PJFAX vs. MGK
Compare and contrast key facts about PGIM Jennison Growth Fund (PJFAX) and Vanguard Mega Cap Growth ETF (MGK).
PJFAX is managed by PGIM Investments. It was launched on Nov 2, 1995. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PJFAX or MGK.
Key characteristics
| PJFAX | MGK | |
|---|---|---|
| YTD Return | 29.54% | 31.65% |
| 1Y Return | 30.59% | 41.08% |
| 3Y Return (Ann) | -2.86% | 10.31% |
| 5Y Return (Ann) | 9.41% | 20.48% |
| 10Y Return (Ann) | 8.13% | 16.60% |
| Sharpe Ratio | 1.58 | 2.38 |
| Sortino Ratio | 2.08 | 3.07 |
| Omega Ratio | 1.30 | 1.43 |
| Calmar Ratio | 0.94 | 3.03 |
| Martin Ratio | 7.76 | 11.53 |
| Ulcer Index | 3.96% | 3.56% |
| Daily Std Dev | 19.48% | 17.25% |
| Max Drawdown | -67.83% | -48.36% |
| Current Drawdown | -9.68% | 0.00% |
Correlation
The correlation between PJFAX and MGK is 0.95, 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.
Performance
PJFAX vs. MGK - Performance Comparison
In the year-to-date period, PJFAX achieves a 29.54% return, which is significantly lower than MGK's 31.65% return. Over the past 10 years, PJFAX has underperformed MGK with an annualized return of 8.13%, while MGK has yielded a comparatively higher 16.60% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
PJFAX vs. MGK - Expense Ratio Comparison
PJFAX has a 0.97% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
PJFAX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Growth Fund (PJFAX) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
PJFAX vs. MGK - Dividend Comparison
PJFAX has not paid dividends to shareholders, while MGK's dividend yield for the trailing twelve months is around 0.42%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJFAX PGIM Jennison Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
PJFAX vs. MGK - Drawdown Comparison
The maximum PJFAX drawdown since its inception was -67.83%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for PJFAX and MGK. For additional features, visit the drawdowns tool.
Volatility
PJFAX vs. MGK - Volatility Comparison
PGIM Jennison Growth Fund (PJFAX) and Vanguard Mega Cap Growth ETF (MGK) have volatilities of 5.00% and 5.21%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.