DGT vs. PBJA

Last updated Apr 2, 2026

Compare and contrast key facts about State Street SPDR Global Dow ETF (DGT) and PGIM US Large-Cap Buffer 20 ETF - January (PBJA).

DGT and PBJA are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DGT is a passively managed fund by State Street that tracks the performance of the The Global Dow. It was launched on Sep 25, 2000. PBJA is an actively managed fund by PGIM. It was launched on Dec 29, 2023.

Performance

DGT vs. PBJA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street SPDR Global Dow ETF (DGT) and PGIM US Large-Cap Buffer 20 ETF - January (PBJA). The values are adjusted to include any dividend payments, if applicable.

DGT vs. PBJA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DGT State Street SPDR Global Dow ETF	2.98%	30.04%	14.55%
PBJA PGIM US Large-Cap Buffer 20 ETF - January	-1.07%	10.33%	12.18%

Returns By Period

In the year-to-date period, DGT achieves a 2.98% return, which is significantly higher than PBJA's -1.07% return.

DGT

• 1D: 0.93%
• 1M: -4.07%
• YTD: 2.98%
• 6M: 7.13%
• 1Y: 26.23%
• 3Y*: 20.06%
• 5Y*: 13.20%
• 10Y*: 13.29%

PBJA

• 1D: 0.41%
• 1M: -1.43%
• YTD: -1.07%
• 6M: 1.37%
• 1Y: 10.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DGT vs. PBJA - Expense Ratio Comparison

Both DGT and PBJA have an expense ratio of 0.50%.

DGT

State Street SPDR Global Dow ETF

PBJA

PGIM US Large-Cap Buffer 20 ETF - January

Return for Risk

DGT vs. PBJA — Risk / Return Rank

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

DGT

DGT Risk / Return Rank: 82
DGT Sharpe Ratio Rank: 81
DGT Sortino Ratio Rank: 82
DGT Omega Ratio Rank: 86
DGT Calmar Ratio Rank: 76
DGT Martin Ratio Rank: 84

PBJA

PBJA Risk / Return Rank: 71
PBJA Sharpe Ratio Rank: 67
PBJA Sortino Ratio Rank: 70
PBJA Omega Ratio Rank: 79
PBJA Calmar Ratio Rank: 58
PBJA Martin Ratio Rank: 78

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.

DGT vs. PBJA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street SPDR Global Dow ETF (DGT) and PGIM US Large-Cap Buffer 20 ETF - January (PBJA). 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.

	DGT	PBJA	Difference
Sharpe ratio Return per unit of total volatility	1.60	1.25	+0.35
Sortino ratio Return per unit of downside risk	2.22	1.88	+0.35
Omega ratio Gain probability vs. loss probability	1.35	1.32	+0.03
Calmar ratio Return relative to maximum drawdown	2.09	1.70	+0.39
Martin ratio Return relative to average drawdown	10.12	9.53	+0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DGT vs. PBJA - Sharpe Ratio Comparison

The current DGT Sharpe Ratio is 1.60, which is comparable to the PBJA Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of DGT and PBJA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	DGT	PBJA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.60	1.25	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.88	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.79	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	1.46	-1.18

Correlation

The correlation between DGT and PBJA is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

DGT vs. PBJA - Dividend Comparison

DGT's dividend yield for the trailing twelve months is around 2.76%, while PBJA has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DGT State Street SPDR Global Dow ETF	2.76%	2.78%	2.83%	2.53%	3.15%	2.66%	1.97%	2.76%	2.50%	1.93%	2.31%	2.37%
PBJA PGIM US Large-Cap Buffer 20 ETF - January	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

DGT vs. PBJA - Drawdown Comparison

The maximum DGT drawdown since its inception was -55.36%, which is greater than PBJA's maximum drawdown of -8.50%. Use the drawdown chart below to compare losses from any high point for DGT and PBJA.

Drawdown Indicators

	DGT	PBJA	Difference
Max Drawdown Largest peak-to-trough decline	-55.36%	-8.50%	-46.86%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-6.16%	-6.29%
Max Drawdown (5Y) Largest decline over 5 years	-25.18%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-34.40%	—	—
Current Drawdown Current decline from peak	-5.00%	-1.89%	-3.11%
Average Drawdown Average peak-to-trough decline	-13.92%	-0.58%	-13.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	1.10%	+1.48%

Volatility

DGT vs. PBJA - Volatility Comparison

State Street SPDR Global Dow ETF (DGT) has a higher volatility of 5.57% compared to PGIM US Large-Cap Buffer 20 ETF - January (PBJA) at 2.54%. This indicates that DGT's price experiences larger fluctuations and is considered to be riskier than PBJA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DGT	PBJA	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.57%	2.54%	+3.03%
Volatility (6M) Calculated over the trailing 6-month period	9.11%	3.74%	+5.37%
Volatility (1Y) Calculated over the trailing 1-year period	16.42%	8.31%	+8.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	6.53%	+8.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.94%	6.53%	+10.41%