PJFM vs VOO

PJFM vs VOO
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Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricPJFMVOOWinner
Expense Ratio0.49%0.03%
AUM$21M$997.4B
Dividend Yield0.58%1.08%
Holdings45509
YTD Return+10.20%+14.27%
1Y Return+15.76%+21.79%
3Y Return (annualized)-+22.19%
5Y Return (annualized)-+13.28%
Volatility (annualized)15.6%14.2%
Max Drawdown-22.8%-34.3%
Fund FamilyPGIM InvestmentsVanguard (US)
CategoryEquityEquity
InceptionDec 14, 2023Sep 7, 2010

PJFM vs VOO Performance

PGIM Jennison Focused Mid-Cap ETF (PJFM) is a ETF from PGIM Investments and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year PJFM returned +15.76% while VOO returned +21.79%. Year to date, PJFM is up 10.20% versus a gain of 14.27% for VOO.

Risk: Volatility and Drawdowns

PJFM has been the more volatile fund, with annualized monthly volatility of 15.6% compared with 14.2% for VOO. 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 -22.8% for PJFM and -34.3% for VOO. 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 0.78. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

PJFM charges 0.49% per year while VOO charges 0.03%. On a $10,000 position that is $49 vs $3 annually, a gap of $46 per year that compounds over a long holding period. On income, PJFM currently yields 0.58% against 1.08% for VOO.

Holdings Overlap

0.6%overlap

PJFM and VOO share 10 holdings out of 542 unique holdings combined, representing a 0.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PJFMWeight in VOODifference
NI4.83%0.04%4.79%
CBRE3.34%0.06%3.28%
MCHP3.04%0.08%2.96%
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Frequently Asked Questions

Which is cheaper, PJFM or VOO?

PJFM has an expense ratio of 0.49% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $46 per year of difference.

Which performed better, PJFM or VOO?

Over the past year PJFM returned +15.76% vs +21.79% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), PJFM annualized +12.40% vs +13.59% for VOO. Past performance does not guarantee future results.

Which is riskier, PJFM or VOO?

PJFM has been the more volatile fund at 15.6% annualized versus 14.2% for VOO. Worst drawdown: PJFM -22.8% vs VOO -34.3%.

Should I hold both PJFM and VOO?

PJFM and VOO have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between PJFM and VOO?

PJFM and VOO share 10 common holdings with a 0.6% weight overlap. Combined, they hold 542 unique securities.

Which pays a higher dividend, PJFM or VOO?

PJFM yields 0.58% while VOO yields 1.08%, so VOO currently pays the higher dividend yield.

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