JUNP vs. PJFG

Last updated Jul 14, 2026

JUNP (PGIM S&P 500 Buffer 12 ETF - June) and PJFG (PGIM Jennison Focused Growth ETF) are both exchange-traded funds - JUNP is a Defined Outcome fund actively managed by PGIM, while PJFG is a Large Cap Growth Equities fund actively managed by PGIM. Both are actively managed. Over the past year, JUNP returned 9.84% vs 11.76% for PJFG. Their correlation of 0.84 suggests significant overlap in exposure. JUNP charges 0.50%/yr vs 0.75%/yr for PJFG.

Performance

JUNP vs. PJFG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM S&P 500 Buffer 12 ETF - June (JUNP) and PGIM Jennison Focused Growth ETF (PJFG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUNP achieves a 3.73% return, which is significantly lower than PJFG's 4.27% return.

JUNP

• 1D: -0.40%
• 1M: 0.84%
• 6M: 3.06%
• YTD: 3.73%
• 1Y: 9.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PJFG

• 1D: -1.34%
• 1M: 1.78%
• 6M: 3.36%
• YTD: 4.27%
• 1Y: 11.76%
• 3Y*: 20.58%
• 5Y*: —
• 10Y*: —

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

JUNP vs. PJFG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
JUNP PGIM S&P 500 Buffer 12 ETF - June	3.73%	12.86%	8.44%
PJFG PGIM Jennison Focused Growth ETF	4.27%	16.94%	14.20%

Correlation

The correlation between JUNP and PJFG is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jun 3, 2024	0.84

The correlation between JUNP and PJFG has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.

Return for Risk

JUNP vs. PJFG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JUNP

JUNP Risk / Return Rank: 53
JUNP Sharpe Ratio Rank: 39
JUNP Sortino Ratio Rank: 40
JUNP Omega Ratio Rank: 64
JUNP Calmar Ratio Rank: 42
JUNP Martin Ratio Rank: 81

PJFG

PJFG Risk / Return Rank: 21
PJFG Sharpe Ratio Rank: 23
PJFG Sortino Ratio Rank: 22
PJFG Omega Ratio Rank: 22
PJFG Calmar Ratio Rank: 18
PJFG Martin Ratio Rank: 21

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JUNP vs. PJFG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM S&P 500 Buffer 12 ETF - June (JUNP) and PGIM Jennison Focused Growth ETF (PJFG). 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.

	JUNP	PJFG	Difference
Sharpe ratio: Return per unit of total volatility	1.12	0.66	+0.46
Sortino ratio: Return per unit of downside risk	1.70	1.01	+0.68
Omega ratio: Gain probability vs. loss probability	1.31	1.12	+0.18
Calmar ratio: Return relative to maximum drawdown	1.70	0.62	+1.08
Martin ratio: Return relative to average drawdown	12.52	1.88	+10.64

JUNP vs. PJFG - Sharpe Ratio Comparison

The current JUNP Sharpe Ratio is 1.12, which is higher than the PJFG Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of JUNP and PJFG, 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

JUNP vs. PJFG - Drawdown Comparison

The maximum JUNP drawdown since its inception was -11.23%, smaller than the maximum PJFG drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for JUNP and PJFG.

Drawdown Indicators

	JUNP	PJFG	Difference
Max Drawdown Largest peak-to-trough decline	-11.23%	-24.24%	+13.01%
Max Drawdown (1Y) Largest decline over 1 year	-5.81%	-19.00%	+13.19%
Max Drawdown (3Y) Largest decline over 3 years	—	-24.24%	—
Current Drawdown Current decline from peak	-0.44%	-4.34%	+3.90%
Average Drawdown Average peak-to-trough decline	-0.90%	-3.80%	+2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.79%	6.28%	-5.49%

Volatility

JUNP vs. PJFG - Volatility Comparison

PGIM S&P 500 Buffer 12 ETF - June (JUNP) has a higher volatility of 7.05% compared to PGIM Jennison Focused Growth ETF (PJFG) at 6.19%. This indicates that JUNP's price experiences larger fluctuations and is considered to be riskier than PJFG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JUNP	PJFG	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.05%	6.19%	+0.86%
Volatility (6M) Calculated over the trailing 6-month period	8.20%	14.37%	-6.17%
Volatility (1Y) Calculated over the trailing 1-year period	8.81%	17.92%	-9.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.39%	20.94%	-10.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.39%	20.94%	-10.55%

JUNP vs. PJFG - Expense Ratio Comparison

JUNP has a 0.50% expense ratio, which is lower than PJFG's 0.75% expense ratio.

Dividends

JUNP vs. PJFG - Dividend Comparison

Neither JUNP nor PJFG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both JUNP and PJFG in my portfolio?

JUNP and PJFG have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, JUNP or PJFG?

JUNP has higher volatility (7.05%) compared to PJFG (6.19%). In terms of maximum drawdown, JUNP dropped -11.23% vs PJFG's -24.24%.

Which ETF is better, JUNP or PJFG?

On 1-year performance, PJFG leads with 11.76% vs 9.84% for JUNP. On fees, JUNP is cheaper at 0.50% per year. On volatility, PJFG has been the lower-risk option at 6.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, JUNP or PJFG?

Over the 1-year period, PJFG has performed better with a 11.76% return vs 9.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, JUNP or PJFG?

JUNP is cheaper with a 0.50% expense ratio, compared with 0.75% for PJFG.

Which ETF pays a higher dividend yield, JUNP or PJFG?

JUNP and PJFG have nearly identical dividend yields, around 0.00%.

What is the main difference between JUNP and PJFG?

JUNP is categorized as Defined Outcome, while PJFG is Large Cap Growth Equities. Their fees differ too: 0.50% for JUNP and 0.75% for PJFG.

Which has better risk-adjusted returns?

JUNP currently has the higher Sharpe Ratio (1.12 vs 0.66), 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.