- CUSIP
- 69420N551
- Issuer
- PGIM
- Inception Date
- Dec 27, 2024
- Region
- North America (U.S.)
- Category
- Defined Outcome, Nasdaq-100
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Accumulating
- Asset Class
- Alternatives
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $6M
Share Price Chart
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Performance
PQJA Performance Chart
PGIM Nasdaq-100 Buffer 12 ETF - January (PQJA) is up 8.6% since the beginning of the year. PQJA is currently trading at $32 per share.
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Returns By Period
PGIM Nasdaq-100 Buffer 12 ETF - January (PQJA) has returned 8.55% so far this year and 22.16% over the past 12 months.
PGIM Nasdaq-100 Buffer 12 ETF - January
- 1D
- 0.75%
- 1M
- 1.12%
- YTD
- 8.55%
- 6M
- 9.04%
- 1Y
- 22.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.06%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
PQJA Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2025, PQJA's average daily return is +0.07%, while the average monthly return is +1.33%. At this rate, an investment would double in approximately 4.4 years.
Historically, 72% of months were positive and 28% were negative. The best month was Apr 2026 with a return of +8.5%, while the worst month was Mar 2025 at -4.4%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 2 months.
On a daily basis, PQJA closed higher 61% of trading days. The best single day was Apr 9, 2025 with a return of +8.3%, while the worst single day was Apr 4, 2025 at -4.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.63% | -1.05% | -2.73% | 8.51% | 3.46% | -0.17% | 8.55% | ||||||
| 2025 | 0.99% | -1.09% | -4.42% | 0.93% | 5.81% | 3.83% | 1.72% | 0.99% | 2.68% | 1.60% | 0.68% | 1.59% | 16.06% |
Benchmark Metrics
PGIM Nasdaq-100 Buffer 12 ETF - January has an annualized alpha of 3.96%, beta of 0.74, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since January 02, 2025.
- This ETF participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (72.13%) than losses (46.80%) - typical of diversified or defensive assets.
- This ETF generated an annualized alpha of 3.96% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.96%
- Beta
- 0.74
- R²
- 0.92
- Upside Capture
- 72.13%
- Downside Capture
- 46.80%
Expense Ratio
PQJA has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PQJA ranks 81 for risk / return — in the top 81% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Nasdaq-100 Buffer 12 ETF - January (PQJA) 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.
| PQJA | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.04 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.35 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.29 | 2.66 | +0.63 |
| Martin ratioReturn relative to average drawdown | 15.74 | 11.86 | +3.88 |
Dividends
Dividend History
PGIM Nasdaq-100 Buffer 12 ETF - January provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.00 | $0.00 |
Dividend yield | 0.00% | 0.01% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Nasdaq-100 Buffer 12 ETF - January. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 |
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 Nasdaq-100 Buffer 12 ETF - January. 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 Nasdaq-100 Buffer 12 ETF - January was 14.72%, occurring on Apr 8, 2025. Recovery took 39 trading sessions.
The current PGIM Nasdaq-100 Buffer 12 ETF - January drawdown is 0.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -14.72%Apr 2025 | 1mo 17d | 1mo 27d | 3mo 14dFeb 2025 - Jun 2025 |
2026 pullback2026 | -6.77%Mar 2026 | 2mo | 15d | 2mo 15dJan 2026 - Apr 2026 |
2026 pullback2026 | -2.38%Jun 2026 | 7d | — | 17d 18hJun 2026 - now |
2025 pullback2025 | -2.34%Nov 2025 | 21d | 6d | 27dOct 2025 - Nov 2025 |
2026 pullback2026 | -1.81%Jan 2026 | 7d | 7d | 14dJan 2026 - Jan 2026 |
Drawdown Indicators
| PQJA | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.72% | -56.78% | +42.06% |
Max Drawdown (1Y)Largest decline over 1 year | -6.77% | -9.10% | +2.33% |
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 | -0.25% | -2.49% | +2.24% |
Average DrawdownAverage peak-to-trough decline | -1.63% | -10.72% | +9.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.41% | 2.03% | -0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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