IVV vs PJBF
iShares Core S&P 500 ETF vs PGIM Jennison Better Future ETF
Which is better, IVV or PJBF?
Large Cap Blend against Large Cap Growth.
IVV has a lower expense ratio. IVV led over the full window, PJBF over 1Y. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 50.7%.
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 | IVV | PJBF |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.59% |
| AUM | $896.5B | $11M |
| Dividend Yield | 1.10% | 0.21% |
| Holdings | 508 | 44 |
| Volatility (annualized) | 12.1%Best | 18.2% |
| Max Drawdown | -18.8%Best | -25.7% |
| $10,000 over 2.6 years | $16,394Best | $13,420 |
| Top 10 Weight | 38.9%Best | 50.7% |
| Fund Family | iShares by BlackRock (US) | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 15, 2000 | Dec 14, 2023 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 93 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. IVV has data through Oct 14, 2026 and PJBF through Jul 13, 2026.
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Dec 19, 2023 to Jul 13, 2026 (2.6 years).
Risk: Volatility and Drawdowns
PJBF has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 12.1% for IVV. 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 -18.8% for IVV and -25.7% for PJBF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while PJBF charges 0.59%. On a $10,000 position that is $3 vs $59 annually, a gap of $56 per year that compounds over a long holding period. On income, IVV currently yields 1.10% against 0.21% for PJBF.
Holdings Overlap
36.6% of IVV's money is in holdings PJBF also owns. 57.6% of PJBF's money is in holdings IVV also owns.
The two portfolios partly overlap.
The two holdings books were reported 184 days apart, IVV as of Oct 1, 2026 and PJBF as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
19 positions in common, counted across the 506 positions we hold weights for in IVV and 37 in PJBF, against full books of 508 and 44.
What only one of them owns
Our book lists 5 positions for PJBF that do not appear in our book for IVV (6.8% of the fund), and 481 for IVV that do not appear in PJBF (62.9%).
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 IVV | Weight in PJBF | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.19% | 0.25% |
| AAPLApple, Inc | 7.29% | 3.63% | 3.66% |
| GOOGLAlphabet Inc | 3.00% | 7.37% | 4.37% |
| AMZNAmazon.Com Inc | 3.68% | 4.33% | 0.65% |
| MSFTMicrosoft Corp | 5.76% | 1.07% | 4.69% |
| GEVGe Vernova, Inc. | 0.40% | 5.20% | 4.80% |
| AMDAdvanced Micro Devices Inc | 1.52% | 3.01% | 1.49% |
| AVGOBroadcom Inc | 2.47% | 1.75% | 0.72% |
| LRCXLrcx Uw Equity | 0.64% | 3.32% | 2.68% |
| LLYEli Lilly & Co. | 1.39% | 2.34% | 0.95% |
57.6% of PJBF is already inside IVV.
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, IVV or PJBF?
IVV has an expense ratio of 0.03% while PJBF charges 0.59%. IVV is the cheaper option, by $56 a year on a $10,000 investment.
Which is riskier, IVV or PJBF?
PJBF has been the more volatile fund at 18.2% annualized versus 12.1% for IVV. Worst drawdown: IVV -18.8% vs PJBF -25.7%.
Should I hold both IVV and PJBF?
IVV and PJBF have a monthly-return correlation of 0.82, 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 IVV and PJBF?
57.6% of PJBF's money is in holdings IVV also owns. 57.6% of PJBF's is in holdings IVV also owns. They hold 19 positions in common, counted across the 506 positions we hold weights for in IVV and 37 in PJBF.
Which pays a higher dividend, IVV or PJBF?
IVV yields 1.10% while PJBF yields 0.21%, so IVV currently pays the higher dividend yield.
Is PJBF better than IVV?
IVV has a lower expense ratio. IVV led over the full window, PJBF over 1Y. IVV is less concentrated, with 38.9% of the fund in its ten largest positions against 50.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.