DECU vs. PMJN

Last updated Jun 3, 2026

DECU (AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF) and PMJN (PGIM S&P 500 Max Buffer ETF - June) are both Defined Outcome funds. Both are actively managed. Over the past year, DECU returned 19.72% vs 6.77% for PMJN. Their correlation of 0.83 suggests significant overlap in exposure. DECU charges 0.74%/yr vs 0.50%/yr for PMJN.

Performance

DECU vs. PMJN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and PGIM S&P 500 Max Buffer ETF - June (PMJN). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DECU achieves a 8.21% return, which is significantly higher than PMJN's 2.45% return.

DECU

• 1D: -0.03%
• 1M: 4.11%
• YTD: 8.21%
• 6M: 8.39%
• 1Y: 19.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

PMJN

• 1D: 0.04%
• 1M: 0.49%
• YTD: 2.45%
• 6M: 3.05%
• 1Y: 6.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DECU vs. PMJN - Yearly Performance Comparison

	2026 (YTD)	2025
DECU AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF	8.21%	10.63%
PMJN PGIM S&P 500 Max Buffer ETF - June	2.45%	4.21%

Correlation

The correlation between DECU and PMJN is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 3, 2025	0.83

Return for Risk

DECU vs. PMJN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DECU

DECU Risk / Return Rank: 67
DECU Sharpe Ratio Rank: 66
DECU Sortino Ratio Rank: 65
DECU Omega Ratio Rank: 66
DECU Calmar Ratio Rank: 70
DECU Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DECU vs. PMJN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF (DECU) and PGIM S&P 500 Max Buffer ETF - June (PMJN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	DECU	PMJN	Difference
Sharpe ratio Return per unit of total volatility	2.25	—	—
Sortino ratio Return per unit of downside risk	3.11	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	3.52	—	—
Martin ratio Return relative to average drawdown	13.10	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	DECU	PMJN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.25	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	3.90	-2.77

Drawdowns

DECU vs. PMJN - Drawdown Comparison

The maximum DECU drawdown since its inception was -10.66%, which is greater than PMJN's maximum drawdown of -1.15%. Use the drawdown chart below to compare losses from any high point for DECU and PMJN.

Drawdown Indicators

	DECU	PMJN	Difference
Max Drawdown Largest peak-to-trough decline	-10.66%	-1.15%	-9.51%
Max Drawdown (1Y) Largest decline over 1 year	-5.65%	-1.15%	-4.50%
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-1.73%	-0.08%	-1.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	—	—

Volatility

Volatility by Period

	DECU	PMJN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.28%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.12%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	8.80%	1.74%	+7.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.58%	1.74%	+8.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.58%	1.74%	+8.84%

DECU vs. PMJN - Expense Ratio Comparison

DECU has a 0.74% expense ratio, which is higher than PMJN's 0.50% expense ratio.

Dividends

DECU vs. PMJN - Dividend Comparison

Neither DECU nor PMJN has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both DECU and PMJN in my portfolio?

DECU and PMJN have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DECU or PMJN?

On 1-year performance, DECU leads with 19.72% vs 6.77% for PMJN. On fees, PMJN is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DECU or PMJN?

Over the 1-year period, DECU has performed better with a 19.72% return vs 6.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DECU or PMJN?

PMJN is cheaper with a 0.50% expense ratio, compared with 0.74% for DECU.

Which ETF pays a higher dividend yield, DECU or PMJN?

DECU and PMJN have nearly identical dividend yields, around 0.00%.

What is the main difference between DECU and PMJN?

They also come from different issuers: AllianzIM and PGIM. Their fees differ too: 0.74% for DECU and 0.50% for PMJN.