SHLD vs. PJFM ETF Comparison

Comparison of Global X Defense Tech ETF (SHLD) to PGIM Jennison Focused Mid-Cap ETF (PJFM)

SHLD

Global X Defense Tech ETF

SHLD Description

The investment seeks to provide investment results that track the performance of the Nasdaq Yewno Aerospace & Defense IndexTM before fees and expenses. Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities of companies in the index that are tied to the protection of national security interests of the United States. From the universe of eligible securities, the index identifies the top 50 eligible companies ranked by total outstanding contracts relating to the protection of U.S. national security interests, and projected revenue amounts.

Grade (RS Rating)

Last Trade

$33.07

Average Daily Volume

39,166

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$51.04

Average Daily Volume

234

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	SHLD	PJFM
30 Days	0.13%	-3.44%
60 Days	4.39%	-3.90%
90 Days	16.63%	1.57%
12 Months

1 Overlapping Holdings

	Symbol	Grade	Weight in SHLD	Weight in PJFM	Overlap
	LHX	A	4.19%	3.35%	3.35%

SHLD Overweight 6 Positions Relative to PJFM

Symbol	Grade	Weight
RTX	B	7.9%
GD	A	7.44%
NOC	B	6.66%
LMT	B	6.6%
LDOS	A	4.52%
HII	D	4.49%

SHLD Underweight 8 Positions Relative to PJFM

Symbol	Grade	Weight
MOH	F	-3.65%
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%

SHLD: Top Represented Industries & Keywords

Industries: Aerospace & Defense Communication Equipment Information Technology Services