- CUSIP
- 69420N510
- Issuer
- PGIM
- Inception Date
- Dec 27, 2024
- Region
- North America (U.S.)
- Category
- Defined Outcome, Nasdaq-100
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $15M
Share Price Chart
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Performance
PBQQ Performance Chart
PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) is up 9.1% since the beginning of the year. PBQQ is currently trading at $31 per share.
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Returns By Period
PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) has returned 9.06% so far this year and 20.59% over the past 12 months.
PGIM Laddered Nasdaq-100 Buffer 12 ETF
- 1D
- 0.51%
- 1M
- 0.88%
- YTD
- 9.06%
- 6M
- 9.35%
- 1Y
- 20.59%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.06%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
PBQQ Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2025, PBQQ's average daily return is +0.07%, while the average monthly return is +1.32%. At this rate, an investment would double in approximately 4.4 years.
Historically, 72% of months were positive and 28% were negative. The best month was Apr 2026 with a return of +8.0%, while the worst month was Mar 2025 at -3.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, PBQQ closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +7.5%, while the worst single day was Apr 4, 2025 at -4.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.67% | -0.52% | -1.90% | 8.01% | 2.94% | -0.16% | 9.06% | ||||||
| 2025 | 1.52% | -0.76% | -3.19% | 0.78% | 5.06% | 3.84% | 1.54% | 0.98% | 2.28% | 1.44% | 0.21% | 0.99% | 15.44% |
Benchmark Metrics
PGIM Laddered Nasdaq-100 Buffer 12 ETF has an annualized alpha of 5.30%, beta of 0.65, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since January 02, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.69%) than losses (32.50%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 5.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.65 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
- 5.30%
- Beta
- 0.65
- R²
- 0.92
- Upside Capture
- 65.69%
- Downside Capture
- 32.50%
Expense Ratio
PBQQ has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PBQQ ranks 89 for risk / return — in the top 89% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Laddered Nasdaq-100 Buffer 12 ETF (PBQQ) 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.
| PBQQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.89 | ||
| Sortino ratioReturn per unit of downside risk | +1.51 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.35 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 4.39 | 2.66 | +1.73 |
| Martin ratioReturn relative to average drawdown | 20.60 | 11.86 | +8.73 |
Dividends
Dividend History
PGIM Laddered Nasdaq-100 Buffer 12 ETF provided a 0.01% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.00 | $0.00 |
Dividend yield | 0.01% | 0.01% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Laddered Nasdaq-100 Buffer 12 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 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Laddered Nasdaq-100 Buffer 12 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 Nasdaq-100 Buffer 12 ETF was 12.92%, occurring on Apr 8, 2025. Recovery took 27 trading sessions.
The current PGIM Laddered Nasdaq-100 Buffer 12 ETF drawdown is 0.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -12.92%Apr 2025 | 1mo 17d | 1mo 8d | 2mo 25dFeb 2025 - May 2025 |
2026 pullback2026 | -4.71%Mar 2026 | 2mo 1d | 10d | 2mo 11dJan 2026 - Apr 2026 |
2025 pullback2025 | -2.79%Nov 2025 | 21d | 12d | 1mo 3dOct 2025 - Dec 2025 |
2026 pullback2026 | -1.92%Jun 2026 | 7d | — | 17d 19hJun 2026 - now |
2025 pullback2025 | -1.48%Oct 2025 | 1d | 10d | 11dOct 2025 - Oct 2025 |
Drawdown Indicators
| PBQQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.92% | -56.78% | +43.86% |
Max Drawdown (1Y)Largest decline over 1 year | -4.71% | -9.10% | +4.39% |
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 | -0.24% | -2.49% | +2.25% |
Average DrawdownAverage peak-to-trough decline | -1.24% | -10.72% | +9.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.03% | -1.03% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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