DIVL vs PJFV
Madison Dividend Value ETF vs PGIM Jennison Focused Value ETF
Which is better, DIVL or PJFV?
PJFV has been ahead.
PJFV has a lower expense ratio. PJFV led over 1Y, 3Y and the full window. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 41.2%.
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 | DIVL | PJFV |
|---|---|---|
| Expense Ratio | 0.65% | 0.33%Best |
| AUM | $61M | $183M |
| Dividend Yield | 1.83% | 0.57% |
| Holdings | 40 | 37 |
| YTD Return | +10.65% | +20.68%Best |
| 1Y Return | +12.67% | +27.75%Best |
| 3Y Return (annualized) | +12.06% | +24.90%Best |
| Volatility (annualized) | 12.0%Tie | 12.0%Tie |
| Max Drawdown | -14.1%Best | -18.1% |
| $10,000 over 3.2 years | $13,610 | $19,623Best |
| Top 10 Weight | 41.2% | 41.1%Best |
| Fund Family | Madison Funds | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 14, 2023 | Dec 12, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 15, 2023 to Oct 14, 2026 (3.2 years).
DIVL 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 3.2 years both funds cover.
DIVL vs PJFV Performance
Madison Dividend Value ETF (DIVL) is an ETF from Madison Funds and PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments. Over the past year DIVL returned +12.67% while PJFV returned +27.75%. Year to date, DIVL is up 10.65% versus a gain of 20.68% for PJFV.
Over three years, DIVL compounded at +12.06% per year against +24.90% for PJFV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIVL and PJFV have been equally volatile, both at 12.0% annualized.
The deepest peak-to-trough decline in our data was -14.1% for DIVL 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DIVL charges 0.65% per year while PJFV charges 0.33%. On a $10,000 position that is $65 vs $33 annually, a gap of $32 per year that compounds over a long holding period. On income, DIVL currently yields 1.83% against 0.57% for PJFV.
Holdings Overlap
21.2% of DIVL's money is in holdings PJFV also owns. 17.9% of PJFV's money is in holdings DIVL also owns.
DIVL and PJFV share little of their money.
6 positions in common, counted across the 37 positions we hold weights for in DIVL and 35 in PJFV, against full books of 40 and 37.
What only one of them owns
Our book lists 25 positions for PJFV that do not appear in our book for DIVL (71.1% of the fund), and 30 for DIVL that do not appear in PJFV (77.5%).
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.
21.2% of DIVL is already inside PJFV.
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, DIVL or PJFV?
DIVL has an expense ratio of 0.65% while PJFV charges 0.33%. PJFV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, DIVL or PJFV?
Over the past year DIVL returned +12.67% vs +27.75% for PJFV, so PJFV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIVL or PJFV?
DIVL and PJFV have been equally volatile, both at 12.0% annualized. Worst drawdown: DIVL -14.1% vs PJFV -18.1%.
Should I hold both DIVL and PJFV?
DIVL and PJFV have a monthly-return correlation of 0.73, 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 DIVL and PJFV?
21.2% of DIVL's money is in holdings PJFV also owns. 17.9% of PJFV's is in holdings DIVL also owns. They hold 6 positions in common, counted across the 37 positions we hold weights for in DIVL and 35 in PJFV.
Which pays a higher dividend, DIVL or PJFV?
DIVL yields 1.83% while PJFV yields 0.57%, so DIVL currently pays the higher dividend yield.
Is PJFV better than DIVL?
PJFV has a lower expense ratio. PJFV led over 1Y, 3Y and the full window. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 41.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.