NOVPPGIM S&P 500 Buffer 12 ETF - Nov
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
$33M
#4,172 of 6,040 · small
Return (1Y)
+12.5%
Track Record
2 years
#3,507 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,252+12.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 9 holdings = 100.0% of fundconcentrated
CBOE GLOBAL MARKETS, INC.SPY 10 C6.82
78.6%
CBOE GLOBAL MARKETS, INC.SPY 10 C6.82
20.5%
CBOE GLOBAL MARKETS, INC.SPY 10 P682.06
2.2%
(PIPA070) PGIM Core Government Money Market Fund
0.6%
CBOE GLOBAL MARKETS, INC.SPY 10 P682.06
0.6%
CBOE GLOBAL MARKETS, INC.SPY 10 P600.21
-0.2%
CBOE GLOBAL MARKETS, INC.SPY 10 C786.62
-0.3%
CBOE GLOBAL MARKETS, INC.SPY 10 P600.21
-0.9%
CBOE GLOBAL MARKETS, INC.SPY 10 C786.62
-1.0%
Asset allocation
Stocks
99.4%
Cash
0.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
8.1%Low
Year-on-year price swings
Max drawdown
-10.8%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 provides a downside buffer against the first 12% of losses of the SPDR S&P 500 ETF Trust while matching its price return up to a cap of 15.33%. Invests primarily in FLEX Options referencing the Underlying ETF to achieve these outcomes.
- Inception date
- May 21, 2024
- Fund family
- PGIM
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Data updated on 2026-09-18