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GUSE vs PJFG

Goldman Sachs Enhanced U.S. Equity ETF

GUSEANasdaq

PGIM Jennison Focused Growth ETF

PJFGDNYSE Arca

Overlap

Expense ratio

GUSE −0.45pt a year

GUSE0.30%PJFG0.75%

Avg volume · 30D

GUSE 6.8×the volume

GUSE24.9KPJFG3.67K

GUSE vs PJFG Performance

Dec 31, 2025 – Oct 30, 2026

+11.8%GUSE+2.9%PJFG

Dec 31, 2025 to Oct 30, 2026. GUSE +11.8%. PJFG +2.9%. Use the arrow keys to read each point.−10%−5%15%Dec 2025Jun 2026Oct 2026
Expense ratio
GUSE 0.30%, better
PJFG 0.75%
Fund size
GUSE $421M
PJFG $139M
1Y total return
GUSE No data
PJFG −0.3%
Holdings
GUSE 122
PJFG 39
Avg volume (30D)
GUSE 24.9K sh, better
PJFG 3.67K sh
NAV per share
GUSE $46.05
PJFG $117.79
52W range

ETF.net Grade

GUSE: Cost 97, Risk 94, Mission not scored, Tradability 46, Holdings 89, Durability 85. PJFG: Cost 19, Risk 44, Mission not scored, Tradability 51, Holdings 48, Durability 60.
Pillar letters and Scores for GUSE, PJFG, with each pillar’s weight
PillarGUSEPJFG
Cost30% weightA97HigherF19
Mission25% weightNot scoredNot scored
Risk15% weightA94HigherC44
Tradability15% weightC46C51Higher
Holdings10% weightA89HigherC48
Durability5% weightA85HigherB60

Rank among US Active Growth funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GUSE and PJFG are both graded against the same 90 US Active Growth funds, so their Grades compare head to head.

US Active Growth⁠

Category · 90 funds
See all 90 ›

GUSE ranks 2nd and PJFG 74th of 90 funds in the US Active Growth Category.

  1. Rank 1AJUSAJPMorgan U.S. Research Enhanced Large Cap ETFScore 86
  2. Rank 2AGUSEGoldman Sachs Enhanced U.S. Equity ETFScore 84
  3. Rank 3ALRGCAB US Large Cap Strategic Equities ETFScore 81
  4. Rank 72DFRTYAlger Mid Cap 40 ETFScore 37
  5. Rank 74DPJFGPGIM Jennison Focused Growth ETFScore 36
  6. Rank 75DSEMGSuncoast Select Growth ETFScore 35

Our read on each fund

ETF.net Research

GUSEAGoldman Sachs Enhanced U.S. Equity ETF

PJFGDPGIM Jennison Focused Growth ETF

In short

GUSE Goldman's fundamental stock pickers hunting long-term growth in US companies, for 0.30% a year. The strategy dates to 2008 and charges well under the typical active US growth fund.

PJFG Jennison's high-conviction growth playbook in an ETF wrapper: an actively managed, non-diversified book of medium and large caps, benchmarked to the Russell 1000 Growth. Concentration is the whole point here.

Stated mandate

GUSE The Fund seeks long-term growth of capital by investing in companies that the Investment Adviser believes are positioned for long-term growth.

PJFG The fund seeks long-term capital growth through an actively managed, focused portfolio of primarily medium- and large-cap companies judged to offer strong capital-appreciation potential.

Why people hold it

  • GUSE Charges 0.30% a year, against a 0.54% median for its active US growth cohort. Cheap, for stock picking.
  • Actively run with no index to shadow. Managers hold companies they judge positioned for long-term growth, so the portfolio can look different from a large-cap benchmark.
  • Inception dates to 2008, so the strategy has run through multiple market cycles, not one long rally.
  • One of the stronger implementations in a crowded field of active US growth funds.
  • PJFG Active and unapologetically concentrated: a non-diversified mandate means the managers' best growth ideas carry real weight instead of getting diluted across hundreds of names.pgim.com
  • Clear yardstick. It is measured against the Russell 1000 Growth Index, so its stock picking can be judged against the obvious passive alternative.pgim.com
  • Live since 2022, so there is a real record under the same mandate to examine, not a backtest.

Worth knowing

  • GUSE Trades thinly next to the category's heavyweights. Spreads can be wider, which bites most on large or hurried orders.
  • Two peers in the same top tier undercut it on fee: JUSA at 0.12% and FELG at 0.18%. Price is not where this one stands out.
  • Distributions land once or twice a year, not monthly. Growth of capital is the stated goal, not an income stream.
  • PJFG Costs 0.75% a year, above the typical active growth fund and above same-benchmark peers like FFOG (0.41%) and PGRO (0.50%).
  • Thinly traded next to its peer group, so bid-ask spreads can be wider at the moment you transact.
  • Non-diversified cuts both ways: a stumble at one or two of the largest positions moves the whole fund.pgim.com

Full GUSE profile⁠

Full PJFG profile⁠

GUSE vs PJFG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GUSE vs PJFG Cost

Overpaying PJFG vs GUSE

$8,333

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GUSE 0.30%

    $6,149

  • PJFG 0.75%

    $14,482

$10,000
30 years

Cost over time

  • GUSE 0.30%
  • PJFG 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530PJFG $14,482GUSE $6,149

Year by year

YearGUSEPJFGOverpaying
10$545$1,336$791
20$2,113$5,078$2,965
30$6,149$14,482$8,333

Expense ratio

  • 0.30%GUSE, cheaper
  • 0.75%PJFG
  • Middle half of US Active Growth funds
  • Median 0.55%

GUSE 3rd cheapest of 90 funds

PJFG 72nd cheapest of 90 funds

GUSE vs PJFG Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
GUSE No data
PJFG None
Last payment
GUSE $0.30
PJFG No data
Ex-dividend
GUSE Dec 23, 2025
PJFG No data
Paid on
GUSE Dec 30, 2025
PJFG No data
Frequency
GUSE Irregular
PJFG No data

Distribution history

Per share, 2025 to 2026, same scale for both

GUSEIrregular · 1 paymentAll GUSE payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 23, 2025 $0.30. Use the arrow keys to read each point.$0$0.252026YTD
PJFGAll PJFG payments⁠

No distribution history available.

GUSE vs PJFG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GUSE No dataPJFG 18.7%
Return per unit of riskSharpe ratio, 3 years
GUSE No dataPJFG 0.97
Worst fallMax drawdown, 5 years
GUSE No dataPJFG −24.2%since Dec 2022
Market sensitivityBeta, 5 years
GUSE 0.93PJFG 1.28

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