JDVL vs PJFV
John Hancock Disciplined Value Select ETF vs PGIM Jennison Focused Value ETF
Which is better, JDVL or PJFV?
PJFV has been ahead.
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. JDVL is less concentrated, with 40.0% of the fund in its ten largest positions against 41.1%.
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 | JDVL | PJFV |
|---|---|---|
| Expense Ratio | 0.56% | 0.33%Best |
| AUM | $948M | $183M |
| Dividend Yield | 1.48% | 0.57% |
| Holdings | 41 | 37 |
| YTD Return | +15.90% | +20.68%Best |
| 1Y Return | +21.37% | +27.75%Best |
| 3Y Return (annualized) | - | +24.90% |
| Volatility (annualized) | 12.2% | 10.8%Best |
| Max Drawdown | -9.2% | -7.3%Best |
| $10,000 over 1.2 years | $12,918 | $13,463Best |
| Top 10 Weight | 40.0%Best | 41.1% |
| Fund Family | John Hancock Investment Management | PGIM Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Aug 6, 2025 | Dec 12, 2022 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 6, 2025 to Oct 14, 2026 (1.2 years).
JDVL 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 1.2 years both funds cover.
JDVL vs PJFV Performance
John Hancock Disciplined Value Select ETF (JDVL) is an ETF from John Hancock Investment Management and PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments. Over the past year JDVL returned +21.37% while PJFV returned +27.75%. Year to date, JDVL is up 15.90% versus a gain of 20.68% for PJFV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JDVL has been the more volatile fund, with annualized monthly volatility of 12.2% compared with 10.8% for PJFV. 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 -9.2% for JDVL and -7.3% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JDVL charges 0.56% per year while PJFV charges 0.33%. On a $10,000 position that is $56 vs $33 annually, a gap of $23 per year that compounds over a long holding period. On income, JDVL currently yields 1.48% against 0.57% for PJFV.
Holdings Overlap
30.4% of JDVL's money is in holdings PJFV also owns. 26.7% of PJFV's money is in holdings JDVL also owns.
The two portfolios partly overlap.
8 positions in common, counted across the 39 positions we hold weights for in JDVL and 35 in PJFV, against full books of 41 and 37.
What only one of them owns
Our book lists 23 positions for PJFV that do not appear in our book for JDVL (62.2% of the fund), and 28 for JDVL that do not appear in PJFV (61.1%).
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 JDVL | Weight in PJFV | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 7.48% | 4.67% | 2.81% |
| MSFTMicrosoft Corp | 5.77% | 6.30% | 0.53% |
| JPMJpmorgan Chase | 4.03% | 4.28% | 0.25% |
| METAMeta Platforms Inc | 3.89% | 2.38% | 1.51% |
| ABBVAbbvie Inc. | 2.19% | 2.93% | 0.74% |
| AMATApplied Materials, Inc. | 2.59% | 2.01% | 0.58% |
| WFCWells Fargo & Co. | 1.90% | 2.69% | 0.79% |
| MUMicron Technology, Inc. | 2.51% | 1.48% | 1.03% |
30.4% of JDVL 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, JDVL or PJFV?
JDVL has an expense ratio of 0.56% while PJFV charges 0.33%. PJFV is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, JDVL or PJFV?
Over the past year JDVL returned +21.37% vs +27.75% for PJFV, so PJFV leads on 1-year performance. Over the longest common window we track (1 years), JDVL annualized +23.78% vs +28.12% for PJFV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JDVL or PJFV?
JDVL has been the more volatile fund at 12.2% annualized versus 10.8% for PJFV. Worst drawdown: JDVL -9.2% vs PJFV -7.3%.
Should I hold both JDVL and PJFV?
JDVL and PJFV have a monthly-return correlation of 0.84, 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 JDVL and PJFV?
30.4% of JDVL's money is in holdings PJFV also owns. 26.7% of PJFV's is in holdings JDVL also owns. They hold 8 positions in common, counted across the 39 positions we hold weights for in JDVL and 35 in PJFV.
Which pays a higher dividend, JDVL or PJFV?
JDVL yields 1.48% while PJFV yields 0.57%, so JDVL currently pays the higher dividend yield.
Is PJFV better than JDVL?
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. JDVL is less concentrated, with 40.0% of the fund in its ten largest positions against 41.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.