD

2.89%

Sharpe Ratio

GHY

-0.24

Winner

FLUD

0.28

5Y Beta

GHY

0.43

Winner

FLUD

-0.00

5Y Dividends CAGR

GHY

1.61%

Winner

FLUD

23.82%

GHY vs FLUD - Historical Returns

Returns include dividend reinvestment.

Period	GHY	FLUD
1 month	+0.28%	+0.25%
3 months	+0.85%	+0.87%
6 months	-3.62%	+1.64%
1 year	-0.19%	+4.12%
5 years(CAGR)	+4.65%	+3.71%
10 years(CAGR)	+6.80%	N/A
Max(CAGR)	+5.45%	+3.25%

Winner

GHY

+0.28%

FLUD

+0.25%

GHY

+0.85%

Winner

FLUD

+0.87%

GHY

-3.62%

Winner

FLUD

+1.64%

GHY

-0.19%

Winner

FLUD

+4.12%

5Y(CAGR)

Winner

GHY

+4.65%

FLUD

+3.71%

10Y(CAGR)

GHY

+6.80%

FLUD

N/A

Max(CAGR)

Winner

GHY

+5.45%

FLUD

+3.25%

GHY vs FLUD - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	GHY	FLUD
2026	-0.03%	+1.83%
2025	+8.75%	+5.04%
2024	+18.99%	+5.42%
2023	+16.12%	+5.96%
2022	-19.80%	+0.18%
2021	+13.81%	+0.07%
2020	+6.26%	+0.77%
2019	+25.23%	N/A
2018	-4.14%	N/A
2017	+4.57%	N/A
2016	+14.99%	N/A
2015	-2.05%	N/A
2014	+1.79%	N/A
2013	-5.63%	N/A
2012	+0.20%	N/A

GHY vs FLUD Drawdown Comparison

The maximum drawdown for GHY was -41.30%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.

The maximum drawdown for FLUD was -1.66%, occurring on Jun 14, 2022. Recovery took 349 trading sessions.

The current GHY drawdown is -5.14%. The current FLUD drawdown is -0.02%.

Rank	GHY	FLUD
#1	-41.30% Feb 19, 2020 - Dec 2, 2020	-1.66% Aug 24, 2021 - Jan 12, 2023
#2	-29.44% Sep 13, 2021 - Jun 12, 2024	-0.65% Mar 13, 2023 - Apr 11, 2023
#3	-16.36% Mar 25, 2025 - Jun 12, 2025	-0.59% Nov 25, 2024 - Jan 15, 2025
#4	-14.81% Jun 17, 2014 - Jun 6, 2016	-0.44% Oct 17, 2025 - Nov 18, 2025
#5	-13.72% Jan 16, 2013 - Jun 13, 2014	-0.40% Oct 7, 2024 - Oct 15, 2024
#6	-11.93% Feb 13, 2026 - Mar 30, 2026	-0.36% Feb 5, 2021 - Jun 24, 2021
#7	-7.87% Jul 9, 2025 - Feb 12, 2026	-0.31% Aug 8, 2025 - Aug 19, 2025
#8	-7.75% Oct 11, 2017 - Jan 30, 2019	-0.30% Sep 25, 2024 - Oct 1, 2024
#9	-6.76% Aug 31, 2016 - Jan 11, 2017	-0.30% Sep 19, 2024 - Sep 23, 2024
#10	-4.13% Jun 30, 2021 - Aug 5, 2021	-0.30% Mar 25, 2026 - Apr 1, 2026
#11	-4.05% Nov 8, 2024 - Nov 22, 2024	-0.29% Sep 5, 2025 - Sep 11, 2025
#12	-3.80% Dec 6, 2024 - Jan 6, 2025	-0.28% Jun 6, 2024 - Jun 25, 2024
#13	-3.64% Jul 18, 2019 - Sep 12, 2019	-0.28% Apr 4, 2025 - Apr 22, 2025
#14	-3.46% Jan 27, 2025 - Feb 5, 2025	-0.27% Aug 7, 2024 - Aug 26, 2024
#15	-3.19% Jun 20, 2016 - Jul 14, 2016	-0.26% Sep 22, 2025 - Oct 7, 2025

Correlation

Correlation between GHY and FLUD is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2013 - 2026)

GHY vs FLUD dividend yield comparison.

Year	GHY	FLUD
2026	5.38%	1.83%
2025	10.21%	4.51%
2024	10.23%	4.97%
2023	11.09%	4.72%
2022	11.62%	1.39%
2021	8.35%	0.92%
2020	8.67%	0.93%
2019	8.04%	0.00%
2018	7.72%	0.00%
2017	7.77%	0.00%
2016	8.53%	0.00%
2015	10.07%	0.00%
2014	11.02%	0.00%
2013	8.65%	0.00%