PGJAX vs RXI Fund Comparison

A comparison between PGJAX and RXI based on their expense ratio, growth, holdings and how well they match their benchmark performance.

GroupCreated with Sketch.

Minafi's Take on PGJAX vs RXI

Here's an in depth look at the differences between PGIM Jennison Global Infrastructure Fund- Class A($PGJAX) and iShares Global Consumer Discretionary ETF($RXI).

To start off, here's a look at the basics of each fund. Keep an eye on the FI Score. That's a custom score from 0 to 100 that we generate based on how good this fund is for the casual investor. Most investors only need a handful of total funds in their portfolio. The higher the score, the more likely this is one of those few. Score alone isn't enough! Keep reading on to see how different (or perhaps similar) these two funds are.

  • pgjax
  • Mutual Fund
  • Allocation
  • Global Equity

PGIM Jennison Global Infrastructure Fund- Class A

Expenses: 1.50% (Better than 0% of similar funds)

This is a bad choice for a Global Equity Allocation fund. See why »

  • rxi
  • ETF
  • Sector Equity
  • Consumer Cyclicals

iShares Global Consumer Discretionary ETF

Expenses: 0.46% (Better than 1% of similar funds)

This is an OK choice for a Consumer Cyclicals Sector Equity fund. See why »

$PGJAX is classified as a Mutual Fund while $RXI is classified as an ETF. Even though one of these is a mutual fund and the other is an ETF, that doesn't matter too much for their holdings. Both ETFs and mutual funds are just containers to hold lots of investments inside of them.

The biggest differences between these two is where they may be offered. ETFs are more widely availble from a larger number of investment apps and websites. Mutual funds, on the other hand, are generally offered by the platform they're issued by (Fidelity funds on Fidelity, Vanguard funds on Vanguard). Usually 401(k)'s will offer both ETFs and Mutual Funds. If you're investing outside of a 401(k), I'd recommend you verify the fees associated with ETF and mutual fund transactions. Some platforms charge an additional fee to purchase a mutual fund.

To learn more about the difference between these two, you can read about the difference between ETFs and Mutual Funds.

When evaluating a fund, the first things I look at are:

  • What it invests in
  • How much it charges in fees
  • How large the fund is

Let's look into these criteria one by one and see if either of these funds stands out.

Fund Holdings Comparison

Minafi's FI Score algorithm takes into account the category and market. The more niche a fund is, the lower the score. This doesn't mean it's a worse fund, but it does mean you should stop and make sure this a fund you need to diversify your portfolio.

PGJAXRXI
Market Score 1.0 /10 6.2 /10
Category Score 5.0 /10 0.0 /10
Total6.06.2

A score of 10 means this is a solid market and category that almost every investor will want to have investments in. The lower the score, the more specific the investment. These scores are based on when most investors would add these funds to their portfolio. A score of 10 means that this fund (or one like it) belongs in a three-fund portfolio. The lower the score, the farther down in your portfolio a fund would go.

Winner: $RXI

Fee Comparison

Fees are one of the biggest killers of portfolio growth. The difference between a 2% fee and a 0.04% fee over 30 years can result in your portfolio having half the total value!

If you're just getting started investing and learning how fees impact your portfolio, I'd encourage you to read through my free investment course (specifically '2.2 - All About Fees') where I go over all the different types of fees you can be charged and how to lower them.

For these two funds, PGJAX has an expense ratio of 1.50% while RXI has an expense ratio of 0.46%.

Winner: $RXI

Fund Size Comparison

One place these two funds differ is in their total assets under management. This is a good indication of how many other investors trust this fund. A large fund by itself doesn't mean it's a good fund, but it is one thing to consider when figuring out how to choose the right fund.

In the case of these two funds, PGJAX is a small fund with 35 Million in assets under management. RXI, on the other hand, is a medium fund with 174 Million in assets under management.

Winner: $RXI, iShares Global Consumer Discretionary ETF

Which Should You Choose? PGJAX or RXI?

Comparing these two funds isn't an apples to apples comparison. PGJAX is a AllocationGlobal Equity fund, while RXI is a Sector EquityConsumer Cyclicals fund.

If you're aiming to build a diversified, low-fee, tax-optimized portfolio you likely won't be choosing between these two funds since they're different enough.

Running both of these funds through Minafi's FI Score algorithm, gives PGJAX a score of 15 and RXI a score of 51.

Winner: Neither, I'd research more funds if you're looking to invest for retirement.

$PGJAX

PGIM Jennison Global Infrastructure Fund- Class A

15

Read More
Ratings
Rating TypeRating
Expense Ratio Score2/10
Expense Rating0/10
Market Score1/10
Category Score5/10
Overview
OverviewDetails
Fund TypeMutual Fund
Inception DateSep-25-2013
ExchangeNMFQS
Expense Ratio1.500%
Net Assets35 Million
Yield1.18%
Holdings
DescriptionInfo
MarketAllocation
CategoryGlobal Equity
Sectors
  • Basic Materials 0.00%
  • Communication Services 5.33%
  • Consumer Cyclical 0.00%
  • Consumer Defensive 0.00%
  • Energy 9.85%
  • Financial Services 0.00%
  • Healthcare 0.00%
  • Industrials 25.22%
  • Real Estate 9.85%
  • Technology 0.00%
  • Utilities 49.74%
Regions
  • Asia Emerging 1.56%
  • Australasia 8.69%
  • Europe Developed 27.27%
  • Latin America 1.03%
  • North America 58.72%
  • United Kingdom 2.73%

$RXI

iShares Global Consumer Discretionary ETF

51

Read More
Ratings
Rating TypeRating
Diversification Score5/10
Expense Ratio Score6/10
Expense Rating5/10
Market Score6/10
Category Score0/10
Overview
OverviewDetails
Fund TypeETF
Inception DateSep-12-2006
ExchangeNYSE ARCA
Expense Ratio0.460%
Net Assets174 Million
Yield1.61%
Holdings
DescriptionInfo
MarketSector Equity
CategoryConsumer Cyclicals
Sectors
  • Basic Materials 0.00%
  • Communication Services 1.74%
  • Consumer Cyclicals 88.53%
  • Consumer Defensive 4.92%
  • Energy 0.00%
  • Financial Services 0.00%
  • Healthcare 1.04%
  • Industrials 0.17%
  • Real Estate 0.00%
  • Technology 3.61%
  • Utilities 0.00%
Regions
  • Asia Developed 1.19%
  • Asia Emerging 2.14%
  • Australasia 1.43%
  • Europe Developed 17.56%
  • Japan 17.11%
  • Latin America 0.12%
  • North America 56.32%
  • United Kingdom 4.15%

Adam says: Learn how to confidently invest for retirement!

Join the Minafi Investor Bootcamp to see how.

This 10-course bootcamp starts at only $10 for everything!

Minafi use cookies & emails to ensure the best experience possible. Check out our privacy policy for more.

Minafi - The intersection of FI, minimalism & mindfulness.

Don't miss out on new posts, courses, interactive articles and more!

Join & Get Your First Course Free

© 2024   Adam Fortuna

Site Map
Triangle Graduation Cap Angle Down Book regular Phone laptop regular fire regular fire regular search regular Acorn duotone Seedling duotone thumbs down duo