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MAYPPGIM S&P 500 Buffer 12 ETF - May

Stay safeGrow my money2y track recordRanked #217 of 387 in this goal

Seeks to provide returns that match the price return of the SPDR S&P 500 ETF Trust with a 12% downside buffer over the one-year Target Outcome Period.

By PGIM · Launched 2024

Annual Cost

0.50%

#2,766 of 6,040 · average

Fund Size

$29M

#4,304 of 6,040 · small

Return (1Y)

+10.0%

Track Record

2 years

#3,469 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,002+10.0%

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

X-CHANGE FINANCIAL ACCESS LLCSPY 4 C5.55
111.2%
(PIPA070) PGIM Core Government Money Market Fund
0.7%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 P554.54
0.0%
OLD MISSION MARKETS LLCSPY 4 P554.54
0.0%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 P554.54
0.0%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 P488
0.0%
OLD MISSION MARKETS LLCSPY 4 C642.71
-0.5%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 C642.71
-4.5%
X-CHANGE FINANCIAL ACCESS LLCSPY 4 C642.71
-6.9%

Asset allocation

Stocks
99.2%
Cash
0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.6%Low

Year-on-year price swings

Max drawdown
-11.1%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 with a 12% downside buffer over the one-year Target Outcome Period.
Strategy
Actively managed ETF that invests primarily in FLEX Options on the SPDR S&P 500 ETF Trust, providing a downside buffer against the first 12% of losses and an upside cap of 14.86%. Aims to match the price return of the Underlying ETF while managing risk through options contracts.
Inception date
April 30, 2024
Fund family
PGIM

Next steps

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Data updated on 2026-09-18