PGIM S&P 500 Max Buffer ETF - January (PMJA) 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 PMJA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMJA
PMJA 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 October Buffer ETF | 0.25% | — | Oct 2025 | PMJA vs OCTB | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | PMJA vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | PMJA vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | PMJA vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PMJA vs FBUF |
Best Risk-Adjusted Alternatives to PMJA
PMJA has a PortfoliosLab risk / return rank of 94. There are 33 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 | PMJA vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | PMJA vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PMJA vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PMJA vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 133.76M | Mar 2021 | PMJA vs XBAP |
Top Performing PMJA Alternatives (YTD)
PMJA is at 2.26% YTD. There are 229 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 | PMJA vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.02% | — | Jan 2025 | PMJA vs KFEB | |
| FT Vest Emerging Markets Buffer ETF - March | 12.46% | — | Mar 2025 | PMJA vs TMAR | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.34% | 216.78M | Mar 2020 | PMJA vs KAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 11.40% | 563.55M | Mar 2021 | PMJA vs QMAR |
Lowest Volatility Alternatives to PMJA
PMJA has 2.04% 1-year volatility. There are 16 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | PMJA vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | PMJA vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.30% | — | Apr 2025 | PMJA vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | PMJA vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | PMJA vs MMAX |
Lowest Drawdown Alternatives to PMJA
PMJA has a 1-year max drawdown of -1.45%. There are 35 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 | PMJA vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | PMJA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | PMJA vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | PMJA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | PMJA 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 $17B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.22% | 10.61B | Jul 2023 | PMJA vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 1.96% | 17.34B | Apr 2018 | PMJA vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 92 | 2.37% | 116.68M | May 2022 | PMJA vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 88 | 1.23% | — | Jul 2023 | PMJA vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 84 | 5.60% | 183.97M | Jun 2024 | PMJA vs BUFP | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 88 | 1.46% | 98.37M | Jun 2024 | PMJA vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 75 | 2.30% | 160.90M | Dec 2023 | PMJA vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 89 | 4.21% | 154.43M | Jun 2024 | PMJA vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 35 | 0.58% | 1.05B | Dec 2021 | PMJA vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 20 | 1.35% | 150.02M | Dec 2022 | PMJA vs PJFG |
Often Compared With PMJA
Investors most often compare PMJA with CPST, PBQQ, PQAP. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare PMJA with Any Fund or Stock
Compare PMJA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMJA with funds that move differently
PGIM S&P 500 Max Buffer ETF - January alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMJA.
Explore PMJA Diversifiers