- Issuer
- PGIM
- Inception Date
- Dec 14, 2023
- Category
- Global Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $12M
Share Price Chart
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Performance
PJBF Performance Chart
PGIM Jennison Better Future ETF (PJBF) is up 7.3% since the beginning of the year. PJBF is currently trading at $68 per share.
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Returns By Period
PGIM Jennison Better Future ETF (PJBF) has returned 7.30% so far this year and 12.05% over the past 12 months.
PGIM Jennison Better Future ETF
- 1D
- 0.08%
- 1M
- 0.38%
- 6M
- 5.52%
- YTD
- 7.30%
- 1Y
- 12.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.79%
- 1M
- 1.13%
- 6M
- 7.71%
- YTD
- 9.79%
- 1Y
- 20.06%
- 3Y*
- 18.60%
- 5Y*
- 11.43%
- 10Y*
- 13.27%
PJBF Monthly Returns History
Based on dividend-adjusted daily data since Dec 19, 2023, PJBF's average daily return is +0.06%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 53% of months were positive and 47% were negative. The best month was Apr 2026 with a return of +17.2%, while the worst month was Mar 2025 at -10.0%. The longest winning streak lasted 3 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PJBF closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.2%, while the worst single day was Apr 4, 2025 at -6.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -3.08% | -2.90% | -5.84% | 17.18% | 5.25% | 3.31% | -4.97% | 7.30% | |||||
| 2025 | 2.64% | -4.03% | -10.01% | 4.90% | 4.50% | 4.42% | -0.75% | 0.74% | 2.90% | 4.13% | -2.73% | -0.57% | 5.13% |
| 2024 | 4.88% | 8.43% | 1.03% | -4.91% | 5.55% | 5.41% | -3.69% | 5.79% | -1.01% | -0.86% | 0.95% | -2.28% | 19.91% |
| 2023 | -0.80% | -0.80% |
Benchmark Metrics
PGIM Jennison Better Future ETF has an annualized alpha of -9.59%, beta of 1.25, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since December 19, 2023.
- This ETF participated in 104.56% of S&P 500 Index downside but only 74.29% of its upside - more exposed to losses than it benefited from rallies.
- This ETF had an annualized alpha of -9.59% versus S&P 500 Index - delivering less than market exposure alone would predict.
- Alpha
- -9.59%
- Beta
- 1.25
- R²
- 0.76
- Upside Capture
- 74.29%
- Downside Capture
- 104.56%
Expense Ratio
PJBF has an expense ratio of 0.59%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PJBF ranks 20 for risk / return — in the bottom 20% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Jennison Better Future ETF (PJBF) 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.
| PJBF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.31 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.29 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.66 | 2.21 | -1.56 |
| Martin ratioReturn relative to average drawdown | 2.06 | 9.61 | -7.55 |
Dividends
Dividend History
PGIM Jennison Better Future ETF provided a 0.22% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.09 |
Dividend yield | 0.22% | 0.24% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Jennison Better Future 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 | $0.15 | $0.15 |
| 2024 | $0.09 | $0.09 |
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 Jennison Better Future 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 Jennison Better Future ETF was 25.67%, occurring on Apr 8, 2025. Recovery took 126 trading sessions.
The current PGIM Jennison Better Future ETF drawdown is 4.97%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -25.67%Apr 2025 | 9mo 3d | 6mo 3d | 1y 3moJul 2024 - Oct 2025 |
2026 correction2026 | -18.41%Mar 2026 | 5mo 1d | 1mo 2d | 6mo 3dOct 2025 - May 2026 |
2024 pullback2024 | -8.29%Apr 2024 | 1mo 12d | 26d | 2mo 8dMar 2024 - May 2024 |
2026 pullback2026 | -7.32%Jun 2026 | 7d | 8d | 15dJun 2026 - Jun 2026 |
2026 pullback2026 | -5.84%Jul 2026 | 6d | — | 13d 3hJul 2026 - now |
Drawdown Indicators
| PJBF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.67% | -56.78% | +31.11% |
Max Drawdown (1Y)Largest decline over 1 year | -18.41% | -9.10% | -9.31% |
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 | -4.97% | -1.24% | -3.73% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -10.71% | +5.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.87% | 2.09% | +3.78% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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