PGIM S&P 500 Max Buffer ETF - July (PMJL) 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 PMJL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMJL
PMJL 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 | PMJL vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | PMJL vs OCTB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | PMJL vs APRB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | PMJL vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PMJL vs FBUF |
Best Risk-Adjusted Alternatives to PMJL
PMJL has a PortfoliosLab risk / return rank of 95. There are 31 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 | PMJL vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PMJL vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | PMJL vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PMJL vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 134.85M | Mar 2021 | PMJL vs XBAP |
Top Performing PMJL Alternatives (YTD)
PMJL is at 3.35% YTD. There are 210 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 | PMJL vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.85% | — | Jan 2025 | PMJL vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 13.22% | 214.51M | Mar 2020 | PMJL vs KAPR | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 12.42% | 2.84M | Jun 2025 | PMJL vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 12.12% | 568.10M | Mar 2021 | PMJL vs QMAR |
Lowest Volatility Alternatives to PMJL
PMJL has 2.01% 1-year volatility. There are 17 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.15%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | PMJL vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.25% | — | Apr 2025 | PMJL vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.31% | — | Apr 2025 | PMJL vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.36% | 19.60M | Apr 2025 | PMJL vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.42% | — | Mar 2025 | PMJL vs MMAX |
Lowest Drawdown Alternatives to PMJL
PMJL has a 1-year max drawdown of -1.49%. There are 43 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 | PMJL vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | PMJL vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | PMJL vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | PMJL vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | PMJL 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 $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.55% | 10.35B | Jul 2023 | PMJL vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.18% | 17.62B | Apr 2018 | PMJL vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 92 | 2.72% | 118.91M | May 2022 | PMJL vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 93 | 1.66% | — | Jul 2023 | PMJL vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 87 | 7.02% | 213.82M | Jun 2024 | PMJL vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 92 | 5.27% | 194.07M | Jun 2024 | PMJL vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 92 | 1.60% | 102.00M | Jun 2024 | PMJL vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 83 | 2.65% | 167.88M | Dec 2023 | PMJL vs PSH | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 39 | 0.30% | 1.07B | Dec 2021 | PMJL vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 20 | 4.37% | 148.08M | Dec 2022 | PMJL vs PJFG |
Often Compared With PMJL
Investors most often compare PMJL with CBOY, PBAU, FHDG. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare PMJL with Any Fund or Stock
Compare PMJL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMJL with funds that move differently
PGIM S&P 500 Max Buffer ETF - July alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMJL.
Explore PMJL Diversifiers