PGIM S&P 500 Buffer 20 ETF - May (PBMY) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PBMY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PBMY
PBMY charges 0.50% annually. There are 5 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | PBMY vs APRB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | PBMY vs JANB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | PBMY vs JULB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | PBMY vs OCTB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PBMY vs FBUF |
Best Risk-Adjusted Alternatives to PBMY
PBMY has a PortfoliosLab risk / return rank of 94. There are 61 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | PBMY vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | PBMY vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PBMY vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PBMY vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | PBMY vs XBAP |
Top Performing PBMY Alternatives (YTD)
PBMY is at 4.03% YTD. There are 187 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | PBMY vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.34% | — | Jan 2025 | PBMY vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.71% | 214.51M | Mar 2020 | PBMY vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.33% | 568.10M | Mar 2021 | PBMY vs QMAR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.15% | 2.84M | Jun 2025 | PBMY vs QB |
Lowest Volatility Alternatives to PBMY
PBMY has 3.48% 1-year volatility. There are 70 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.16% | — | Mar 2025 | PBMY vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.24% | — | Apr 2025 | PBMY vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | PBMY vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.34% | 19.60M | Apr 2025 | PBMY vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | PBMY vs MMAX |
Lowest Drawdown Alternatives to PBMY
PBMY has a 1-year max drawdown of -1.47%. There are 40 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | PBMY vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | PBMY vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | PBMY vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | PBMY vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | PBMY vs CPSM |
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 $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.53% | 10.35B | Jul 2023 | PBMY vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.13% | 17.62B | Apr 2018 | PBMY vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 93 | 2.81% | 118.91M | May 2022 | PBMY vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 91 | 1.30% | — | Jul 2023 | PBMY vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 87 | 6.76% | 213.82M | Jun 2024 | PBMY vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 92 | 5.10% | 194.07M | Jun 2024 | PBMY vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 92 | 1.60% | 102.00M | Jun 2024 | PBMY vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 79 | 2.28% | 167.88M | Dec 2023 | PBMY vs PSH | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 35 | -0.07% | 1.07B | Dec 2021 | PBMY vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 21 | 4.27% | 148.08M | Dec 2022 | PBMY vs PJFG |
Often Compared With PBMY
Investors most often compare PBMY with PMAU, PMSE, BNO. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare PBMY with Any Fund or Stock
Compare PBMY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PBMY with funds that move differently
PGIM S&P 500 Buffer 20 ETF - May alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PBMY.
Explore PBMY Diversifiers