ULST vs FLUD

Comparison between STATE STREET(R) ULTRA SHORT TERM BOND ETF (ULST, ETF) and FRANKLIN ULTRA SHORT BOND ETF (FLUD, ETF).

5-Year PerformanceFLUD has outperformed ULST, delivering a return of +3.7% compared to +3.6%

ULST vs FLUD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ULST(ETF)	FLUD(ETF)
Net Assets	$533M	$532M
Expense Ratio	0.20%	0.15%
Max Drawdown	6.34%	2.89%
Sharpe Ratio	-0.23	0.28
5Y Beta	-0.01	-0.00
5Y Dividends CAGR	39.62%	23.82%

Net Assets

Winner

ULST

$533M

FLUD

$532M

Expense Ratio

ULST

0.20%

Winner

FLUD

0.15%

Max Drawdown

ULST

6.34%

Winner

FLUD

2.89%

Sharpe Ratio

ULST

-0.23

Winner

FLUD

0.28

5Y Beta

Winner

ULST

-0.01

FLUD

-0.00

5Y Dividends CAGR

Winner

ULST

39.62%

FLUD

23.82%

ULST vs FLUD - Historical Returns

Returns include dividend reinvestment.

Period	ULST	FLUD
1 month	+0.24%	+0.25%
3 months	+0.72%	+0.87%
6 months	+1.42%	+1.64%
1 year	+3.70%	+4.12%
5 years(CAGR)	+3.58%	+3.71%
10 years(CAGR)	+2.67%	N/A
Max(CAGR)	+2.21%	+3.25%

ULST

+0.24%

Winner

FLUD

+0.25%

ULST

+0.72%

Winner

FLUD

+0.87%

ULST

+1.42%

Winner

FLUD

+1.64%

ULST

+3.70%

Winner

FLUD

+4.12%

5Y(CAGR)

ULST

+3.58%

Winner

FLUD

+3.71%

10Y(CAGR)

ULST

+2.67%

FLUD

N/A

Max(CAGR)

ULST

+2.21%

Winner

FLUD

+3.25%

ULST vs FLUD - Annual Returns (2013 - 2026)

Returns include dividend reinvestment.

Year	ULST	FLUD
2026	+1.57%	+1.83%
2025	+4.81%	+5.04%
2024	+5.25%	+5.42%
2023	+5.59%	+5.96%
2022	+0.87%	+0.18%
2021	+0.21%	+0.07%
2020	+1.45%	+0.77%
2019	+3.25%	N/A
2018	+1.94%	N/A
2017	+1.29%	N/A
2016	+1.54%	N/A
2015	+0.14%	N/A
2014	+0.29%	N/A
2013	+0.22%	N/A

ULST vs FLUD Drawdown Comparison

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

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

The current ULST drawdown is -0.04%. The current FLUD drawdown is -0.02%.

Rank	ULST	FLUD
#1	-6.20% Mar 5, 2020 - Jun 30, 2020	-1.66% Aug 24, 2021 - Jan 12, 2023
#2	-1.22% Oct 5, 2021 - Nov 23, 2022	-0.65% Mar 13, 2023 - Apr 11, 2023
#3	-0.54% Aug 5, 2024 - Aug 13, 2024	-0.59% Nov 25, 2024 - Jan 15, 2025
#4	-0.54% May 2, 2014 - Jul 22, 2014	-0.44% Oct 17, 2025 - Nov 18, 2025
#5	-0.51% Jan 31, 2025 - Feb 11, 2025	-0.40% Oct 7, 2024 - Oct 15, 2024
#6	-0.50% Feb 8, 2016 - Apr 7, 2016	-0.36% Feb 5, 2021 - Jun 24, 2021
#7	-0.49% Nov 12, 2014 - Jun 1, 2015	-0.31% Aug 8, 2025 - Aug 19, 2025
#8	-0.44% Jun 1, 2015 - Feb 8, 2016	-0.30% Sep 25, 2024 - Oct 1, 2024
#9	-0.39% Jul 22, 2014 - Nov 3, 2014	-0.30% Sep 19, 2024 - Sep 23, 2024
#10	-0.39% Sep 18, 2020 - Nov 25, 2020	-0.30% Mar 25, 2026 - Apr 1, 2026
#11	-0.37% Apr 3, 2025 - Apr 16, 2025	-0.29% Sep 5, 2025 - Sep 11, 2025
#12	-0.34% May 31, 2016 - Jun 8, 2016	-0.28% Jun 6, 2024 - Jun 25, 2024
#13	-0.32% Jun 10, 2016 - Jul 18, 2016	-0.28% Apr 4, 2025 - Apr 22, 2025
#14	-0.27% May 19, 2016 - May 31, 2016	-0.27% Aug 7, 2024 - Aug 26, 2024
#15	-0.27% Jan 13, 2014 - Feb 25, 2014	-0.26% Sep 22, 2025 - Oct 7, 2025

Correlation

Correlation between ULST and FLUD is 1.00 which considered as a very strong positive correlation - the stocks move almost identically together.

1.00

-101

Dividend Comparison (2013 - 2026)

ULST vs FLUD dividend yield comparison.

Year	ULST	FLUD
2026	1.99%	1.83%
2025	4.46%	4.51%
2024	5.03%	4.97%
2023	4.45%	4.72%
2022	1.70%	1.39%
2021	0.54%	0.92%
2020	1.34%	0.93%
2019	2.56%	0.00%
2018	2.13%	0.00%
2017	1.21%	0.00%
2016	0.93%	0.00%
2015	0.37%	0.00%
2014	0.34%	0.00%
2013	0.07%	0.00%