NUGO vs PJFG
Nuveen Growth Opportunities ETF vs PGIM Jennison Focused Growth ETF
Which is better, NUGO or PJFG?
Nearly the same fund. NUGO costs less.
NUGO has a lower expense ratio. NUGO led over 3Y, PJFG over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. PJFG is less concentrated, with 62.2% of the fund in its ten largest positions against 62.4%.
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 | NUGO | PJFG |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.75% |
| AUM | $2.2B | $130M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 86 | 80 |
| YTD Return | +2.88% | +3.76%Best |
| 1Y Return | +0.83% | +0.95%Best |
| 3Y Return (annualized) | +19.84%Best | +19.67% |
| 5Y Return (annualized) | +9.40% | - |
| Volatility (annualized) | 16.8%Best | 18.3% |
| Max Drawdown | -25.1% | -24.2%Best |
| $10,000 over 3.9 years | $22,214 | $22,806Best |
| Top 10 Weight | 62.4% | 62.2%Best |
| Fund Family | Nuveen | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Sep 27, 2021 | Dec 12, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Dec 14, 2022 to Nov 11, 2026 (3.9 years).
NUGO 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 3.9 years both funds cover.
NUGO vs PJFG Performance
Nuveen Growth Opportunities ETF (NUGO) is an ETF from Nuveen and PGIM Jennison Focused Growth ETF (PJFG) is an ETF from PGIM Investments. Over the past year NUGO returned +0.83% while PJFG returned +0.95%. Year to date, NUGO is up 2.88% versus a gain of 3.76% for PJFG.
Over three years, NUGO compounded at +19.84% per year against +19.67% for PJFG. Across the full 4-year window we track, PJFG has the edge at +23.54% annualized vs +22.71%.
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 16.8% for NUGO. 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 -25.1% for NUGO 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 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NUGO charges 0.50% per year while PJFG charges 0.75%. On a $10,000 position that is $50 vs $75 annually, a gap of $25 per year that compounds over a long holding period. On income, NUGO currently yields 0.00% against 0.00% for PJFG.
Holdings Overlap
74.1% of NUGO's money is in holdings PJFG also owns. 77.5% of PJFG's money is in holdings NUGO also owns.
Most of PJFG is already inside NUGO. Owning both mostly buys the same companies twice.
19 positions in common, counted across the 43 positions we hold weights for in NUGO and 37 in PJFG, against full books of 86 and 80.
What only one of them owns
Our book lists 15 positions for PJFG that do not appear in our book for NUGO (18.6% of the fund), and 24 for NUGO that do not appear in PJFG (25.9%).
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 NUGO | Weight in PJFG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 15.28% | 11.61% | 3.67% |
| GOOGLAlphabet Inc | 10.56% | 9.51% | 1.05% |
| AAPLApple Inc | 7.45% | 7.21% | 0.24% |
| MSFTMicrosoft Corp | 7.58% | 6.82% | 0.76% |
| AVGOBroadcom Inc | 6.00% | 4.54% | 1.46% |
| LLYEli Lilly & Co | 4.20% | 4.86% | 0.66% |
| MAMastercard Inc | 3.47% | 4.10% | 0.63% |
| AMZNAmazon.Com Inc | 1.97% | 5.37% | 3.40% |
| AMDAdvanced Micro Devices Inc | 2.83% | 3.92% | 1.09% |
| METAMeta Platforms Inc | 2.17% | 4.22% | 2.05% |
77.5% of PJFG is already inside NUGO.
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, NUGO or PJFG?
NUGO has an expense ratio of 0.50% while PJFG charges 0.75%. NUGO is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, NUGO or PJFG?
Over the past year NUGO returned +0.83% vs +0.95% for PJFG, so PJFG leads on 1-year performance. Over the longest common window we track (4 years), NUGO annualized +22.71% vs +23.54% for PJFG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUGO or PJFG?
PJFG has been the more volatile fund at 18.3% annualized versus 16.8% for NUGO. Worst drawdown: NUGO -25.1% vs PJFG -24.2%.
Should I hold both NUGO and PJFG?
NUGO and PJFG have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between NUGO and PJFG?
77.5% of PJFG's money is in holdings NUGO also owns. 77.5% of PJFG's is in holdings NUGO also owns. They hold 19 positions in common, counted across the 43 positions we hold weights for in NUGO and 37 in PJFG.
Which pays a higher dividend, NUGO or PJFG?
NUGO yields 0.00% while PJFG yields 0.00%, so PJFG currently pays the higher dividend yield.
Is PJFG better than NUGO?
NUGO has a lower expense ratio. NUGO led over 3Y, PJFG over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. PJFG is less concentrated, with 62.2% of the fund in its ten largest positions against 62.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.