PJFV vs QQQ
PGIM Jennison Focused Value ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. PJFV delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | PJFV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.33% | 0.18% | |
| AUM | $154M | $496.3B | |
| Dividend Yield | 0.57% | 0.44% | |
| Holdings | 36 | 108 | |
| YTD Return | +19.76% | +16.23% | |
| 1Y Return | +31.91% | +26.23% | |
| 3Y Return (annualized) | +24.94% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 11.9% | 30.6% | |
| Max Drawdown | -18.1% | -83.0% | |
| Fund Family | PGIM Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 12, 2022 | Mar 10, 1999 |
PJFV vs QQQ Performance
PGIM Jennison Focused Value ETF (PJFV) is a ETF from PGIM Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PJFV returned +31.91% while QQQ returned +26.23%. Year to date, PJFV is up 19.76% versus a gain of 16.23% for QQQ.
Over three years, PJFV compounded at +24.94% per year against +25.75% for QQQ. Across the full 4-year window we track, PJFV has the edge at +21.78% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.9% for PJFV. 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 -18.1% for PJFV and -83.0% for QQQ. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PJFV charges 0.33% per year while QQQ charges 0.18%. On a $10,000 position that is $33 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, PJFV currently yields 0.57% against 0.44% for QQQ.
Holdings Overlap
PJFV and QQQ share 9 holdings out of 128 unique holdings combined, representing a 27.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PJFV or QQQ?
PJFV has an expense ratio of 0.33% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $15 per year of difference.
Which performed better, PJFV or QQQ?
Over the past year PJFV returned +31.91% vs +26.23% for QQQ, so PJFV leads on 1-year performance. Over the longest common window we track (4 years), PJFV annualized +21.78% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, PJFV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.9% for PJFV. Worst drawdown: PJFV -18.1% vs QQQ -83.0%.
Should I hold both PJFV and QQQ?
PJFV and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PJFV and QQQ?
PJFV and QQQ share 9 common holdings with a 27.0% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, PJFV or QQQ?
PJFV yields 0.57% while QQQ yields 0.44%, so PJFV currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.