PGIM S&P 500 Buffer 12 ETF - August (AUGP) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with AUGP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AUGP
AUGP charges 0.50% annually. There are 5 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | AUGP vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | AUGP vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | AUGP vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | AUGP vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | AUGP vs FBUF |
Best Risk-Adjusted Alternatives to AUGP
AUGP has a PortfoliosLab risk / return rank of 87. There are 92 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | AUGP vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | AUGP vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | AUGP vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | AUGP vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | AUGP vs XBAP |
Top Performing AUGP Alternatives (YTD)
AUGP is at 5.54% YTD. There are 103 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | AUGP vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.02% | — | Jan 2025 | AUGP vs KFEB | |
| FT Vest Emerging Markets Buffer ETF - March | 12.46% | — | Mar 2025 | AUGP vs TMAR | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.34% | 216.78M | Mar 2020 | AUGP vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.40% | 563.55M | Mar 2021 | AUGP vs QMAR |
Lowest Volatility Alternatives to AUGP
AUGP has 6.77% 1-year volatility. There are 166 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | AUGP vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | AUGP vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | AUGP vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | AUGP vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | AUGP vs MMAX |
Lowest Drawdown Alternatives to AUGP
AUGP has a 1-year max drawdown of -4.93%. There are 146 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | AUGP vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | AUGP vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | AUGP vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | AUGP vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | AUGP vs CPSM |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PFRL and span 10 categories. AUM among these funds goes as high as $17B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.22% | 10.61B | Jul 2023 | AUGP vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 1.96% | 17.34B | Apr 2018 | AUGP vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 92 | 2.37% | 116.68M | May 2022 | AUGP vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 88 | 1.23% | — | Jul 2023 | AUGP vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 84 | 5.60% | 183.97M | Jun 2024 | AUGP vs BUFP | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 88 | 1.46% | 98.37M | Jun 2024 | AUGP vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 75 | 2.30% | 160.90M | Dec 2023 | AUGP vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 89 | 4.21% | 154.43M | Jun 2024 | AUGP vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 35 | 0.58% | 1.05B | Dec 2021 | AUGP vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 20 | 1.35% | 150.02M | Dec 2022 | AUGP vs PJFG |
Often Compared With AUGP
Investors most often compare AUGP with IBIC, PQAP, PMJA. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare AUGP with Any Fund or Stock
Compare AUGP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AUGP with funds that move differently
PGIM S&P 500 Buffer 12 ETF - August alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AUGP.
Explore AUGP Diversifiers