PSH vs SHDG
Comparison between PGIM SHORT DURATION HIGH YIELD ETF (PSH, ETF) and SOUNDWATCH HEDGED EQUITY ETF (SHDG, ETF).
PSH vs SHDG - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PSH
$163M
SHDG
$162M
Expense Ratio
Winner
PSH
0.45%
SHDG
0.91%
Max Drawdown
Winner
PSH
4.75%
SHDG
15.84%
Sharpe Ratio
PSH
0.58
Winner
SHDG
0.70
5Y Beta
Winner
PSH
0.13
SHDG
0.65
PSH vs SHDG - Historical Returns
Returns include dividend reinvestment.
1M
PSH
+0.37%
Winner
SHDG
+0.50%
3M
PSH
+1.02%
Winner
SHDG
+2.95%
6M
Winner
PSH
+2.16%
SHDG
+1.20%
1Y
PSH
+5.53%
Winner
SHDG
+9.16%
Max(CAGR)
PSH
+7.08%
Winner
SHDG
+14.12%
PSH vs SHDG - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | PSH | SHDG |
|---|---|---|
| 2026 | +2.58% | +1.57% |
| 2025 | +7.23% | +11.41% |
| 2024 | +8.51% | +20.29% |
| 2023 | +0.38% | +18.35% |
| 2022 | N/A | +2.56% |
PSH vs SHDG Drawdown Comparison
The maximum drawdown for PSH was -3.06%, occurring on Apr 8, 2025. Recovery took 43 trading sessions.
The maximum drawdown for SHDG was -15.82%, occurring on Apr 8, 2025. Recovery took 105 trading sessions.
The current PSH drawdown is -0.02%. The current SHDG drawdown is -0.50%.
| Rank | PSH | SHDG |
|---|---|---|
| #1 | -3.06% Mar 3, 2025 - May 2, 2025 | -15.82% Feb 19, 2025 - Jul 22, 2025 |
| #2 | -1.42% Sep 18, 2025 - Dec 24, 2025 | -8.69% Jul 31, 2023 - Dec 12, 2023 |
| #3 | -1.34% Feb 23, 2026 - Apr 1, 2026 | -6.62% Feb 2, 2026 - Jul 6, 2026 |
| #4 | -1.12% Dec 27, 2023 - Jan 25, 2024 | -6.49% Jul 16, 2024 - Aug 30, 2024 |
| #5 | -0.89% Jul 31, 2024 - Aug 13, 2024 | -4.63% Feb 15, 2023 - Mar 31, 2023 |
| #6 | -0.79% Mar 27, 2024 - Apr 29, 2024 | -4.42% Dec 1, 2022 - Jan 26, 2023 |
| #7 | -0.74% Dec 11, 2024 - Jan 3, 2025 | -3.98% Mar 27, 2024 - May 15, 2024 |
| #8 | -0.69% May 6, 2026 - Jun 11, 2026 | -3.75% Aug 30, 2024 - Sep 19, 2024 |
| #9 | -0.55% May 21, 2024 - Jun 3, 2024 | -3.53% Dec 16, 2024 - Feb 13, 2025 |
| #10 | -0.51% Feb 9, 2024 - Feb 23, 2024 | -3.29% Oct 27, 2025 - Nov 28, 2025 |
| #11 | -0.49% Jul 3, 2025 - Jul 23, 2025 | -2.51% Oct 28, 2022 - Nov 10, 2022 |
| #12 | -0.44% May 16, 2025 - May 27, 2025 | -2.33% Dec 11, 2025 - Dec 23, 2025 |
| #13 | -0.43% Sep 30, 2024 - Nov 6, 2024 | -1.94% Oct 8, 2025 - Oct 21, 2025 |
| #14 | -0.43% Nov 8, 2024 - Nov 29, 2024 | -1.94% May 1, 2023 - May 18, 2023 |
| #15 | -0.41% Sep 3, 2025 - Sep 15, 2025 | -1.90% Oct 18, 2024 - Nov 6, 2024 |
Correlation
Correlation between PSH and SHDG is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.
0.97
-101
Dividend Comparison (2022 - 2026)
PSH vs SHDG dividend yield comparison.
| Year | PSH | SHDG |
|---|---|---|
| 2026 | 3.38% | 0.00% |
| 2025 | 6.62% | 0.50% |
| 2024 | 8.35% | 0.62% |
| 2023 | 0.00% | 1.24% |
| 2022 | 0.00% | 0.90% |
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