JIG vs PJIO: Grades, Fees and Holdings Compared

JPMorgan International Growth ETF

JIGBNYSE Arca

PGIM Jennison International Opportunities ETF

PJIOFNYSE Arca

Overlap

14.3%by weight

Expense ratio

PJIO −0.01pt a year

JIG0.55%PJIO0.54%

Avg volume · 30D

JIG 2.6×the volume

JIG32KPJIO12.2K

JIG vs PJIO Performance

Oct 31, 2025 – Oct 30, 2026

+6.3%JIG−9.6%PJIO

Expense ratio: JIG 0.55%; PJIO 0.54%, better
Fund size: JIG $526M; PJIO $59M
1Y total return: JIG +6.3%, better; PJIO −9.6%
Yield (12M): JIG 2.07%, better; PJIO 0.20%
Holdings: JIG 92; PJIO 37
Avg volume (30D): JIG 32K sh, better; PJIO 12.2K sh
NAV per share: JIG $79.41; PJIO $59.67
52W range

ETF.net Grade

Pillar letters and Scores for JIG, PJIO, with each pillar’s weight
Pillar	JIG	PJIO
Cost30% weight	C50	A76Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	B58Higher	F23
Tradability15% weight	B65Higher	B55
Holdings10% weight	C51Higher	D30
Durability5% weight	A94Higher	B58

Rank among International Active Growth funds

How we build Categories ›

Same Category. JIG and PJIO are both graded against the same 14 International Active Growth funds, so their Grades compare head to head.

International Active Growth⁠

Category · 14 funds

See all 14 ›

JIG ranks 3rd and PJIO 5th of 14 funds in the International Active Growth Category.

Rank 1BCGXUCapital Group International Focus Equity ETFScore 66
Rank 2BFFGXFidelity Fundamental Global ex-U.S. ETFScore 61
Rank 3BJIGJPMorgan International Growth ETFScore 57
Rank 4BMTRAInvesco International Growth Focus ETFScore 56
Rank 5BFFDIFidelity Fundamental Developed International ETFScore 53
Rank 5FPJIOPGIM Jennison International Opportunities ETFScore 53
Rank 8CLOEVHarding Loevner International Developed Markets Select Equity ETFScore 45

Our read on each fund

ETF.net Research

JIGBJPMorgan International Growth ETF

PJIOFPGIM Jennison International Opportunities ETF

In short

JIG J.P. Morgan's stockpickers loose on international growth: roughly 90 foreign companies chosen one at a time, priced under the typical active peer in this corner of the market.

PJIO Jennison's concentrated international growth playbook, in an ETF: a compact book of non-U.S. stocks picked one at a time. PGIM has announced a rename and a fee cut to 0.54%, so read the current prospectus.

Stated mandate

JIG The fund seeks long-term capital appreciation by investing in foreign equity securities.

PJIO Seeks long-term growth of capital by investing primarily in non-U.S. companies, including issuers in emerging and frontier markets, using fundamental research and systematic portfolio construction.

Why people hold it

JIG At 0.55%, it undercuts the median fee among active international growth peers and lands within a basis point of the cohort's cheapest name, CGXU (0.54%).
Roughly 90 foreign companies. Concentrated enough that individual picks show up in results, without the thousand-name sprawl of a broad index.
Sits in the upper tier of its active international growth peer group on our review.
Live since 2020, so there is a multi-year real-money record behind the strategy rather than a backtest.

PJIO Real stock picking, not index-hugging: a non-diversified, high-conviction growth portfolio from Jennison Associates, which PGIM says has run equity strategies for over 50 years.pgim.com
The mandate reaches past the usual developed-market blue chips into emerging and frontier issuers, measured against the MSCI ACWI ex USA Index.
PGIM has announced an expense ratio cut to 0.54%, level with the cheapest active international growth funds in its peer set (CGXU at 0.54%, JIG at 0.55%).pgim.com

Worth knowing

JIG Thinly traded next to big index funds, so spreads and order size matter more here than with a heavily traded ETF.
No index to grade it against. The mandate is long-term capital appreciation from foreign equities, and the route there is the manager's call.jpmorgan.com
Distributions land once or twice a year, not monthly or quarterly.

PJIO PGIM has announced a repositioning and rename to the PGIM Jennison Focused International Equity ETF, so the strategy described today may not match the one after the change.pgim.com
Non-diversified by design: a slip in one big holding lands harder than it would in a broad index fund, and growth styles can sit out of favor for long stretches.pgim.com
Small and lightly traded, so bid-ask spreads carry more weight here than at a mega-fund. Limit orders are the standard tool for that.

Full JIG profile⁠

Full PJIO profile⁠

JIG vs PJIO Holdings

How JIG and PJIO differ

Overlap by weight

14.3%

Shared holdings make up 32.9% of PJIO and 14.3% of JIG.

Level by level

Holdings10 in both14.3%
Countryby domicile66.3%
Sector10 Sectors76.7%
Asset classEquity100%

Sector

Sector weights in JIG and PJIO, widest gap first
Sector	More in JIGMore in PJIO	JIG	PJIO
Industrials	PJIO +9.0 points	17.4%	26.4%
Financials	JIG +8.9 points	11.6%	2.7%
Technology	PJIO +7.9 points	33.5%	41.4%
Materials	JIG +7.8 points	7.8%	0.0%
Health Care	PJIO +5.3 points	3.4%	8.7%
Utilities	JIG +2.8 points	2.8%	0.0%
Communication	JIG +2.2 points	8.3%	6.1%
Energy	JIG +1.5 points	1.5%	0.0%
Consumer Staples	PJIO +0.7 points	2.3%	3.0%
Consumer Discretionary	PJIO +0.4 points	11.4%	11.8%

Country, concentration and asset class

Country by domicile

Country weights in JIG and PJIO, widest gap first
Country	More in JIGMore in PJIO	JIG	PJIO
United States	PJIO +6.8 points	3.4%	10.2%
Switzerland	PJIO +6.7 points	4.3%	11.0%
Taiwan	PJIO +6.7 points	11.1%	17.8%
Netherlands	PJIO +6.4 points	4.7%	11.1%
Japan	JIG +6.0 points	13.8%	7.8%
South Korea	JIG +4.9 points	9.2%	4.3%
Hong Kong	JIG +3.5 points	3.5%	0.0%
Denmark	JIG +3.0 points	3.0%	0.0%
Other countries (18)	JIG +9.2 points	46.9%	37.7%

Outside the US: JIG 69% developed, 31% emerging. PJIO 72% developed, 28% emerging.

Concentration

Weight in the 10 largest Holdings

JIG29.4%
PJIO52.6%

Securities held

JIG85
PJIO26

Asset class

JIG: Equity
PJIO: Equity

Holdings

Only in JIG75
In both10
Only in PJIO16

Only in JIG

75 securities, 85.3% of JIG by weight

Taiwan Semiconductor5.96%
JPMorgan Prime Money3.70%
Asml Holding NV Common3.04%
Recruit Holdings Co Ltd2.41%
Astrazeneca PLC Common2.39%
Samsung Electronics Co2.39%
Air Liquide SA Common2.36%
Compass Group PLC Common2.34%
Sk Square Co Ltd Common2.31%
Relx PLC Common Stock Gbp1.98%
Spotify Technology SA1.71%
Wheaton Precious Metals1.49%
Roche Holding AG Common1.47%
Sony Group Corp Common1.44%
Aia Group Ltd Common1.40%
Dbs Group Holdings Ltd1.32%
Glencore PLC Common1.27%
Essilorluxottica SA1.24%
Hong Kong Exchanges &1.17%
Indra Sistemas SA Common1.16%
Novonesis Novozymes B1.12%
Loblaw Cos Ltd Common1.12%
Ferrari NV Common Stock1.10%
Asics Corp Common Stock1.10%
Sk Hynix Inc Common1.08%
Dsv A/S Common Stock Dkk1.06%
Taiwan Semiconductor1.06%
Otp Bank Nyrt Common1.04%
Legrand SA Common Stock1.00%
Banco Santander SA Common0.98%
Telstra Group Ltd Common0.98%
Sanrio Co Ltd Common0.98%
Nintendo Co Ltd Common0.97%
Tencent Holdings Ltd0.97%
Azbil Corp Common Stock0.96%
Rwe AG Common Stock Eur0.96%
Ucb SA Common Stock Eur 00.95%
British American Tobacco0.94%
Genmab A/S0.93%
Techtronic Industries Co0.92%
Sumitomo Electric0.90%
Nan Ya Plastics Corp0.89%
Volvo Ab Common Stock Sek0.88%
Sbm Offshore NV Common0.87%
Piraeus Bank SA Common0.84%
Ultratech Cement Ltd0.80%
Cia De Saneamento Basico0.79%
Bajaj Finance Ltd Common0.78%
AT&S Austria Technologie0.77%
SCOUT24 SE Common Stock0.76%

Only in PJIO

16 securities, 64.0% of PJIO by weight

Taiwan Semiconductor Manufacturing Co Ltd11.24%
Asml Holding NV7.53%
Galderma Group AG4.98%
Argenx SE4.51%
Samsung Electronics Co Ltd4.25%
Abb Ltd3.55%
L'oreal SA3.51%
Asm International NV3.37%
Liberty Media Corp3.34%
Saab Ab3.25%
Brunello Cucinelli Spa3.01%
Embraer SA3.01%
Elite Material Co Ltd2.87%
Fujikura Ltd2.80%
Sartorius AG2.80%
Net Current Assets<0.01%

Weight gaps

All 10 Holdings in both funds, largest gap first.

Holding weights in JIG and PJIO, widest gap first
Holding	More in JIGMore in PJIO	JIG	PJIO
Advantest Corp Common	PJIO +2.75 points	1.44%	4.19%
Rolls-Royce Holdings PLCRR.L	PJIO +2.46 points	2.04%	4.50%
Industria De Diseno	PJIO +2.38 points	0.80%	3.18%
Safran SA Common Stock	PJIO +1.95 points	2.43%	4.38%
Delta Electronics Inc	PJIO +1.85 points	0.89%	2.74%
Standard Chartered PLCSTAN.L	PJIO +1.78 points	0.81%	2.59%
Intercontinental HotelsIHG.L	PJIO +1.76 points	1.59%	3.35%
Nebius Group NV CommonNBIS	PJIO +1.69 points	0.52%	2.21%
Shopify Inc Common Stock	PJIO +1.04 points	2.41%	3.45%
Cie Financiere Richemont	PJIO +0.89 points	1.37%	2.26%

All 86 JIG holdings⁠All PJIO 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.

JIG vs PJIO Cost

Overpaying JIG vs PJIO

$184

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

JIG 0.55%
$10,904
PJIO 0.54%
$10,720

Amount$10,000

Years30 years

Cost over time

JIG 0.55%
PJIO 0.54%
Overpaying

Year by year

Year	JIG	PJIO	Overpaying
10	$988	$971	$17
20	$3,790	$3,724	$66
30	$10,904	$10,720	$184

Expense ratio

0.55%JIG
0.54%PJIO, cheaper

PJIO0.54%JIG0.55%

0.23%0.72%

Middle half of International Active Growth funds
Median 0.55%

PJIO 3rd cheapest of 14 funds

JIG 6th cheapest of 14 funds

JIG vs PJIO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): JIG 2.07%, better; PJIO 0.20%
Payout (12M): JIG $1.65; PJIO $0.12
Last payment: JIG $1.65; PJIO $0.12
Ex-dividend: JIG Dec 16, 2025; PJIO Dec 30, 2025
Paid on: JIG Dec 18, 2025; PJIO Jan 2, 2026
Frequency: JIG Annual; PJIO Irregular

Distribution history

Per share, 2020 to 2026, same scale for both

JIGAnnual · 7 paymentsAll JIG payments⁠

PJIOIrregular · 2 paymentsAll PJIO payments⁠

JIG vs PJIO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: JIG 14.4%PJIO 18.9%since Jan 2024
Return per unit of riskSharpe ratio, 3 years: JIG 0.88PJIO 0.13since Jan 2024
Worst fallMax drawdown, 5 years: JIG −42.4%PJIO −19.4%since Dec 2023
Market sensitivityBeta, 5 years: JIG 0.98PJIO 1.12; Market = 1

JIG and PJIO in the news

All news⁠

New ETFs
Healthcare is 31% of Invesco's new QQI fund
Oct 5, 2026JIG
New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026PJIO

Popular comparisons

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JIG vs PJIO

In short

Stated mandate

Why people hold it

Worth knowing

How JIG and PJIO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JIG

Only in PJIO

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Healthcare is 31% of Invesco's new QQI fund

PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million

How JIG and PJIO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in JIG

Only in PJIO

Weight gaps