PBFR vs ZJUN
PGIM Laddered S&P 500 Buffer 20 ETF vs Innovator Equity Defined Protection ETF - 1 Yr June
Which is better, PBFR or ZJUN?
PBFR has been ahead.
PBFR has a lower expense ratio. PBFR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94.
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 | PBFR | ZJUN |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.79% |
| AUM | $233M | $153M |
| Dividend Yield | 0.01% | 0.00% |
| Holdings | 28 | 21 |
| YTD Return | +7.53%Best | +3.53% |
| 1Y Return | +10.04%Best | +4.82% |
| Volatility (annualized) | 3.6% | 1.4%Best |
| Max Drawdown | -2.8% | -1.1%Best |
| $10,000 over 1.4 years | $11,689Best | $10,787 |
| Fund Family | PGIM Investments | Innovator ETFs Trust |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jun 11, 2024 | Jun 2, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Jun 2, 2025 to Oct 14, 2026 (1.4 years).
PBFR vs ZJUN 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 1.4 years both funds cover.
PBFR vs ZJUN Performance
PGIM Laddered S&P 500 Buffer 20 ETF (PBFR) is an ETF from PGIM Investments and Innovator Equity Defined Protection ETF - 1 Yr June (ZJUN) is an ETF from Innovator ETFs Trust. Over the past year PBFR returned +10.04% while ZJUN returned +4.82%. Year to date, PBFR is up 7.53% versus a gain of 3.53% for ZJUN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBFR has been the more volatile fund, with annualized monthly volatility of 3.6% compared with 1.4% for ZJUN. 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 -2.8% for PBFR and -1.1% for ZJUN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
PBFR charges 0.50% per year while ZJUN charges 0.79%. On a $10,000 position that is $50 vs $79 annually, a gap of $29 per year that compounds over a long holding period. On income, PBFR currently yields 0.01% against 0.00% for ZJUN.
Holdings Overlap
We hold position weights for 12 holdings in PBFR and 1 in ZJUN, totalling 100.0% and 98.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 12 positions we hold weights for in PBFR and 1 in ZJUN, against full books of 28 and 21.
You are not choosing between two funds in isolation.
Whichever of PBFR and ZJUN 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, PBFR or ZJUN?
PBFR has an expense ratio of 0.50% while ZJUN charges 0.79%. PBFR is the cheaper option, by $29 a year on a $10,000 investment.
Which performed better, PBFR or ZJUN?
Over the past year PBFR returned +10.04% vs +4.82% for ZJUN, so PBFR leads on 1-year performance. Over the longest common window we track (1 years), PBFR annualized +11.79% vs +5.56% for ZJUN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBFR or ZJUN?
PBFR has been the more volatile fund at 3.6% annualized versus 1.4% for ZJUN. Worst drawdown: PBFR -2.8% vs ZJUN -1.1%.
Should I hold both PBFR and ZJUN?
PBFR and ZJUN have a monthly-return correlation of 0.94, 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, PBFR or ZJUN?
PBFR yields 0.01% while ZJUN yields 0.00%, so PBFR currently pays the higher dividend yield.
Is ZJUN better than PBFR?
PBFR has a lower expense ratio. PBFR led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. Which one suits a particular account depends on what it is for. This is information, not a recommendation.