PQLC ETF — Holdings & Analysis

For informational purposes only. Not financial advice.

Quick Answer

PQLC offers exposure to a diverse portfolio of 283 holdings, primarily in the United States, with a focus on sectors like Industrials, Healthcare, and Technology.

PGIM ETF Trust - PGIM QMA Strategic Alpha Large-Cap Core ETF (PQLC) ETF — Price, Holdings & Analysis

The PGIM QMA Strategic Alpha Large-Cap Core ETF (PQLC) is an equity ETF with $0.01 billion in assets under management. Launched in 2018, PQLC aims to outperform the large-cap equity market through a strategic alpha approach. PQLC offers exposure to a diverse portfolio of 283 holdings, primarily in the United States, with a focus on sectors like Industrials, Healthcare, and Technology.

ETF Overview

PQLC, managed by PGIM, seeks to provide investors with exposure to large-cap U.S. equities while aiming to generate alpha through active management. The ETF employs a strategic approach to stock selection, focusing on companies with strong fundamentals and growth potential. With 283 holdings, the fund offers diversification across various sectors, with significant allocations to Industrials (18.0%), Healthcare (17.5%), and Technology (14.4%). Financial Services (13.1%) and Consumer Cyclical (10.1%) also represent notable portions of the portfolio. The fund's country exposure is heavily weighted towards the United States (95.4%), with smaller allocations to Ireland (2.2%), Switzerland (1.0%), and the United Kingdom (0.7%). PQLC may appeal to investors seeking a core equity holding with the potential for outperformance relative to passive large-cap indices. However, the fund's active management strategy may result in higher turnover and potentially higher costs compared to passively managed ETFs.

Risk Metrics

PQLC's risk profile is influenced by its sector allocations and concentration in U.S. equities. The fund's significant allocation to Industrials (18.0%) and Healthcare (17.5%) means that its performance is sensitive to the performance of these sectors. A downturn in these sectors could negatively impact the fund's returns. Furthermore, the fund's heavy concentration in U.S. equities (95.4%) exposes it to risks specific to the U.S. economy and market. While the fund holds 283 stocks, the specific weightings of the top holdings could introduce concentration risk if a small number of companies significantly influence the fund's performance. Past performance does not guarantee future results.

How Is the Fund Allocated?

Sector	Weight
Industrials	18.0%
Healthcare	17.5%
Technology	14.4%
Financial Services	13.1%
Consumer Cyclical	10.1%
Consumer Defensive	7.1%
Utilities	4.6%
Communication Services	4.3%
Basic Materials	4.2%
Real Estate	3.8%
Energy	2.4%
Cash & Others	0.7%

Country	Weight
United States	95.4%
Other	0.7%
Ireland	2.2%
Switzerland	1.0%
United Kingdom	0.7%

iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
ARK Innovation ETF (ARKK) — 0.75% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
iShares MSCI EAFE ETF (EFA) — 0.32% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

Questions & Answers

What is PQLC and what does it track?

PQLC is the PGIM QMA Strategic Alpha Large-Cap Core ETF. It is an actively managed equity ETF that seeks to outperform the large-cap U.S. equity market.

Unlike passive ETFs that track a specific index, PQLC employs a strategic alpha approach to stock selection, focusing on companies with strong fundamentals and growth potential.

What are the top holdings in PQLC?

However, the fund holds a total of 283 stocks. The fund's sector allocation provides insights into the types of companies it invests in.

With significant allocations to Industrials (18.0%), Healthcare (17.5%), and Technology (14.4%), it is likely that the top holdings include prominent companies in these sectors. Investors can consult the fund's website or fact sheet to obtain a complete list of the top holdings and their respective weights.

Is PQLC a good long-term investment?

Whether PQLC is a suitable long-term investment depends on an individual investor's goals, risk tolerance, and investment horizon.

The fund's active management strategy offers the potential for outperformance relative to passive large-cap indices, but it also introduces the risk of underperformance. The fund's sector allocations and concentration in U.S.

How does PQLC compare to similar ETFs?

PQLC differentiates itself from other large-cap equity ETFs through its active management strategy, which aims to generate alpha through stock selection. Many similar ETFs are passively managed and track broad market indices like the S&P 500.

PQLC's AUM is relatively small at $0.01 billion, compared to some of the larger, more established ETFs in the category.

Does PQLC pay dividends?

Dividend payments can be a significant component of total return for equity ETFs, particularly for investors seeking income. Investors can consult the fund's website or fact sheet to obtain the most up-to-date information on dividend payments and yield.

The dividend yield represents the annual dividend income relative to the fund's share price and can be used to compare the income potential of different ETFs.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

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