SNPE vs. PMJN

Last updated Jun 4, 2026

SNPE (Xtrackers S&P 500 ESG ETF) and PMJN (PGIM S&P 500 Max Buffer ETF - June) are both exchange-traded funds - SNPE is a S&P 500 fund tracking the S&P 500 ESG Index, while PMJN is a Defined Outcome fund actively managed by PGIM. SNPE is passively managed, while PMJN is actively managed. Over the past year, SNPE returned 30.35% vs 6.77% for PMJN. Their correlation of 0.85 suggests significant overlap in exposure. SNPE charges 0.10%/yr vs 0.50%/yr for PMJN.

Performance

SNPE vs. PMJN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P 500 ESG ETF (SNPE) 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, SNPE achieves a 9.73% return, which is significantly higher than PMJN's 2.45% return.

SNPE

• 1D: -0.74%
• 1M: 4.56%
• YTD: 9.73%
• 6M: 10.34%
• 1Y: 30.35%
• 3Y*: 21.76%
• 5Y*: 14.46%
• 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)

SNPE vs. PMJN - Yearly Performance Comparison

	2026 (YTD)	2025
SNPE Xtrackers S&P 500 ESG ETF	9.73%	19.45%
PMJN PGIM S&P 500 Max Buffer ETF - June	2.45%	4.21%

Correlation

The correlation between SNPE and PMJN is 0.85, 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	0.85
Correlation (All Time) Calculated using the full available price history since Jun 3, 2025	0.85

The correlation between SNPE and PMJN has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.

Return for Risk

SNPE vs. PMJN — Risk / Return Rank

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

SNPE

SNPE Risk / Return Rank: 74
SNPE Sharpe Ratio Rank: 77
SNPE Sortino Ratio Rank: 78
SNPE Omega Ratio Rank: 75
SNPE Calmar Ratio Rank: 64
SNPE Martin Ratio Rank: 77

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.

SNPE vs. PMJN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P 500 ESG ETF (SNPE) 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.

	SNPE	PMJN	Difference
Sharpe ratio Return per unit of total volatility	2.54	—	—
Sortino ratio Return per unit of downside risk	3.54	—	—
Omega ratio Gain probability vs. loss probability	1.46	—	—
Calmar ratio Return relative to maximum drawdown	3.22	—	—
Martin ratio Return relative to average drawdown	14.89	—	—
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

	SNPE	PMJN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.54	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	3.90	-3.02

Drawdowns

SNPE vs. PMJN - Drawdown Comparison

The maximum SNPE drawdown since its inception was -33.37%, which is greater than PMJN's maximum drawdown of -1.15%. Use the drawdown chart below to compare losses from any high point for SNPE and PMJN.

Drawdown Indicators

	SNPE	PMJN	Difference
Max Drawdown Largest peak-to-trough decline	-33.37%	-1.15%	-32.22%
Max Drawdown (1Y) Largest decline over 1 year	-9.46%	-1.15%	-8.31%
Max Drawdown (3Y) Largest decline over 3 years	-19.15%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.65%	—	—
Current Drawdown Current decline from peak	-1.17%	0.00%	-1.17%
Average Drawdown Average peak-to-trough decline	-4.96%	-0.08%	-4.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	—	—

Volatility

Volatility by Period

	SNPE	PMJN	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.30%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.03%	1.74%	+10.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.10%	1.74%	+15.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.67%	1.74%	+17.93%

SNPE vs. PMJN - Expense Ratio Comparison

SNPE has a 0.10% expense ratio, which is lower than PMJN's 0.50% expense ratio.

Dividends

SNPE vs. PMJN - Dividend Comparison

SNPE's dividend yield for the trailing twelve months is around 0.91%, while PMJN has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PMJN PGIM S&P 500 Max Buffer ETF - June	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SNPE Xtrackers S&P 500 ESG ETF	0.91%	1.01%	1.17%	1.32%	1.65%	1.08%	1.42%	1.20%

Frequently Asked Questions

Can I hold both SNPE and PMJN in my portfolio?

SNPE and PMJN have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, SNPE or PMJN?

On 1-year performance, SNPE leads with 30.35% vs 6.77% for PMJN. On fees, SNPE is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, SNPE or PMJN?

Over the 1-year period, SNPE has performed better with a 30.35% return vs 6.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, SNPE or PMJN?

SNPE is cheaper with a 0.10% expense ratio, compared with 0.50% for PMJN.

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

SNPE has the higher dividend yield at 0.91%, compared with 0.00% for PMJN.

What is the main difference between SNPE and PMJN?

SNPE is categorized as S&P 500, while PMJN is Defined Outcome. They also come from different issuers: Deutsche Bank and PGIM. Their fees differ too: 0.10% for SNPE and 0.50% for PMJN.