ULST vs FLRT

Comparison between STATE STREET(R) ULTRA SHORT TERM BOND ETF (ULST, ETF) and PACER ARISTOTLE PACIFIC FLOATING RATE HIGH INCOME ETF (FLRT, ETF).

5-Year PerformanceFLRT has outperformed ULST, delivering a return of +5.9% compared to +3.5%

ULST vs FLRT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ULST(ETF)	FLRT(ETF)
Net Assets	$600M	$601M
Expense Ratio	0.20%	0.60%
Max Drawdown	6.34%	25.83%
Sharpe Ratio	0.36	1.32
5Y Beta	-0.01	0.08
5Y Dividends CAGR	37.68%	16.80%

Net Assets

ULST

$600M

Winner

FLRT

$601M

Expense Ratio

Winner

ULST

0.20%

FLRT

0.60%

Max Drawdown

Winner

ULST

6.34%

FLRT

25.83%

Sharpe Ratio

ULST

0.36

Winner

FLRT

1.32

5Y Beta

Winner

ULST

-0.01

FLRT

0.08

5Y Dividends CAGR

Winner

ULST

37.68%

FLRT

16.80%

ULST vs FLRT - Historical Returns

Returns include dividend reinvestment.

Period	ULST	FLRT
1 month	+0.25%	+0.61%
3 months	+0.63%	+2.52%
6 months	+1.59%	+2.19%
1 year	+3.89%	+5.81%
5 years(CAGR)	+3.51%	+5.94%
10 years(CAGR)	+2.69%	+4.98%
Max(CAGR)	+2.20%	+4.47%

ULST

+0.25%

Winner

FLRT

+0.61%

ULST

+0.63%

Winner

FLRT

+2.52%

ULST

+1.59%

Winner

FLRT

+2.19%

ULST

+3.89%

Winner

FLRT

+5.81%

5Y(CAGR)

ULST

+3.51%

Winner

FLRT

+5.94%

10Y(CAGR)

ULST

+2.69%

Winner

FLRT

+4.98%

Max(CAGR)

ULST

+2.20%

Winner

FLRT

+4.47%

ULST vs FLRT - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	ULST	FLRT
2026	+1.21%	+1.56%
2025	+4.81%	+6.21%
2024	+5.25%	+9.20%
2023	+5.59%	+14.46%
2022	+0.87%	-2.73%
2021	+0.21%	+3.19%
2020	+1.45%	+2.59%
2019	+3.25%	+9.49%
2018	+1.94%	-0.90%
2017	+1.29%	+1.71%
2016	+1.54%	+9.89%
2015	+0.14%	-2.73%
2014	+0.29%	N/A
2013	+0.22%	N/A

ULST vs FLRT Drawdown Comparison

The maximum drawdown for ULST was -6.20%, occurring on Mar 25, 2020. Recovery took 81 trading sessions.

The maximum drawdown for FLRT was -20.96%, occurring on Mar 24, 2020. Recovery took 205 trading sessions.

The current ULST drawdown is -0.05%. The current FLRT drawdown is -0.32%.

Rank	ULST	FLRT
#1	-6.20% Mar 5, 2020 - Jun 30, 2020	-20.96% Jan 21, 2020 - Nov 10, 2020
#2	-1.22% Oct 5, 2021 - Nov 23, 2022	-7.60% Jan 20, 2022 - Feb 1, 2023
#3	-0.54% Aug 5, 2024 - Aug 13, 2024	-6.60% Jan 19, 2017 - Aug 15, 2018
#4	-0.54% May 2, 2014 - Jul 22, 2014	-4.88% Aug 27, 2018 - Mar 5, 2019
#5	-0.51% Jan 31, 2025 - Feb 11, 2025	-4.41% Nov 25, 2016 - Dec 13, 2016
#6	-0.50% Feb 8, 2016 - Apr 7, 2016	-4.18% May 27, 2015 - Apr 25, 2016
#7	-0.49% Nov 12, 2014 - Jun 1, 2015	-3.67% Dec 13, 2016 - Jan 19, 2017
#8	-0.44% Jun 1, 2015 - Feb 8, 2016	-2.87% Feb 28, 2025 - May 13, 2025
#9	-0.39% Jul 22, 2014 - Nov 3, 2014	-2.39% Aug 15, 2018 - Aug 27, 2018
#10	-0.39% Sep 18, 2020 - Nov 25, 2020	-2.39% Oct 7, 2016 - Nov 11, 2016
#11	-0.37% Apr 3, 2025 - Apr 16, 2025	-2.19% Nov 11, 2016 - Nov 25, 2016
#12	-0.34% May 31, 2016 - Jun 8, 2016	-1.78% Jan 16, 2026 - Apr 24, 2026
#13	-0.32% Jun 10, 2016 - Jul 18, 2016	-1.65% Jun 8, 2016 - Jul 14, 2016
#14	-0.27% May 19, 2016 - May 31, 2016	-1.61% Feb 9, 2023 - Apr 4, 2023
#15	-0.27% Jan 13, 2014 - Feb 25, 2014	-1.59% May 14, 2015 - May 21, 2015

Correlation

Correlation between ULST and FLRT is 0.99 which considered as a very strong positive correlation - the stocks move almost identically together.

0.99

-101

Dividend Comparison (2013 - 2026)

ULST vs FLRT dividend yield comparison.

Year	ULST	FLRT
2026	1.66%	2.35%
2025	4.46%	6.93%
2024	5.03%	7.93%
2023	4.45%	8.40%
2022	1.70%	5.81%
2021	0.54%	3.16%
2020	1.34%	3.52%
2019	2.56%	4.30%
2018	2.13%	3.95%
2017	1.21%	3.20%
2016	0.93%	3.38%
2015	0.37%	3.21%
2014	0.34%	0.00%
2013	0.07%	0.00%