- ISIN
- US69344A8595
- Issuer
- PGIM
- Inception Date
- Dec 12, 2022
- Category
- Diversified Portfolio
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
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
PBL Performance Chart
PGIM Portfolio Ballast ETF (PBL) is up 7.2% since the beginning of the year. PBL is currently trading at $33 per share.
Loading charts...
Returns By Period
PGIM Portfolio Ballast ETF (PBL) has returned 7.15% so far this year and 18.53% over the past 12 months.
PGIM Portfolio Ballast ETF
- 1D
- -0.17%
- 1M
- 0.73%
- YTD
- 7.15%
- 6M
- 6.87%
- 1Y
- 18.53%
- 3Y*
- 14.40%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PBL Monthly Returns History
Based on dividend-adjusted daily data since Dec 14, 2022, PBL's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2026 with a return of +6.9%, while the worst month was Dec 2022 at -4.0%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PBL closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +5.1%, while the worst single day was Apr 4, 2025 at -3.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.91% | -0.58% | -3.30% | 6.93% | 4.08% | -0.77% | 7.15% | ||||||
| 2025 | 2.07% | -0.72% | -3.72% | -0.16% | 3.76% | 3.11% | 1.75% | 0.98% | 3.03% | 1.90% | -0.05% | -0.01% | 12.35% |
| 2024 | 0.97% | 3.40% | 2.65% | -3.49% | 3.51% | 3.16% | 0.93% | 1.65% | 1.90% | -1.18% | 4.95% | -2.53% | 16.70% |
| 2023 | 2.93% | -1.38% | 1.96% | 0.99% | 0.20% | 3.87% | 2.59% | -1.63% | -3.53% | -1.86% | 6.08% | 3.66% | 14.28% |
| 2022 | -4.02% | -4.02% |
Benchmark Metrics
PGIM Portfolio Ballast ETF has an annualized alpha of 1.00%, beta of 0.63, and R2 of 0.91 versus S&P 500 Index. Calculated based on daily prices since December 14, 2022.
- This ETF participated in 76.78% of S&P 500 Index downside but only 66.73% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 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
- 1.00%
- Beta
- 0.63
- R²
- 0.91
- Upside Capture
- 66.73%
- Downside Capture
- 76.78%
Expense Ratio
PBL has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PBL ranks 64 for risk / return — better than 64% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Portfolio Ballast ETF (PBL) 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.
| PBL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 2.78 | +0.42 |
| Martin ratioReturn relative to average drawdown | 12.53 | 12.44 | +0.10 |
Dividends
Dividend History
PGIM Portfolio Ballast ETF provided a 2.07% dividend yield over the last twelve months, with an annual payout of $0.68 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $0.68 | $0.68 | $1.94 | $2.04 | $0.04 |
Dividend yield | 2.07% | 2.21% | 6.89% | 7.92% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Portfolio Ballast 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 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.94 | $1.94 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 | $2.04 |
| 2022 | $0.04 | $0.04 |
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 Portfolio Ballast 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 Portfolio Ballast ETF was 11.69%, occurring on Apr 8, 2025. Recovery took 54 trading sessions.
The current PGIM Portfolio Ballast ETF drawdown is 0.90%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -11.69%Apr 2025 | 4mo | 2mo 19d | 6mo 19dDec 2024 - Jun 2025 |
2023 pullback2023 | -7.88%Oct 2023 | 2mo 26d | 1mo 16d | 4mo 12dAug 2023 - Dec 2023 |
2026 pullback2026 | -5.82%Mar 2026 | 2mo | 16d | 2mo 16dJan 2026 - Apr 2026 |
2024 pullback2024 | -5.70%Aug 2024 | 19d | 1mo 15d | 2mo 4dJul 2024 - Sep 2024 |
2023 pullback2023 | -4.95%Mar 2023 | 1mo 5d | 2mo 13d | 3mo 18dFeb 2023 - May 2023 |
Drawdown Indicators
| PBL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.69% | -56.78% | +45.09% |
Max Drawdown (1Y)Largest decline over 1 year | -5.82% | -9.10% | +3.28% |
Max Drawdown (3Y)Largest decline over 3 years | -11.69% | -18.90% | +7.21% |
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 | -0.90% | -1.80% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -1.66% | -10.71% | +9.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 2.03% | -0.55% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PBL
Add PGIM Portfolio Ballast 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 PBL