PAB vs. PSDM ETF Comparison
Comparison of Active Aggregate Bond ETF (PAB) to PGIM Short Duration Multi-Sector Bond ETF (PSDM)
PAB
Active Aggregate Bond ETF
PAB Description
PGIM ETF Trust - PGIM Active Aggregate Bond ETF is an exchange traded fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade, US government and its agencies, corporate debt securities, mortgage-related securities and asset-backed securities that are rated BBB- or higher by S&P Global Ratings, or Baa3 or higher by Moody’s Investors Service, Inc. It invests in securities having a maturity more than one year. The fund employs a combination of fundamental with bottom-up and top-down security picking approach and quantitative analysis to create its portfolio. It benchmarks the performance of its portfolio against the Bloomberg Barclays US Aggregate Bond Index. The fund employs proprietary research to create its portfolio. PGIM ETF Trust - PGIM Active Aggregate Bond ETF is domiciled in the United States.
Grade (RS Rating)
Last Trade
$41.92
Average Daily Volume
8,214
1
PSDM
PGIM Short Duration Multi-Sector Bond ETF
PSDM Description
The fund seeks to achieve its objective by investing in fixed income instruments, whereby issuers borrow money from investors in return for either a fixed or variable rate of interest and eventual repayment of the amount borrowed. The fund invests, under normal circumstances, at least 80% of its investable assets in fixed income instruments with varying maturities.Grade (RS Rating)
Last Trade
$50.85
Average Daily Volume
4,140
1
Performance
Period | PAB | PSDM |
---|---|---|
30 Days | -0.64% | 0.00% |
60 Days | -2.93% | -0.47% |
90 Days | -1.82% | 0.78% |
12 Months | 6.00% | 5.59% |
1 Overlapping Holdings
Symbol | Grade | Weight in PAB | Weight in PSDM | Overlap | |
---|---|---|---|---|---|
PAAA | A | 3.18% | 3.16% | 3.16% |
PAB Overweight 0 Positions Relative to PSDM
Symbol | Grade | Weight |
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PAB Underweight 0 Positions Relative to PSDM
Symbol | Grade | Weight |
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PAB: Top Represented Industries & Keywords
PSDM: Top Represented Industries & Keywords