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PBDEPGIM S&P 500 Buffer 20 ETF - December

Stay safeGrow my money2y track recordRanked #189 of 387 in this goal

Seeks to provide returns matching the price return of the SPDR S&P 500 ETF Trust with a 20% 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

$37M

#4,055 of 6,040 · small

Return (1Y)

+11.0%

Track Record

2 years

#3,514 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$11,104+11.0%

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

CBOE GLOBAL MARKETS, INC.SPY 11 C6.83
90.8%
CBOE GLOBAL MARKETS, INC.SPY 11 C6.83
9.3%
CBOE GLOBAL MARKETS, INC.SPY 11 P683.39
2.8%
(PIPA070) PGIM Core Government Money Market Fund
0.7%
CBOE GLOBAL MARKETS, INC.SPY 11 P683.39
0.3%
CBOE GLOBAL MARKETS, INC.SPY 11 P546.71
-0.1%
CBOE GLOBAL MARKETS, INC.SPY 11 C759.38
-0.3%
CBOE GLOBAL MARKETS, INC.SPY 11 P546.71
-0.8%
CBOE GLOBAL MARKETS, INC.SPY 11 C759.38
-2.8%

Asset allocation

Stocks
99.4%
Cash
0.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
5.5%Low

Year-on-year price swings

Max drawdown
-8.7%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 matching the price return of the SPDR S&P 500 ETF Trust with a 20% 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 to provide a downside buffer against the first 20% of losses and upside participation up to a cap of 11.12%. The strategy targets returns based on the S&P 500 Index over the Target Outcome Period.
Inception date
May 23, 2024
Fund family
PGIM

Next steps

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Data updated on 2026-09-18