PGIM S&P 500 Max Buffer ETF - November (PMNV) 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 PMNV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMNV
PMNV 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 | PMNV vs JANB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | PMNV vs APRB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | PMNV vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | PMNV vs JULB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PMNV vs FBUF |
Best Risk-Adjusted Alternatives to PMNV
Among 220 ETFs in the Defined Outcome category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | PMNV vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 99 | — | Apr 2025 | PMNV vs APXM | |
| iShares Large Cap Max Buffer Mar ETF | 99 | — | Mar 2025 | PMNV vs MMAX | |
| PGIM S&P 500 Max Buffer ETF - May | 98 | — | Apr 2025 | PMNV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 18.90M | Apr 2025 | PMNV vs CPSP |
Top Performing PMNV Alternatives (YTD)
PMNV is at 2.91% YTD. There are 198 ETFs in the Defined Outcome category with higher YTD returns, going as high as 18.85%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 18.85% | — | Aug 2025 | PMNV vs NVDO | |
| FT Vest Emerging Markets Buffer ETF - March | 14.45% | — | Mar 2025 | PMNV vs TMAR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 13.06% | 557.94M | Mar 2021 | PMNV vs QMAR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 12.09% | 7.34M | Dec 2024 | PMNV vs PQAP | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jul... | 11.78% | — | Jul 2025 | PMNV vs UXJL |
Lowest Volatility Alternatives to PMNV
PMNV has 2.64% 1-year volatility. There are 54 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.01%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest U.S. Equity Max Buffer ETF - April | 1.01% | — | Apr 2025 | PMNV vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.12% | — | Apr 2025 | PMNV vs PMMY | |
| PGIM S&P 500 Max Buffer ETF - April | 1.15% | — | Mar 2025 | PMNV vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 1.39% | — | Mar 2025 | PMNV vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.42% | 18.90M | Apr 2025 | PMNV vs CPSP |
Lowest Drawdown Alternatives to PMNV
Among 220 ETFs in the Defined Outcome category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest U.S. Equity Max Buffer ETF - April | -0.27% | — | Apr 2025 | PMNV vs APXM | |
| PGIM S&P 500 Max Buffer ETF - April | -0.34% | — | Mar 2025 | PMNV vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | -0.34% | — | Mar 2025 | PMNV vs MMAX | |
| PGIM S&P 500 Max Buffer ETF - May | -0.36% | — | Apr 2025 | PMNV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 18.90M | Apr 2025 | PMNV vs CPSP |
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 $16B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.03% | 10.16B | Jul 2023 | PMNV vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 100 | 1.73% | 16.31B | Apr 2018 | PMNV vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 91 | 1.96% | 116.67M | May 2022 | PMNV vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 89 | 1.23% | — | Jul 2023 | PMNV vs PSDM | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 88 | 1.32% | 97.02M | Jun 2024 | PMNV vs PUSH | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 86 | 6.23% | 183.97M | Jun 2024 | PMNV vs BUFP | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 71 | 1.88% | 161.26M | Dec 2023 | PMNV vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 90 | 4.52% | 154.43M | Jun 2024 | PMNV vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 40 | 0.34% | 978.28M | Dec 2021 | PMNV vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 28 | 6.64% | 154.47M | Dec 2022 | PMNV vs PJFG |
Often Compared With PMNV
Investors most often compare PMNV with EAPR, LJUL, ZMAY. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Innovator Emerging Markets Power Buffer ETF - Apri... | Defined Outcome | 94 | 11.39% | 100.91M | Mar 2021 | PMNV vs EAPR | |
| Innovator Premium Income 15 Buffer ETF - July | Defined Outcome | 96 | 1.80% | — | Jun 2024 | PMNV vs LJUL | |
| Innovator Equity Defined Protection ETF - 1 Yr May | Defined Outcome | 97 | 2.20% | — | May 2025 | PMNV vs ZMAY | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | Defined Outcome | 74 | 11.46% | — | Jan 2025 | PMNV vs KFEB | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | Defined Outcome, Nasdaq-100 | — | 10.47% | 2.34M | Jun 2025 | PMNV vs QB | |
| Leverage Shares 2x Capped Accelerated MSTR Monthly... | Defined Outcome, Leveraged Equities | — | -23.81% | — | Aug 2025 | PMNV vs MSOO | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | Defined Outcome | 98 | 3.25% | — | Apr 2025 | PMNV vs ZAPR |
Compare PMNV with Any Fund or Stock
Compare PMNV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMNV with funds that move differently
PGIM S&P 500 Max Buffer ETF - November alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMNV.
Explore PMNV Diversifiers