PGOAX vs. IUSV

Last updated Apr 3, 2026

Compare and contrast key facts about PGIM Jennison Small Company Fund (PGOAX) and iShares Core S&P U.S. Value ETF (IUSV).

PGOAX is managed by PGIM. It was launched on Jan 22, 1990. IUSV is a passively managed fund by iShares that tracks the performance of the S&P 900 Value Index. It was launched on Jul 24, 2000.

Performance

PGOAX vs. IUSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Small Company Fund (PGOAX) and iShares Core S&P U.S. Value ETF (IUSV). The values are adjusted to include any dividend payments, if applicable.

PGOAX vs. IUSV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGOAX PGIM Jennison Small Company Fund	1.69%	6.96%	16.26%	11.48%	-18.85%	29.05%	27.07%	41.48%	-13.69%	19.58%
IUSV iShares Core S&P U.S. Value ETF	0.41%	12.85%	12.18%	21.73%	-5.40%	25.22%	1.56%	31.47%	-9.21%	15.09%

Returns By Period

In the year-to-date period, PGOAX achieves a 1.69% return, which is significantly higher than IUSV's 0.41% return. Both investments have delivered pretty close results over the past 10 years, with PGOAX having a 11.91% annualized return and IUSV not far behind at 11.69%.

PGOAX

• 1D: 0.86%
• 1M: -4.06%
• YTD: 1.69%
• 6M: 6.78%
• 1Y: 16.04%
• 3Y*: 10.86%
• 5Y*: 5.33%
• 10Y*: 11.91%

IUSV

• 1D: 0.18%
• 1M: -3.35%
• YTD: 0.41%
• 6M: 3.28%
• 1Y: 12.73%
• 3Y*: 13.80%
• 5Y*: 10.32%
• 10Y*: 11.69%

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

PGOAX vs. IUSV - Expense Ratio Comparison

PGOAX has a 1.13% expense ratio, which is higher than IUSV's 0.04% expense ratio.

PGOAX

PGIM Jennison Small Company Fund

IUSV

iShares Core S&P U.S. Value ETF

Return for Risk

PGOAX vs. IUSV — Risk / Return Rank

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

PGOAX

PGOAX Risk / Return Rank: 35
PGOAX Sharpe Ratio Rank: 32
PGOAX Sortino Ratio Rank: 34
PGOAX Omega Ratio Rank: 32
PGOAX Calmar Ratio Rank: 36
PGOAX Martin Ratio Rank: 41

IUSV

IUSV Risk / Return Rank: 41
IUSV Sharpe Ratio Rank: 40
IUSV Sortino Ratio Rank: 40
IUSV Omega Ratio Rank: 43
IUSV Calmar Ratio Rank: 35
IUSV Martin Ratio Rank: 45

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.

PGOAX vs. IUSV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Small Company Fund (PGOAX) and iShares Core S&P U.S. Value ETF (IUSV). 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.

	PGOAX	IUSV	Difference
Sharpe ratio Return per unit of total volatility	0.87	0.82	+0.05
Sortino ratio Return per unit of downside risk	1.33	1.23	+0.10
Omega ratio Gain probability vs. loss probability	1.19	1.18	0.00
Calmar ratio Return relative to maximum drawdown	1.30	1.10	+0.19
Martin ratio Return relative to average drawdown	5.33	5.08	+0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGOAX vs. IUSV - Sharpe Ratio Comparison

The current PGOAX Sharpe Ratio is 0.87, which is comparable to the IUSV Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of PGOAX and IUSV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	PGOAX	IUSV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.87	0.82	+0.05
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	0.71	-0.45
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.69	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.56	0.59	-0.03

Correlation

The correlation between PGOAX and IUSV is 0.84, 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.

Dividends

PGOAX vs. IUSV - Dividend Comparison

PGOAX's dividend yield for the trailing twelve months is around 7.98%, more than IUSV's 1.80% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PGOAX PGIM Jennison Small Company Fund	7.98%	8.11%	5.29%	0.37%	4.11%	37.46%	14.95%	18.11%	20.80%	8.28%	5.42%	15.00%
IUSV iShares Core S&P U.S. Value ETF	1.80%	1.78%	2.15%	1.75%	2.22%	1.87%	2.40%	2.19%	2.67%	1.93%	4.44%	7.63%

Drawdowns

PGOAX vs. IUSV - Drawdown Comparison

The maximum PGOAX drawdown since its inception was -56.57%, roughly equal to the maximum IUSV drawdown of -56.88%. Use the drawdown chart below to compare losses from any high point for PGOAX and IUSV.

Drawdown Indicators

	PGOAX	IUSV	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-56.88%	+0.31%
Max Drawdown (1Y) Largest decline over 1 year	-9.88%	-8.23%	-1.65%
Max Drawdown (5Y) Largest decline over 5 years	-28.19%	-17.95%	-10.24%
Max Drawdown (10Y) Largest decline over 10 years	-47.39%	-37.54%	-9.85%
Current Drawdown Current decline from peak	-5.90%	-4.35%	-1.55%
Average Drawdown Average peak-to-trough decline	-9.03%	-6.33%	-2.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	2.63%	+0.85%

Volatility

PGOAX vs. IUSV - Volatility Comparison

PGIM Jennison Small Company Fund (PGOAX) has a higher volatility of 7.43% compared to iShares Core S&P U.S. Value ETF (IUSV) at 3.84%. This indicates that PGOAX's price experiences larger fluctuations and is considered to be riskier than IUSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGOAX	IUSV	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.43%	3.84%	+3.59%
Volatility (6M) Calculated over the trailing 6-month period	12.42%	7.78%	+4.64%
Volatility (1Y) Calculated over the trailing 1-year period	20.95%	15.67%	+5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.25%	14.59%	+5.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.12%	17.08%	+5.04%