PAB vs. CEFD ETF Comparison
Comparison of Active Aggregate Bond ETF (PAB) to ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD)
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
$42.03
Average Daily Volume
7,970
1
CEFD
ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN
CEFD Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the S-Network Composite Closed-End Fund Index (the ?index?), reduced by the Accrued Fees. The index is a mutual fund index designed to serve as a benchmark for closed-end funds listed in the U.S. that are principally engaged in asset management processes designed to produce taxable annual yield.Grade (RS Rating)
Last Trade
$19.92
Average Daily Volume
1,994
99
Performance
Period | PAB | CEFD |
---|---|---|
30 Days | -1.82% | -2.16% |
60 Days | -1.44% | 2.10% |
90 Days | -0.83% | 8.97% |
12 Months | 7.45% | 29.86% |
0 Overlapping Holdings
Symbol | Grade | Weight in PAB | Weight in CEFD | Overlap |
---|
PAB Overweight 1 Positions Relative to CEFD
Symbol | Grade | Weight | |
---|---|---|---|
PAAA | A | 2.35% |
PAB Underweight 99 Positions Relative to CEFD
Symbol | Grade | Weight | |
---|---|---|---|
EVV | C | -2.63% | |
BDJ | A | -2.39% | |
HYT | C | -2.19% | |
BTZ | D | -2.16% | |
NXDT | D | -1.9% | |
AWF | D | -1.83% | |
DSL | C | -1.77% | |
JQC | C | -1.66% | |
BXMX | A | -1.65% | |
EMD | D | -1.5% | |
WIW | A | -1.37% | |
BHK | C | -1.3% | |
QQQX | B | -1.26% | |
BOE | C | -1.23% | |
BCX | B | -1.2% | |
HIO | A | -1.19% | |
JPC | A | -1.18% | |
RA | C | -1.17% | |
GHY | C | -1.16% | |
BGY | D | -1.09% | |
CII | C | -1.07% | |
HIX | C | -1.01% | |
BIT | B | -1.01% | |
EOS | A | -1.0% | |
IGD | D | -0.98% | |
EFT | A | -0.95% | |
HTD | C | -0.94% | |
BST | B | -0.92% | |
BLW | C | -0.92% | |
EAD | D | -0.9% | |
ISD | C | -0.88% | |
LDP | B | -0.84% | |
FFC | D | -0.83% | |
EFR | A | -0.82% | |
FRA | A | -0.82% | |
TEI | D | -0.75% | |
PHK | A | -0.75% | |
EOI | B | -0.73% | |
MIN | A | -0.71% | |
EHI | D | -0.71% | |
NBB | C | -0.71% | |
MCR | C | -0.7% | |
PDT | D | -0.69% | |
DIAX | C | -0.69% | |
PPT | D | -0.67% | |
WIA | D | -0.66% | |
MMT | C | -0.64% | |
GOF | A | -0.64% | |
JPI | A | -0.63% | |
BKT | D | -0.62% | |
PFN | B | -0.59% | |
JGH | D | -0.59% | |
FCT | A | -0.58% | |
ERC | D | -0.57% | |
HPS | D | -0.55% | |
HYI | A | -0.55% | |
DFP | D | -0.55% | |
BME | D | -0.54% | |
BGT | A | -0.49% | |
HPI | D | -0.47% | |
PHD | A | -0.44% | |
BGH | A | -0.44% | |
FTF | D | -0.43% | |
GBAB | D | -0.42% | |
HYB | C | -0.39% | |
EVG | A | -0.38% | |
IDE | B | -0.38% | |
DHF | C | -0.38% | |
PHT | C | -0.38% | |
TSI | C | -0.37% | |
ETB | A | -0.37% | |
FT | B | -0.37% | |
STK | C | -0.37% | |
DHY | C | -0.36% | |
HPF | C | -0.36% | |
MSD | C | -0.34% | |
INSI | B | -0.34% | |
FFA | C | -0.32% | |
DBL | C | -0.31% | |
GDO | D | -0.31% | |
PSF | D | -0.31% | |
VBF | D | -0.3% | |
BGR | A | -0.3% | |
PIM | D | -0.3% | |
PFL | B | -0.29% | |
IGA | B | -0.29% | |
OPP | D | -0.29% | |
SPXX | B | -0.27% | |
FLC | C | -0.24% | |
MCN | D | -0.24% | |
CIK | D | -0.24% | |
WEA | A | -0.22% | |
FAM | B | -0.21% | |
VLT | A | -0.19% | |
MGF | D | -0.19% | |
VGI | A | -0.18% | |
HEQ | C | -0.18% | |
GNT | C | -0.14% | |
JLS | C | -0.14% |
PAB: Top Represented Industries & Keywords
CEFD: Top Represented Industries & Keywords