PFFL vs. AVMA ETF Comparison

Comparison of ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048 (PFFL) to Avantis Moderate Allocation ETF (AVMA)
PFFL

ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN due September 25, 2048

PFFL Description

The investment seeks to provide two times leveraged long exposure to the compounded monthly performance of the Solactive Preferred Stock ETF Index (the “index”). The index is designed to track the price movements of an equally weighted portfolio of two exchange-traded funds (“ETFs”) that hold preferred securities of various issuers. 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

$9.81

Average Daily Volume

4,825

Number of Holdings *

2

* may have additional holdings in another (foreign) market
AVMA

Avantis Moderate Allocation ETF

AVMA Description The fund is a "fund of funds," meaning that it seeks to achieve its objective by investing in other Avantis ETFs (collectively, the underlying funds). The underlying funds represent a broadly diversified basket of equity and fixed income securities that seek to select or overweight securities that are expected to have higher returns or better risk characteristics than a passive, market-cap weighted index. The managers will allocate to the underlying funds across geographies and investment styles to achieve the desired allocation.

Grade (RS Rating)

Last Trade

$56.24

Average Daily Volume

1,545

Number of Holdings *

10

* may have additional holdings in another (foreign) market
Performance
Period PFFL AVMA
30 Days -2.95% -0.36%
60 Days -3.70% 0.54%
90 Days 0.19% 4.13%
12 Months 17.27%
0 Overlapping Holdings
Symbol Grade Weight in PFFL Weight in AVMA Overlap
PFFL Overweight 2 Positions Relative to AVMA
Symbol Grade Weight
PFF C 50.23%
PGX C 49.77%
PFFL Underweight 10 Positions Relative to AVMA
Symbol Grade Weight
AVUS C -29.71%
AVIG C -20.64%
AVLV C -10.47%
AVSF B -10.0%
AVDE A -7.14%
AVEM A -4.12%
AVIV A -3.54%
AVUV B -2.94%
AVSC C -2.93%
AVES A -2.49%
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