BKDV vs PJFV
BNY Mellon Dynamic Value ETF vs PGIM Jennison Focused Value ETF
Which is better, BKDV or PJFV?
PJFV has been ahead.
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 41.1%.
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 | BKDV | PJFV |
|---|---|---|
| Expense Ratio | 0.60% | 0.33%Best |
| AUM | $2.0B | $162M |
| Dividend Yield | 0.52% | 0.57% |
| Holdings | 84 | 37 |
| YTD Return | +17.55% | +21.80%Best |
| 1Y Return | +25.34% | +29.67%Best |
| 3Y Return (annualized) | - | +25.30% |
| Volatility (annualized) | 11.8%Best | 12.4% |
| Max Drawdown | -15.5%Best | -18.1% |
| $10,000 over 1.9 years | $13,846 | $14,671Best |
| Top 10 Weight | 33.5%Best | 41.1% |
| Fund Family | BNY Mellon Investment Management | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Nov 1, 2024 | Dec 12, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Nov 4, 2024 to Oct 13, 2026 (1.9 years).
BKDV vs PJFV 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 1.9 years both funds cover.
BKDV vs PJFV Performance
BNY Mellon Dynamic Value ETF (BKDV) is an ETF from BNY Mellon Investment Management and PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments. Over the past year BKDV returned +25.34% while PJFV returned +29.67%. Year to date, BKDV is up 17.55% versus a gain of 21.80% for PJFV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFV has been the more volatile fund, with annualized monthly volatility of 12.4% compared with 11.8% for BKDV. 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 -15.5% for BKDV and -18.1% for PJFV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BKDV charges 0.60% per year while PJFV charges 0.33%. On a $10,000 position that is $60 vs $33 annually, a gap of $27 per year that compounds over a long holding period. On income, BKDV currently yields 0.52% against 0.57% for PJFV.
Holdings Overlap
24.5% of BKDV's money is in holdings PJFV also owns. 36.9% of PJFV's money is in holdings BKDV also owns.
The two portfolios partly overlap.
11 positions in common, counted across the 79 positions we hold weights for in BKDV and 35 in PJFV, against full books of 84 and 37.
What only one of them owns
Our book lists 20 positions for PJFV that do not appear in our book for BKDV (51.8% of the fund), and 66 for BKDV that do not appear in PJFV (73.6%).
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 BKDV | Weight in PJFV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 4.98% | 6.00% | 1.02% |
| AMZNAmazon.Com Inc | 6.02% | 4.74% | 1.28% |
| AAPLApple, Inc | 3.28% | 5.61% | 2.33% |
| JPMJpmorgan Chase | 4.03% | 4.56% | 0.53% |
| ABBVAbbvie Inc. | 1.12% | 2.85% | 1.73% |
| TXNTexas Instrument Inc | 1.57% | 1.99% | 0.42% |
| GMGeneral Motors Co | 0.95% | 2.42% | 1.47% |
| BACBank of America Corp.: Financials | 0.78% | 2.56% | 1.78% |
| METAMeta Platforms Inc | 0.79% | 2.10% | 1.31% |
| AMDAdvanced Micro Devices Inc | 0.50% | 2.39% | 1.89% |
36.9% of PJFV is already inside BKDV.
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, BKDV or PJFV?
BKDV has an expense ratio of 0.60% while PJFV charges 0.33%. PJFV is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, BKDV or PJFV?
Over the past year BKDV returned +25.34% vs +29.67% for PJFV, so PJFV leads on 1-year performance. Over the longest common window we track (2 years), BKDV annualized +18.68% vs +22.35% for PJFV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKDV or PJFV?
PJFV has been the more volatile fund at 12.4% annualized versus 11.8% for BKDV. Worst drawdown: BKDV -15.5% vs PJFV -18.1%.
Should I hold both BKDV and PJFV?
BKDV and PJFV have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BKDV and PJFV?
36.9% of PJFV's money is in holdings BKDV also owns. 36.9% of PJFV's is in holdings BKDV also owns. They hold 11 positions in common, counted across the 79 positions we hold weights for in BKDV and 35 in PJFV.
Which pays a higher dividend, BKDV or PJFV?
BKDV yields 0.52% while PJFV yields 0.57%, so PJFV currently pays the higher dividend yield.
Is PJFV better than BKDV?
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. BKDV is less concentrated, with 33.5% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.