PJFV vs PRVS
PGIM Jennison Focused Value ETF vs Parnassus Value Select ETF
Which is better, PJFV or PRVS?
PJFV has been ahead.
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 49.7%.
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 | PJFV | PRVS |
|---|---|---|
| Expense Ratio | 0.33%Best | 0.59% |
| AUM | $183M | $28M |
| Dividend Yield | 0.57% | 0.52% |
| Holdings | 37 | 56 |
| YTD Return | +20.68%Best | +15.17% |
| 1Y Return | +27.75%Best | +21.88% |
| 3Y Return (annualized) | +24.90% | - |
| Volatility (annualized) | 11.7%Best | 13.0% |
| Max Drawdown | -18.1% | -17.6%Best |
| $10,000 over 1.8 years | $14,062Best | $13,028 |
| Top 10 Weight | 41.1%Best | 49.7% |
| Fund Family | PGIM Investments | Parnassus Investments |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 12, 2022 | Dec 12, 2024 |
Not shown on this pair: 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 12, 2024 to Oct 14, 2026 (1.8 years).
PJFV vs PRVS 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 1.8 years both funds cover.
PJFV vs PRVS Performance
PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments and Parnassus Value Select ETF (PRVS) is an ETF from Parnassus Investments. Over the past year PJFV returned +27.75% while PRVS returned +21.88%. Year to date, PJFV is up 20.68% versus a gain of 15.17% for PRVS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRVS has been the more volatile fund, with annualized monthly volatility of 13.0% compared with 11.7% 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 -18.1% for PJFV and -17.6% for PRVS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PJFV charges 0.33% per year while PRVS charges 0.59%. On a $10,000 position that is $33 vs $59 annually, a gap of $26 per year that compounds over a long holding period. On income, PJFV currently yields 0.57% against 0.52% for PRVS.
Holdings Overlap
27.9% of PJFV's money is in holdings PRVS also owns. 42.7% of PRVS's money is in holdings PJFV also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 35 positions we hold weights for in PJFV and 27 in PRVS, against full books of 37 and 56.
What only one of them owns
Our book lists 16 positions for PRVS that do not appear in our book for PJFV (49.5% of the fund), and 23 for PJFV that do not appear in PRVS (62.7%).
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 PJFV | Weight in PRVS | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.30% | 7.50% | 1.20% |
| AMZNAmazon.Com Inc | 4.67% | 8.00% | 3.33% |
| JPMJpmorgan Chase | 4.28% | 4.00% | 0.28% |
| GOOGLAlphabet Inc | 3.03% | 4.90% | 1.87% |
| UNPUnion Pacific Corp | 2.23% | 3.90% | 1.67% |
| AZN:LNAstraZeneca PLC | 1.71% | 4.20% | 2.49% |
| BACBank of America Corp.: Financials | 2.21% | 3.40% | 1.19% |
| MUMicron Technology, Inc. | 1.48% | 3.90% | 2.42% |
| AMATApplied Materials, Inc. | 2.01% | 2.90% | 0.89% |
42.7% of PRVS 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, PJFV or PRVS?
PJFV has an expense ratio of 0.33% while PRVS charges 0.59%. PJFV is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, PJFV or PRVS?
Over the past year PJFV returned +27.75% vs +21.88% for PRVS, so PJFV leads on 1-year performance. Over the longest common window we track (2 years), PJFV annualized +20.85% vs +15.83% for PRVS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PJFV or PRVS?
PRVS has been the more volatile fund at 13.0% annualized versus 11.7% for PJFV. Worst drawdown: PJFV -18.1% vs PRVS -17.6%.
Should I hold both PJFV and PRVS?
PJFV and PRVS have a monthly-return correlation of 0.92, 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 PJFV and PRVS?
42.7% of PRVS's money is in holdings PJFV also owns. 42.7% of PRVS's is in holdings PJFV also owns. They hold 9 positions in common, counted across the 35 positions we hold weights for in PJFV and 27 in PRVS.
Which pays a higher dividend, PJFV or PRVS?
PJFV yields 0.57% while PRVS yields 0.52%, so PJFV currently pays the higher dividend yield.
Is PRVS better than PJFV?
PJFV has a lower expense ratio. PJFV led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 49.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.