- Issuer
- PGIM
- Inception Date
- Dec 14, 2023
- Category
- Mid Cap Blend Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $18M
Share Price Chart
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Performance
PJFM Performance Chart
PGIM Jennison Focused Mid-Cap ETF (PJFM) is up 10.3% since the beginning of the year. PJFM is currently trading at $68 per share.
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Returns By Period
PGIM Jennison Focused Mid-Cap ETF (PJFM) has returned 10.32% so far this year and 19.27% over the past 12 months.
PGIM Jennison Focused Mid-Cap ETF
- 1D
- -2.13%
- 1M
- 2.09%
- YTD
- 10.32%
- 6M
- 8.65%
- 1Y
- 19.27%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
PJFM Monthly Returns History
Based on dividend-adjusted daily data since Dec 19, 2023, PJFM's average daily return is +0.06%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 68% of months were positive and 32% were negative. The best month was Apr 2026 with a return of +10.1%, while the worst month was Apr 2024 at -7.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PJFM closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +8.8%, while the worst single day was Apr 3, 2025 at -7.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.21% | 1.48% | -6.07% | 10.08% | -1.60% | 2.52% | 10.32% | ||||||
| 2025 | 4.89% | -3.16% | -7.10% | -2.53% | 7.65% | 2.05% | 1.94% | 1.84% | -0.38% | 0.02% | 2.76% | 0.07% | 7.50% |
| 2024 | -0.56% | 5.57% | 2.07% | -7.13% | 4.96% | 0.19% | 3.88% | 1.35% | 1.64% | 1.82% | 9.03% | -6.96% | 15.64% |
| 2023 | -0.34% | -0.34% |
Benchmark Metrics
PGIM Jennison Focused Mid-Cap ETF has an annualized alpha of -4.10%, beta of 0.97, and R2 of 0.72 versus S&P 500 Index. Calculated based on daily prices since December 19, 2023.
- This ETF participated in 110.96% of S&P 500 Index downside but only 83.65% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -4.10% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.97 and R2 of 0.72, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -4.10%
- Beta
- 0.97
- R²
- 0.72
- Upside Capture
- 83.65%
- Downside Capture
- 110.96%
Expense Ratio
PJFM has an expense ratio of 0.49%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PJFM ranks 38 for risk / return — below 38% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Jennison Focused Mid-Cap ETF (PJFM) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PJFM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.60 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.32 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 1.79 | 2.46 | -0.66 |
| Martin ratioReturn relative to average drawdown | 6.75 | 10.92 | -4.17 |
Dividends
Dividend History
PGIM Jennison Focused Mid-Cap ETF provided a 0.57% dividend yield over the last twelve months, with an annual payout of $0.39 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.39 | $0.39 | $0.48 |
Dividend yield | 0.57% | 0.62% | 0.83% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Jennison Focused Mid-Cap ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 |
| 2024 | $0.48 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Jennison Focused Mid-Cap ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Jennison Focused Mid-Cap ETF was 22.84%, occurring on Apr 8, 2025. Recovery took 166 trading sessions.
The current PGIM Jennison Focused Mid-Cap ETF drawdown is 2.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -22.84%Apr 2025 | 4mo 7d | 8mo | 1y 2dDec 2024 - Dec 2025 |
2026 correction2026 | -10.79%Mar 2026 | 1mo 9d | 18d | 1mo 27dFeb 2026 - Apr 2026 |
2024 pullback2024 | -8.08%Aug 2024 | 19d | 18d | 1mo 7dJul 2024 - Aug 2024 |
2024 pullback2024 | -7.85%Apr 2024 | 17d | 2mo 28d | 3mo 15dApr 2024 - Jul 2024 |
2026 pullback2026 | -5.48%May 2026 | 12d | 24d | 1mo 6dMay 2026 - Jun 2026 |
Drawdown Indicators
| PJFM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.84% | -56.78% | +33.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -9.10% | -1.69% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -2.13% | -3.21% | +1.08% |
Average DrawdownAverage peak-to-trough decline | -3.70% | -10.71% | +7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 2.04% | +0.82% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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