PJFM vs VOO
PGIM Jennison Focused Mid-Cap ETF vs Vanguard S&P 500 ETF
Which is better, PJFM or VOO?
Mid Cap Blend against Large Cap Blend.
VOO has a lower expense ratio. VOO led over 1Y and the full window. PJFM is less concentrated, with 32.7% of the fund in its ten largest positions against 37.6%.
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 | PJFM | VOO |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $19M | $1.0T |
| Dividend Yield | 0.58% | 1.04% |
| Holdings | 105 | 506 |
| YTD Return | +5.66% | +13.59%Best |
| 1Y Return | +9.84% | +16.33%Best |
| 3Y Return (annualized) | - | +23.81% |
| 5Y Return (annualized) | - | +14.02% |
| Volatility (annualized) | 15.2% | 11.7%Best |
| Max Drawdown | -22.8% | -18.7%Best |
| $10,000 over 2.8 years | $13,089 | $16,813Best |
| Top 10 Weight | 32.7%Best | 37.6% |
| Fund Family | PGIM Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Dec 14, 2023 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Dec 19, 2023 to Oct 2, 2026 (2.8 years).
PJFM vs VOO 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 2.8 years both funds cover.
PJFM vs VOO Performance
PGIM Jennison Focused Mid-Cap ETF (PJFM) is an ETF from PGIM Investments and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year PJFM returned +9.84% while VOO returned +16.33%. Year to date, PJFM is up 5.66% versus a gain of 13.59% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFM has been the more volatile fund, with annualized monthly volatility of 15.2% compared with 11.7% 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 -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. 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 1.04% for VOO.
Holdings Overlap
25.2% of PJFM's money is in holdings VOO also owns. 0.6% of VOO's money is in holdings PJFM also owns.
PJFM and VOO share little of their money.
11 positions in common, counted across the 51 positions we hold weights for in PJFM and 494 in VOO, against full books of 105 and 506.
What only one of them owns
Our book lists 476 positions for VOO that do not appear in our book for PJFM (98.5% of the fund), and 34 for PJFM that do not appear in VOO (58.9%).
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 PJFM | Weight in VOO | Difference |
|---|---|---|---|
| NINisource Inc. | 4.39% | 0.03% | 4.36% |
| CBRECBRE group | 3.28% | 0.07% | 3.21% |
| MCHPMicrochip Technology Inc. | 2.92% | 0.06% | 2.86% |
| KEYSKeysight Technologies Inc. | 2.67% | 0.08% | 2.59% |
| LITELumentum Holdings Inc | 2.54% | 0.09% | 2.45% |
| CMSCms Energy Corp. | 2.49% | 0.03% | 2.46% |
| GNRCGenerac Holdings, Inc. | 1.74% | 0.02% | 1.72% |
| NDSNNordson Corp | 1.54% | 0.02% | 1.52% |
| ELVElevance Health Inc | 1.33% | 0.13% | 1.20% |
| RLRalph Lauren Corp. Class A | 1.35% | 0.02% | 1.33% |
25.2% of PJFM is already inside VOO.
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, PJFM or VOO?
PJFM has an expense ratio of 0.49% while VOO charges 0.03%. VOO is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, PJFM or VOO?
Over the past year PJFM returned +9.84% vs +16.33% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PJFM or VOO?
PJFM has been the more volatile fund at 15.2% annualized versus 11.7% for VOO. Worst drawdown: PJFM -22.8% vs VOO -18.7%.
Should I hold both PJFM and VOO?
PJFM and VOO have a monthly-return correlation of 0.77, 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 PJFM and VOO?
25.2% of PJFM's money is in holdings VOO also owns. 0.6% of VOO's is in holdings PJFM also owns. They hold 11 positions in common, counted across the 51 positions we hold weights for in PJFM and 494 in VOO.
Which pays a higher dividend, PJFM or VOO?
PJFM yields 0.58% while VOO yields 1.04%, so VOO currently pays the higher dividend yield.
Is VOO better than PJFM?
VOO has a lower expense ratio. VOO led over 1Y and the full window. PJFM is less concentrated, with 32.7% of the fund in its ten largest positions against 37.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.