PBFR vs. QAI ETF Comparison

Comparison of PGIM Laddered Fund of Buffer 20 ETF (PBFR) to IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF (QAI)
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

$26.43

Average Daily Volume

3,831

Number of Holdings *

10

* may have additional holdings in another (foreign) market
QAI

IQ Hedge MultiIQ Hedge Multi-Strategy Tracker ETF

QAI Description The investment seeks investment results that correspond generally to the price and yield performance of its underlying index, the IQ Hedge Multi-Strategy Index. The fund invests normally at least 80% of its net assets (excluding collateral held from securities lending), plus the amount of any borrowings for investment purposes, in the investments included in its underlying index, which includes underlying funds. The underlying index consists of a number of components ("underlying index Components") selected in accordance with IndexIQ's rules-based methodology of such underlying index.

Grade (RS Rating)

Last Trade

$32.20

Average Daily Volume

119,876

Number of Holdings *

32

* may have additional holdings in another (foreign) market
Performance
Period PBFR QAI
30 Days 1.27% 0.25%
60 Days 2.70% 1.90%
90 Days 3.41% 2.91%
12 Months 10.31%
0 Overlapping Holdings
Symbol Grade Weight in PBFR Weight in QAI Overlap
PBFR Overweight 10 Positions Relative to QAI
Symbol Grade Weight
PBAP A 8.35%
PBNV A 8.35%
PBJN A 8.33%
PBMR A 8.31%
PBMY A 8.3%
PBAU B 8.3%
PBJL B 8.29%
PBDE C 8.28%
PBFB B 8.27%
PBJA A 8.27%
PBFR Underweight 32 Positions Relative to QAI
Symbol Grade Weight
FLOT A -16.96%
MUB C -2.68%
SIVR D -0.03%
PIN D -0.0%
FLJP D -0.0%
KMLM F --0.02%
SPHQ A --0.02%
CTA B --0.02%
BBJP D --0.02%
COMT D --0.03%
PFFD D --0.04%
JEPI A --0.05%
DBMF D --0.07%
ARB A --0.09%
PDBC D --0.13%
SRLN A --0.18%
BKLN A --0.2%
VTEB C --0.21%
DBA B --0.22%
MTUM A --0.22%
PFF D --0.23%
STIP C --0.31%
MNA C --0.33%
ICVT A --0.33%
FLRN A --0.46%
CWB A --0.58%
UUP A --0.61%
SGOV A --0.71%
BIL A --0.94%
IGOV F --1.01%
BWX F --2.13%
BTAL D --2.67%
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