HQGO vs PJFG
Hartford US Quality Growth ETF vs PGIM Jennison Focused Growth ETF
Which is better, HQGO or PJFG?
Each has led over a different period.
HQGO has a lower expense ratio. HQGO led over 1Y, PJFG over the full window. The two have moved almost in lockstep, correlation 0.91. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 61.0%.
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 | HQGO | PJFG |
|---|---|---|
| Expense Ratio | 0.34%Best | 0.75% |
| AUM | $3M | $148M |
| Dividend Yield | 0.51% | 0.00% |
| Holdings | 192 | 78 |
| YTD Return | +12.84%Best | +8.89% |
| 1Y Return | +15.94%Best | +10.08% |
| 3Y Return (annualized) | - | +22.92% |
| Volatility (annualized) | 12.6%Best | 17.6% |
| Max Drawdown | -20.9%Best | -24.2% |
| $10,000 over 2.9 years | $17,373 | $17,754Best |
| Top 10 Weight | 38.1%Best | 61.0% |
| Fund Family | Hartford Funds | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 5, 2023 | Dec 12, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Oct 14, 2026 (2.9 years).
HQGO 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 2.9 years both funds cover.
HQGO vs PJFG Performance
Hartford US Quality Growth ETF (HQGO) is an ETF from Hartford Funds and PGIM Jennison Focused Growth ETF (PJFG) is an ETF from PGIM Investments. Over the past year HQGO returned +15.94% while PJFG returned +10.08%. Year to date, HQGO is up 12.84% versus a gain of 8.89% for PJFG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PJFG has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 12.6% for HQGO. 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 -20.9% for HQGO 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
HQGO charges 0.34% per year while PJFG charges 0.75%. On a $10,000 position that is $34 vs $75 annually, a gap of $41 per year that compounds over a long holding period. On income, HQGO currently yields 0.51% against 0.00% for PJFG.
Holdings Overlap
45.2% of HQGO's money is in holdings PJFG also owns. 84.2% of PJFG's money is in holdings HQGO also owns.
Most of PJFG is already inside HQGO. Owning both mostly buys the same companies twice.
25 positions in common, counted across the 190 positions we hold weights for in HQGO and 37 in PJFG, against full books of 192 and 78.
What only one of them owns
Our book lists 10 positions for PJFG that do not appear in our book for HQGO (12.5% of the fund), and 164 for HQGO that do not appear in PJFG (54.8%).
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 HQGO | Weight in PJFG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.49% | 12.21% | 6.72% |
| GOOGLAlphabet Inc | 4.82% | 9.23% | 4.41% |
| AAPLApple, Inc | 5.37% | 6.74% | 1.37% |
| MSFTMicrosoft Corp | 4.71% | 6.42% | 1.71% |
| AMZNAmazon.Com Inc | 4.33% | 5.20% | 0.87% |
| AVGOBroadcom Inc | 3.36% | 4.72% | 1.36% |
| METAMeta Platforms Inc | 3.11% | 4.17% | 1.06% |
| AMDAdvanced Micro Devices Inc | 2.59% | 4.52% | 1.93% |
| LLYEli Lilly & Co. | 2.00% | 4.26% | 2.26% |
| TSLATesla Inc | 2.01% | 2.57% | 0.56% |
84.2% of PJFG is already inside HQGO.
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, HQGO or PJFG?
HQGO has an expense ratio of 0.34% while PJFG charges 0.75%. HQGO is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, HQGO or PJFG?
Over the past year HQGO returned +15.94% vs +10.08% for PJFG, so HQGO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HQGO or PJFG?
PJFG has been the more volatile fund at 17.6% annualized versus 12.6% for HQGO. Worst drawdown: HQGO -20.9% vs PJFG -24.2%.
Should I hold both HQGO and PJFG?
HQGO and PJFG have a monthly-return correlation of 0.91, 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 HQGO and PJFG?
84.2% of PJFG's money is in holdings HQGO also owns. 84.2% of PJFG's is in holdings HQGO also owns. They hold 25 positions in common, counted across the 190 positions we hold weights for in HQGO and 37 in PJFG.
Which pays a higher dividend, HQGO or PJFG?
HQGO yields 0.51% while PJFG yields 0.00%, so HQGO currently pays the higher dividend yield.
Is PJFG better than HQGO?
HQGO has a lower expense ratio. HQGO led over 1Y, PJFG over the full window. The two have moved almost in lockstep, correlation 0.91. HQGO is less concentrated, with 38.1% of the fund in its ten largest positions against 61.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.