PGIM US Large-Cap Buffer 20 ETF - January (PBJA) Sharpe Ratio: 2.88

PBJA's Sharpe Ratio of 2.88 indicates that for each unit of volatility, it generates 2.88 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

PBJA Sharpe Ratio Rank

Exceptional

PBJA ranks above 85.6% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Suitable as a core holding given strong risk-adjusted returns
Monitor rank changes to detect deteriorating return-to-volatility profile
Exceptional Sharpe ratio supports larger position sizes
Compare with category peers to assess whether strength is investment-specific or category-wide

PBJA Sharpe Ratio Market Positioning

The chart shows PBJA's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 0.90 or lower
Yellow zone (middle 50%): 0.90 to 2.51
Green zone (top 25%): 2.51 or higher
Top 1%: 7.87+
Median: 1.77 — half of all investments score higher

How it compares to other similar ETFs

The table compares PGIM US Large-Cap Buffer 20 ETF - January's Sharpe Ratio with other ETFs in the Options Trading category across multiple time periods, showing how PBJA's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

Symbol	Name	1Y Sharpe Ratio
LAPR	Innovator Premium Income 15 Buffer ETF - April	5.70
APRW	AllianzIM U.S. Large Cap Buffer20 Apr ETF	4.91
APRJ	Innovator Premium Income 30 Barrier ETF - April	4.79
AMDY	YieldMax AMD Option Income Strategy ETF	4.42
XAPR	FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - April	4.42
PBAP	PGIM US Large-Cap Buffer 20 ETF - April	4.41
XMAR	FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - March	4.40
XIMR	FT Vest U.S. Equity Buffer & Premium Income ETF - March	4.36
QCAP	FT Vest NASDAQ-100 Conservative Buffer ETF - April	4.33
AAPR	Innovator Equity Defined Protection ETF - 2 Yr To April 2026	4.33
PBJA	PGIM US Large-Cap Buffer 20 ETF - January	2.88

Benchmark Against

Benchmark

S&P 500 Index

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Historical Sharpe Ratio

The chart shows PBJA's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when PBJA consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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