APRP vs PBJA
PGIM S&P 500 Buffer 12 ETF - April vs PGIM S&P 500 Buffer 20 ETF - January
Which is better, APRP or PBJA?
APRP has been ahead.
APRP led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | APRP | PBJA |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $32M | $67M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 16 | 14 |
| YTD Return | +12.73%Best | +7.36% |
| 1Y Return | +15.63%Best | +10.27% |
| Volatility (annualized) | 6.2% | 4.3%Best |
| Max Drawdown | -13.7% | -8.5%Best |
| $10,000 over 2.5 years | $13,361Best | $12,717 |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Mar 29, 2024 | Dec 29, 2023 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 1, 2024 to Oct 14, 2026 (2.5 years).
APRP vs PBJA growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
APRP vs PBJA Performance
PGIM S&P 500 Buffer 12 ETF - April (APRP) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 20 ETF - January (PBJA) is an ETF from PGIM Investments. Over the past year APRP returned +15.63% while PBJA returned +10.27%. Year to date, APRP is up 12.73% versus a gain of 7.36% for PBJA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
APRP has been the more volatile fund, with annualized monthly volatility of 6.2% compared with 4.3% for PBJA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -13.7% for APRP and -8.5% for PBJA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
APRP charges 0.50% per year while PBJA charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, APRP currently yields 0.00% against 0.00% for PBJA.
You are not choosing between two funds in isolation.
Whichever of APRP and PBJA you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, APRP or PBJA?
APRP has an expense ratio of 0.50% while PBJA charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, APRP or PBJA?
Over the past year APRP returned +15.63% vs +10.27% for PBJA, so APRP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, APRP or PBJA?
APRP has been the more volatile fund at 6.2% annualized versus 4.3% for PBJA. Worst drawdown: APRP -13.7% vs PBJA -8.5%.
Should I hold both APRP and PBJA?
APRP and PBJA have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, APRP or PBJA?
APRP yields 0.00% while PBJA yields 0.00%, so PBJA currently pays the higher dividend yield.
Is PBJA better than APRP?
APRP led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.