PUSHvsMBNDETF Comparison
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PGIM Ultra Short Municipal Bond ETF (PUSH) and State Street SPDR Nuveen Municipal Bond ETF (MBND) belong to the same industry segment: Municipal Bonds. PUSH's top 2 sector exposures are Municipal and Non-Corporate. In contrast, MBND's top sector exposures are Municipal. PUSH is less expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.4% for MBND. PUSH is up 1.56% year-to-date (YTD) with +$131M in YTD flows. MBND performs worse with -2.35% YTD performance, and -$1M in YTD flows. Run a side-by-side ETF comparison of PUSH and MBND below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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PUSH vs MBND performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PUSH MBND | -0.11%-0.34% | -0.12%-3.04% | +1.56%-2.35% | +2.20%-1.74% | n/a+10.51% | n/a+0.07% |
| Flows | PUSH MBND | +$40M-$1M | +$74M-$1M | +$131M-$1M | +$134M-$3M | --$19M | --$16M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PUSH MBND | +1.12%+4.80% | +0.70%+2.99% | n/a+3.66% | n/a+3.49% |
| Max drawdown | PUSH MBND | -1.19%-5.42% | -1.19%-6.30% | n/a-6.30% | n/a-13.12% |
| Max drawdown duration | PUSH MBND | 46d92d | 46d229d | n/a229d | n/a1363d |
Trading data
PUSH | MBND | |
Last sale 10/19/2026 at 1:30 PM | $50.13 | $26.00 |
| Previous close 10/16/2026 | $50.17 | $26.00 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
PUSH | MBND | |
|---|---|---|
| Last price | $50.13 | $26.00 |
| 1D performance | -0.08% | -0.02% |
| AuM | $176.07 M | $24.88 M |
| E/R | 0.15% | 0.4% |
Characteristics
PUSH | MBND | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | PGIM | State Street Investment Management |
| Benchmark | - | - |
| N° of holdings | 77 | 22 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 28, 2024 | February 4, 2021 |
| ESG | No | No |
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Exposure
Countries
PUSH
USA
29.54%
Other
70.46%
MBND
USA
27.73%
Other
72.27%
Sectors
PUSH
Municipal
24.99%
Other
75.01%
MBND
Municipal
27.73%
Other
72.27%
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Diversification
PUSH
Total weight of top 15 holdings out of 15
19.18%
MBND
Total weight of top 15 holdings out of 15
36.73%
Top 15 holdings
Data as of August 31, 2026
PUSH
PGIM Core Government Money Market Fund
4.55%
US04062PCC32
1.41%
Michigan Finance Authority, 5% 1dec2037, USD (2017A)
1.38%
US92162PAM77
1.33%
Main Street Natural Gas Inc., 4% 1jul2052, USD (2021A)
1.13%
US880443JF46
1.07%
Southeast Energy Authority, 5.25% 1jan2054, USD (2023A)
1.04%
US781741AV51
1.02%
Kentucky Public Energy Authority, 4% 1feb2050, USD
1.02%
Chandler Industrial Development Authority, 4% 1jun2049, USD (2019)
0.95%
US358388TR77
0.90%
Texas Municipal Gas Acquisition and Supply Corp., 5.5% 1jan2054, USD (2023A)
0.90%
US57584XEF42
0.83%
US686430GE38
0.83%
US652276DB90
0.80%
MBND
US040664NJ98
2.94%
US91756SAR40
2.84%
New Mexico, 4% 1aug2039, USD (2017A)
2.74%
US64971PKD68
2.72%
US797661G828
2.58%
Southeast Energy Authority, 5% 1nov2035, USD (2024A)
2.51%
US896032AK58
2.45%
US649451KJ96
2.41%
US56035DGB29
2.39%
California Community Choice Financing Authority, 5% 1sep2032, USD (2024E)
2.34%
US346843PW94
2.30%
Georgia Municipal Electric Authority, 5% 1jan2048, USD (2019B)
2.25%
US679111E426
2.17%
US677561KM32
2.08%
US594712ZR50
2.01%
Frequently asked questions about PUSH and MBND
How have the PUSH and MBND ETFs performed in 2026?
As of October 15, 2026, PUSH is up 1.56% year-to-date (YTD), while MBND has lost -2.35%. That puts PUSH better performer ahead so far this year.
Which ETF is attracting more investor money: PUSH or MBND?
Year-to-date, the PUSH ETF saw +$131M in flows, compared to -$1M for MBND.
Which ETF is more volatile: PUSH or MBND?
Over the past year, PUSH had a volatility of 0.7%, while MBND experienced 2.99%.
Which ETF is bigger: PUSH or MBND?
As of October 15, 2026, PUSH holds $176.07 M in assets under management (AUM), while MBND manages $24.88 M.
What sectors do the PUSH and MBND ETFs invest in?
PUSH leans toward sectors like Municipal. Meanwhile, MBND focuses on Municipal.
What are the top holdings of the PUSH ETF and MBND ETF?
PUSH top holdings include PGIM Core Government Money Market Fund, US04062PCC32 and Michigan Finance Authority, 5% 1dec2037, USD (2017A). MBND holds in its top three: US040664NJ98, US91756SAR40 and New Mexico, 4% 1aug2039, USD (2017A).
Which ETF is more diversified: PUSH or MBND?
PUSH holds 322 securities with 19.18% of its assets in the top 15. MBND has 72 securities and a top 15 weight of 36.73%.
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