JULP vs PBJA
PGIM S&P 500 Buffer 12 ETF - July vs PGIM S&P 500 Buffer 20 ETF - January
Which is better, JULP or PBJA?
JULP has been ahead.
JULP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | JULP | PBJA |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $39M | $67M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 16 | 14 |
| YTD Return | +8.57%Best | +7.36% |
| 1Y Return | +11.67%Best | +10.27% |
| Volatility (annualized) | 6.7% | 4.3%Best |
| Max Drawdown | -12.4% | -8.5%Best |
| $10,000 over 2.4 years | $13,343Best | $12,669 |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 8, 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 2.4 years row, are measured over the window both funds cover: May 8, 2024 to Oct 14, 2026 (2.4 years).
JULP 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 2.4 years both funds cover.
JULP vs PBJA Performance
PGIM S&P 500 Buffer 12 ETF - July (JULP) 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 JULP returned +11.67% while PBJA returned +10.27%. Year to date, JULP is up 8.57% versus a gain of 7.36% for PBJA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JULP has been the more volatile fund, with annualized monthly volatility of 6.7% 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 -12.4% for JULP 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
JULP charges 0.50% per year while PBJA charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, JULP currently yields 0.00% against 0.00% for PBJA.
You are not choosing between two funds in isolation.
Whichever of JULP 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, JULP or PBJA?
JULP 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, JULP or PBJA?
Over the past year JULP returned +11.67% vs +10.27% for PBJA, so JULP leads on 1-year performance. Over the longest common window we track (2 years), JULP annualized +12.77% vs +10.36% for PBJA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JULP or PBJA?
JULP has been the more volatile fund at 6.7% annualized versus 4.3% for PBJA. Worst drawdown: JULP -12.4% vs PBJA -8.5%.
Should I hold both JULP and PBJA?
JULP and PBJA have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, JULP or PBJA?
JULP yields 0.00% while PBJA yields 0.00%, so PBJA currently pays the higher dividend yield.
Is PBJA better than JULP?
JULP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.