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PBQQPGIM Laddered Nasdaq-100 Buffer 12 ETF

Stay safeGrow my money1y track recordRanked #128 of 357 in this goal

Seeks capital appreciation.

By PGIM · Launched 2024

Annual Cost

0.50%

#2,660 of 5,854 · average

Fund Size

$64M

#3,410 of 5,854 · mid-size

Dividend YieldGoal

0.01%

Track Record

1 year

#3,961 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,416+14.2%

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

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 5 holdings = 100.5% of fundconcentrated

PGIM Rock ETF Trust
25.0%
PGIM Rock ETF Trust
25.0%
PGIM Rock ETF Trust
25.0%
PGIM Rock ETF Trust
25.0%
(PIPA070) PGIM Core Government Money Market Fund
0.5%

Asset allocation

Stocks
99.1%
Cash
0.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
7.8%Low

Year-on-year price swings

Max drawdown
-12.9%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
NASDAQ Global Select Market

Full fund details

Objective
Seeks capital appreciation.
Strategy
Provides exposure to large-cap non-financial companies in the Nasdaq-100 Index through a laddered portfolio of Underlying ETFs, aiming to limit downside risk while capturing upside potential. The Fund invests at least 80% of its net assets in these ETFs, which offer downside protection and caps on capital appreciation over specific periods.
Inception date
December 27, 2024
Fund family
PGIM

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

You can build this cheaper yourself

Defined-outcome funds cap your gains (often 8% to 20%) in exchange for cushioning losses by 9% to 30%, priced with options. The fee runs about 0.70% or more, against 0.03% to 0.10% for a plain index fund. For most investors, a simple stock-and-bond mix gives similar protection for far less.

Sources: Morningstar, 'Buffer Funds Are on the Rise, but They May Not Make Sense for Most Investors' (2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03