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 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% |
PBFR: Top Represented Industries & Keywords
QAI: Top Represented Industries & Keywords
Industries: