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PGIM Jennison Focused Growth ETF

PJFG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Dec 12 2022
Expense Ratio
0.75%
Type
US Equities
Fund Owner
PGIM Investments
Volume (1m avg. daily)
$67,794
AUM
$54,116,278
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus

Top 10 Holdings

NVDA
NVIDIA Corp
9.72%
MSFT
Microsoft Corporation
9.31%
AMZN
Amazon.com Inc.
7.76%
AAPL
Apple Inc
6.06%
MA
Mastercard Incorporated - Ordinary Shares - Class A
5.47%
TSLA
Tesla Inc
4.88%
GOOGL
Alphabet Inc - Ordinary Shares - Class A
4.65%
LLY
Lilly(Eli) & Co
4.41%
META
Meta Platforms Inc - Ordinary Shares - Class A
4.14%
MELI
MercadoLibre Inc
3.87%
Invest with PJFG

What is PJFG?

The subadviser looks for companies with unique business models that build sustained competitive advantages; catalysts that drive growth rates well above that of the market; superior financial characteristics; and attractive long-term valuations. The Fund seeks to capture acceleration or duration of growth that is not fully reflected in a stock's price. The subadviser considers selling or reducing an equity position when, in the opinion of the portfolio managers, the stock has experienced a fundamental disappointment in earnings; it has reached an intermediate-term price objective and its outlook no longer seems sufficiently promising; a relatively more attractive stock emerges; or the stock has experienced adverse price movement. A stock's price decline does not necessarily mean that the subadviser will sell the stock at that time.

ETFs related toPJFG

ETFs correlated to PJFG include IWY, JGRO, MGK

PJFG
PGIM ETF Trust - PGIM Jennison Focused Growth ETF
IWY
BlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF
JGRO
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF
MGK
Vanguard Group, Inc. - Vanguard Mega Cap Growth ETF
TQQQ
ProShares Trust - ProShares UltraPro QQQ 3x Shares
IWF
BlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF
SCHG
Schwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF
NUGO
NuShares ETF Trust - Nuveen Growth Opportunities ETF
QQQM
Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF
TCHP
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Blue Chip Growth ETF
VONG
Vanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPJFG

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

#BORING

The Not Boring: Rising Rates with Vol Switch

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with PJFG using Composer

FAQ

PJFG is a US Equities ETF. The subadviser looks for companies with unique business models that build sustained competitive advantages; catalysts that drive growth rates well above that of the market; superior financial characteristics; and attractive long-term valuations. The Fund seeks to capture acceleration or duration of growth that is not fully reflected in a stock's price. The subadviser considers selling or reducing an equity position when, in the opinion of the portfolio managers, the stock has experienced a fundamental disappointment in earnings; it has reached an intermediate-term price objective and its outlook no longer seems sufficiently promising; a relatively more attractive stock emerges; or the stock has experienced adverse price movement. A stock's price decline does not necessarily mean that the subadviser will sell the stock at that time.

Yes, PJFG is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, PJFG is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PJFG is -0.0082%. This is the percent change in the value of PJFG over the most recent 1-month period. The 3-month return on PJFG is 0.0003%. This is the percent change in the value of PJFG over the most recent 3-month period.

ETFs similar to PJFG include IWO, VTV, and VUG.

ETFs correlated to PJFG include IWY, JGRO, and MGK.

ETFs that are inversely correlated to PJFG include SQQQ, QID, and PSQ.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.