PJFG vs. FBGRX
Compare and contrast key facts about PGIM Jennison Focused Growth ETF (PJFG) and Fidelity Blue Chip Growth Fund (FBGRX).
PJFG is an actively managed fund by PGIM. It was launched on Dec 12, 2022. FBGRX is managed by Fidelity. It was launched on Dec 31, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PJFG or FBGRX.
Key characteristics
| PJFG | FBGRX | |
|---|---|---|
| YTD Return | 31.45% | 37.67% |
| 1Y Return | 44.95% | 52.51% |
| Sharpe Ratio | 2.28 | 2.64 |
| Sortino Ratio | 3.02 | 3.39 |
| Omega Ratio | 1.40 | 1.47 |
| Calmar Ratio | 2.91 | 2.43 |
| Martin Ratio | 10.54 | 12.93 |
| Ulcer Index | 4.14% | 3.97% |
| Daily Std Dev | 19.16% | 19.41% |
| Max Drawdown | -15.02% | -57.42% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between PJFG and FBGRX is 0.96, 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
PJFG vs. FBGRX - Performance Comparison
In the year-to-date period, PJFG achieves a 31.45% return, which is significantly lower than FBGRX's 37.67% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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PJFG vs. FBGRX - Expense Ratio Comparison
PJFG has a 0.75% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Risk-Adjusted Performance
PJFG vs. FBGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Focused Growth ETF (PJFG) and Fidelity Blue Chip Growth Fund (FBGRX). 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
PJFG vs. FBGRX - Dividend Comparison
PJFG has not paid dividends to shareholders, while FBGRX's dividend yield for the trailing twelve months is around 5.10%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PJFG PGIM Jennison Focused Growth ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FBGRX Fidelity Blue Chip Growth Fund | 5.10% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.09% | 0.22% | 5.07% | 6.08% | 7.80% |
Drawdowns
PJFG vs. FBGRX - Drawdown Comparison
The maximum PJFG drawdown since its inception was -15.02%, smaller than the maximum FBGRX drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for PJFG and FBGRX. For additional features, visit the drawdowns tool.
Volatility
PJFG vs. FBGRX - Volatility Comparison
The current volatility for PGIM Jennison Focused Growth ETF (PJFG) is 5.12%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 5.39%. This indicates that PJFG experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.