PJBF vs. WRND

Last updated Jul 17, 2026

PJBF (PGIM Jennison Better Future ETF) and WRND (IQ Global Equity R&D Leaders ETF) are both Global Equities funds. PJBF is actively managed, while WRND is passively managed. PJBF charges 0.59%/yr vs 0.18%/yr for WRND.

Performance

PJBF vs. WRND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Better Future ETF (PJBF) and IQ Global Equity R&D Leaders ETF (WRND). 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*: —

WRND

• 1D: -1.28%
• 1M: -0.95%
• 6M: 9.10%
• YTD: 12.51%
• 1Y: 27.67%
• 3Y*: 19.41%
• 5Y*: —
• 10Y*: —

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

PJBF vs. WRND - Yearly Performance Comparison

	2026 (YTD)
PJBF PGIM Jennison Better Future ETF	0.00%
WRND IQ Global Equity R&D Leaders ETF	0.00%

PJBF vs. WRND - Sectors Allocation Comparison

Sectors	PJBF	WRND
Technology	40.0%	52.8%
Industrials	16.5%	12.9%
Consumer Cyclical	13.8%	8.3%
Communication Services	11.5%	12.4%
Healthcare	11.5%	11.3%
Financial Services	2.5%	-
Consumer Defensive	2.3%	1.4%
Utilities	2.0%	-
Basic Materials	-	0.9%
Energy	-	-
Real Estate	-	-

Return for Risk

PJBF vs. WRND — 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.

WRND

WRND Risk / Return Rank: 55
WRND Sharpe Ratio Rank: 56
WRND Sortino Ratio Rank: 54
WRND Omega Ratio Rank: 51
WRND Calmar Ratio Rank: 55
WRND Martin Ratio Rank: 62

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. WRND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) and IQ Global Equity R&D Leaders ETF (WRND). 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	WRND	Difference
Sharpe ratio: Return per unit of total volatility	—	1.52	—
Sortino ratio: Return per unit of downside risk	—	2.13	—
Omega ratio: Gain probability vs. loss probability	—	1.26	—
Calmar ratio: Return relative to maximum drawdown	—	2.24	—
Martin ratio: Return relative to average drawdown	—	8.70	—

Drawdowns

PJBF vs. WRND - Drawdown Comparison

The maximum PJBF drawdown since its inception was 0.00%, smaller than the maximum WRND drawdown of -27.16%. Use the drawdown chart below to compare losses from any high point for PJBF and WRND.

Drawdown Indicators

	PJBF	WRND	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-27.16%	+27.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-12.43%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.41%	—
Current Drawdown Current decline from peak	0.00%	-3.86%	+3.86%
Average Drawdown Average peak-to-trough decline	0.00%	-5.91%	+5.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.19%	—

Volatility

Volatility by Period

	PJBF	WRND	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	15.24%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.30%	-18.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	18.94%	-18.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.94%	-18.94%

PJBF vs. WRND - Expense Ratio Comparison

PJBF has a 0.59% expense ratio, which is higher than WRND's 0.18% expense ratio.

Dividends

PJBF vs. WRND - Dividend Comparison

PJBF has not paid dividends to shareholders, while WRND's dividend yield for the trailing twelve months is around 0.93%.

Position	TTM	2025	2024	2023	2022
PJBF PGIM Jennison Better Future ETF	0.00%	0.00%	0.00%	0.00%	0.00%
WRND IQ Global Equity R&D Leaders ETF	0.93%	1.29%	1.15%	2.06%	2.06%

Frequently Asked Questions

Which ETF is better, PJBF or WRND?

On fees, WRND is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PJBF or WRND?

WRND is cheaper with a 0.18% expense ratio, compared with 0.59% for PJBF.

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

WRND has the higher dividend yield at 0.93%, compared with 0.00% for PJBF.

What is the main difference between PJBF and WRND?

They also come from different issuers: PGIM and IndexIQ. Their fees differ too: 0.59% for PJBF and 0.18% for WRND.