EPMB vs PJFM
Harbor Mid Cap Core ETF vs PGIM Jennison Focused Mid-Cap ETF
Which is better, EPMB or PJFM?
EPMB has been ahead.
PJFM has a lower expense ratio. EPMB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. EPMB is less concentrated, with 27.7% of the fund in its ten largest positions against 31.4%.
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 | EPMB | PJFM |
|---|---|---|
| Expense Ratio | 0.88% | 0.49%Best |
| AUM | $5M | $20M |
| Dividend Yield | 1.58% | 0.60% |
| Holdings | 119 | 105 |
| YTD Return | +12.01%Best | +2.69% |
| 1Y Return | +21.07%Best | +7.66% |
| Volatility (annualized) | 12.2%Best | 13.1% |
| Max Drawdown | -8.9%Best | -10.8% |
| $10,000 over 1.5 years | $13,414Best | $11,816 |
| Top 10 Weight | 27.7%Best | 31.4% |
| Fund Family | Harbor Funds | PGIM Investments |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | May 1, 2025 | Dec 14, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: May 2, 2025 to Oct 14, 2026 (1.5 years).
EPMB vs PJFM 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 1.5 years both funds cover.
EPMB vs PJFM Performance
Harbor Mid Cap Core ETF (EPMB) is an ETF from Harbor Funds and PGIM Jennison Focused Mid-Cap ETF (PJFM) is an ETF from PGIM Investments. Over the past year EPMB returned +21.07% while PJFM returned +7.66%. Year to date, EPMB is up 12.01% versus a gain of 2.69% for PJFM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFM has been the more volatile fund, with annualized monthly volatility of 13.1% compared with 12.2% for EPMB. 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 -8.9% for EPMB and -10.8% for PJFM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
EPMB charges 0.88% per year while PJFM charges 0.49%. On a $10,000 position that is $88 vs $49 annually, a gap of $39 per year that compounds over a long holding period. On income, EPMB currently yields 1.58% against 0.60% for PJFM.
Holdings Overlap
10.9% of EPMB's money is in holdings PJFM also owns. 11.9% of PJFM's money is in holdings EPMB also owns.
PJFM and EPMB share little of their money.
5 positions in common, counted across the 59 positions we hold weights for in EPMB and 49 in PJFM, against full books of 119 and 105.
What only one of them owns
Our book lists 39 positions for PJFM that do not appear in our book for EPMB (75.0% of the fund), and 52 for EPMB that do not appear in PJFM (82.3%).
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.
You are not choosing between two funds in isolation.
Whichever of EPMB and PJFM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, EPMB or PJFM?
EPMB has an expense ratio of 0.88% while PJFM charges 0.49%. PJFM is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, EPMB or PJFM?
Over the past year EPMB returned +21.07% vs +7.66% for PJFM, so EPMB leads on 1-year performance. Over the longest common window we track (2 years), EPMB annualized +21.63% vs +11.77% for PJFM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EPMB or PJFM?
PJFM has been the more volatile fund at 13.1% annualized versus 12.2% for EPMB. Worst drawdown: EPMB -8.9% vs PJFM -10.8%.
Should I hold both EPMB and PJFM?
EPMB and PJFM have a monthly-return correlation of 0.94, 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 EPMB and PJFM?
11.9% of PJFM's money is in holdings EPMB also owns. 11.9% of PJFM's is in holdings EPMB also owns. They hold 5 positions in common, counted across the 59 positions we hold weights for in EPMB and 49 in PJFM.
Which pays a higher dividend, EPMB or PJFM?
EPMB yields 1.58% while PJFM yields 0.60%, so EPMB currently pays the higher dividend yield.
Is PJFM better than EPMB?
PJFM has a lower expense ratio. EPMB led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. EPMB is less concentrated, with 27.7% of the fund in its ten largest positions against 31.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.