PJFM vs. SMHB ETF Comparison

Comparison of PGIM Jennison Focused Mid-Cap ETF (PJFM) to ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B (SMHB)

PJFM

PGIM Jennison Focused Mid-Cap ETF

PJFM Description

Under normal circumstances, the fund invests at least 80% of the fund's investable assets in equity and equity-related securities of medium-sized companies. The subadviser uses a combination of fundamental research and systematic portfolio construction. The fund's managers consider medium-sized companies to be those with market capitalizations that are within the market capitalization range of the Russell Midcap Index.

Grade (RS Rating)

Last Trade

$61.72

Average Daily Volume

202

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SMHB

ETRACS Monthly Pay 2x Leveraged Small Cap High Dividend ETN Series B

SMHB Description

The investment seeks to provide a two times leveraged return linked to the compounded monthly performance of the Solactive US Small Cap High Dividend Index (the “index”). The index is designed to measure the performance of 100 relatively small capitalization, dividend yielding index constituent securities selected from a universe of qualifying U.S. listed equity securities. The Securities are two times leveraged with respect to the index and, as a result, will benefit from two times any beneficial, but will be exposed to two times any adverse, compounded monthly performance of the index.

Grade (RS Rating)

Last Trade

$5.58

Average Daily Volume

40,001

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFM	SMHB
30 Days	4.05%	-9.80%
60 Days	8.25%	-10.51%
90 Days	11.66%	-1.80%
12 Months		14.54%

0 Overlapping Holdings

	Symbol	Grade	Weight in PJFM	Weight in SMHB	Overlap

PJFM Overweight 42 Positions Relative to SMHB

Symbol	Grade	Weight
GLPI	C	4.67%
FOUR	A	4.26%
NI	A	4.19%
TRGP	A	4.07%
CHDN	B	3.75%
MKL	A	3.68%
WTFC	A	3.29%
CCK	D	3.29%
EWBC	A	3.03%
LNG	A	2.98%
HLT	A	2.97%
BURL	B	2.96%
GTES	A	2.78%
RL	C	2.74%
KEX	B	2.65%
PR	B	2.54%
LHX	C	2.45%
AXS	A	2.44%
GNRC	C	2.4%
ALSN	B	2.17%
VRT	B	2.02%
CYBR	A	1.95%
IRT	A	1.89%
LFUS	D	1.87%
NTRA	A	1.87%
CMS	C	1.85%
RNR	C	1.81%
CBRE	B	1.79%
KBR	F	1.58%
PFGC	B	1.57%
NBIX	C	1.53%
ESNT	F	1.5%
LPLA	A	1.42%
MNDY	C	1.34%
RYAN	A	1.12%
PINS	F	1.05%
ENTG	D	1.03%
COHR	B	0.97%
OLED	F	0.89%
EHC	B	0.88%
HEI	A	0.56%
PCVX	D	0.55%

PJFM Underweight 90 Positions Relative to SMHB

Symbol	Grade	Weight
SLG	B	-4.87%
XRX	F	-4.09%
DTM	A	-3.81%
BXMT	C	-3.43%
DSS	F	-2.87%
TWO	F	-2.87%
CIM	D	-2.62%
BDN	C	-2.41%
BGS	F	-2.41%
SBRA	C	-2.38%
EPR	C	-2.34%
ABR	C	-2.21%
APAM	B	-2.02%
PAGP	A	-1.88%
UNIT	B	-1.86%
UWMC	D	-1.84%
ARR	D	-1.65%
NHI	D	-1.64%
ORC	B	-1.51%
CCOI	B	-1.51%
PSEC	D	-1.47%
IVR	F	-1.43%
DEA	D	-1.35%
PMT	C	-1.35%
MFA	D	-1.27%
RWT	D	-1.24%
CTRE	C	-1.16%
PETS	C	-1.13%
MAIN	A	-1.09%
HTGC	D	-1.03%
ARI	C	-1.02%
GNL	F	-1.01%
FCPT	C	-1.0%
EFC	C	-1.0%
PDM	D	-0.99%
GSBD	F	-0.94%
NEWT	C	-0.94%
NYMT	C	-0.93%
LTC	B	-0.91%
DX	B	-0.89%
KREF	C	-0.8%
VGR	B	-0.79%
NWBI	B	-0.77%
GBDC	D	-0.73%
CODI	B	-0.72%
VNOM	A	-0.65%
SCS	C	-0.65%
RC	D	-0.65%
ACRE	B	-0.64%
LADR	B	-0.62%
TSLX	C	-0.62%
HESM	B	-0.59%
UVV	B	-0.54%
OCSL	F	-0.54%
AROC	A	-0.53%
GMRE	F	-0.5%
ILPT	F	-0.49%
BRSP	C	-0.49%
WSR	A	-0.46%
ALX	D	-0.45%
GTY	A	-0.44%
OPI	F	-0.4%
RMR	F	-0.38%
NMFC	D	-0.38%
UHT	D	-0.36%
GPMT	C	-0.34%
CSWC	D	-0.34%
GOOD	B	-0.33%
FSP	B	-0.29%
TRTX	C	-0.29%
TCPC	C	-0.27%
AHH	D	-0.27%
CGBD	C	-0.25%
BCSF	C	-0.24%
TPVG	B	-0.23%
PFLT	D	-0.23%
SLRC	A	-0.23%
UVE	B	-0.22%
BBDC	A	-0.22%
KRO	C	-0.2%
EBF	F	-0.18%
GAIN	B	-0.17%
PNNT	C	-0.16%
OLP	B	-0.16%
FDUS	A	-0.16%
GLAD	B	-0.15%
BFS	C	-0.14%
TRIN	A	-0.12%
CCAP	A	-0.1%
REPX	A	-0.07%

SMHB: Top Represented Industries & Keywords

Industries: Asset Management REIT - Diversified REIT - Office REIT - Healthcare Facilities REIT - Retail REIT - Residential Oil & Gas Midstream Credit Services Business Equipment REIT - Industrial Specialty Finance Tobacco Business Services Conglomerates Information Technology Services Insurance - Property & Casualty Oil & Gas E&P Oil & Gas Equipment & Services Packaged Foods Pharmaceutical Retailers