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JANPPGIM S&P 500 Buffer 12 ETF - Jan

Stay safeGrow my money2y track recordRanked #147 of 387 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a 12% downside buffer.

By PGIM · Launched 2023

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$50M

#3,753 of 6,040 · mid-size

Return (1Y)

+13.0%

Track Record

2 years

#3,295 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,294+12.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Structured outcome

Index tracked

S&P 500 Index

Holdings

By weight

Concentration

Top 9 holdings = 100.0% of fundconcentrated

CBOE GLOBAL MARKETS, INC.SPY 12 C6.82
85.0%
CBOE GLOBAL MARKETS, INC.SPY 12 C6.82
14.8%
CBOE GLOBAL MARKETS, INC.SPY 12 P681.92
2.9%
(PIPA070) PGIM Core Government Money Market Fund
0.9%
CBOE GLOBAL MARKETS, INC.SPY 12 P681.92
0.5%
CBOE GLOBAL MARKETS, INC.SPY 12 P600.09
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 12 C777.05
-0.4%
CBOE GLOBAL MARKETS, INC.SPY 12 P600.09
-1.5%
CBOE GLOBAL MARKETS, INC.SPY 12 C777.05
-2.1%

Asset allocation

Stocks
99.3%
Cash
0.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.7%Low

Year-on-year price swings

Max drawdown
-12.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust up to a cap while providing a 12% downside buffer.
Strategy
Actively managed ETF that invests at least 80% of net assets in FLEX Options on the SPDR S&P 500 ETF Trust, providing a downside buffer against the first 12% of losses and upside participation up to a cap of 13.95%. Designed for investors holding shares through the entire Target Outcome Period.
Inception date
December 29, 2023
Fund family
PGIM

Next steps

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Data updated on 2026-09-18