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PBL vs RHTX

PGIM Portfolio Ballast ETF

PBLACboe

RH Tactical Outlook ETF

RHTXFNYSE Arca

Overlap

Expense ratio

PBL −1.09pt a year

PBL0.45%RHTX1.54%

Avg volume · 30D

PBL 9.7×the volume

PBL5.03KRHTX517

3Y return · a year

PBL +0.5pt

PBL+14.8%RHTX+14.3%

PBL vs RHTX Performance

Nov 7, 2025 – Nov 9, 2026

+8.5%PBL+8.7%RHTX

Nov 7, 2025 to Nov 9, 2026. PBL +8.5%. RHTX +8.7%. Use the arrow keys to read each point.0%15%Nov 2025May 2026Nov 2026
Expense ratio
PBL 0.45%, better
RHTX 1.54%
Fund size
PBL $69M
RHTX $7M
1Y total return
PBL +8.5%
RHTX +8.7%, better
Yield (12M)
PBL 2.06%
RHTX No data
Holdings
PBL 11
RHTX 6
Avg volume (30D)
PBL 5.03K sh, better
RHTX 517 sh
NAV per share
PBL $32.76
RHTX $19.08
52W range

ETF.net Grade

PBL: Cost 93, Risk 66, Mission not scored, Tradability 30, Holdings not scored, Durability 65. RHTX: Cost 11, Risk 31, Mission 22, Tradability 5, Holdings 39, Durability 53.
Pillar letters and Scores for PBL, RHTX, with each pillar’s weight
PillarPBLRHTX
Cost30% weightA93HigherF11
Mission25% weightNot scoredF22
Risk15% weightB66HigherD31
Tradability15% weightD30HigherF5
Holdings10% weightNot scoredD39
Durability5% weightB65HigherC53

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. PBL and RHTX 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 RHTX 46th 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 43FQPXAdvisorShares Q Dynamic Growth ETFScore 23
  6. Rank 46FRHTXRH Tactical Outlook ETFScore 20

Our read on each fund

ETF.net Research

PBLAPGIM Portfolio Ballast ETF

RHTXFRH Tactical Outlook ETF

In short

PBL No data

RHTX A go-anywhere allocator: it can sit anywhere from all stocks to all bonds, built from plain index ETFs and steered by the adviser's own macro and technical read. Running since 2012.

Stated mandate

PBL No data

RHTX The Fund seeks total return from capital appreciation and current income, with a secondary goal of downside protection. It uses tactical asset allocation across equity and fixed-income ETFs and may use alternative-investment ETFs and options for risk management.

Why people hold it

PBL No data

  • RHTX Can shift 0% to 100% between equity and fixed-income ETFs, with up to 20% in alternatives (REITs, commodities, long/short, global macro) used as a hedge.ncfunds.com
  • Built from mainstream index ETFs, selected on how closely they track large-cap, S&P MidCap 400 and small-cap benchmarks rather than on star-manager picks.ncfunds.com
  • Downside protection is a stated secondary goal, and the adviser may use options on ETFs and equities for risk management.ncfunds.com
  • Trading since 2012, so this tactical mandate has been live through several very different market regimes.

Worth knowing

PBL No data

  • RHTX Costs 1.54% net of a waiver through September 30, 2027 (3.50% gross), above the category median and above peers such as ENDW at 0.22%.
  • No index to measure it against. Results hinge on the adviser's technical and macro calls, and the mix can look nothing like a standard 60/40.ncfunds.com
  • A small, thinly traded fund, so bid-ask spreads can run wider than the category's heavily traded names.

Full PBL profile⁠

Full RHTX profile⁠

PBL vs RHTX 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.

PBL vs RHTX Cost

Overpaying RHTX vs PBL

$17,806

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

  • PBL 0.45%

    $9,041

  • RHTX 1.54%

    $26,847

$10,000
30 years

Cost over time

  • PBL 0.45%
  • RHTX 1.54%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530RHTX $26,847PBL $9,041

Year by year

YearPBLRHTXOverpaying
10$812$2,655$1,843
20$3,128$9,740$6,612
30$9,041$26,847$17,806

Expense ratio

  • 0.45%PBL, cheaper
  • 1.54%RHTX
  • Middle half of Tactical Allocation funds
  • Median 0.93%

PBL 4th cheapest of 46 funds

RHTX 41st cheapest of 46 funds

PBL vs RHTX Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
PBL 2.06%
RHTX No data
Payout (12M)
PBL $0.68
RHTX None
Last payment
PBL $0.68
RHTX No data
Ex-dividend
PBL Dec 30, 2025
RHTX No data
Paid on
PBL Jan 2, 2026
RHTX No data
Frequency
PBL Annual
RHTX No data

Distribution history

Per share, 2022 to 2026, same scale for both

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
RHTXAll RHTX payments⁠

No distribution history available.

PBL vs RHTX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PBL 8.8%, betterRHTX 11.7%
Return per unit of riskSharpe ratio, 3 years
PBL 1.21, betterRHTX 0.82
Worst fallMax drawdown, 5 years
PBL −11.6%since Dec 2022RHTX −24.7%
Market sensitivityBeta, 5 years
PBL 0.71RHTX 1.07

PBL and RHTX in the news

All news⁠

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