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PGIM S&P 500 Buffer 12 ETF - July (JULP)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

PGIM S&P 500 Buffer 12 ETF - July (JULP)

ETF · Main listing JULP · Currency in USD · Last updated Apr 3, 2026

JULP is an actively managed ETF by PGIM. JULP launched on May 8, 2024 and has a 0.50% expense ratio.

ETF Info

ISIN
US69420N8415
Issuer
PGIM
Inception Date
May 8, 2024
Category
Defined Outcome
Leveraged
1x (No leverage)
Index Tracked
No Index (Active)
Domicile
United States
Distribution Policy
Accumulating
Asset Class
Alternatives
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart

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PGIM S&P 500 Buffer 12 ETF - July

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in PGIM S&P 500 Buffer 12 ETF - July, 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 S&P 500 Buffer 12 ETF - July (JULP) has returned -0.98% so far this year and 14.41% over the past 12 months.

PGIM S&P 500 Buffer 12 ETF - July

1D
0.09%
1M
-1.41%
YTD
-0.98%
6M
1.11%
1Y
14.41%
3Y*
—
5Y*
—
10Y*
—

Benchmark (S&P 500 Index)

1D
0.11%
1M
-3.43%
YTD
-3.84%
6M
-1.98%
1Y
16.08%
3Y*
16.86%
5Y*
10.37%
10Y*
12.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 8, 2024, JULP's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, your investment would double in approximately 6.8 years.

Historically, 71% of months were positive and 29% were negative. The best month was Jun 2025 with a return of +4.9%, while the worst month was Mar 2025 at -3.7%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.

On a daily basis, JULP closed higher 60% 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 -3.8%.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.81%-0.02%-2.37%0.63%-0.98%
20251.93%-0.53%-3.72%-0.66%4.47%4.94%1.37%1.28%1.88%0.84%0.49%0.88%13.68%
20240.77%1.22%0.86%1.69%1.56%-0.21%3.39%-1.14%8.37%

Benchmark Metrics

PGIM S&P 500 Buffer 12 ETF - July has an annualized alpha of 2.71%, beta of 0.60, and R² of 0.96 versus S&P 500 Index. Calculated based on daily prices since May 09, 2024.

  • This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (63.17%) than losses (47.59%) — typical of diversified or defensive assets.
  • This ETF generated an annualized alpha of 2.71% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • Beta of 0.60 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
2.71%
Beta
0.60
R²
0.96
Upside Capture
63.17%
Downside Capture
47.59%

Expense Ratio

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

Return for Risk

Risk / Return Rank

JULP ranks 71 for risk / return — better than 71% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

JULP Risk / Return Rank: 7171
Overall Rank
JULP Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
JULP Sortino Ratio Rank: 7272
Sortino Ratio Rank
JULP Omega Ratio Rank: 7878
Omega Ratio Rank
JULP Calmar Ratio Rank: 5959
Calmar Ratio Rank
JULP Martin Ratio Rank: 7878
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 S&P 500 Buffer 12 ETF - July (JULP) and compare them to a chosen benchmark (S&P 500 Index).

JULPBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.27

0.88

+0.39

Sortino ratio

Return per unit of downside risk

1.91

1.37

+0.54

Omega ratio

Gain probability vs. loss probability

1.31

1.21

+0.10

Calmar ratio

Return relative to maximum drawdown

1.88

1.39

+0.49

Martin ratio

Return relative to average drawdown

10.35

6.43

+3.92

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Explore JULP risk-adjusted metrics in detail

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

JULP Sortino RatioJULP Sharpe Ratio

Dividends

Dividend History

PGIM S&P 500 Buffer 12 ETF - July 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 S&P 500 Buffer 12 ETF - July. 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 S&P 500 Buffer 12 ETF - July was 12.36%, occurring on Apr 8, 2025. Recovery took 43 trading sessions.

The current PGIM S&P 500 Buffer 12 ETF - July drawdown is 2.17%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-12.36%Feb 20, 202534Apr 8, 202543Jun 10, 202577
-4.87%Jul 17, 202414Aug 5, 202412Aug 21, 202426
-4.47%Feb 26, 202623Mar 30, 2026———
-2.48%Sep 3, 20244Sep 6, 20245Sep 13, 20249
-2.11%Oct 29, 202517Nov 20, 20255Nov 28, 202522

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Portfolio Analyzer

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