- Issuer
- PGIM
- Inception Date
- Jun 30, 2025
- Category
- Defined Outcome
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Highlights
- Avg. Volume (1M)
- 5K
- Avg. Volume Value (1M)
- $146.37K
Share Price Chart
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Performance
PMJL Performance Chart
PGIM S&P 500 Max Buffer ETF - July (PMJL) is up 3.4% since the beginning of the year. PMJL is currently trading at $27 per share.
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Returns By Period
PGIM S&P 500 Max Buffer ETF - July (PMJL) has returned 3.37% so far this year and 6.32% over the past 12 months.
PGIM S&P 500 Max Buffer ETF - July
- 1D
- 0.15%
- 1M
- 0.19%
- 6M
- 2.95%
- YTD
- 3.37%
- 1Y
- 6.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 6.14%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
PMJL Monthly Returns History
Based on dividend-adjusted daily data since Jul 1, 2025, PMJL's average daily return is +0.02%, while the average monthly return is +0.50%. At this rate, an investment would double in approximately 11.6 years.
Historically, 92% of months were positive and 8% were negative. The best month was Apr 2026 with a return of +2.0%, while the worst month was Mar 2026 at -0.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 1 months.
On a daily basis, PMJL closed higher 58% of trading days. The best single day was Mar 31, 2026 with a return of +0.7%, while the worst single day was Mar 27, 2026 at -0.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.41% | 0.23% | -0.67% | 2.00% | 0.63% | 0.34% | 0.40% | 3.37% | |||||
| 2025 | 0.31% | 0.69% | 0.85% | 0.43% | 0.30% | 0.56% | 3.17% |
Benchmark Metrics
PGIM S&P 500 Max Buffer ETF - July has an annualized alpha of 3.69%, beta of 0.13, and R2 of 0.64 versus S&P 500 Index. Calculated based on daily prices since July 01, 2025.
- This ETF captured 18.19% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -12.78%) - a profile typical of hedging or uncorrelated assets.
- This ETF generated an annualized alpha of 3.69% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.13 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
- 3.69%
- Beta
- 0.13
- R²
- 0.64
- Upside Capture
- 18.19%
- Downside Capture
- -12.78%
Expense Ratio
PMJL has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PMJL ranks 96 for risk / return — above 96% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for PGIM S&P 500 Max Buffer ETF - July (PMJL) 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.
| PMJL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +3.18 | ||
| Omega ratioGain probability vs. loss probability | 1.72 | 1.25 | +0.46 |
| Calmar ratioReturn relative to maximum drawdown | 4.26 | 2.00 | +2.26 |
| Martin ratioReturn relative to average drawdown | 25.86 | 8.49 | +17.37 |
Dividends
Dividend History
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 S&P 500 Max Buffer ETF - July. 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 S&P 500 Max Buffer ETF - July was 1.49%, occurring on Mar 30, 2026. Recovery took 6 trading sessions.
The current PGIM S&P 500 Max Buffer ETF - July drawdown is 0.05%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-1.49%Mar 2026 | 1mo 2d | 9d | 1mo 11dFeb 2026 - Apr 2026 | — |
-0.60%Nov 2025 | 22d | 6d | 28dOct 2025 - Nov 2025 | — |
-0.41%Jul 2026 | 10d | — | 20dJul 2026 - now | — |
-0.36%Oct 2025 | 1d | 10d | 11dOct 2025 - Oct 2025 | — |
-0.35%Feb 2026 | 2d | 4d | 6dFeb 2026 - Feb 2026 | — |
Drawdown Indicators
| PMJL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.49% | -56.78% | +55.29% |
Max Drawdown (1Y)Largest decline over 1 year | -1.49% | -9.10% | +7.61% |
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 | -0.05% | -1.58% | +1.53% |
Average DrawdownAverage peak-to-trough decline | -0.12% | -10.70% | +10.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 2.14% | -1.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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