PJFG vs. BERZ ETF Comparison

Comparison of PGIM Jennison Focused Growth ETF (PJFG) to MicroSectors FANG & Innovation -3x Inverse Leveraged ETN (BERZ)

PJFG

PGIM Jennison Focused Growth ETF

PJFG Description

PGIM Jennison Focused Growth ETF is an exchange traded fund launched and managed by PGIM Investments LLC. It is co-managed by Jennison Associates LLC. The fund invests in public equity markets. It invests in stocks of companies operating across diversified sectors. It invests in growth stocks of companies across diversified market capitalization. The fund employs fundamental analysis to create its portfolio. PGIM Jennison Focused Growth ETF was formed on December 12, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$94.23

Average Daily Volume

2,865

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BERZ

MicroSectors FANG & Innovation -3x Inverse Leveraged ETN

BERZ Description

BERZ provides daily -3x inverse exposure to an index of FANG and technology companies that meet certain requirements. The fund will consistently comprise eight core components (Alphabet, Amazon, Apple, Facebook, Microsoft, Netflix, NVIDIA, and Tesla) and include seven companies determined through a selection methodology. Eligible securities must be listed on a US exchange, classified in the technology sector, and have a market cap of at least 10 billion USD. Selection will begin with ranking the securities by market cap and selecting the 30 largest companies which will then be sorted by 12-month average daily value traded. The top seven stocks will complete the index along with the eight core components and are then equally weighted. The index is rebalanced monthly and reconstituted quarterly. As a leveraged inverse product with -3x factor that resets daily, BERZ is not a buy-and-hold investment and should not be expected to provide index leverage return greater than a one day period.

Grade (RS Rating)

Last Trade

$14.22

Average Daily Volume

104,363

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFG	BERZ
30 Days	3.35%	-19.93%
60 Days	4.73%	-22.76%
90 Days	5.98%	-27.71%
12 Months	35.83%	-70.44%

10 Overlapping Holdings

Symbol	Grade	Weight in PJFG	Weight in BERZ	Overlap
AAPL	C	7.79%	6.67%	6.67%
AMZN	C	8.98%	6.67%	6.67%
AVGO	D	4.52%	6.67%	4.52%
GOOGL	C	4.85%	6.67%	4.85%
META	D	6.82%	6.67%	6.67%
MSFT	F	8.64%	6.67%	6.67%
NFLX	A	4.7%	6.67%	4.7%
NVDA	C	11.93%	6.67%	6.67%
PANW	C	1.7%	6.67%	1.7%
TSLA	B	2.37%	6.67%	2.37%

PJFG Overweight 19 Positions Relative to BERZ

Symbol	Grade	Weight
LLY	F	3.99%
MA	C	3.91%
MELI	D	3.37%
COST	B	2.96%
NOW	A	2.45%
CDNS	B	2.22%
NVO	D	2.19%
TTD	B	2.03%
VRTX	F	1.94%
CRWD	B	1.51%
NU	C	1.5%
ETN	A	1.48%
UBER	D	1.39%
ISRG	A	1.21%
DIS	B	1.15%
ABNB	C	1.01%
DDOG	A	0.79%
MDB	C	0.68%
AZN	D	0.41%

PJFG Underweight 5 Positions Relative to BERZ

Symbol	Grade	Weight
CRM	B	-6.67%
MU	D	-6.67%
INTC	D	-6.67%
AMD	F	-6.67%
ADBE	C	-6.67%