PJFG vs VYM

Quick Verdict

VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 568 holdings.

Lower Fees: VYMHigher Returns: VYMMore Diversified: VYM

Side-by-Side Comparison

MetricPJFGVYMWinner
Expense Ratio0.75%0.04%
AUM$133M$79.0B
Dividend Yield0.00%2.86%
Holdings37568
YTD Return+8.85%+16.78%
1Y Return+13.39%+24.43%
3Y Return (annualized)+23.01%+18.60%
5Y Return (annualized)-+12.30%
Volatility (annualized)18.5%14.6%
Max Drawdown-24.2%-58.8%
Fund FamilyPGIM InvestmentsVanguard (US)
CategoryEquityEquity
InceptionDec 12, 2022Nov 10, 2006

PJFG vs VYM Performance

PGIM Jennison Focused Growth ETF (PJFG) is a ETF from PGIM Investments and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year PJFG returned +13.39% while VYM returned +24.43%. Year to date, PJFG is up 8.85% versus a gain of 16.78% for VYM.

Over three years, PJFG compounded at +23.01% per year against +18.60% for VYM. Across the full 4-year window we track, PJFG has the edge at +26.96% annualized vs +7.11%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

PJFG has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 14.6% 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 -24.2% for PJFG and -58.8% for VYM. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.40. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

PJFG charges 0.75% per year while VYM charges 0.04%. On a $10,000 position that is $75 vs $4 annually, a gap of $71 per year that compounds over a long holding period. On income, PJFG currently yields 0.00% against 2.86% for VYM.

Holdings Overlap

6.7%overlap

PJFG and VYM share 2 holdings out of 590 unique holdings combined, representing a 6.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PJFGWeight in VYMDifference
AVGO5.47%6.47%1.00%
WMT1.24%2.44%1.20%

Frequently Asked Questions

Which is cheaper, PJFG or VYM?

PJFG has an expense ratio of 0.75% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $71 per year of difference.

Which performed better, PJFG or VYM?

Over the past year PJFG returned +13.39% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (4 years), PJFG annualized +26.96% vs +7.11% for VYM. Past performance does not guarantee future results.

Which is riskier, PJFG or VYM?

PJFG has been the more volatile fund at 18.5% annualized versus 14.6% for VYM. Worst drawdown: PJFG -24.2% vs VYM -58.8%.

Should I hold both PJFG and VYM?

PJFG and VYM have a monthly-return correlation of 0.40, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PJFG and VYM?

PJFG and VYM share 2 common holdings with a 6.7% weight overlap. Combined, they hold 590 unique securities.

Which pays a higher dividend, PJFG or VYM?

PJFG yields 0.00% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.

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