PJIN vs PJIO: Grades, Fees and Holdings Compared

PGIM Jennison International Core Equity ETF

PJIN—NYSE Arca

PGIM Jennison International Opportunities ETF

PJIOFNYSE Arca

Overlap

20.2%by weight

Expense ratio

PJIN −0.31pt a year

PJIN0.23%PJIO0.54%

Avg volume · 30D

PJIO 112.3×the volume

PJIN109PJIO12.2K

PJIN vs PJIO Performance

Sep 30, 2026 – Oct 30, 2026

−1.5%PJIN−8.2%PJIO

Expense ratio: PJIN 0.23%, better; PJIO 0.54%
Fund size: PJIN $5M; PJIO $59M
1Y total return: PJIN No data; PJIO −9.6%
Yield (12M): PJIN No data; PJIO 0.20%
Holdings: PJIN 117; PJIO 37
Avg volume (30D): PJIN 109 sh; PJIO 12.2K sh, better
NAV per share: PJIN $48.78; PJIO $59.67
52W range

ETF.net Grade

—PJINNot yet graded

Pillar letters and Scores for PJIN, PJIO, with each pillar’s weight
Pillar	PJIN	PJIO
Cost30% weight	Not scored	A76
Mission25% weight	Not scored	Not scored
Risk15% weight	Not scored	F23
Tradability15% weight	Not scored	B55
Holdings10% weight	Not scored	D30
Durability5% weight	Not scored	B58

Rank among International Active Growth funds

How we build Categories ›

International Active Growth⁠

Category · 14 funds

See all 14 ›

PJIO ranks 5th of 14 funds in the International Active Growth Category.

Rank 5BFFDIFidelity Fundamental Developed International ETFScore 53
Rank 5FPJIOPGIM Jennison International Opportunities ETFScore 53
Rank 8CLOEVHarding Loevner International Developed Markets Select Equity ETFScore 45
PJINNot yet graded

Our read on each fund

ETF.net Research

PJIN—PGIM Jennison International Core Equity ETF

PJIOFPGIM Jennison International Opportunities ETF

In short

PJIN No data

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

PJIN No data

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

PJIN No data

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

PJIN No data

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 PJIN profile⁠

Full PJIO profile⁠

PJIN vs PJIO Holdings

How PJIN and PJIO differ

Overlap by weight

20.2%

Shared holdings make up 75.1% of PJIO and 20.3% of PJIN.

Level by level

Holdings18 in both20.2%
Sector10 Sectors57.8%
Countryby domicile61.2%
Asset classEquity100%

Sector

Sector weights in PJIN and PJIO, widest gap first
Sector	More in PJINMore in PJIO	PJIN	PJIO
Technology	PJIO +30.8 points	10.6%	41.4%
Financials	PJIN +22.3 points	25.0%	2.7%
Industrials	PJIO +9.1 points	17.3%	26.4%
Energy	PJIN +7.9 points	7.9%	0.0%
Utilities	PJIN +4.4 points	4.4%	0.0%
Materials	PJIN +3.9 points	3.9%	0.0%
Health Care	PJIN +2.0 points	10.7%	8.7%
Consumer Discretionary	PJIO +1.7 points	10.1%	11.8%
Consumer Staples	PJIN +1.7 points	4.7%	3.0%
Communication	PJIO +0.7 points	5.4%	6.1%

Country, concentration and asset class

Country by domicile

Country weights in PJIN and PJIO, widest gap first
Country	More in PJINMore in PJIO	PJIN	PJIO
Taiwan	PJIO +15.9 points	1.9%	17.8%
Japan	PJIN +11.3 points	19.1%	7.8%
United States	PJIO +6.9 points	3.3%	10.2%
United Kingdom	PJIN +5.5 points	16.1%	10.6%
Netherlands	PJIO +5.3 points	5.8%	11.1%
France	PJIN +5.1 points	13.1%	8.0%
Germany	PJIN +3.3 points	6.1%	2.8%
South Korea	PJIO +3.2 points	1.1%	4.3%
Other countries (14)	PJIN +6.2 points	33.4%	27.2%

Outside the US: PJIN 95% developed, 5% emerging. PJIO 72% developed, 28% emerging.

Concentration

Weight in the 10 largest Holdings

PJIN27.2%
PJIO52.6%

Securities held

PJIN111
PJIO26

Asset class

PJIN: Equity
PJIO: Equity

Holdings

Only in PJIN93
In both18
Only in PJIO8

Only in PJIN

93 securities, 80.3% of PJIN by weight

Shell PLC3.92%
Roche Holding AG3.39%
Axa SA2.81%
Totalenergies SE2.74%
Nestle SA2.55%
Zurich Insurance Group AG2.40%
Astrazeneca PLC1.80%
Hsbc Holdings PLC1.75%
Fuji Electric Co Ltd1.56%
Unilever PLC1.36%
Mitsubishi Ufj Financial Group Inc1.32%
Banco Santander SA1.19%
Elbit Systems Ltd1.19%
Allianz SE1.12%
Banco Bilbao Vizcaya Argentaria SA1.11%
Siemens Energy AG1.11%
Toyota Motor Corp1.10%
Compass Group PLC1.04%
Spotify Technology SA1.04%
Airbus SE1.03%
Enel Spa1.02%
Unicredit Spa1.01%
Recruit Holdings Co Ltd1.00%
E.on SE0.98%
Rwe AG0.96%
Sanofi SA0.94%
Sony Group Corp0.93%
Intesa Sanpaolo Spa0.93%
Sumitomo Mitsui Financial Group Inc0.93%
Ing Groep NV0.92%
Ubs Group AG0.91%
Bnp Paribas SA0.90%
Rio Tinto PLC0.90%
Orange SA0.88%
Transurban Group0.87%
Hitachi Ltd0.87%
Canadian National Railway Co0.87%
Aena Sme SA0.85%
Cie Generale Des Etablissements Michelin Sca0.84%
Moncler Spa0.84%
National Grid PLC0.83%
Deutsche Bank AG0.81%
Endeavour Mining PLC0.80%
Dbs Group Holdings Ltd0.80%
Glencore PLC0.79%
Mizuho Financial Group Inc0.78%
Fresnillo PLC0.76%
Vinci SA0.75%
Sse PLC0.72%
Mitsubishi Corp0.68%

Only in PJIO

8 securities, 24.9% of PJIO by weight

Asm International NV3.37%
Intercontinental Hotels Group PLC3.35%
Liberty Media Corp3.34%
Saab Ab3.25%
Brunello Cucinelli Spa3.01%
Embraer SA3.01%
Elite Material Co Ltd2.87%
Delta Electronics Inc2.74%

Weight gaps

All 18 Holdings in both funds, largest gap first.

Holding weights in PJIN and PJIO, widest gap first
Holding	More in PJINMore in PJIO	PJIN	PJIO
Taiwan Semiconductor Manufacturing Co LtdTSM	PJIO +9.32 points	1.92%	11.24%
Rolls-Royce Holdings PLCRR.L	PJIO +4.11 points	0.39%	4.50%
Galderma Group AG	PJIO +4.08 points	0.90%	4.98%
Asml Holding NVASML	PJIO +3.72 points	3.81%	7.53%
Advantest Corp	PJIO +3.51 points	0.68%	4.19%
Samsung Electronics Co Ltd	PJIO +3.20 points	1.05%	4.25%
Safran SA	PJIO +3.10 points	1.28%	4.38%
Argenx SEARGX	PJIO +3.07 points	1.44%	4.51%
Shopify Inc	PJIO +2.96 points	0.49%	3.45%
L'oreal SA	PJIO +2.84 points	0.67%	3.51%
Abb Ltd	PJIO +2.67 points	0.88%	3.55%
Sartorius AG	PJIO +2.48 points	0.32%	2.80%
Fujikura Ltd	PJIO +2.41 points	0.39%	2.80%
Standard Chartered PLCSTAN.L	PJIO +1.95 points	0.64%	2.59%
Nebius Group NVNBIS	PJIO +1.91 points	0.30%	2.21%
Industria De Diseno Textil SA	PJIO +1.26 points	1.92%	3.18%
Cie Financiere Richemont SA	PJIO +0.51 points	1.75%	2.26%
Net Current Assets	Same weight	<0.01%	<0.01%

All 121 PJIN 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.

PJIN vs PJIO Cost

Overpaying PJIO vs PJIN

$5,961

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

PJIN 0.23%
$4,759
PJIO 0.54%
$10,720

Amount$10,000

Years30 years

Cost over time

PJIN 0.23%
PJIO 0.54%
Overpaying

Year by year

Year	PJIN	PJIO	Overpaying
10	$419	$971	$552
20	$1,630	$3,724	$2,094
30	$4,759	$10,720	$5,961

Expense ratio

0.23%PJIN, cheaper
0.54%PJIO

PJIN0.23%PJIO0.54%

0.23%0.72%

Middle half of International Active Growth funds
Median 0.55%

PJIN cheapest of 14 funds

PJIO 3rd cheapest of 14 funds

PJIN vs PJIO Dividends

Last 12 months to Oct 30, 2026

Yield (12M): PJIN No data; PJIO 0.20%
Payout (12M): PJIN None; PJIO $0.12
Last payment: PJIN No data; PJIO $0.12
Ex-dividend: PJIN No data; PJIO Dec 30, 2025
Paid on: PJIN No data; PJIO Jan 2, 2026
Frequency: PJIN No data; PJIO Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

PJINAll PJIN payments⁠

No distribution history available.

PJIOIrregular · 2 paymentsAll PJIO payments⁠

PJIN vs PJIO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: PJIN No dataPJIO 18.9%since Jan 2024
Return per unit of riskSharpe ratio, 3 years: PJIN No dataPJIO 0.13since Jan 2024
Worst fallMax drawdown, 5 years: PJIN No dataPJIO −19.4%since Dec 2023
Market sensitivityBeta, 5 years: PJIN 0.00PJIO 1.12; Market = 1

PJIN and PJIO in the news

All news⁠

New ETFs
PGIM lists two more Jennison core ETFs after a May launch that still holds $7 million
Sep 8, 2026PJINPJIO

Popular comparisons

PJIN—vsCGXUB
PGIM Jennison International Core Equity ETF · Capital Group International Focus Equity ETF
Expense ratio
0.23% · 0.54%
Category
PJIOFvsCGXUB
PGIM Jennison International Opportunities ETF · Capital Group International Focus Equity ETF
Expense ratio
0.54% · 0.54%
Category
PJIN—vsFFGXB
PGIM Jennison International Core Equity ETF · Fidelity Fundamental Global ex-U.S. ETF
Expense ratio
0.23% · 0.55%
Category
PJIOFvsFFGXB
PGIM Jennison International Opportunities ETF · Fidelity Fundamental Global ex-U.S. ETF
Expense ratio
0.54% · 0.55%
Category
PJIN—vsJIGB
PGIM Jennison International Core Equity ETF · JPMorgan International Growth ETF
Expense ratio
0.23% · 0.55%
Category
PJIOFvsJIGB
PGIM Jennison International Opportunities ETF · JPMorgan International Growth ETF
Expense ratio
0.54% · 0.55%
Category

PJIN vs PJIO

In short

Stated mandate

Why people hold it

Worth knowing

How PJIN and PJIO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in PJIN

Only in PJIO

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

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

How PJIN and PJIO differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in PJIN

Only in PJIO

Weight gaps