PJBF vs. PID

Last updated Jun 4, 2026

PJBF (PGIM Jennison Better Future ETF) and PID (Invesco International Dividend Achievers™ ETF) are both Global Equities funds. PJBF is actively managed, while PID is passively managed. Over the past year, PJBF returned 16.62% vs 16.04% for PID. At a 0.43 correlation, their price movements are largely independent. PJBF charges 0.59%/yr vs 0.56%/yr for PID.

Performance

PJBF vs. PID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Better Future ETF (PJBF) and Invesco International Dividend Achievers™ ETF (PID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJBF achieves a 8.99% return, which is significantly higher than PID's 5.45% return.

PJBF

• 1D: -1.20%
• 1M: 4.04%
• YTD: 8.99%
• 6M: 7.01%
• 1Y: 16.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PID

• 1D: -1.07%
• 1M: 1.28%
• YTD: 5.45%
• 6M: 6.61%
• 1Y: 16.04%
• 3Y*: 12.52%
• 5Y*: 8.28%
• 10Y*: 8.80%

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

PJBF vs. PID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PJBF PGIM Jennison Better Future ETF	8.99%	5.13%	19.91%	-0.80%
PID Invesco International Dividend Achievers™ ETF	5.45%	24.45%	3.08%	0.97%

Correlation

The correlation between PJBF and PID is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Dec 20, 2023	0.43

PJBF vs. PID - Sectors Allocation Comparison

Sectors	PJBF	PID
Technology	40.3%	8.7%
Industrials	18.0%	7.9%
Consumer Cyclical	13.6%	6.4%
Healthcare	11.2%	8.4%
Communication Services	9.6%	13.8%
Financial Services	2.8%	17.5%
Consumer Defensive	2.3%	6.0%
Utilities	2.3%	14.2%
Basic Materials	-	3.4%
Energy	-	13.3%
Real Estate	-	0.4%

Return for Risk

PJBF vs. PID — Risk / Return Rank

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

PJBF

PJBF Risk / Return Rank: 24
PJBF Sharpe Ratio Rank: 25
PJBF Sortino Ratio Rank: 25
PJBF Omega Ratio Rank: 24
PJBF Calmar Ratio Rank: 21
PJBF Martin Ratio Rank: 23

PID

PID Risk / Return Rank: 46
PID Sharpe Ratio Rank: 47
PID Sortino Ratio Rank: 50
PID Omega Ratio Rank: 47
PID Calmar Ratio Rank: 43
PID Martin Ratio Rank: 44

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.

PJBF vs. PID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) and Invesco International Dividend Achievers™ ETF (PID). 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.

	PJBF	PID	Difference
Sharpe ratio: Return per unit of total volatility	0.85	1.66	-0.81
Sortino ratio: Return per unit of downside risk	1.30	2.46	-1.15
Omega ratio: Gain probability vs. loss probability	1.16	1.30	-0.14
Calmar ratio: Return relative to maximum drawdown	0.91	2.16	-1.25
Martin ratio: Return relative to average drawdown	2.90	7.36	-4.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJBF vs. PID - Sharpe Ratio Comparison

The current PJBF Sharpe Ratio is 0.85, which is lower than the PID Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of PJBF and PID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PJBF	PID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.85	1.66	-0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.60	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.49	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.27	+0.36

Drawdowns

PJBF vs. PID - Drawdown Comparison

The maximum PJBF drawdown since its inception was -25.67%, smaller than the maximum PID drawdown of -66.34%. Use the drawdown chart below to compare losses from any high point for PJBF and PID.

Drawdown Indicators

	PJBF	PID	Difference
Max Drawdown Largest peak-to-trough decline	-25.67%	-66.34%	+40.67%
Max Drawdown (1Y) Largest decline over 1 year	-18.41%	-7.47%	-10.94%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.34%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.97%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-46.07%	—
Current Drawdown Current decline from peak	-1.20%	-2.19%	+0.99%
Average Drawdown Average peak-to-trough decline	-5.31%	-13.04%	+7.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.74%	2.18%	+3.56%

Volatility

PJBF vs. PID - Volatility Comparison

PGIM Jennison Better Future ETF (PJBF) has a higher volatility of 6.31% compared to Invesco International Dividend Achievers™ ETF (PID) at 2.75%. This indicates that PJBF's price experiences larger fluctuations and is considered to be riskier than PID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJBF	PID	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	2.75%	+3.56%
Volatility (6M) Calculated over the trailing 6-month period	15.81%	7.62%	+8.19%
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	9.70%	+9.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.52%	13.97%	+7.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.52%	17.84%	+3.68%

PJBF vs. PID - Expense Ratio Comparison

PJBF has a 0.59% expense ratio, which is higher than PID's 0.56% expense ratio.

Dividends

PJBF vs. PID - Dividend Comparison

PJBF's dividend yield for the trailing twelve months is around 0.22%, less than PID's 3.27% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
PID Invesco International Dividend Achievers™ ETF	3.27%	3.28%	3.88%	3.31%	3.30%	3.30%	3.16%	3.99%	3.87%	3.46%	3.90%	4.48%
PJBF PGIM Jennison Better Future ETF	0.22%	0.24%	0.16%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both PJBF and PID in my portfolio?

PJBF and PID have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PJBF or PID?

PJBF has higher volatility (6.31%) compared to PID (2.75%). In terms of maximum drawdown, PJBF dropped -25.67% vs PID's -66.34%.

Which ETF is better, PJBF or PID?

On 1-year performance, PJBF leads with 16.62% vs 16.04% for PID. On fees, PID is cheaper at 0.56% per year. On volatility, PID has been the lower-risk option at 2.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PJBF or PID?

Over the 1-year period, PJBF has performed better with a 16.62% return vs 16.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PJBF or PID?

PID is cheaper with a 0.56% expense ratio, compared with 0.59% for PJBF.

Which ETF pays a higher dividend yield, PJBF or PID?

PID has the higher dividend yield at 3.27%, compared with 0.22% for PJBF.

What is the main difference between PJBF and PID?

They also come from different issuers: PGIM and Invesco. Their fees differ too: 0.59% for PJBF and 0.56% for PID.

Which has better risk-adjusted returns?

PID currently has the higher Sharpe Ratio (1.66 vs 0.85), 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.