GDMA vs. PAB ETF Comparison

Comparison of Gadsden Dynamic Multi-Asset ETF (GDMA) to Active Aggregate Bond ETF (PAB)

GDMA

Gadsden Dynamic Multi-Asset ETF

GDMA Description

The investment seeks total return. The fund seeks to achieve its investment objective by investing (i) approximately 80% of its total assets with exposure to a variety of asset classes, geographies, and market capitalizations generally based on a long-term view of macroeconomic factors and (ii) approximately 20% of its total assets to add or reduce exposure to one or more asset classes generally based on a short-term view of the market. It may invest in futures contracts to gain long or short exposure to one or more asset classes.

Grade (RS Rating)

Last Trade

$32.81

Average Daily Volume

4,558

Number of Holdings ^*

12

* may have additional holdings in another (foreign) market

PAB

Active Aggregate Bond ETF

PAB Description

PGIM ETF Trust - PGIM Active Aggregate Bond ETF is an exchange traded fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade, US government and its agencies, corporate debt securities, mortgage-related securities and asset-backed securities that are rated BBB- or higher by S&P Global Ratings, or Baa3 or higher by Moody’s Investors Service, Inc. It invests in securities having a maturity more than one year. The fund employs a combination of fundamental with bottom-up and top-down security picking approach and quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the Bloomberg Barclays US Aggregate Bond Index. The fund employs proprietary research to create its portfolio. PGIM ETF Trust - PGIM Active Aggregate Bond ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$41.82

Average Daily Volume

8,024

Number of Holdings ^*

1

* may have additional holdings in another (foreign) market

Performance

Period	GDMA	PAB
30 Days	0.13%	-1.96%
60 Days	4.90%	-1.93%
90 Days	6.23%	-1.33%
12 Months	11.89%	7.41%

0 Overlapping Holdings

	Symbol	Grade	Weight in GDMA	Weight in PAB	Overlap

GDMA Overweight 12 Positions Relative to PAB

	Symbol	Grade	Weight
	SGOL	C	10.97%
	CLOZ	A	3.53%
	GSEW	A	3.02%
	HYEM	B	2.98%
	SIVR	C	2.93%
	IBIT	A	2.86%
	GOOG	B	1.95%
	AMZN	A	1.05%
	META	C	0.99%
	RING	C	0.96%
	TSLA	A	0.92%
	NVDA	A	0.58%

GDMA Underweight 1 Positions Relative to PAB

	Symbol	Grade	Weight
	PAAA	A	-2.35%

GDMA: Top Represented Industries & Keywords

Industries: Internet Content & Information Auto Manufacturers Semiconductors Specialty Retail

Keywords: Nasdaq 100 S&P 500 ETF Exchange Traded Fund Computing Hyperscale Bullion Exchange Traded Funds Mobile Devices Precious Metals Smartphones Software Work From Home Advertising Network Advertising Services Application Programming Interface Artificial Intelligence Auction Based Advertising Program Automotive Manufacturers Baseband

PAB: Top Represented Industries & Keywords

Industries:

Keywords: Bond Credit Rating Bond Market Collateralized Loan Obligation Credit Rating Nationally Recognized Statistical Rating Organization