Correlation
The correlation between PJBF and SNPE is 0.86, 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.
PJBF vs. SNPE
Compare and contrast key facts about PGIM Jennison Better Future ETF (PJBF) and Xtrackers S&P 500 ESG ETF (SNPE).
PJBF and SNPE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PJBF is an actively managed fund by PGIM. It was launched on Dec 14, 2023. SNPE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P 500 ESG Index. It was launched on Jun 26, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PJBF or SNPE.
Performance
PJBF vs. SNPE - Performance Comparison
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Key characteristics
PJBF:
0.03
SNPE:
0.52
PJBF:
0.10
SNPE:
0.77
PJBF:
1.01
SNPE:
1.11
PJBF:
-0.05
SNPE:
0.46
PJBF:
-0.15
SNPE:
1.68
PJBF:
8.59%
SNPE:
5.27%
PJBF:
24.39%
SNPE:
19.83%
PJBF:
-25.67%
SNPE:
-33.38%
PJBF:
-9.07%
SNPE:
-5.04%
Returns By Period
In the year-to-date period, PJBF achieves a -2.83% return, which is significantly lower than SNPE's -1.33% return.
PJBF
-2.83%
3.99%
-5.04%
1.04%
N/A
N/A
N/A
SNPE
-1.33%
4.76%
-4.18%
9.20%
13.60%
16.04%
N/A
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PJBF vs. SNPE - Expense Ratio Comparison
PJBF has a 0.59% expense ratio, which is higher than SNPE's 0.10% expense ratio.
Risk-Adjusted Performance
PJBF vs. SNPE — Risk-Adjusted Performance Rank
PJBF
SNPE
PJBF vs. SNPE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) and Xtrackers S&P 500 ESG ETF (SNPE). 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.
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Dividends
PJBF vs. SNPE - Dividend Comparison
PJBF's dividend yield for the trailing twelve months is around 0.16%, less than SNPE's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
PJBF PGIM Jennison Better Future ETF | 0.16% | 0.15% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SNPE Xtrackers S&P 500 ESG ETF | 1.22% | 1.17% | 1.32% | 1.65% | 1.08% | 1.43% | 1.20% |
Drawdowns
PJBF vs. SNPE - Drawdown Comparison
The maximum PJBF drawdown since its inception was -25.67%, smaller than the maximum SNPE drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for PJBF and SNPE.
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Volatility
PJBF vs. SNPE - Volatility Comparison
The current volatility for PGIM Jennison Better Future ETF (PJBF) is 4.66%, while Xtrackers S&P 500 ESG ETF (SNPE) has a volatility of 4.93%. This indicates that PJBF experiences smaller price fluctuations and is considered to be less risky than SNPE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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