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PGIM US Large-Cap Buffer 12 ETF - April (APRP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
PGIM
Inception Date
Mar 28, 2024
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Distribution Policy
Accumulating
Asset Class
Alternatives
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PGIM US Large-Cap Buffer 12 ETF - April, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

PGIM US Large-Cap Buffer 12 ETF - April (APRP) has returned 1.89% so far this year and 13.80% over the past 12 months.


PGIM US Large-Cap Buffer 12 ETF - April

1D
1.32%
1M
0.92%
YTD
1.89%
6M
4.25%
1Y
13.80%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Apr 1, 2024, APRP's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, your investment would double in approximately 7.1 years.

Historically, 75% of months were positive and 25% were negative. The best month was May 2025 with a return of +3.5%, while the worst month was Mar 2025 at -5.1%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 3 months.

On a daily basis, APRP closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +5.9%, while the worst single day was Apr 4, 2025 at -4.0%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.52%0.44%0.92%1.89%
20252.05%-0.37%-5.06%-0.44%3.53%2.57%1.07%1.08%1.07%0.65%0.60%1.05%7.80%
2024-2.00%3.08%2.60%1.19%1.41%1.37%-0.10%3.46%-1.03%10.28%

Benchmark Metrics

PGIM US Large-Cap Buffer 12 ETF - April has an annualized alpha of 3.16%, beta of 0.57, and R² of 0.90 versus S&P 500 Index. Calculated based on daily prices since April 02, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (55.01%) than losses (34.19%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 3.16% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.57 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
3.16%
Beta
0.57
0.90
Upside Capture
55.01%
Downside Capture
34.19%

Expense Ratio

APRP has an expense ratio of 0.50%, placing it in the medium range.


Return for Risk

Risk / Return Rank

APRP ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


APRP Risk / Return Rank: 8181
Overall Rank
APRP Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
APRP Sortino Ratio Rank: 7979
Sortino Ratio Rank
APRP Omega Ratio Rank: 9494
Omega Ratio Rank
APRP Calmar Ratio Rank: 6767
Calmar Ratio Rank
APRP Martin Ratio Rank: 8989
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for PGIM US Large-Cap Buffer 12 ETF - April (APRP) and compare them to a chosen benchmark (S&P 500 Index).


APRPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.39

0.90

+0.50

Sortino ratio

Return per unit of downside risk

2.10

1.39

+0.71

Omega ratio

Gain probability vs. loss probability

1.45

1.21

+0.24

Calmar ratio

Return relative to maximum drawdown

1.75

1.40

+0.35

Martin ratio

Return relative to average drawdown

11.80

6.61

+5.20

Explore APRP risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History


PGIM US Large-Cap Buffer 12 ETF - April doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the PGIM US Large-Cap Buffer 12 ETF - April. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the PGIM US Large-Cap Buffer 12 ETF - April was 13.66%, occurring on Apr 8, 2025. Recovery took 75 trading sessions.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-13.66%Feb 20, 202534Apr 8, 202575Jul 28, 2025109
-5.19%Jul 17, 202414Aug 5, 202412Aug 21, 202426
-3.26%Apr 2, 202414Apr 19, 202415May 10, 202429
-2.7%Sep 3, 20244Sep 6, 20246Sep 16, 202410
-2%Dec 12, 202419Jan 10, 20255Jan 17, 202524

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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