PMAP vs QLTY
PGIM S&P 500 Max Buffer ETF - April vs GMO US Quality ETF
Which is better, PMAP or QLTY?
QLTY has been ahead.
QLTY 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 | PMAP | QLTY |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $5M | $5.4B |
| Dividend Yield | 0.00% | 0.66% |
| Holdings | 14 | 90 |
| YTD Return | +4.90% | +14.13%Best |
| 1Y Return | +6.34% | +20.95%Best |
| 3Y Return (annualized) | - | +21.84% |
| Volatility (annualized) | 1.1%Best | 12.0% |
| Max Drawdown | -1.8%Best | -11.7% |
| $10,000 over 1.5 years | $11,032 | $14,098Best |
| Fund Family | PGIM Investments | GMO |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Mar 31, 2025 | Nov 13, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 1, 2025 to Oct 14, 2026 (1.5 years).
PMAP vs QLTY 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 1.5 years both funds cover.
PMAP vs QLTY Performance
PGIM S&P 500 Max Buffer ETF - April (PMAP) is an ETF from PGIM Investments and GMO US Quality ETF (QLTY) is an ETF from GMO. Over the past year PMAP returned +6.34% while QLTY returned +20.95%. Year to date, PMAP is up 4.90% versus a gain of 14.13% for QLTY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLTY has been the more volatile fund, with annualized monthly volatility of 12.0% compared with 1.1% for PMAP. 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 -1.8% for PMAP and -11.7% for QLTY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PMAP charges 0.50% per year while QLTY charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, PMAP currently yields 0.00% against 0.66% for QLTY.
You are not choosing between two funds in isolation.
Whichever of PMAP and QLTY 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, PMAP or QLTY?
PMAP has an expense ratio of 0.50% while QLTY charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, PMAP or QLTY?
Over the past year PMAP returned +6.34% vs +20.95% for QLTY, so QLTY leads on 1-year performance. Over the longest common window we track (2 years), PMAP annualized +6.77% vs +25.73% for QLTY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PMAP or QLTY?
QLTY has been the more volatile fund at 12.0% annualized versus 1.1% for PMAP. Worst drawdown: PMAP -1.8% vs QLTY -11.7%.
Should I hold both PMAP and QLTY?
PMAP and QLTY have a monthly-return correlation of 0.71, 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, PMAP or QLTY?
PMAP yields 0.00% while QLTY yields 0.66%, so QLTY currently pays the higher dividend yield.
Is QLTY better than PMAP?
QLTY 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.