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BUFP vs LADM

PGIM Laddered S&P 500 Buffer 12 ETF

BUFPBCboe

Pacer Swan SOS Laddered Moderate ETF

LADMCCboe

Overlap

Expense ratio

BUFP −0.09pt a year

BUFP0.50%LADM0.59%

Avg volume · 30D

BUFP 93.5×the volume

BUFP72.7KLADM778

BUFP vs LADM Performance

Aug 7, 2026 – Nov 9, 2026

+0.1%BUFP+0.2%LADM

Aug 7, 2026 to Nov 9, 2026. BUFP +0.1%. LADM +0.2%. Use the arrow keys to read each point.−1.5%−1%1%1.5%Aug 2026Sep 2026Nov 2026
Expense ratio
BUFP 0.50%, better
LADM 0.59%
Fund size
BUFP $336M
LADM $2M
1Y total return
BUFP +11.1%
LADM No data
Yield (12M)
BUFP 0.01%
LADM No data
Holdings
BUFP 14
LADM 13
Avg volume (30D)
BUFP 72.7K sh, better
LADM 778 sh
NAV per share
BUFP $32.21
LADM $32.39
52W range

ETF.net Grade

BUFP: Cost 85, Risk 53, Mission not scored, Tradability 48, Holdings 71, Durability 58. LADM: Cost 71, Risk 59, Mission not scored, Tradability 40, Holdings 71, Durability 11.
Pillar letters and Scores for BUFP, LADM, with each pillar’s weight
PillarBUFPLADM
Cost30% weightA85HigherA71
Mission25% weightNot scoredNot scored
Risk15% weightC53B59Higher
Tradability15% weightC48HigherC40
Holdings10% weightA71A71
Durability5% weightB58HigherF11

Rank among S&P 500 Laddered Buffer funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BUFP and LADM are both graded against the same 18 S&P 500 Laddered Buffer funds, so their Grades compare head to head.

S&P 500 Laddered Buffer⁠

Category · 18 funds
See all 18 ›

BUFP ranks 2nd and LADM 14th of 18 funds in the S&P 500 Laddered Buffer Category.

  1. Rank 1BPBFRPGIM Laddered S&P 500 Buffer 20 ETFScore 69
  2. Rank 2BBUFPPGIM Laddered S&P 500 Buffer 12 ETFScore 67
  3. Rank 3BIVVMiShares Large Cap Moderate Quarterly Laddered ETFScore 65
  4. Rank 12CBUFZFT Vest Laddered Moderate Buffer ETFScore 49
  5. Rank 14CLADMPacer Swan SOS Laddered Moderate ETFScore 40
  6. Rank 15DBFEWFT Vest Laddered U.S. Equity Equal Weight Buffer ETFScore 35

Our read on each fund

ETF.net Research

BUFPBPGIM Laddered S&P 500 Buffer 12 ETF

LADMCPacer Swan SOS Laddered Moderate ETF

In short

BUFP Most buffer funds make you pick a start month and live with it. BUFP skips the choice: it owns twelve PGIM S&P 500 Buffer 12 ETFs, one per calendar month, so part of the ladder resets on a rolling basis.

LADM No data

Stated mandate

BUFP The Fund seeks capital appreciation through U.S. large-cap equity exposure obtained via a laddered portfolio of twelve PGIM US Large-Cap Buffer 12 ETFs. The underlying ETFs seek limited downside protection and capped upside over a specified period, while the Fund itself has no stated buffer.

LADM No data

Why people hold it

  • BUFP Twelve underlying buffer ETFs, one for each month, spread the entry point instead of locking everything to a single outcome period and a single cap.pgim.com
  • Each underlying ETF targets a buffer against the first 12% (before fees) of SPY's price-return losses over a one-year period, paired with an upside cap.pgim.com
  • A 0.50% fee sits well under the 0.79% typical of buffer peers, and the package ranks among the stronger implementations in that group.

LADM No data

Worth knowing

  • BUFP The wrapper itself has no stated buffer. PGIM notes it likely won't get the full benefit of the underlying buffers, and their caps limit its upside.pgim.com
  • Small and thinly traded, so spreads can run wider than at the category's giants. Matters most on larger orders.
  • Live since 2024, so the record is short. PSFF, the other fund-of-buffer-ETFs in the group, carries a lower fee.

LADM No data

Full BUFP profile⁠

Full LADM profile⁠

BUFP vs LADM Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BUFP vs LADM Cost

Overpaying LADM vs BUFP

$1,656

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

  • BUFP 0.50%

    $9,979

  • LADM 0.59%

    $11,635

$10,000
30 years

Cost over time

  • BUFP 0.50%
  • LADM 0.59%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530LADM $11,635BUFP $9,979

Year by year

YearBUFPLADMOverpaying
10$900$1,058$158
20$3,460$4,051$591
30$9,979$11,635$1,656

Expense ratio

  • 0.50%BUFP, cheaper
  • 0.59%LADM
  • Middle half of S&P 500 Laddered Buffer funds
  • Median 0.89%

BUFP 2nd cheapest of 18 funds

LADM 6th cheapest of 18 funds

BUFP vs LADM Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
BUFP 0.01%
LADM No data
Payout (12M)
BUFP $0.0024
LADM None
Last payment
BUFP $0.0024
LADM No data
Ex-dividend
BUFP Dec 30, 2025
LADM No data
Paid on
BUFP Jan 2, 2026
LADM No data
Frequency
BUFP Irregular
LADM No data

Distribution history

Per share, 2024 to 2026, same scale for both

BUFPIrregular · 2 paymentsAll BUFP payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 27, 2024 $0.0047; Dec 30, 2025 $0.0024. Use the arrow keys to read each point.$0$0.0052026YTD
LADMAll LADM payments⁠

No distribution history available.

BUFP vs LADM Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BUFP 6.0%since Jul 2024LADM No data
Return per unit of riskSharpe ratio, 3 years
BUFP 1.21since Jul 2024LADM No data
Worst fallMax drawdown, 5 years
BUFP −12.0%since Jun 2024LADM No data
Market sensitivityBeta, 5 years
BUFP 0.50LADM 0.28

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