PJFV vs. ROE

Last updated Jun 4, 2026

PJFV (PGIM Jennison Focused Value ETF) and ROE (Astoria US Equal Weight Quality Kings ETF) are both Large Cap Value Equities funds. Both are actively managed. Over the past year, PJFV returned 35.20% vs 37.99% for ROE. Their correlation of 0.87 suggests significant overlap in exposure. PJFV charges 0.75%/yr vs 0.49%/yr for ROE.

Performance

PJFV vs. ROE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM Jennison Focused Value ETF (PJFV) and Astoria US Equal Weight Quality Kings ETF (ROE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PJFV achieves a 15.15% return, which is significantly lower than ROE's 20.98% return.

PJFV

• 1D: 0.17%
• 1M: 4.27%
• YTD: 15.15%
• 6M: 15.46%
• 1Y: 35.20%
• 3Y*: 24.56%
• 5Y*: —
• 10Y*: —

ROE

• 1D: -0.04%
• 1M: 8.10%
• YTD: 20.98%
• 6M: 21.56%
• 1Y: 37.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PJFV vs. ROE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
PJFV PGIM Jennison Focused Value ETF	15.15%	18.65%	24.13%	5.71%
ROE Astoria US Equal Weight Quality Kings ETF	20.98%	17.20%	18.34%	4.29%

Correlation

The correlation between PJFV and ROE is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Aug 2, 2023	0.87

The correlation between PJFV and ROE has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

PJFV vs. ROE - Sectors Allocation Comparison

Sectors	PJFV	ROE
Industrials	20.6%	9.8%
Financial Services	16.9%	11.7%
Technology	15.7%	36.1%
Consumer Cyclical	9.8%	9.4%
Energy	9.1%	3.5%
Healthcare	7.7%	8.7%
Utilities	7.6%	1.9%
Communication Services	7.1%	10.6%
Consumer Defensive	4.5%	4.7%
Basic Materials	1.0%	1.8%
Real Estate	-	1.9%

Return for Risk

PJFV vs. ROE — Risk / Return Rank

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

PJFV

PJFV Risk / Return Rank: 87
PJFV Sharpe Ratio Rank: 87
PJFV Sortino Ratio Rank: 87
PJFV Omega Ratio Rank: 85
PJFV Calmar Ratio Rank: 86
PJFV Martin Ratio Rank: 90

ROE

ROE Risk / Return Rank: 83
ROE Sharpe Ratio Rank: 84
ROE Sortino Ratio Rank: 82
ROE Omega Ratio Rank: 80
ROE Calmar Ratio Rank: 83
ROE Martin Ratio Rank: 89

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.

PJFV vs. ROE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM Jennison Focused Value ETF (PJFV) and Astoria US Equal Weight Quality Kings ETF (ROE). 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.

	PJFV	ROE	Difference
Sharpe ratio: Return per unit of total volatility	2.88	2.74	+0.14
Sortino ratio: Return per unit of downside risk	3.96	3.69	+0.27
Omega ratio: Gain probability vs. loss probability	1.52	1.48	+0.04
Calmar ratio: Return relative to maximum drawdown	4.83	4.41	+0.43
Martin ratio: Return relative to average drawdown	20.72	19.92	+0.81
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PJFV vs. ROE - Sharpe Ratio Comparison

The current PJFV Sharpe Ratio is 2.88, which is comparable to the ROE Sharpe Ratio of 2.74. The chart below compares the historical Sharpe Ratios of PJFV and ROE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PJFV	ROE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	2.74	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	1.54	1.39	+0.15

Drawdowns

PJFV vs. ROE - Drawdown Comparison

The maximum PJFV drawdown since its inception was -18.15%, roughly equal to the maximum ROE drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for PJFV and ROE.

Drawdown Indicators

	PJFV	ROE	Difference
Max Drawdown Largest peak-to-trough decline	-18.15%	-19.10%	+0.95%
Max Drawdown (1Y) Largest decline over 1 year	-7.31%	-8.66%	+1.35%
Max Drawdown (3Y) Largest decline over 3 years	-18.15%	—	—
Current Drawdown Current decline from peak	0.00%	-0.04%	+0.04%
Average Drawdown Average peak-to-trough decline	-2.11%	-2.59%	+0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.70%	1.91%	-0.21%

Volatility

PJFV vs. ROE - Volatility Comparison

PGIM Jennison Focused Value ETF (PJFV) has a higher volatility of 4.21% compared to Astoria US Equal Weight Quality Kings ETF (ROE) at 3.79%. This indicates that PJFV's price experiences larger fluctuations and is considered to be riskier than ROE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PJFV	ROE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	3.79%	+0.42%
Volatility (6M) Calculated over the trailing 6-month period	10.01%	10.66%	-0.65%
Volatility (1Y) Calculated over the trailing 1-year period	12.29%	13.94%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.12%	15.78%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.12%	15.78%	-1.66%

PJFV vs. ROE - Expense Ratio Comparison

PJFV has a 0.75% expense ratio, which is higher than ROE's 0.49% expense ratio.

Dividends

PJFV vs. ROE - Dividend Comparison

PJFV's dividend yield for the trailing twelve months is around 0.59%, less than ROE's 0.94% yield.

Position	TTM	2025	2024	2023	2022
PJFV PGIM Jennison Focused Value ETF	0.59%	0.68%	1.31%	1.20%	0.12%
ROE Astoria US Equal Weight Quality Kings ETF	0.94%	0.97%	1.18%	0.68%	0.00%

Frequently Asked Questions

Can I hold both PJFV and ROE in my portfolio?

PJFV and ROE have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PJFV or ROE?

PJFV has higher volatility (4.21%) compared to ROE (3.79%). In terms of maximum drawdown, PJFV dropped -18.15% vs ROE's -19.10%.

Which ETF is better, PJFV or ROE?

On 1-year performance, ROE leads with 37.99% vs 35.20% for PJFV. On fees, ROE is cheaper at 0.49% per year. On volatility, ROE has been the lower-risk option at 3.79%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, PJFV or ROE?

Over the 1-year period, ROE has performed better with a 37.99% return vs 35.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, PJFV or ROE?

ROE is cheaper with a 0.49% expense ratio, compared with 0.75% for PJFV.

Which ETF pays a higher dividend yield, PJFV or ROE?

ROE has the higher dividend yield at 0.94%, compared with 0.59% for PJFV.

What is the main difference between PJFV and ROE?

They also come from different issuers: PGIM and Astoria. Their fees differ too: 0.75% for PJFV and 0.49% for ROE.

Which has better risk-adjusted returns?

PJFV currently has the higher Sharpe Ratio (2.88 vs 2.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.