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 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 | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | PMJA vs OCTB | |
| 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 96. There are 38 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 | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PMJA vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | PMJA vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PMJA vs ZAPR | |
| Calamos Russell 2000 Structured Alt Protection ETF... | 98 | 13.20M | Apr 2025 | PMJA vs CPRA |
Top Performing PMJA Alternatives (YTD)
PMJA is at 3.20% YTD. There are 241 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 | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 14.64% | 2.87M | Jun 2025 | PMJA vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 14.50% | — | Jan 2025 | PMJA vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.86% | 214.27M | Mar 2020 | PMJA vs KAPR | |
| Innovator U.S. Small Cap Power Buffer ETF - March | 12.74% | — | Feb 2025 | PMJA vs KMAR |
Lowest Volatility Alternatives to PMJA
PMJA has 2.02% 1-year volatility. There are 12 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 | 1.34% | — | Apr 2025 | PMJA vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.40% | — | Apr 2025 | PMJA vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.40% | 21.00M | Apr 2025 | PMJA vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | PMJA vs MMAX |
Lowest Drawdown Alternatives to PMJA
PMJA has a 1-year max drawdown of -1.45%. There are 37 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% | 21.00M | 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% | 56.60M | May 2024 | PMJA vs CPSM |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PFRL and span 9 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 | 2.76% | 11.25B | Jul 2023 | PMJA vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.40% | 18.30B | Apr 2018 | PMJA vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 94 | 3.01% | 121.63M | May 2022 | PMJA vs PFRL | |
| PGIM Active High Yield Bond ETF | High Yield Bonds | 65 | 1.74% | 1.39B | Sep 2018 | PMJA vs PHYL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 90 | 1.61% | — | Jul 2023 | PMJA vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 90 | 7.65% | 223.70M | Jun 2024 | PMJA vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 93 | 5.89% | 203.06M | Jun 2024 | PMJA vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 90 | 1.58% | 106.99M | Jun 2024 | PMJA vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 80 | 2.46% | 173.89M | Dec 2023 | PMJA vs PSH | |
| PGIM Jennison Focused Value ETF | Large Cap Value Equities | 94 | 21.61% | 125.07M | Dec 2022 | PMJA vs PJFV |
Often Compared With PMJA
Investors most often compare PMJA with CPST, PQAP, PBQQ. 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