PJFM vs VTI
PGIM Jennison Focused Mid-Cap ETF vs Vanguard Morningstar Total Stock Market ETF
Which is better, PJFM or VTI?
Mid Cap Blend against Large Cap Blend.
VTI has a lower expense ratio. VTI led over 1Y and the full window. PJFM is less concentrated, with 32.7% of the fund in its ten largest positions against 33.3%.
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 | VTI |
|---|---|---|
| Expense Ratio | 0.49% | 0.03%Best |
| AUM | $20M | $666.9B |
| Dividend Yield | 0.58% | 1.03% |
| Holdings | 51 | 3,543 |
| YTD Return | +4.59% | +13.60%Best |
| 1Y Return | +9.10% | +18.17%Best |
| 3Y Return (annualized) | - | +23.04% |
| 5Y Return (annualized) | - | +12.14% |
| Volatility (annualized) | 15.3% | 12.0%Best |
| Max Drawdown | -22.8% | -19.3%Best |
| $10,000 over 2.8 years | $12,979 | $16,630Best |
| Top 10 Weight | 32.7%Best | 33.3% |
| Fund Family | PGIM Investments | Vanguard (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Blend |
| Inception | Dec 14, 2023 | May 24, 2001 |
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 Sep 25, 2026 (2.8 years).
PJFM vs VTI 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 VTI Performance
PGIM Jennison Focused Mid-Cap ETF (PJFM) is an ETF from PGIM Investments and Vanguard Morningstar Total Stock Market ETF (VTI) is an ETF from Vanguard (US). Over the past year PJFM returned +9.10% while VTI returned +18.17%. Year to date, PJFM is up 4.59% versus a gain of 13.60% for VTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFM has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 12.0% for VTI. 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 -19.3% for VTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PJFM charges 0.49% per year while VTI 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 1.03% for VTI.
Holdings Overlap
90.9% of PJFM's money is in holdings VTI also owns. 1.1% of VTI's money is in holdings PJFM also owns.
Most of PJFM is already inside VTI. Owning both mostly buys the same companies twice.
46 positions in common, counted across the 50 positions we hold weights for in PJFM and 3,463 in VTI, against full books of 51 and 3,543.
What only one of them owns
Our book lists 1,107 positions for VTI that do not appear in our book for PJFM (96.4% of the fund), and 0 for PJFM that do not appear in VTI (0.0%).
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 VTI | Difference |
|---|---|---|---|
| NINisource Inc. | 4.43% | 0.03% | 4.40% |
| MKLMarkel Group Inc | 4.15% | 0.07% | 4.08% |
| CBRECbre Services Inc | 3.37% | 0.06% | 3.31% |
| AXSAxis Capital Holdings Ltd. | 3.18% | 0.01% | 3.17% |
| GLPIGaming And Leisure Properties Inc | 3.14% | 0.02% | 3.12% |
| WTFCWintrust Financial Corp | 3.14% | 0.01% | 3.13% |
| MCHPMicrochip Technology Inc. | 2.90% | 0.06% | 2.84% |
| 0RMV:LNTechnipfmc Plc Ordinary Shares | 2.75% | 0.04% | 2.71% |
| OASChord Energy Corp | 2.66% | 0.01% | 2.65% |
| KEYSKeysight Technologies Inc. | 2.58% | 0.08% | 2.50% |
90.9% of PJFM is already inside VTI.
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 VTI?
PJFM has an expense ratio of 0.49% while VTI charges 0.03%. VTI is the cheaper option, by $46 a year on a $10,000 investment.
Which performed better, PJFM or VTI?
Over the past year PJFM returned +9.10% vs +18.17% for VTI, so VTI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PJFM or VTI?
PJFM has been the more volatile fund at 15.3% annualized versus 12.0% for VTI. Worst drawdown: PJFM -22.8% vs VTI -19.3%.
Should I hold both PJFM and VTI?
PJFM and VTI have a monthly-return correlation of 0.82, 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 VTI?
90.9% of PJFM's money is in holdings VTI also owns. 1.1% of VTI's is in holdings PJFM also owns. They hold 46 positions in common, counted across the 50 positions we hold weights for in PJFM and 3,463 in VTI.
Which pays a higher dividend, PJFM or VTI?
PJFM yields 0.58% while VTI yields 1.03%, so VTI currently pays the higher dividend yield.
Is VTI better than PJFM?
VTI has a lower expense ratio. VTI led over 1Y and the full window. PJFM is less concentrated, with 32.7% of the fund in its ten largest positions against 33.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.