HIDV vs. PJFV
Compare and contrast key facts about AB US High Dividend ETF (HIDV) and PGIM Jennison Focused Value ETF (PJFV).
HIDV and PJFV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIDV is an actively managed fund by AB Funds. It was launched on Mar 21, 2023. PJFV is an actively managed fund by PGIM. It was launched on Dec 12, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIDV or PJFV.
Correlation
The correlation between HIDV and PJFV is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
HIDV vs. PJFV - Performance Comparison
Key characteristics
HIDV:
2.14
PJFV:
2.07
HIDV:
2.86
PJFV:
2.95
HIDV:
1.40
PJFV:
1.38
HIDV:
3.47
PJFV:
3.22
HIDV:
13.28
PJFV:
11.19
HIDV:
1.92%
PJFV:
2.17%
HIDV:
11.90%
PJFV:
11.78%
HIDV:
-10.01%
PJFV:
-8.59%
HIDV:
0.00%
PJFV:
-0.19%
Returns By Period
In the year-to-date period, HIDV achieves a 3.70% return, which is significantly lower than PJFV's 5.84% return.
HIDV
3.70%
1.88%
8.10%
26.84%
N/A
N/A
PJFV
5.84%
3.16%
10.84%
25.03%
N/A
N/A
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HIDV vs. PJFV - Expense Ratio Comparison
HIDV has a 0.45% expense ratio, which is lower than PJFV's 0.75% expense ratio.
Risk-Adjusted Performance
HIDV vs. PJFV — Risk-Adjusted Performance Rank
HIDV
PJFV
HIDV vs. PJFV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US High Dividend ETF (HIDV) and PGIM Jennison Focused Value ETF (PJFV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
HIDV vs. PJFV - Dividend Comparison
HIDV's dividend yield for the trailing twelve months is around 2.21%, more than PJFV's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
HIDV AB US High Dividend ETF | 2.21% | 2.30% | 2.23% | 0.00% |
PJFV PGIM Jennison Focused Value ETF | 1.24% | 1.31% | 1.20% | 0.12% |
Drawdowns
HIDV vs. PJFV - Drawdown Comparison
The maximum HIDV drawdown since its inception was -10.01%, which is greater than PJFV's maximum drawdown of -8.59%. Use the drawdown chart below to compare losses from any high point for HIDV and PJFV. For additional features, visit the drawdowns tool.
Volatility
HIDV vs. PJFV - Volatility Comparison
AB US High Dividend ETF (HIDV) has a higher volatility of 2.88% compared to PGIM Jennison Focused Value ETF (PJFV) at 2.43%. This indicates that HIDV's price experiences larger fluctuations and is considered to be riskier than PJFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.