PJFM vs. MARB ETF Comparison

Comparison of PGIM Jennison Focused Mid-Cap ETF (PJFM) to First Trust Merger Arbitrage ETF (MARB)

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

MARB

First Trust Merger Arbitrage ETF

MARB Description

The investment seeks to provide investors with capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by establishing long and short positions in the equity securities of companies that are involved in a publicly-announced significant corporate event, such as a merger or acquisition. It's portfolio may include equity securities issued by U.S. and non-U.S. companies, including American Depositary Receipts (ADRs), and derivatives, including total return swaps. The fund may invest in securities issued by small, mid and large capitalization issuers. It is non-diversified.

Grade (RS Rating)

Last Trade

$19.77

Average Daily Volume

7,012

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PJFM	MARB
30 Days	8.67%	-0.74%
60 Days	11.41%	-0.73%
90 Days	14.93%	-1.43%
12 Months		-0.69%

0 Overlapping Holdings

	Symbol	Grade	Weight in PJFM	Weight in MARB	Overlap

PJFM Overweight 42 Positions Relative to MARB

Symbol	Grade	Weight
GLPI	C	4.67%
FOUR	B	4.26%
NI	A	4.19%
TRGP	B	4.07%
CHDN	B	3.75%
MKL	A	3.68%
WTFC	A	3.29%
CCK	C	3.29%
EWBC	A	3.03%
LNG	B	2.98%
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 MARB

Symbol	Grade	Weight
HTLF	B	-7.67%
HCP	B	-5.59%
EDR	A	-4.99%
ACI	C	-4.78%
DFS	B	-4.54%
AMED	F	-4.52%
NAPA	B	-4.02%
ANSS	B	-3.82%
B	B	-3.79%
EVRI	A	-3.48%
JNPR	F	-3.38%
K	A	-3.27%
HES	B	-3.22%
ESGR	B	-3.18%
CTLT	B	-3.15%
VZIO	A	-3.08%
LBPH	A	-2.78%
MGRC	B	-2.71%
CHX	C	-2.7%
FYBR	D	-2.57%
ENV	B	-2.38%
SRDX	B	-2.33%
IBTX	B	-2.15%
MRO	B	-2.07%
WSC	D	--0.93%
COP	C	--2.07%
SSB	B	--2.14%
SNPS	B	--2.16%
CVX	A	--3.7%
SLB	C	--4.08%
COF	B	--4.96%
UMBF	B	--7.96%