HFGO vs PJFG
Hartford Large Cap Growth ETF vs PGIM Jennison Focused Growth ETF
Which is better, HFGO or PJFG?
Nearly the same fund. HFGO costs less.
HFGO has a lower expense ratio. HFGO led over 1Y and 3Y, PJFG over the full window. The two have moved almost in lockstep, correlation 0.97. PJFG is less concentrated, with 61.0% of the fund in its ten largest positions against 61.2%.
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 | HFGO | PJFG |
|---|---|---|
| Expense Ratio | 0.59%Best | 0.75% |
| AUM | $186M | $148M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 48 | 78 |
| YTD Return | +8.71% | +8.89%Best |
| 1Y Return | +10.28%Best | +10.08% |
| 3Y Return (annualized) | +25.71%Best | +22.92% |
| 5Y Return (annualized) | +8.72% | - |
| Volatility (annualized) | 18.7% | 18.1%Best |
| Max Drawdown | -25.2% | -24.2%Best |
| $10,000 over 3.8 years | $23,476 | $23,806Best |
| Top 10 Weight | 61.2% | 61.0%Best |
| Fund Family | Hartford Funds | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 9, 2021 | Dec 12, 2022 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 14, 2022 to Oct 14, 2026 (3.8 years).
HFGO vs PJFG 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 3.8 years both funds cover.
HFGO vs PJFG Performance
Hartford Large Cap Growth ETF (HFGO) is an ETF from Hartford Funds and PGIM Jennison Focused Growth ETF (PJFG) is an ETF from PGIM Investments. Over the past year HFGO returned +10.28% while PJFG returned +10.08%. Year to date, HFGO is up 8.71% versus a gain of 8.89% for PJFG.
Over three years, HFGO compounded at +25.71% per year against +22.92% for PJFG. Across the full 4-year window we track, PJFG has the edge at +25.64% annualized vs +25.18%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HFGO has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 18.1% for PJFG. 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 -25.2% for HFGO and -24.2% for PJFG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HFGO charges 0.59% per year while PJFG charges 0.75%. On a $10,000 position that is $59 vs $75 annually, a gap of $16 per year that compounds over a long holding period. On income, HFGO currently yields 0.00% against 0.00% for PJFG.
Holdings Overlap
73.5% of HFGO's money is in holdings PJFG also owns. 73.9% of PJFG's money is in holdings HFGO also owns.
Most of PJFG is already inside HFGO. Owning both mostly buys the same companies twice.
20 positions in common, counted across the 46 positions we hold weights for in HFGO and 37 in PJFG, against full books of 48 and 78.
What only one of them owns
Our book lists 15 positions for PJFG that do not appear in our book for HFGO (23.0% of the fund), and 21 for HFGO that do not appear in PJFG (19.8%).
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 HFGO | Weight in PJFG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 16.55% | 12.21% | 4.34% |
| GOOGLAlphabet Inc | 9.88% | 9.23% | 0.65% |
| MSFTMicrosoft Corp | 5.33% | 6.42% | 1.09% |
| AAPLApple, Inc | 4.81% | 6.74% | 1.93% |
| AVGOBroadcom Inc | 5.41% | 4.72% | 0.69% |
| AMZNAmazon.Com Inc | 4.50% | 5.20% | 0.70% |
| METAMeta Platforms Inc | 4.54% | 4.17% | 0.37% |
| LLYEli Lilly & Co. | 3.82% | 4.26% | 0.44% |
| SNDKVSandisk Corp. | 3.49% | 1.97% | 1.52% |
| AMDAdvanced Micro Devices Inc | 0.94% | 4.52% | 3.58% |
73.9% of PJFG is already inside HFGO.
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, HFGO or PJFG?
HFGO has an expense ratio of 0.59% while PJFG charges 0.75%. HFGO is the cheaper option, by $16 a year on a $10,000 investment.
Which performed better, HFGO or PJFG?
Over the past year HFGO returned +10.28% vs +10.08% for PJFG, so HFGO leads on 1-year performance. Over the longest common window we track (4 years), HFGO annualized +25.18% vs +25.64% for PJFG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFGO or PJFG?
HFGO has been the more volatile fund at 18.7% annualized versus 18.1% for PJFG. Worst drawdown: HFGO -25.2% vs PJFG -24.2%.
Should I hold both HFGO and PJFG?
HFGO and PJFG have a monthly-return correlation of 0.97, 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 HFGO and PJFG?
73.9% of PJFG's money is in holdings HFGO also owns. 73.9% of PJFG's is in holdings HFGO also owns. They hold 20 positions in common, counted across the 46 positions we hold weights for in HFGO and 37 in PJFG.
Which pays a higher dividend, HFGO or PJFG?
HFGO yields 0.00% while PJFG yields 0.00%, so PJFG currently pays the higher dividend yield.
Is PJFG better than HFGO?
HFGO has a lower expense ratio. HFGO led over 1Y and 3Y, PJFG over the full window. The two have moved almost in lockstep, correlation 0.97. PJFG is less concentrated, with 61.0% of the fund in its ten largest positions against 61.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.