PJBF vs. PSDM

Last updated Jul 17, 2026

PJBF (PGIM Jennison Better Future ETF) and PSDM (PGIM Short Duration Multi-Sector Bond ETF) are both exchange-traded funds - PJBF is a Global Equities fund actively managed by PGIM, while PSDM is a Multisector Bonds fund actively managed by PGIM. Both are actively managed. PJBF charges 0.59%/yr vs 0.40%/yr for PSDM.

Performance

PJBF vs. PSDM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Better Future ETF (PJBF) and PGIM Short Duration Multi-Sector Bond ETF (PSDM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PJBF

• 1D: 0.00%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PSDM

• 1D: 0.02%
• 1M: 0.17%
• 6M: 1.58%
• YTD: 1.66%
• 1Y: 4.71%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PJBF vs. PSDM - Yearly Performance Comparison

	2026 (YTD)
PJBF PGIM Jennison Better Future ETF	0.00%
PSDM PGIM Short Duration Multi-Sector Bond ETF	0.35%

Return for Risk

PJBF vs. PSDM — Risk / Return Rank

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

PJBF

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PSDM

PSDM Risk / Return Rank: 93
PSDM Sharpe Ratio Rank: 93
PSDM Sortino Ratio Rank: 95
PSDM Omega Ratio Rank: 95
PSDM Calmar Ratio Rank: 87
PSDM Martin Ratio Rank: 92

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. PSDM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) and PGIM Short Duration Multi-Sector Bond ETF (PSDM). 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.

	PJBF	PSDM	Difference
Sharpe ratio: Return per unit of total volatility	—	2.68	—
Sortino ratio: Return per unit of downside risk	—	4.42	—
Omega ratio: Gain probability vs. loss probability	—	1.57	—
Calmar ratio: Return relative to maximum drawdown	—	3.97	—
Martin ratio: Return relative to average drawdown	—	17.88	—

Drawdowns

PJBF vs. PSDM - Drawdown Comparison

The maximum PJBF drawdown since its inception was 0.00%, smaller than the maximum PSDM drawdown of -1.19%. Use the drawdown chart below to compare losses from any high point for PJBF and PSDM.

Drawdown Indicators

	PJBF	PSDM	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.19%	+1.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.19%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.17%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.26%	—

Volatility

Volatility by Period

	PJBF	PSDM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.55%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.77%	-1.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	2.00%	-2.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	2.00%	-2.00%

PJBF vs. PSDM - Expense Ratio Comparison

PJBF has a 0.59% expense ratio, which is higher than PSDM's 0.40% expense ratio.

Dividends

PJBF vs. PSDM - Dividend Comparison

PJBF has not paid dividends to shareholders, while PSDM's dividend yield for the trailing twelve months is around 4.83%.

Position	TTM	2025	2024	2023
PJBF PGIM Jennison Better Future ETF	0.00%	0.00%	0.00%	0.00%
PSDM PGIM Short Duration Multi-Sector Bond ETF	4.83%	4.57%	5.17%	2.91%

Frequently Asked Questions

Which ETF is better, PJBF or PSDM?

On fees, PSDM is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PJBF or PSDM?

PSDM is cheaper with a 0.40% expense ratio, compared with 0.59% for PJBF.

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

PSDM has the higher dividend yield at 4.83%, compared with 0.00% for PJBF.

What is the main difference between PJBF and PSDM?

PJBF is categorized as Global Equities, while PSDM is Multisector Bonds. Their fees differ too: 0.59% for PJBF and 0.40% for PSDM.