PJBF vs VYM
PGIM Jennison Better Future ETF vs Vanguard High Dividend Yield ETF
Which is better, PJBF or VYM?
Large Cap Growth against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 50.7%.
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 | PJBF | VYM |
|---|---|---|
| Expense Ratio | 0.59% | 0.04%Best |
| AUM | $11M | $81.6B |
| Dividend Yield | 0.21% | 2.22% |
| Holdings | 44 | 613 |
| Volatility (annualized) | 18.2% | 10.3%Best |
| Max Drawdown | -25.7% | -14.5%Best |
| $10,000 over 2.6 years | $13,420 | $15,541Best |
| Top 10 Weight | 50.7% | 26.1%Best |
| Fund Family | PGIM Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Dec 14, 2023 | Nov 10, 2006 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 70 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PJBF has data through Jul 13, 2026 and VYM through Sep 21, 2026.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Dec 19, 2023 to Jul 13, 2026 (2.6 years).
Risk: Volatility and Drawdowns
PJBF has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 10.3% for VYM. 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 -25.7% for PJBF and -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PJBF charges 0.59% per year while VYM charges 0.04%. On a $10,000 position that is $59 vs $4 annually, a gap of $55 per year that compounds over a long holding period. On income, PJBF currently yields 0.21% against 2.22% for VYM.
Holdings Overlap
1.8% of PJBF's money is in holdings VYM also owns. 7.3% of VYM's money is in holdings PJBF also owns.
VYM and PJBF share little of their money.
The two holdings books were reported 122 days apart, PJBF as of Mar 31, 2026 and VYM as of Jul 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
1 positions in common, counted across the 37 positions we hold weights for in PJBF and 557 in VYM, against full books of 44 and 613.
What only one of them owns
Our book lists 527 positions for VYM that do not appear in our book for PJBF (89.7% of the fund), and 23 for PJBF that do not appear in VYM (62.7%).
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 PJBF | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 1.75% | 7.35% | 5.60% |
You are not choosing between two funds in isolation.
Whichever of PJBF and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PJBF or VYM?
PJBF has an expense ratio of 0.59% while VYM charges 0.04%. VYM is the cheaper option, by $55 a year on a $10,000 investment.
Which is riskier, PJBF or VYM?
PJBF has been the more volatile fund at 18.2% annualized versus 10.3% for VYM. Worst drawdown: PJBF -25.7% vs VYM -14.5%.
Should I hold both PJBF and VYM?
PJBF and VYM have a monthly-return correlation of 0.37, 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 PJBF and VYM?
7.3% of VYM's money is in holdings PJBF also owns. 7.3% of VYM's is in holdings PJBF also owns. They hold 1 positions in common, counted across the 37 positions we hold weights for in PJBF and 557 in VYM.
Which pays a higher dividend, PJBF or VYM?
PJBF yields 0.21% while VYM yields 2.22%, so VYM currently pays the higher dividend yield.
Is VYM better than PJBF?
VYM has a lower expense ratio. VYM led over 1Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 50.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.