PJFM vs. TPYP ETF Comparison

Comparison of PGIM Jennison Focused Mid-Cap ETF (PJFM) to Tortoise North American Pipeline Fund ETF (TPYP)

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

$62.41

Average Daily Volume

197

Number of Holdings ^*

* may have additional holdings in another (foreign) market

TPYP

Tortoise North American Pipeline Fund ETF

TPYP Description

The investment seeks investment results that correspond generally to the price and distribution rate (total return) performance of the Tortoise North American Pipeline Index (the "underlying index"). The fund will normally invest at least 80% of its total assets in securities that comprise the underlying index (or depository receipts based on such securities). The underlying index is a proprietary rules-based, capitalization weighted, float adjusted index designed to track the overall performance of equity securities of North American Pipeline Companies. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.69

Average Daily Volume

49,950

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFM	TPYP
30 Days	8.67%	12.24%
60 Days	11.41%	15.88%
90 Days	14.93%	20.16%
12 Months		49.25%

3 Overlapping Holdings

Symbol	Grade	Weight in PJFM	Weight in TPYP	Overlap
LNG	B	2.98%	7.11%	2.98%
NI	A	4.19%	3.81%	3.81%
TRGP	B	4.07%	4.7%	4.07%

PJFM Overweight 39 Positions Relative to TPYP

Symbol	Grade	Weight
GLPI	C	4.67%
FOUR	B	4.26%
CHDN	B	3.75%
MKL	A	3.68%
WTFC	A	3.29%
CCK	C	3.29%
EWBC	A	3.03%
HLT	A	2.97%
BURL	A	2.96%
GTES	A	2.78%
RL	B	2.74%
KEX	C	2.65%
PR	B	2.54%
LHX	C	2.45%
AXS	A	2.44%
GNRC	B	2.4%
ALSN	B	2.17%
VRT	B	2.02%
CYBR	B	1.95%
IRT	A	1.89%
LFUS	F	1.87%
NTRA	B	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	D	1.5%
LPLA	A	1.42%
MNDY	C	1.34%
RYAN	B	1.12%
PINS	D	1.05%
ENTG	D	1.03%
COHR	B	0.97%
OLED	D	0.89%
EHC	B	0.88%
HEI	B	0.56%
PCVX	D	0.55%

PJFM Underweight 32 Positions Relative to TPYP

Symbol	Grade	Weight
WMB	A	-8.24%
OKE	A	-7.92%
KMI	A	-7.75%
ATO	A	-3.83%
ET	A	-3.8%
EPD	A	-3.67%
MPLX	A	-3.08%
NFG	A	-1.74%
DTM	B	-1.7%
AM	A	-1.59%
NJR	A	-1.48%
SWX	B	-1.44%
PAA	B	-1.4%
OGS	A	-1.33%
WES	C	-1.27%
AROC	B	-1.25%
ENLC	A	-1.2%
SR	A	-1.19%
SUN	B	-0.99%
CPK	A	-0.89%
KNTK	B	-0.66%
HESM	B	-0.63%
PAGP	A	-0.63%
NWN	A	-0.5%
CQP	B	-0.36%
USAC	B	-0.32%
NFE	D	-0.3%
GLP	A	-0.24%
GEL	D	-0.22%
DKL	C	-0.09%
EE	A	-0.08%
CAPL	D	-0.07%