IVV vs PJFG
iShares Core S&P 500 ETF vs PGIM Jennison Focused Growth ETF
Which is better, IVV or PJFG?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over 1Y, PJFG over 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.3%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | PJFG |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.75% |
| AUM | $876.4B | $138M |
| Dividend Yield | 1.06% | 0.00% |
| Holdings | 508 | 41 |
| YTD Return | +12.51%Best | +5.90% |
| 1Y Return | +17.57%Best | +8.10% |
| 3Y Return (annualized) | +21.27% | +21.41%Best |
| 5Y Return (annualized) | +12.95% | - |
| Volatility (annualized) | 12.5%Best | 18.3% |
| Max Drawdown | -18.8%Best | -24.2% |
| $10,000 over 3.7 years | $19,992 | $23,105Best |
| Top 10 Weight | 37.9%Best | 61.3% |
| Fund Family | iShares by BlackRock (US) | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Dec 12, 2022 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Dec 14, 2022 to Sep 11, 2026 (3.7 years).
IVV vs PJFG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.7 years both funds cover.
IVV vs PJFG Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and PGIM Jennison Focused Growth ETF (PJFG) is an ETF from PGIM Investments. Over the past year IVV returned +17.57% while PJFG returned +8.10%. Year to date, IVV is up 12.51% versus a gain of 5.90% for PJFG.
Over three years, IVV compounded at +21.27% per year against +21.41% for PJFG. Across the full 4-year window we track, PJFG has the edge at +25.40% annualized vs +20.59%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFG has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 12.5% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -18.8% for IVV and -24.2% for PJFG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PJFG charges 0.75%. On a $10,000 position that is $3 vs $75 annually, a gap of $72 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 0.00% for PJFG.
Holdings Overlap
43.7% of IVV's money is in holdings PJFG also owns. 90.3% of PJFG's money is in holdings IVV also owns.
Most of PJFG is already inside IVV. Owning both mostly buys the same companies twice.
30 positions in common, counted across the 505 positions we hold weights for in IVV and 37 in PJFG, against full books of 508 and 41.
What only one of them owns
Our book lists 5 positions for PJFG that do not appear in our book for IVV (6.0% of the fund), and 465 for IVV that do not appear in PJFG (55.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in IVV | Weight in PJFG | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 7.98% | 12.29% | 4.31% |
| AAPLApple, Inc | 6.86% | 7.52% | 0.66% |
| GOOGLAlphabet A Usd 0.001 | 3.19% | 9.33% | 6.14% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.44% | 5.98% | 0.54% |
| AMZNAmazon.Com Inc | 4.01% | 5.79% | 1.78% |
| AVGOBroadcom Inc | 2.98% | 4.99% | 2.01% |
| LLYEli Lilly & Co. | 1.39% | 4.53% | 3.14% |
| METAMeta Platforms, Inc. | 1.94% | 3.27% | 1.33% |
| MAMastercard Inc | 0.69% | 3.94% | 3.25% |
| AMDAdvanced Micro Devices Inc. | 1.18% | 3.42% | 2.24% |
90.3% of PJFG is already inside IVV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or PJFG?
IVV has an expense ratio of 0.03% while PJFG charges 0.75%. IVV is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IVV or PJFG?
Over the past year IVV returned +17.57% vs +8.10% for PJFG, so IVV leads on 1-year performance. Over the longest common window we track (4 years), IVV annualized +20.59% vs +25.40% for PJFG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or PJFG?
PJFG has been the more volatile fund at 18.3% annualized versus 12.5% for IVV. Worst drawdown: IVV -18.8% vs PJFG -24.2%.
Should I hold both IVV and PJFG?
IVV and PJFG have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IVV and PJFG?
90.3% of PJFG's money is in holdings IVV also owns. 90.3% of PJFG's is in holdings IVV also owns. They hold 30 positions in common, counted across the 505 positions we hold weights for in IVV and 37 in PJFG.
Which pays a higher dividend, IVV or PJFG?
IVV yields 1.06% while PJFG yields 0.00%, so IVV currently pays the higher dividend yield.
Is PJFG better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, PJFG over 3Y and the full window. IVV is less concentrated, with 37.9% of the fund in its ten largest positions against 61.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.