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Launched

PGIM Nasdaq-100 Buffer 12 ETF - July

PQJLNasdaqPGIMC

$29.18−1.24 (−4.09%)

At close: Nov 5, 2026, 4:00 PM ET

C53/ 100

Rank 5 of 12 in Nasdaq-100 Buffer 9-12%

C53/100Rank 5 of 12inNasdaq-100 Buffer 9-12%
Intraday session: down, 78 prints from 30.43 to 29.18. Range 29.18 to 30.05. Use the arrow keys to read each point.29.5029.7530.0030.2510 AM12 PM2 PM4 PM
Expense ratio
0.50%
Fund size
$28M
1Y total return
+1.8%
Yield · Last 12 months
No data
Holdings
5
Avg volume · 30D
5.67K sh
52W range
low $27.72high $32.25
Launched

The ETF.net PQJL Grade

Based on 4 of 6 pillars

C

Score 53 out of 100

Category
Nasdaq-100 Buffer 9-12%⁠
Rank
5 of 12
Six-pillar profile for PQJL. Scores out of 100: Cost 76, Risk 46, Mission not scored, Tradability 19, Holdings not scored, Durability 49. Strongest: Cost (76). Weakest: Tradability (19). Based on 4 of 6 pillars.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A76 out of 100
    Rank 2 of 12

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C46 out of 100
    Rank 8 of 12

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    F19 out of 100
    Rank 11 of 12

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C49 out of 100
    Rank 6 of 12

Our read on PQJL

ETF.net Research

In short

CThe July door into PGIM's Nasdaq-100 Buffer 12 series: QQQ's price return up to a cap, with the first 12% of QQQ's losses absorbed over a one-year outcome period, for 0.50% a year.

Stated mandate

The fund is designed to track QQQ's price return up to an upside cap while absorbing the first 12% of QQQ losses, before fees and expenses, over a one-year target outcome period.

Why people hold it

  • Costs 0.50% a year against a cohort median near 0.79% for Nasdaq-100 buffer funds. Innovator's QBUF charges 0.79% for a shallower cushion.pgim.com
  • The 12% buffer (before fees) sits at the deep end of the shallow-buffer Nasdaq group. Innovator's QBUF buffers 10% of the same reference exposure.pgim.com
  • One of four quarterly start dates in the same series (January, April, July, October), each with identical 12% terms and the same 0.50% fee.pgim.com

Worth knowing

  • Cap and buffer are struck for a one-year period starting in July. Buying mid-period means whatever cushion and cap remain, not the headline terms.pgim.com
  • Tracks QQQ's price return, so Nasdaq-100 dividends stay out, gains stop at the cap, and losses past the 12% cushion pass through.pgim.com
  • Among the smaller, thinly traded names in the buffer space, which can mean wider bid-ask spreads than mainstream index funds.

PQJL 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.
PQJL$10,179
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. PQJL $10,179. SPY $10,934. Use the arrow keys to read each point.$10,000$11,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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 PQJL. Periods over one year show the average yearly return.
PeriodPQJL
Year to date+0.6%
1 month−9.2%
3 months−5.5%
1 year+1.8%
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 PQJL
YearReturn barPQJL
2026 YTD+0.6%
2025+16.1%

History from Jan 2, 2025

PQJL in the news

PQJL Dividends

Last payment
$0.0017 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 $0.0017. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.0017

$10,000 in PQJL 1 year ago paid $0.60 in dividends.

PQJL Risk

Risk pillarC46 out of 100Rank 8 of 12 in Nasdaq-100 Buffer 9-12%
How much the fund’s monthly returns vary, scaled to a year.
9.9%
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.
0.69
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.
−12.3%
22 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.

PQJL Cost

Compare PQJL and QTR

Overpaying vs QTR, cheapest in Nasdaq-100 Buffer 9-12%

$4,820

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

  • PQJL 0.50%

    $9,979

  • QTR 0.25% Cheapest

    $5,159

$10,000
30 years

Cost over time

  • PQJL 0.50%
  • QTR 0.25%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530PQJL $9,979QTR $5,159

Year by year

YearPQJLQTROverpaying
10$900$455$445
20$3,460$1,769$1,691
30$9,979$5,159$4,820

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