PJFM vs. COWS ETF Comparison

Comparison of PGIM Jennison Focused Mid-Cap ETF (PJFM) to Amplify Cash Flow Dividend Leaders ETF (COWS)

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

$51.97

Average Daily Volume

228

Number of Holdings ^*

* may have additional holdings in another (foreign) market

COWS

Amplify Cash Flow Dividend Leaders ETF

COWS Description

COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.

Grade (RS Rating)

Last Trade

$28.38

Average Daily Volume

9,708

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFM	COWS
30 Days	-1.51%	-4.29%
60 Days	-2.15%	0.90%
90 Days	3.42%	7.25%
12 Months

0 Overlapping Holdings

	Symbol	Grade	Weight in PJFM	Weight in COWS	Overlap

PJFM Overweight 9 Positions Relative to COWS

Symbol	Grade	Weight
MOH	D	3.65%
LHX	A	3.35%
MKL	A	3.35%
BURL	D	3.24%
KEX	A	3.24%
FOUR	F	3.18%
PFGC	D	3.17%
TRGP	B	3.15%
EWBC	A	3.14%

PJFM Underweight 10 Positions Relative to COWS

Symbol	Grade	Weight
FDX	D	-2.7%
VST	B	-2.67%
HOG	D	-2.64%
CMC	C	-2.6%
OC	A	-2.58%
BC	D	-2.56%
THO	D	-2.55%
UFPI	C	-2.52%
NXST	C	-2.5%
FIS	B	-2.48%