HIDV vs. PJFV

Last updated Aug 2, 2026

HIDV (AB US High Dividend ETF) and PJFV (PGIM Jennison Focused Value ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past 3 years, HIDV returned 19.51%/yr vs 23.42%/yr for PJFV. Their correlation of 0.87 means they have usually moved in the same direction. HIDV charges 0.45%/yr vs 0.75%/yr for PJFV.

Performance

HIDV vs. PJFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB US High Dividend ETF (HIDV) and PGIM Jennison Focused Value ETF (PJFV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HIDV achieves a 12.88% return, which is significantly lower than PJFV's 20.75% return.

HIDV

• 1D: 0.31%
• 1M: 2.17%
• 6M: 10.25%
• YTD: 12.88%
• 1Y: 24.60%
• 3Y*: 19.51%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.21%

PJFV

• 1D: 0.61%
• 1M: 1.66%
• 6M: 16.44%
• YTD: 20.75%
• 1Y: 34.55%
• 3Y*: 23.42%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HIDV AB US High Dividend ETF	$537.75K	$786.95K	$1.11M
PJFV PGIM Jennison Focused Value ETF	$1.50M	$1.59M	$1.43M

HIDV vs. PJFV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HIDV AB US High Dividend ETF	12.88%	14.64%	26.01%	20.30%
PJFV PGIM Jennison Focused Value ETF	20.75%	18.65%	24.13%	20.93%

Correlation

The correlation between HIDV and PJFV is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (All Time) Calculated using the full available price history since Mar 22, 2023	0.87

The correlation between HIDV and PJFV has been stable across timeframes, ranging from 0.84 to 0.87 - a consistent structural relationship.

Return for Risk

HIDV vs. PJFV — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

HIDV

HIDV Risk / Return Rank: 78
HIDV Sharpe Ratio Rank: 80
HIDV Sortino Ratio Rank: 80
HIDV Omega Ratio Rank: 80
HIDV Calmar Ratio Rank: 69
HIDV Martin Ratio Rank: 80

PJFV

PJFV Risk / Return Rank: 93
PJFV Sharpe Ratio Rank: 93
PJFV Sortino Ratio Rank: 93
PJFV Omega Ratio Rank: 92
PJFV Calmar Ratio Rank: 93
PJFV Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

HIDV vs. PJFV - Risk-Adjusted Trends 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.

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.

	HIDV	PJFV	Difference
Sharpe ratio: Return per unit of total volatility	1.86	2.53	-0.67
Sortino ratio: Return per unit of downside risk	2.60	3.49	-0.89
Omega ratio: Gain probability vs. loss probability	1.33	1.45	-0.11
Calmar ratio: Return relative to maximum drawdown	2.41	4.52	-2.11
Martin ratio: Return relative to average drawdown	10.26	19.14	-8.88

HIDV vs. PJFV - Sharpe Ratio Comparison

The current HIDV Sharpe Ratio is 1.86, which is comparable to the PJFV Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of HIDV and PJFV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

HIDV vs. PJFV - Drawdown Comparison

The maximum HIDV drawdown since its inception was -18.76%, roughly equal to the maximum PJFV drawdown of -18.15%. Use the drawdown chart below to compare losses from any high point for HIDV and PJFV.

Drawdown Indicators

	HIDV	PJFV	Difference
Max Drawdown Largest peak-to-trough decline	-18.76%	-18.15%	-0.61%
Max Drawdown (1Y) Largest decline over 1 year	-9.57%	-7.31%	-2.26%
Max Drawdown (3Y) Largest decline over 3 years	-18.76%	-18.15%	-0.61%
Current Drawdown Current decline from peak	-0.44%	-0.03%	-0.41%
Average Drawdown Average peak-to-trough decline	-2.02%	-2.07%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	1.73%	+0.52%

Volatility

HIDV vs. PJFV - Volatility Comparison

The current volatility for AB US High Dividend ETF (HIDV) is 3.22%, while PGIM Jennison Focused Value ETF (PJFV) has a volatility of 3.72%. This indicates that HIDV experiences smaller price fluctuations and is considered to be less risky than PJFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HIDV	PJFV	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.22%	3.72%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	10.61%	-0.98%
Volatility (1Y) Calculated over the trailing 1-year period	12.43%	13.10%	-0.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.46%	14.13%	+0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.46%	14.13%	+0.33%

HIDV vs. PJFV - Expense Ratio Comparison

HIDV has a 0.45% expense ratio, which is lower than PJFV's 0.75% expense ratio.

Dividends

HIDV vs. PJFV - Dividend Comparison

HIDV's dividend yield for the trailing twelve months is around 2.29%, more than PJFV's 0.57% yield.

Position	TTM	2025	2024	2023	2022
HIDV AB US High Dividend ETF	2.29%	2.22%	2.29%	2.23%	0.00%
PJFV PGIM Jennison Focused Value ETF	0.57%	0.68%	1.31%	1.20%	0.12%

Frequently Asked Questions

Can I hold both HIDV and PJFV in my portfolio?

HIDV and PJFV have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HIDV or PJFV?

PJFV has higher volatility (3.72%) compared to HIDV (3.22%). In terms of maximum drawdown, HIDV dropped -18.76% vs PJFV's -18.15%.

Which ETF is better, HIDV or PJFV?

On 3-year performance, PJFV leads with 23.42% vs 19.51% for HIDV. On fees, HIDV is cheaper at 0.45% per year. On volatility, HIDV has been the lower-risk option at 3.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HIDV or PJFV?

Over the 3-year period, PJFV has performed better with a 23.42% return vs 19.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HIDV or PJFV?

HIDV is cheaper with a 0.45% expense ratio, compared with 0.75% for PJFV.

Which ETF pays a higher dividend yield, HIDV or PJFV?

HIDV has the higher dividend yield at 2.29%, compared with 0.57% for PJFV.

What is the main difference between HIDV and PJFV?

They also come from different issuers: AllianceBernstein and PGIM. Their fees differ too: 0.45% for HIDV and 0.75% for PJFV.

Which has better risk-adjusted returns?

PJFV currently has the higher Sharpe Ratio (2.53 vs 1.86), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.