PQOCPGIM Nasdaq-100 Buffer 12 ETF - October
Seeks to provide returns that match the price return of the Invesco QQQ Trust up to a cap while providing a downside buffer against the first 12% of losses.
By PGIM · Launched 2024
0.50%
#2,660 of 5,854 · average
$19M
#4,495 of 5,854 · small
0.00%
1 year
#3,961 of 5,854 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 104.9% of fundconcentrated
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks to provide returns that match the price return of the Invesco QQQ Trust up to a cap while providing a downside buffer against the first 12% of losses.
- Strategy
- Actively managed ETF that invests at least 80% of net assets in investments providing exposure to the Nasdaq-100 Index. Seeks to provide a limited buffer against the first 12% of losses and upside participation up to a cap of 16.25%.
- Inception date
- December 27, 2024
- Fund family
- PGIM
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
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 2026-08-04