PBAU vs PBJL
PGIM S&P 500 Buffer 20 ETF - August vs PGIM S&P 500 Buffer 20 ETF - July
Which is better, PBAU or PBJL?
PBAU has been ahead.
PBAU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98.
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 | PBAU | PBJL |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $40M | $75M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 8 | 14 |
| YTD Return | +7.58%Best | +6.85% |
| 1Y Return | +9.92%Best | +9.12% |
| Volatility (annualized) | 4.7%Best | 4.9% |
| Max Drawdown | -8.9%Best | -9.0% |
| $10,000 over 2.4 years | $12,830Best | $12,741 |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 10, 2024 | May 8, 2024 |
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 10, 2024 to Oct 14, 2026 (2.4 years).
PBAU vs PBJL 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.
PBAU vs PBJL Performance
PGIM S&P 500 Buffer 20 ETF - August (PBAU) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 20 ETF - July (PBJL) is an ETF from PGIM Investments. Over the past year PBAU returned +9.92% while PBJL returned +9.12%. Year to date, PBAU is up 7.58% versus a gain of 6.85% for PBJL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBJL has been the more volatile fund, with annualized monthly volatility of 4.9% compared with 4.7% for PBAU. 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 -8.9% for PBAU and -9.0% for PBJL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PBAU charges 0.50% per year while PBJL charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, PBAU currently yields 0.00% against 0.00% for PBJL.
You are not choosing between two funds in isolation.
Whichever of PBAU and PBJL 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, PBAU or PBJL?
PBAU has an expense ratio of 0.50% while PBJL charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, PBAU or PBJL?
Over the past year PBAU returned +9.92% vs +9.12% for PBJL, so PBAU leads on 1-year performance. Over the longest common window we track (2 years), PBAU annualized +10.94% vs +10.62% for PBJL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBAU or PBJL?
PBJL has been the more volatile fund at 4.9% annualized versus 4.7% for PBAU. Worst drawdown: PBAU -8.9% vs PBJL -9.0%.
Should I hold both PBAU and PBJL?
PBAU and PBJL have a monthly-return correlation of 0.98, 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, PBAU or PBJL?
PBAU yields 0.00% while PBJL yields 0.00%, so PBJL currently pays the higher dividend yield.
Is PBJL better than PBAU?
PBAU led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.