PBJN vs PBMR
PGIM S&P 500 Buffer 20 ETF - June vs PGIM S&P 500 Buffer 20 ETF - March
Which is better, PBJN or PBMR?
PBMR has been ahead.
PBMR 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 | PBJN | PBMR |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $59M | $38M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 14 | 8 |
| YTD Return | +5.35% | +7.97%Best |
| 1Y Return | +7.56% | +10.57%Best |
| Volatility (annualized) | 4.7% | 4.2%Best |
| Max Drawdown | -8.7% | -7.6%Best |
| $10,000 over 2.4 years | $12,644 | $12,866Best |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 31, 2024 | Feb 29, 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: Jun 3, 2024 to Oct 14, 2026 (2.4 years).
PBJN vs PBMR 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.
PBJN vs PBMR Performance
PGIM S&P 500 Buffer 20 ETF - June (PBJN) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 20 ETF - March (PBMR) is an ETF from PGIM Investments. Over the past year PBJN returned +7.56% while PBMR returned +10.57%. Year to date, PBJN is up 5.35% versus a gain of 7.97% for PBMR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBJN has been the more volatile fund, with annualized monthly volatility of 4.7% compared with 4.2% for PBMR. 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 -8.7% for PBJN and -7.6% for PBMR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBJN charges 0.50% per year while PBMR charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, PBJN currently yields 0.00% against 0.00% for PBMR.
You are not choosing between two funds in isolation.
Whichever of PBJN and PBMR 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, PBJN or PBMR?
PBJN has an expense ratio of 0.50% while PBMR charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, PBJN or PBMR?
Over the past year PBJN returned +7.56% vs +10.57% for PBMR, so PBMR leads on 1-year performance. Over the longest common window we track (2 years), PBJN annualized +10.27% vs +11.07% for PBMR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBJN or PBMR?
PBJN has been the more volatile fund at 4.7% annualized versus 4.2% for PBMR. Worst drawdown: PBJN -8.7% vs PBMR -7.6%.
Should I hold both PBJN and PBMR?
PBJN and PBMR have a monthly-return correlation of 0.86, 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, PBJN or PBMR?
PBJN yields 0.00% while PBMR yields 0.00%, so PBMR currently pays the higher dividend yield.
Is PBMR better than PBJN?
PBMR 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.