PGIM US Large-Cap Buffer 12 ETF - March (MRCP) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MRCP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MRCP
MRCP charges 0.50% annually. There are 6 ETFs in the Options Trading category with lower expense ratios, going as low as 0.14%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Tax-Aware Collateral ETF | 0.14% | 1.21B | Apr 2026 | MRCP vs CBOX | |
| Parametric Hedged Equity ETF | 0.29% | 139.40M | Oct 2023 | MRCP vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.87M | Jul 2025 | MRCP vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 296.16M | Nov 2021 | MRCP vs HEQT | |
| Castellan Targeted Income ETF | 0.45% | — | Jun 2025 | MRCP vs CTIF |
Best Risk-Adjusted Alternatives to MRCP
MRCP has a PortfoliosLab risk / return rank of 88. There are 54 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | MRCP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.22M | Mar 2023 | MRCP vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 199.47M | May 2020 | MRCP vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 98 | — | Mar 2024 | MRCP vs PBAP | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | 153.67M | Mar 2023 | MRCP vs XMAR |
Top Performing MRCP Alternatives (YTD)
MRCP is at 8.52% YTD. There are 36 ETFs in the Options Trading category with higher YTD returns, going as high as 90.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 90.29% | 382.78M | Sep 2023 | MRCP vs AMDY | |
| Defiance Oil Enhanced Options Income ETF | 44.25% | 64.41M | May 2024 | MRCP vs USOY | |
| Defiance R2000 Weekly Distribution ETF | 15.27% | 95.57M | Oct 2023 | MRCP vs IWMY | |
| Simplify Piper Sandler US Small-Cap PLUS Income ET... | 15.04% | 6.72M | Apr 2025 | MRCP vs LITL | |
| Horizon Dividend Income ETF | 14.73% | — | Jun 2025 | MRCP vs DIVN |
Lowest Volatility Alternatives to MRCP
MRCP has 7.38% 1-year volatility. There are 83 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.30% | — | Mar 2024 | MRCP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 1.57% | 32.22M | Mar 2023 | MRCP vs APRJ | |
| Alpha Architect Tail Risk ETF | 1.57% | 709.87M | Aug 2013 | MRCP vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - July | 1.68% | 13.68M | Jun 2023 | MRCP vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.06% | — | Mar 2024 | MRCP vs XIMR |
Lowest Drawdown Alternatives to MRCP
MRCP has a 1-year max drawdown of -4.81%. There are 75 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | MRCP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.22M | Mar 2023 | MRCP vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.68M | Jun 2023 | MRCP vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 709.87M | Aug 2013 | MRCP vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 199.47M | May 2020 | MRCP vs APRW |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PFRL and span 8 categories. AUM among these funds goes as high as $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.76% | 11.25B | Jul 2023 | MRCP vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.40% | 18.30B | Apr 2018 | MRCP vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 94 | 3.01% | 121.63M | May 2022 | MRCP vs PFRL | |
| PGIM Active High Yield Bond ETF | High Yield Bonds | 65 | 1.74% | 1.39B | Sep 2018 | MRCP vs PHYL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 90 | 1.61% | — | Jul 2023 | MRCP vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 90 | 7.65% | 223.70M | Jun 2024 | MRCP vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 93 | 5.89% | 203.06M | Jun 2024 | MRCP vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 90 | 1.58% | 106.99M | Jun 2024 | MRCP vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 80 | 2.46% | 173.89M | Dec 2023 | MRCP vs PSH | |
| PGIM S&P 500 Max Buffer ETF - April | Defined Outcome | 99 | 4.00% | — | Mar 2025 | MRCP vs PMAP |
Often Compared With MRCP
Investors most often compare MRCP with AAPR, IVVM, DMAR. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MRCP with Any Fund or Stock
Compare MRCP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MRCP with funds that move differently
PGIM US Large-Cap Buffer 12 ETF - March alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MRCP.
Explore MRCP Diversifiers