PBDE vs. UXJL

Last updated Jun 4, 2026

PBDE (PGIM S&P 500 Buffer 20 ETF - December) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. PBDE charges 0.50%/yr vs 0.85%/yr for UXJL.

Performance

PBDE vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM S&P 500 Buffer 20 ETF - December (PBDE) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PBDE achieves a 4.81% return, which is significantly lower than UXJL's 11.78% return.

PBDE

• 1D: -0.13%
• 1M: 1.81%
• YTD: 4.81%
• 6M: 5.33%
• 1Y: 15.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PBDE vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
PBDE PGIM S&P 500 Buffer 20 ETF - December	4.81%	6.63%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%

Correlation

The correlation between PBDE and UXJL is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 22, 2025	0.96

Return for Risk

PBDE vs. UXJL — Risk / Return Rank

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

PBDE

PBDE Risk / Return Rank: 86
PBDE Sharpe Ratio Rank: 84
PBDE Sortino Ratio Rank: 89
PBDE Omega Ratio Rank: 88
PBDE Calmar Ratio Rank: 77
PBDE Martin Ratio Rank: 90

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.

PBDE vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM S&P 500 Buffer 20 ETF - December (PBDE) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	PBDE	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.70	—	—
Sortino ratio: Return per unit of downside risk	4.03	—	—
Omega ratio: Gain probability vs. loss probability	1.55	—	—
Calmar ratio: Return relative to maximum drawdown	3.88	—	—
Martin ratio: Return relative to average drawdown	20.58	—	—
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

	PBDE	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.53	1.87	-0.34

Drawdowns

PBDE vs. UXJL - Drawdown Comparison

The maximum PBDE drawdown since its inception was -8.73%, smaller than the maximum UXJL drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for PBDE and UXJL.

Drawdown Indicators

	PBDE	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-8.73%	-10.29%	+1.56%
Max Drawdown (1Y) Largest decline over 1 year	-3.94%	—	—
Current Drawdown Current decline from peak	-0.13%	-0.76%	+0.63%
Average Drawdown Average peak-to-trough decline	-0.76%	-1.51%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	—	—

Volatility

Volatility by Period

	PBDE	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.66%	13.90%	-8.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.15%	13.90%	-6.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	13.90%	-6.75%

PBDE vs. UXJL - Expense Ratio Comparison

PBDE has a 0.50% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

PBDE vs. UXJL - Dividend Comparison

Neither PBDE nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both PBDE and UXJL in my portfolio?

With a correlation of 0.96, PBDE and UXJL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, PBDE or UXJL?

On fees, PBDE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PBDE or UXJL?

PBDE is cheaper with a 0.50% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, PBDE or UXJL?

PBDE and UXJL have nearly identical dividend yields, around 0.00%.

What is the main difference between PBDE and UXJL?

They also come from different issuers: PGIM and First Trust. Their fees differ too: 0.50% for PBDE and 0.85% for UXJL.