MMID vs PJFM
MFS Active Mid Cap ETF vs PGIM Jennison Focused Mid-Cap ETF
Which is better, MMID or PJFM?
Each has led over a different period.
PJFM has a lower expense ratio. MMID led over the full window, PJFM over 1Y. MMID is less concentrated, with 16.2% 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 | MMID | PJFM |
|---|---|---|
| Expense Ratio | 0.59% | 0.49%Best |
| AUM | $36M | $20M |
| Dividend Yield | 0.99% | 0.60% |
| Holdings | 106 | 105 |
| YTD Return | +5.51%Best | +2.69% |
| 1Y Return | +6.40% | +7.66%Best |
| Volatility (annualized) | 10.5%Best | 14.9% |
| Max Drawdown | -7.9%Best | -10.8% |
| $10,000 over 1.1 years | $10,724Best | $10,692 |
| Top 10 Weight | 16.2%Best | 31.4% |
| Fund Family | MFS Investment Management | PGIM Investments |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Mid Cap Blend |
| Inception | Sep 24, 2025 | Dec 14, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 24, 2025 to Oct 14, 2026 (1.1 years).
MMID 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 1.1 years both funds cover.
MMID vs PJFM Performance
MFS Active Mid Cap ETF (MMID) is an ETF from MFS Investment Management and PGIM Jennison Focused Mid-Cap ETF (PJFM) is an ETF from PGIM Investments. Over the past year MMID returned +6.40% while PJFM returned +7.66%. Year to date, MMID is up 5.51% 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 14.9% compared with 10.5% for MMID. 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 -7.9% for MMID 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MMID charges 0.59% per year while PJFM charges 0.49%. On a $10,000 position that is $59 vs $49 annually, a gap of $10 per year that compounds over a long holding period. On income, MMID currently yields 0.99% against 0.60% for PJFM.
Holdings Overlap
8.6% of MMID's money is in holdings PJFM also owns. 17.7% of PJFM's money is in holdings MMID also owns.
PJFM and MMID share little of their money.
8 positions in common, counted across the 104 positions we hold weights for in MMID and 49 in PJFM, against full books of 106 and 105.
What only one of them owns
Our book lists 37 positions for PJFM that do not appear in our book for MMID (71.5% of the fund), and 88 for MMID that do not appear in PJFM (83.4%).
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 MMID | Weight in PJFM | Difference |
|---|---|---|---|
| MCHPMicrochip Technology Inc. | 1.24% | 2.70% | 1.46% |
| PRPermian Resource | 1.34% | 2.54% | 1.20% |
| CBRECbre Services Inc | 0.78% | 3.04% | 2.26% |
| ARMKAramark Holdings | 0.99% | 2.72% | 1.73% |
| DSG:CADescartes Systems Group, Inc. | 0.90% | 2.24% | 1.34% |
| BURLBurlington Stores Inc | 1.15% | 1.58% | 0.43% |
| ESIElement Solutions Inc | 1.05% | 1.54% | 0.49% |
| NDSNNordson Corp | 1.18% | 1.38% | 0.20% |
You are not choosing between two funds in isolation.
Whichever of MMID 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, MMID or PJFM?
MMID has an expense ratio of 0.59% while PJFM charges 0.49%. PJFM is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, MMID or PJFM?
Over the past year MMID returned +6.40% vs +7.66% for PJFM, so PJFM leads on 1-year performance. Over the longest common window we track (1 years), MMID annualized +6.56% vs +6.27% for PJFM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MMID or PJFM?
PJFM has been the more volatile fund at 14.9% annualized versus 10.5% for MMID. Worst drawdown: MMID -7.9% vs PJFM -10.8%.
Should I hold both MMID and PJFM?
MMID and PJFM have a monthly-return correlation of 0.67, 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 MMID and PJFM?
17.7% of PJFM's money is in holdings MMID also owns. 17.7% of PJFM's is in holdings MMID also owns. They hold 8 positions in common, counted across the 104 positions we hold weights for in MMID and 49 in PJFM.
Which pays a higher dividend, MMID or PJFM?
MMID yields 0.99% while PJFM yields 0.60%, so MMID currently pays the higher dividend yield.
Is PJFM better than MMID?
PJFM has a lower expense ratio. MMID led over the full window, PJFM over 1Y. MMID is less concentrated, with 16.2% 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.