PJFV vs. CBLS ETF Comparison

Comparison of PGIM Jennison Focused Value ETF (PJFV) to Changebridge Capital Long/Short Equity ETF (CBLS)

PJFV

PGIM Jennison Focused Value ETF

PJFV Description

PGIM Jennison Focused Value 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 value stocks of large-cap companies. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Russell 1000 Value Index. It employs proprietary research to create its portfolio. PGIM Jennison Focused Value ETF was formed on December 12, 2022 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$73.61

Average Daily Volume

108

Number of Holdings ^*

* may have additional holdings in another (foreign) market

CBLS

Changebridge Capital Long/Short Equity ETF

CBLS Description

The investment seeks long-term capital appreciation while minimizing volatility. The Adviser also considers an assessment of a company's ESG attributes in determining the attractiveness of an investment opportunity. In general, the fund's investments are broadly invested over a number of sectors, but it may focus on the technology, consumer, and healthcare sectors. Under normal circumstances, at least 80% of the fund's net assets, plus borrowings for investment purposes, will be invested long or short in equity securities, including common stocks and depositary receipts. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$26.83

Average Daily Volume

2,139

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFV	CBLS
30 Days	2.78%	4.28%
60 Days	5.00%	5.58%
90 Days	6.98%	5.18%
12 Months	35.01%	35.65%

4 Overlapping Holdings

Symbol	Grade	Weight in PJFV	Weight in CBLS	Overlap
DELL	B	2.07%	1.91%	1.91%
LLY	F	1.85%	-1.37%	-1.37%
ORCL	A	1.95%	2.62%	1.95%
WMT	A	6.34%	2.75%	2.75%

PJFV Overweight 29 Positions Relative to CBLS

Symbol	Grade	Weight
JPM	A	4.67%
NI	A	4.34%
XOM	B	4.16%
GS	A	3.82%
ABBV	F	3.62%
PCG	A	3.45%
MET	A	3.39%
PNC	B	3.36%
BAC	A	3.19%
CB	C	3.16%
UNP	C	3.05%
DAL	B	2.97%
LIN	C	2.92%
GM	C	2.91%
JCI	B	2.79%
TFC	A	2.64%
BX	A	2.63%
GE	D	2.49%
META	D	2.42%
AZN	F	2.24%
BMY	B	2.12%
CRM	B	2.11%
CI	D	2.06%
MSFT	D	2.02%
AVGO	D	2.0%
TOL	B	1.76%
AMD	F	1.48%
LRCX	F	1.36%
ARE	F	0.49%

PJFV Underweight 59 Positions Relative to CBLS

Symbol	Grade	Weight
NVDA	B	-3.31%
LNG	A	-3.31%
WTTR	A	-3.07%
INTC	C	-2.91%
AMZN	C	-2.83%
GTLS	A	-2.81%
MGNI	B	-2.76%
SKY	A	-2.73%
BWXT	B	-2.7%
COST	A	-2.64%
STRL	A	-2.54%
CCL	A	-2.49%
RDDT	A	-2.45%
OSW	B	-2.43%
IBN	C	-2.38%
ECL	D	-2.32%
GD	D	-2.32%
NARI	C	-2.3%
RTX	D	-2.29%
ROL	B	-2.28%
D	C	-2.24%
AER	A	-2.24%
VST	A	-2.23%
SO	C	-2.23%
NEE	C	-2.12%
ERJ	A	-2.12%
HUMA	F	-2.11%
SCHW	B	-2.08%
MC	C	-1.98%
ETR	B	-1.93%
SCI	B	-1.92%
TDG	D	-1.78%
CRSP	D	-0.86%
KLG	B	--0.49%
KDP	F	--0.5%
POST	C	--0.5%
GIS	D	--0.51%
PEP	F	--0.51%
DOOO	F	--0.9%
TTC	C	--0.93%
R	B	--0.95%
GIII	D	--0.97%
PFE	F	--1.06%
SIG	B	--1.07%
JNJ	C	--1.1%
MRNA	F	--1.15%
MIDD	C	--1.16%
ROK	C	--1.17%
ENR	B	--1.19%
AME	A	--1.2%
NVO	F	--1.3%
F	C	--1.41%
DE	B	--1.45%
HELE	C	--1.71%
HSY	F	--1.75%
VSAT	F	--1.75%
GOGO	C	--1.77%
NOW	A	--1.8%
TSLA	B	--2.63%