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PBL vs TOAO

PGIM Portfolio Ballast ETF

PBLACboe

Twin Oak Active Opportunities III ETF

TOAODCboe

Overlap

Expense ratio

PBL −0.50pt a year

PBL0.45%TOAO0.95%

Avg volume · 30D

PBL 34.4×the volume

PBL5.03KTOAO146

PBL vs TOAO Performance

Aug 6, 2026 – Nov 6, 2026

−3.3%PBL−5.4%TOAO

Aug 6, 2026 to Nov 6, 2026. PBL −3.3%. TOAO −5.4%. Use the arrow keys to read each point.−2%0%2%Aug 2026Sep 2026Nov 2026
Expense ratio
PBL 0.45%, better
TOAO 0.95%
Fund size
PBL $70M
TOAO $418M
1Y total return
PBL +7.5%
TOAO No data
Yield (12M)
PBL 2.08%
TOAO No data
Holdings
PBL 12
TOAO 40
Avg volume (30D)
PBL 5.03K sh, better
TOAO 146 sh
NAV per share
PBL $32.86
TOAO $25.65
52W range

ETF.net Grade

PBL: Cost 93, Risk 66, Mission not scored, Tradability 30, Holdings not scored, Durability 65. TOAO: Cost 44, Risk 40, Mission not scored, Tradability 3, Holdings 77, Durability 61.
Pillar letters and Scores for PBL, TOAO, with each pillar’s weight
PillarPBLTOAO
Cost30% weightA93HigherC44
Mission25% weightNot scoredNot scored
Risk15% weightB66HigherC40
Tradability15% weightD30HigherF3
Holdings10% weightNot scoredA77
Durability5% weightB65HigherB61

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 TOAO 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 4th and TOAO 35th of 46 funds in the Tactical Allocation Category.

  1. Rank 1AENDWCambria Endowment Style ETFScore 81
  2. Rank 2APTBDPacer Trendpilot US Bond ETFScore 72
  3. Rank 3ARISNInspire Capital Appreciation ETFScore 71
  4. Rank 4APBLPGIM Portfolio Ballast ETFScore 70
  5. Rank 4BPWSPacer WealthShield ETFScore 70
  6. Rank 35DGHTAGoose Hollow Tactical Allocation ETFScore 40
  7. Rank 35DTOAOTwin Oak Active Opportunities III ETFScore 40
  8. Rank 38CWBIGWBI BullBear Yield 3000 ETFScore 39

PBL vs TOAO 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 TOAO Cost

Overpaying TOAO vs PBL

$8,828

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

  • PBL 0.45%

    $9,041

  • TOAO 0.95%

    $17,869

$10,000
30 years

Cost over time

  • PBL 0.45%
  • TOAO 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530TOAO $17,869PBL $9,041

Year by year

YearPBLTOAOOverpaying
10$812$1,678$866
20$3,128$6,322$3,194
30$9,041$17,869$8,828

Expense ratio

  • 0.45%PBL, cheaper
  • 0.95%TOAO
  • Middle half of Tactical Allocation funds
  • Median 0.93%

PBL 4th cheapest of 46 funds

TOAO 25th cheapest of 46 funds

PBL vs TOAO Dividends

Last 12 months to Nov 6, 2026
Yield (12M)
PBL 2.08%
TOAO No data
Payout (12M)
PBL $0.68
TOAO None
Last payment
PBL $0.68
TOAO No data
Ex-dividend
PBL Dec 30, 2025
TOAO No data
Paid on
PBL Jan 2, 2026
TOAO No data
Frequency
PBL Annual
TOAO 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
TOAOAll TOAO payments⁠

No distribution history available.

PBL vs TOAO 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%TOAO No data
Return per unit of riskSharpe ratio, 3 years
PBL 1.21TOAO No data
Worst fallMax drawdown, 5 years
PBL −11.6%since Dec 2022TOAO No data
Market sensitivityBeta, 5 years
PBL 0.71TOAO 0.22

PBL and TOAO in the news

All news⁠

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