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 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 | |
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | PMNV vs JANB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | PMNV vs FBUF |
Best Risk-Adjusted Alternatives to PMNV
Among 221 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 | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 19.60M | Apr 2025 | PMNV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | PMNV vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | PMNV vs ZAPR | |
| Innovator U.S. Equity Power Buffer ETF - April | 98 | 952.31M | Apr 2019 | PMNV vs PAPR |
Top Performing PMNV Alternatives (YTD)
PMNV is at 2.67% YTD. There are 205 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 | PMNV vs NVDO | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 13.09% | — | Jan 2025 | PMNV vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 12.41% | 216.78M | Mar 2020 | PMNV vs KAPR | |
| FT Vest Emerging Markets Buffer ETF - March | 12.21% | — | Mar 2025 | PMNV vs TMAR | |
| Innovator U.S. Small Cap Power Buffer ETF - March | 11.31% | — | Feb 2025 | PMNV vs KMAR |
Lowest Volatility Alternatives to PMNV
PMNV has 2.65% 1-year volatility. There are 54 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.17% | — | Mar 2025 | PMNV vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.22% | — | Apr 2025 | PMNV vs APXM | |
| PGIM S&P 500 Max Buffer ETF - May | 1.29% | — | Apr 2025 | PMNV vs PMMY | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.35% | 19.60M | Apr 2025 | PMNV vs CPSP | |
| iShares Large Cap Max Buffer Mar ETF | 1.43% | — | Mar 2025 | PMNV vs MMAX |
Lowest Drawdown Alternatives to PMNV
Among 223 ETFs in the Defined Outcome category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | PMNV vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 19.60M | Apr 2025 | PMNV vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | PMNV vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | PMNV vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.30M | May 2024 | PMNV 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 | 2.24% | 10.61B | Jul 2023 | PMNV vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 1.94% | 17.34B | Apr 2018 | PMNV vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 93 | 2.36% | 116.68M | May 2022 | PMNV vs PFRL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 89 | 1.40% | — | Jul 2023 | PMNV vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 84 | 5.50% | 183.97M | Jun 2024 | PMNV vs BUFP | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 91 | 1.46% | 98.37M | Jun 2024 | PMNV vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 75 | 2.21% | 160.90M | Dec 2023 | PMNV vs PSH | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 89 | 4.17% | 154.43M | Jun 2024 | PMNV vs PBFR | |
| PGIM Total Return Bond ETF | Intermediate Core-Plus Bond | 37 | 1.06% | 1.05B | Dec 2021 | PMNV vs PTRB | |
| PGIM Jennison Focused Growth ETF | Large Cap Growth Equities | 18 | 0.89% | 150.02M | Dec 2022 | PMNV vs PJFG |
Often Compared With PMNV
Investors most often compare PMNV with PQAP, LJUL, EAPR. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | Defined Outcome, Nasdaq-100 | 97 | 10.57% | 7.34M | Dec 2024 | PMNV vs PQAP | |
| Innovator Premium Income 15 Buffer ETF - July | Defined Outcome | 97 | 2.02% | — | Jun 2024 | PMNV vs LJUL | |
| Innovator Emerging Markets Power Buffer ETF - Apri... | Defined Outcome | 83 | 9.66% | 103.73M | Mar 2021 | PMNV vs EAPR | |
| Innovator Equity Defined Protection ETF - 1 Yr May | Defined Outcome | 96 | 1.73% | — | May 2025 | PMNV vs ZMAY | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | Defined Outcome, Nasdaq-100 | — | 9.35% | 2.35M | Jun 2025 | PMNV vs QB | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | Nasdaq-100, Defined Outcome | 95 | 11.31% | 563.55M | Mar 2021 | PMNV vs QMAR | |
| Leverage Shares 2x Capped Accelerated MSTR Monthly... | Defined Outcome, Leveraged Equities | — | -26.25% | — | Aug 2025 | PMNV vs MSOO | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jul... | Defined Outcome | — | 8.04% | — | Jul 2025 | PMNV vs UXJL | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | Defined Outcome | 98 | 7.53% | 133.76M | Mar 2021 | PMNV vs XBAP |
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.
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