- Issuer
- PGIM
- Inception Date
- Jun 11, 2024
- Category
- Defined Outcome, S&P 500
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
- Assets Under Management
- $203M
Highlights
- Avg. Volume (1M)
- 37K
- Avg. Volume Value (1M)
- $1.15M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PBFR Performance Chart
PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) is up 5.4% since the beginning of the year. PBFR is currently trading at $31 per share.
Loading charts...
Compare this symbol against anything
Returns By Period
PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) has returned 5.36% so far this year and 10.83% over the past 12 months.
PGIM Laddered S&P 500 Buffer 20 ETF
- 1D
- 0.18%
- 1M
- 0.51%
- 6M
- 4.75%
- YTD
- 5.36%
- 1Y
- 10.83%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 10.12%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PBFR Monthly Returns History
Based on dividend-adjusted daily data since Jun 13, 2024, PBFR's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, an investment would double in approximately 7.2 years.
Historically, 81% of months were positive and 19% were negative. The best month was Apr 2026 with a return of +3.8%, while the worst month was Mar 2025 at -2.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PBFR closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +4.4%, while the worst single day was Apr 4, 2025 at -3.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.58% | 0.14% | -1.46% | 3.83% | 1.43% | 0.33% | 0.47% | 5.36% | |||||
| 2025 | 1.36% | -0.36% | -2.13% | -0.19% | 3.16% | 2.63% | 0.99% | 1.15% | 1.28% | 0.74% | 0.47% | 0.98% | 10.44% |
| 2024 | 0.62% | 0.62% | 1.47% | 0.79% | 0.62% | 1.59% | -0.29% | 5.53% |
Benchmark Metrics
PGIM Laddered S&P 500 Buffer 20 ETF has an annualized alpha of 3.54%, beta of 0.39, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since June 13, 2024.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (39.10%) than losses (11.27%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.54% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.39 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
- 3.54%
- Beta
- 0.39
- R²
- 0.88
- Upside Capture
- 39.10%
- Downside Capture
- 11.27%
Expense Ratio
PBFR has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PBFR ranks 92 for risk / return — above 92% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PBFR | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.93 | ||
| Sortino ratioReturn per unit of downside risk | +1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.25 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | 2.00 | +1.67 |
| Martin ratioReturn relative to average drawdown | 18.68 | 8.49 | +10.19 |
Dividends
Dividend History
PGIM Laddered S&P 500 Buffer 20 ETF provided a 0.01% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 |
Dividend yield | 0.01% | 0.01% | 0.01% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Laddered S&P 500 Buffer 20 ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Laddered S&P 500 Buffer 20 ETF. 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 Laddered S&P 500 Buffer 20 ETF was 8.50%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
The current PGIM Laddered S&P 500 Buffer 20 ETF drawdown is 0.05%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-8.50%Apr 2025 | 1mo 19d | 1mo 8d | 2mo 27dFeb 2025 - May 2025 | 2025 selloff2025 |
-2.84%Aug 2024 | 20d | 10d | 1moJul 2024 - Aug 2024 | — |
-2.82%Mar 2026 | 28d | 12d | 1mo 10dFeb 2026 - Apr 2026 | — |
-1.64%Sep 2024 | 3d | 10d | 13dSep 2024 - Sep 2024 | — |
-1.62%Nov 2025 | 23d | 12d | 1mo 5dOct 2025 - Dec 2025 | — |
Drawdown Indicators
| PBFR | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.50% | -56.78% | +48.28% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -9.10% | +6.28% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.05% | -1.58% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -0.61% | -10.70% | +10.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 2.14% | -1.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PBFR
Add PGIM Laddered S&P 500 Buffer 20 ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PBFR