PJFV vs SCHD
PGIM Jennison Focused Value ETF vs Schwab US Dividend Equity ETF
Which is better, PJFV or SCHD?
Each has led over a different period.
SCHD has a lower expense ratio. PJFV led over 3Y and the full window, SCHD over 1Y. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 41.6%.
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 | SCHD |
|---|---|---|
| Expense Ratio | 0.33% | 0.06%Best |
| AUM | $183M | $111.6B |
| Dividend Yield | 0.57% | 3.24% |
| Holdings | 37 | 206 |
| YTD Return | +20.68% | +24.55%Best |
| 1Y Return | +27.75% | +29.85%Best |
| 3Y Return (annualized) | +24.90%Best | +16.64% |
| 5Y Return (annualized) | - | +9.54% |
| Volatility (annualized) | 11.7%Best | 13.4% |
| Max Drawdown | -18.1% | -16.1%Best |
| $10,000 over 3.8 years | $20,686Best | $14,985 |
| Top 10 Weight | 41.1%Best | 41.6% |
| Fund Family | PGIM Investments | Charles Schwab Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Dec 12, 2022 | Oct 20, 2011 |
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 14, 2022 to Oct 14, 2026 (3.8 years).
PJFV vs SCHD 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 3.8 years both funds cover.
PJFV vs SCHD Performance
PGIM Jennison Focused Value ETF (PJFV) is an ETF from PGIM Investments and Schwab US Dividend Equity ETF (SCHD) is an ETF from Charles Schwab Asset Management. Over the past year PJFV returned +27.75% while SCHD returned +29.85%. Year to date, PJFV is up 20.68% versus a gain of 24.55% for SCHD.
Over three years, PJFV compounded at +24.90% per year against +16.64% for SCHD. Across the full 4-year window we track, PJFV has the edge at +21.08% annualized vs +11.23%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SCHD has been the more volatile fund, with annualized monthly volatility of 13.4% 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 -16.1% for SCHD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PJFV charges 0.33% per year while SCHD charges 0.06%. On a $10,000 position that is $33 vs $6 annually, a gap of $27 per year that compounds over a long holding period. On income, PJFV currently yields 0.57% against 3.24% for SCHD.
Holdings Overlap
2.2% of PJFV's money is in holdings SCHD also owns. 4.9% of SCHD's money is in holdings PJFV also owns.
SCHD and PJFV share little of their money.
1 positions in common, counted across the 35 positions we hold weights for in PJFV and 98 in SCHD, against full books of 37 and 206.
What only one of them owns
Our book lists 96 positions for SCHD that do not appear in our book for PJFV (94.9% of the fund), and 30 for PJFV that do not appear in SCHD (86.7%).
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 SCHD | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 2.19% | 4.89% | 2.70% |
You are not choosing between two funds in isolation.
Whichever of PJFV and SCHD 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, PJFV or SCHD?
PJFV has an expense ratio of 0.33% while SCHD charges 0.06%. SCHD is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, PJFV or SCHD?
Over the past year PJFV returned +27.75% vs +29.85% for SCHD, so SCHD leads on 1-year performance. Over the longest common window we track (4 years), PJFV annualized +21.08% vs +11.23% for SCHD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PJFV or SCHD?
SCHD has been the more volatile fund at 13.4% annualized versus 11.7% for PJFV. Worst drawdown: PJFV -18.1% vs SCHD -16.1%.
Should I hold both PJFV and SCHD?
PJFV and SCHD have a monthly-return correlation of 0.70, 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 PJFV and SCHD?
4.9% of SCHD's money is in holdings PJFV also owns. 4.9% of SCHD's is in holdings PJFV also owns. They hold 1 positions in common, counted across the 35 positions we hold weights for in PJFV and 98 in SCHD.
Which pays a higher dividend, PJFV or SCHD?
PJFV yields 0.57% while SCHD yields 3.24%, so SCHD currently pays the higher dividend yield.
Is SCHD better than PJFV?
SCHD has a lower expense ratio. PJFV led over 3Y and the full window, SCHD over 1Y. PJFV is less concentrated, with 41.1% of the fund in its ten largest positions against 41.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.