LRGG vs PJFG
Nomura Focused Large Growth ETF vs PGIM Jennison Focused Growth ETF
Which is better, LRGG or PJFG?
Each has led over a different period.
LRGG has a lower expense ratio. LRGG led over 1Y, PJFG over the full window. PJFG is less concentrated, with 62.2% of the fund in its ten largest positions against 69.7%.
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 | LRGG | PJFG |
|---|---|---|
| Expense Ratio | 0.44%Best | 0.75% |
| AUM | $286M | $130M |
| Dividend Yield | 0.15% | 0.00% |
| Holdings | 46 | 80 |
| YTD Return | +3.25% | +3.76%Best |
| 1Y Return | +1.46%Best | +0.95% |
| 3Y Return (annualized) | - | +19.67% |
| Volatility (annualized) | 12.2%Best | 17.9% |
| Max Drawdown | -18.9%Best | -24.2% |
| $10,000 over 2.5 years | $11,985 | $13,785Best |
| Top 10 Weight | 69.7% | 62.2%Best |
| Fund Family | Nomura Asset Management Co Ltd | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 14, 2024 | Dec 12, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 15, 2024 to Nov 11, 2026 (2.5 years).
LRGG 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 2.5 years both funds cover.
LRGG vs PJFG Performance
Nomura Focused Large Growth ETF (LRGG) is an ETF from Nomura Asset Management Co Ltd and PGIM Jennison Focused Growth ETF (PJFG) is an ETF from PGIM Investments. Over the past year LRGG returned +1.46% while PJFG returned +0.95%. Year to date, LRGG is up 3.25% versus a gain of 3.76% for PJFG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFG has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 12.2% for LRGG. 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 -18.9% for LRGG 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LRGG charges 0.44% per year while PJFG charges 0.75%. On a $10,000 position that is $44 vs $75 annually, a gap of $31 per year that compounds over a long holding period. On income, LRGG currently yields 0.15% against 0.00% for PJFG.
Holdings Overlap
51.8% of LRGG's money is in holdings PJFG also owns. 41.4% of PJFG's money is in holdings LRGG also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 21 positions we hold weights for in LRGG and 37 in PJFG, against full books of 46 and 80.
What only one of them owns
Our book lists 27 positions for PJFG that do not appear in our book for LRGG (56.4% of the fund), and 11 for LRGG that do not appear in PJFG (43.5%).
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 LRGG | Weight in PJFG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.44% | 11.61% | 3.83% |
| MSFTMicrosoft Corp | 9.08% | 6.82% | 2.26% |
| AAPLApple Inc | 6.97% | 7.21% | 0.24% |
| AMZNAmazon.Com Inc | 3.42% | 5.37% | 1.95% |
| GEGeneral Electric Co. | 4.03% | 3.29% | 0.74% |
| 2330:TWTaiwan Semiconductor Manufacturing Co Ltd | 5.35% | 1.82% | 3.53% |
| MAMastercard Inc | 2.67% | 4.10% | 1.43% |
| ISRGIntuitive Surgical Inc | 4.82% | 1.21% | 3.61% |
51.8% of LRGG is already inside PJFG.
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, LRGG or PJFG?
LRGG has an expense ratio of 0.44% while PJFG charges 0.75%. LRGG is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, LRGG or PJFG?
Over the past year LRGG returned +1.46% vs +0.95% for PJFG, so LRGG leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LRGG or PJFG?
PJFG has been the more volatile fund at 17.9% annualized versus 12.2% for LRGG. Worst drawdown: LRGG -18.9% vs PJFG -24.2%.
Should I hold both LRGG and PJFG?
LRGG and PJFG have a monthly-return correlation of 0.80, 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 LRGG and PJFG?
51.8% of LRGG's money is in holdings PJFG also owns. 41.4% of PJFG's is in holdings LRGG also owns. They hold 8 positions in common, counted across the 21 positions we hold weights for in LRGG and 37 in PJFG.
Which pays a higher dividend, LRGG or PJFG?
LRGG yields 0.15% while PJFG yields 0.00%, so LRGG currently pays the higher dividend yield.
Is PJFG better than LRGG?
LRGG has a lower expense ratio. LRGG led over 1Y, PJFG over the full window. PJFG is less concentrated, with 62.2% of the fund in its ten largest positions against 69.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.