FEBP vs. KQQQ

Last updated Jun 25, 2026

FEBP (PGIM US Large-Cap Buffer 12 ETF - February) and KQQQ (Kurv Technology Titans Select ETF) are both exchange-traded funds - FEBP is a Options Trading fund actively managed by PGIM, while KQQQ is a Technology Equities fund actively managed by Kurv. Both are actively managed. Over the past year, FEBP returned 15.84% vs 30.24% for KQQQ. Their correlation of 0.81 suggests significant overlap in exposure. FEBP charges 0.50%/yr vs 0.99%/yr for KQQQ.

Performance

FEBP vs. KQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM US Large-Cap Buffer 12 ETF - February (FEBP) and Kurv Technology Titans Select ETF (KQQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEBP achieves a 5.88% return, which is significantly lower than KQQQ's 12.10% return.

FEBP

• 1D: -0.09%
• 1M: 0.25%
• YTD: 5.88%
• 6M: 5.65%
• 1Y: 15.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

KQQQ

• 1D: -1.78%
• 1M: -3.45%
• YTD: 12.10%
• 6M: 10.72%
• 1Y: 30.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FEBP vs. KQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FEBP PGIM US Large-Cap Buffer 12 ETF - February	5.88%	12.06%	4.78%
KQQQ Kurv Technology Titans Select ETF	12.10%	16.64%	11.50%

Correlation

The correlation between FEBP and KQQQ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jul 23, 2024	0.81

The correlation between FEBP and KQQQ has been stable across timeframes, ranging from 0.81 to 0.82 - a consistent structural relationship.

Return for Risk

FEBP vs. KQQQ — Risk / Return Rank

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

FEBP

FEBP Risk / Return Rank: 80
FEBP Sharpe Ratio Rank: 81
FEBP Sortino Ratio Rank: 83
FEBP Omega Ratio Rank: 84
FEBP Calmar Ratio Rank: 67
FEBP Martin Ratio Rank: 83

KQQQ

KQQQ Risk / Return Rank: 44
KQQQ Sharpe Ratio Rank: 50
KQQQ Sortino Ratio Rank: 47
KQQQ Omega Ratio Rank: 46
KQQQ Calmar Ratio Rank: 38
KQQQ Martin Ratio Rank: 39

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.

FEBP vs. KQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM US Large-Cap Buffer 12 ETF - February (FEBP) and Kurv Technology Titans Select ETF (KQQQ). 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.

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.

	FEBP	KQQQ	Difference
Sharpe ratio: Return per unit of total volatility	2.25	1.56	+0.69
Sortino ratio: Return per unit of downside risk	3.22	2.14	+1.08
Omega ratio: Gain probability vs. loss probability	1.44	1.27	+0.17
Calmar ratio: Return relative to maximum drawdown	2.91	1.76	+1.15
Martin ratio: Return relative to average drawdown	14.73	5.68	+9.05

FEBP vs. KQQQ - Sharpe Ratio Comparison

The current FEBP Sharpe Ratio is 2.25, which is higher than the KQQQ Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of FEBP and KQQQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FEBP vs. KQQQ - Drawdown Comparison

The maximum FEBP drawdown since its inception was -12.11%, smaller than the maximum KQQQ drawdown of -26.15%. Use the drawdown chart below to compare losses from any high point for FEBP and KQQQ.

Drawdown Indicators

	FEBP	KQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-12.11%	-26.15%	+14.04%
Max Drawdown (1Y) Largest decline over 1 year	-5.47%	-17.30%	+11.83%
Current Drawdown Current decline from peak	-1.11%	-6.92%	+5.81%
Average Drawdown Average peak-to-trough decline	-0.92%	-4.69%	+3.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.08%	5.34%	-4.26%

Volatility

FEBP vs. KQQQ - Volatility Comparison

The current volatility for PGIM US Large-Cap Buffer 12 ETF - February (FEBP) is 2.35%, while Kurv Technology Titans Select ETF (KQQQ) has a volatility of 8.23%. This indicates that FEBP experiences smaller price fluctuations and is considered to be less risky than KQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEBP	KQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	8.23%	-5.88%
Volatility (6M) Calculated over the trailing 6-month period	5.75%	15.86%	-10.11%
Volatility (1Y) Calculated over the trailing 1-year period	7.09%	19.53%	-12.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.01%	23.72%	-14.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.01%	23.72%	-14.71%

FEBP vs. KQQQ - Expense Ratio Comparison

FEBP has a 0.50% expense ratio, which is lower than KQQQ's 0.99% expense ratio.

Dividends

FEBP vs. KQQQ - Dividend Comparison

FEBP has not paid dividends to shareholders, while KQQQ's dividend yield for the trailing twelve months is around 14.59%.

Position	TTM	2025	2024
FEBP PGIM US Large-Cap Buffer 12 ETF - February	0.00%	0.00%	0.00%
KQQQ Kurv Technology Titans Select ETF	14.59%	12.01%	2.48%

Frequently Asked Questions

Can I hold both FEBP and KQQQ in my portfolio?

FEBP and KQQQ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEBP or KQQQ?

KQQQ has higher volatility (8.23%) compared to FEBP (2.35%). In terms of maximum drawdown, FEBP dropped -12.11% vs KQQQ's -26.15%.

Which ETF is better, FEBP or KQQQ?

On 1-year performance, KQQQ leads with 30.24% vs 15.84% for FEBP. On fees, FEBP is cheaper at 0.50% per year. On volatility, FEBP has been the lower-risk option at 2.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FEBP or KQQQ?

Over the 1-year period, KQQQ has performed better with a 30.24% return vs 15.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FEBP or KQQQ?

FEBP is cheaper with a 0.50% expense ratio, compared with 0.99% for KQQQ.

Which ETF pays a higher dividend yield, FEBP or KQQQ?

KQQQ has the higher dividend yield at 14.59%, compared with 0.00% for FEBP.

What is the main difference between FEBP and KQQQ?

FEBP is categorized as Options Trading, while KQQQ is Technology Equities. They also come from different issuers: PGIM and Kurv. Their fees differ too: 0.50% for FEBP and 0.99% for KQQQ.

Which has better risk-adjusted returns?

FEBP currently has the higher Sharpe Ratio (2.25 vs 1.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.