Skip to content
etf.net

Launched

PGIM Laddered Nasdaq-100 Buffer 12 ETF

PBQQNasdaqPGIMGrades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.

$31.22−0.24 (−0.77%)

At close: Nov 2, 2026, 4:00 PM ET

Too few comparable funds to grade fairly
Intraday session: down, 79 prints from 31.46 to 31.22. Range 31.22 to 31.69. Use the arrow keys to read each point.31.3031.4031.6031.7010 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$99M
1Y total return
+10.4%
Yield · Last 12 months
No data
Holdings
7
Avg volume · 30D
21.4K sh
52W range
low $27.77high $32.86
Launched

The ETF.net PBQQ Grade

—

Too few comparable funds to grade fairly

Grades compare a fund with genuinely similar funds. This fund's comparison group currently has too few members for a fair comparison, so no letter is published.

Our read on PBQQ

ETF.net Research

In short

Most buffer funds make you pick a start date. PBQQ holds four PGIM Nasdaq-100 buffer ETFs on staggered quarterly schedules, so one ticker spreads your entry across the calendar instead of betting on a single day.

Stated mandate

The Fund seeks capital appreciation by providing exposure to stocks in the Nasdaq-100 Index through a rolling ladder of four PGIM Nasdaq-100 Buffer 12 ETFs intended to limit downside risk.

Why people hold it

  • Cheapest in its buffered-Nasdaq peer group at 0.50%, versus a 0.79% cohort median and the 0.69% Calamos (CPNS, CPNJ) and 0.79% Innovator (NJUL) options.
  • One ticker, four staggered outcome periods. A sleeve resets each quarter, so no single day's cap and buffer sets the terms for the whole position.businesswire.com
  • The ladder is rebalanced back to equal weight quarterly, keeping the four start dates evenly represented rather than letting one drift dominant.businesswire.com
  • Stands among the strongest builds in the buffered Nasdaq-100 group we track, with cost doing much of the heavy lifting.

Worth knowing

  • The buffers and caps sit inside the underlying funds and apply across each one-year period, so mid-period value can trade outside those lines.businesswire.com
  • Thinly traded next to plain Nasdaq-100 funds, so spreads carry more weight at the moment you transact.
  • Launched at the end of 2024, so the record is short and covers one stretch of market weather.

PBQQ Holdings

Asset class
Other
Holdings
7
Top-10 weight
100%
Largest holding
PQAP25.1%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1PQAPPgim NASDAQ-100 Buffer 12 Etf - April25.06%755,650$24.9M1
2PQJAPgim NASDAQ-100 Buffer 12 Etf - January25.03%761,828$24.9M1
3PQOCPgim NASDAQ-100 Buffer 12 Etf - October24.94%778,227$24.8M1
4PQJLPgim NASDAQ-100 Buffer 12 Etf - July24.91%796,853$24.8M1
5No data(PIPA070) PGIM Core Government Money Market Fund0.06%56,175$56.2K70
6No dataUS Dollar<0.01%1,269$1.27K408
7No dataNet Current Assets0.00%6$6.11136

Showing 1–7 of 7 holdings

PBQQ Performance

Launched Dec 27, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PBQQ$11,044
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PBQQ $11,044. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PBQQ. Periods over one year show the average yearly return.
PeriodPBQQ
Year to date+9.1%
1 month−2.9%
3 months+1.4%
1 year+10.4%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PBQQ
YearReturn barPBQQ
2026 YTD+9.1%
2025+15.5%

History from Jan 2, 2025

PBQQ in the news

PBQQ Dividends

Last payment
$0.0042 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.0042. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.0042

$10,000 in PBQQ 1 year ago paid $1.47 in dividends.

PBQQ Risk

How much the fund’s monthly returns vary, scaled to a year.
9.1%
Annualised · 21 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.97
vs 3-month T-bills · 21 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−12.9%
21 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.64
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PBQQ Cost

Compare PBQQ and QQHG

Overpaying vs QQHG, cheapest in Nasdaq-100 Buffer

$938

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PBQQ 0.50%

    $9,979

  • QQHG 0.45% Cheapest

    $9,041

$10,000
30 years

Cost over time

  • PBQQ 0.50%
  • QQHG 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PBQQ $9,979QQHG $9,041

Year by year

YearPBQQQQHGOverpaying
10$900$812$88
20$3,460$3,128$332
30$9,979$9,041$938