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FPAA vs PBL

FPA Global Allocation ETF

FPAACCboe

PGIM Portfolio Ballast ETF

PBLACboe

Overlap

Expense ratio

PBL −0.04pt a year

FPAA0.49%PBL0.45%

Avg volume · 30D

FPAA 3.0×the volume

FPAA15.3KPBL5.03K

FPAA vs PBL Performance

Aug 7, 2026 – Nov 9, 2026

+0.4%FPAA−2.5%PBL

Aug 7, 2026 to Nov 9, 2026. FPAA +0.4%. PBL −2.5%. Use the arrow keys to read each point.−4%−1%1%Aug 2026Sep 2026Nov 2026
Expense ratio
FPAA 0.49%
PBL 0.45%, better
Fund size
FPAA $36M
PBL $69M
1Y total return
FPAA No data
PBL +8.5%
Yield (12M)
FPAA No data
PBL 2.06%
Holdings
FPAA 5
PBL 11
Avg volume (30D)
FPAA 15.3K sh, better
PBL 5.03K sh
NAV per share
FPAA $25.87
PBL $32.76
52W range

ETF.net Grade

FPAA: Cost 90, Risk 82, Mission 10, Tradability 48, Holdings 32, Durability 30. PBL: Cost 93, Risk 66, Mission not scored, Tradability 30, Holdings not scored, Durability 65.
Pillar letters and Scores for FPAA, PBL, with each pillar’s weight
PillarFPAAPBL
Cost30% weightA90A93Higher
Mission25% weightF10Not scored
Risk15% weightA82HigherB66
Tradability15% weightC48HigherD30
Holdings10% weightD32Not scored
Durability5% weightD30B65Higher

Rank among Tactical Allocation funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. FPAA and PBL are both graded against the same 46 Tactical Allocation funds, so their Grades compare head to head.

Tactical Allocation⁠

Category · 46 funds
See all 46 ›

PBL ranks 3rd and FPAA 24th of 46 funds in the Tactical Allocation Category.

  1. Rank 1AENDWCambria Endowment Style ETFScore 81
  2. Rank 2ARISNInspire Capital Appreciation ETFScore 72
  3. Rank 3APBLPGIM Portfolio Ballast ETFScore 70
  4. Rank 3APTBDPacer Trendpilot US Bond ETFScore 70
  5. Rank 24CCLSMETC Cabana Target Leading Sector Moderate ETFScore 53
  6. Rank 24CFPAAFPA Global Allocation ETFScore 53
  7. Rank 24CGMMAGammaRoad Market Navigation ETFScore 53

FPAA vs PBL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FPAA vs PBL Cost

Overpaying FPAA vs PBL

$751

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • FPAA 0.49%

    $9,792

  • PBL 0.45%

    $9,041

$10,000
30 years

Cost over time

  • FPAA 0.49%
  • PBL 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530FPAA $9,792PBL $9,041

Year by year

YearFPAAPBLOverpaying
10$883$812$71
20$3,394$3,128$266
30$9,792$9,041$751

Expense ratio

  • 0.49%FPAA
  • 0.45%PBL, cheaper
  • Middle half of Tactical Allocation funds
  • Median 0.93%

PBL 4th cheapest of 46 funds

FPAA 5th cheapest of 46 funds

FPAA vs PBL Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
FPAA No data
PBL 2.06%
Payout (12M)
FPAA No data
PBL $0.68
Last payment
FPAA $0.13
PBL $0.68
Ex-dividend
FPAA Sep 25, 2026
PBL Dec 30, 2025
Paid on
FPAA Sep 29, 2026
PBL Jan 2, 2026
Frequency
FPAA Irregular
PBL Annual

Distribution history

Per share, 2022 to 2026, same scale for both

FPAAIrregular · 1 paymentAll FPAA payments⁠
One bar per payment. 1 payment from 2022 to 2026 YTD. Sep 25, 2026 $0.13. Use the arrow keys to read each point.$0$220232026YTD
PBLAnnual · 4 paymentsAll PBL payments⁠
One bar per payment. 4 payments from 2022 to 2026 YTD. Dec 28, 2022 $0.04; Dec 27, 2023 $2.04; Dec 27, 2024 $1.94; Dec 30, 2025 $0.68. Use the arrow keys to read each point.$0$220232026YTD

FPAA vs PBL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
FPAA No dataPBL 8.8%
Return per unit of riskSharpe ratio, 3 years
FPAA No dataPBL 1.21
Worst fallMax drawdown, 5 years
FPAA No dataPBL −11.6%since Dec 2022
Market sensitivityBeta, 5 years
FPAA 0.93PBL 0.71

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