PBFR vs. AVMA ETF Comparison

Comparison of PGIM Laddered Fund of Buffer 20 ETF (PBFR) to Avantis Moderate Allocation ETF (AVMA)

PBFR

PGIM Laddered Fund of Buffer 20 ETF

PBFR Description

The fund seeks to achieve its investment objective by providing investors with U.S. large-cap equity market exposure while attempting to limit downside risk through a "laddered portfolio" of twelve PGIM US Large-Cap Buffer 20 ETFs. Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in ETFs.

Grade (RS Rating)

Last Trade

$25.86

Average Daily Volume

2,935

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

AVMA

Avantis Moderate Allocation ETF

AVMA Description

The fund is a "fund of funds," meaning that it seeks to achieve its objective by investing in other Avantis ETFs (collectively, the underlying funds). The underlying funds represent a broadly diversified basket of equity and fixed income securities that seek to select or overweight securities that are expected to have higher returns or better risk characteristics than a passive, market-cap weighted index. The managers will allocate to the underlying funds across geographies and investment styles to achieve the desired allocation.

Grade (RS Rating)

Last Trade

$59.35

Average Daily Volume

3,981

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	PBFR	AVMA
30 Days	2.07%	3.71%
60 Days	3.21%	5.51%
90 Days	1.96%	4.51%
12 Months		22.59%

0 Overlapping Holdings

	Symbol	Grade	Weight in PBFR	Weight in AVMA	Overlap

PBFR Overweight 10 Positions Relative to AVMA

	Symbol	Grade	Weight
	PBAP	A	8.34%
	PBJN	B	8.33%
	PBMR	A	8.31%
	PBAU	B	8.3%
	PBMY	B	8.3%
	PBNV	C	8.29%
	PBJL	C	8.29%
	PBDE	C	8.28%
	PBOC	C	8.28%
	PBFB	B	8.27%

PBFR Underweight 10 Positions Relative to AVMA

	Symbol	Grade	Weight
	AVUS	A	-29.11%
	AVIG	D	-21.43%
	AVSF	B	-10.69%
	AVLV	A	-9.98%
	AVDE	B	-7.14%
	AVEM	A	-4.4%
	AVIV	B	-3.66%
	AVSC	C	-2.53%
	AVUV	B	-2.51%
	AVES	A	-2.39%

PBFR: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Funds Index Fund Investment Management SPDR Synthetic Replication Betashares Dividend Exchange Traded Products S&P 500 Spy

AVMA: Top Represented Industries & Keywords

Industries:

Keywords: Exchange Traded Fund Stock Fund Currency Exchange Traded Funds Financial Instrument SPDR Swaps Synthetic Replication Wagering Financial Market Bloomberg Barclays Us Aggregate Bond Index Bond Collateralized Debt Obligation Credit Rating Agency Frontier Markets Money Market Fund Mortgage Backed Security Mutual Fund Private Sector Russell 1000 Value Price Return Usd