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 3 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.24M | Oct 2023 | MRCP vs PHEQ | |
| iShares 20+ Year Treasury Bond BuyWrite Strategy E... | 0.35% | 1.97B | Jun 2022 | MRCP vs TLTW | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.93M | Jan 2021 | MRCP vs ISWN | |
| iShares Large Cap Moderate Buffer ETF | 0.50% | 166.70M | Jun 2023 | MRCP vs IVVM | |
| iShares Large Cap Deep Buffer ETF | 0.50% | 128.70M | Jun 2023 | MRCP vs IVVB |
Best Risk-Adjusted Alternatives to MRCP
MRCP has a PortfoliosLab risk / return rank of 88. There are 30 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 | 32.67M | Mar 2023 | MRCP vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.32M | May 2020 | MRCP vs APRW | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | 98 | — | Apr 2024 | MRCP vs XAPR | |
| PGIM US Large-Cap Buffer 12 ETF - April | 98 | — | Mar 2024 | MRCP vs APRP |
Top Performing MRCP Alternatives (YTD)
MRCP is at 7.50% YTD. There are 26 ETFs in the Options Trading category with higher YTD returns, going as high as 110.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 110.49% | 367.33M | Sep 2023 | MRCP vs AMDY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 19.07% | 189.73M | Sep 2023 | MRCP vs QQQY | |
| LHA Market State Tactical Q ETF | 17.64% | 32.01M | Mar 2022 | MRCP vs MSTQ | |
| Innovator Uncapped Accelerated U.S. Equity ETF | 13.64% | 49.68M | Aug 2022 | MRCP vs XUSP | |
| YieldMax NVDA Option Income Strategy ETF | 13.06% | 1.45B | May 2023 | MRCP vs NVDY |
Lowest Volatility Alternatives to MRCP
MRCP has 6.23% 1-year volatility. There are 84 ETFs in the Options Trading category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 40 Barrier ETF - April | 0.00% | 19.28M | Mar 2023 | MRCP vs APRQ | |
| Innovator U.S. Equity Accelerated ETF - October | 0.00% | 3.39M | Sep 2021 | MRCP vs XDOC | |
| Innovator Premium Income 9 Buffer ETF - October | 0.00% | 5.96M | Sep 2023 | MRCP vs HOCT | |
| Innovator Premium Income 40 Barrier ETF - July | 0.00% | 6.82M | Jun 2023 | MRCP vs JULQ | |
| Innovator Premium Income 10 Barrier ETF - April | 0.00% | 9.42M | Mar 2023 | MRCP vs APRD |
Lowest Drawdown Alternatives to MRCP
MRCP has a 1-year max drawdown of -4.81%. There are 76 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 30 Barrier ETF - April | -0.20% | 32.67M | Mar 2023 | MRCP vs APRJ | |
| Innovator Premium Income 15 Buffer ETF - April | -0.24% | — | Mar 2024 | MRCP vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 15.66M | Jun 2023 | MRCP vs JULJ | |
| FT Cboe Vest U.S. Equity Enhance & Moderate Buffer... | -0.66% | — | Apr 2024 | MRCP vs XAPR | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.75% | 198.32M | May 2020 | MRCP vs APRW |
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 $16B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.03% | 10.16B | Jul 2023 | MRCP vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 100 | 1.73% | 16.31B | Apr 2018 | MRCP vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 91 | 1.96% | 116.67M | May 2022 | MRCP vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 89 | 1.23% | — | Jul 2023 | MRCP vs PSDM | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 87 | 1.27% | 97.02M | Jun 2024 | MRCP vs PUSH | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 88 | 6.46% | 183.97M | Jun 2024 | MRCP vs BUFP | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 74 | 1.99% | 161.26M | Dec 2023 | MRCP vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 91 | 4.69% | 154.43M | Jun 2024 | MRCP vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 40 | 0.53% | 978.28M | Dec 2021 | MRCP vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 32 | 8.15% | 154.47M | Dec 2022 | MRCP vs PJFG |
Often Compared With MRCP
Investors most often compare MRCP with PBAP, AAPR, DMAR. These 20 comparison targets span 3 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