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LADM vs PBFR

Pacer Swan SOS Laddered Moderate ETF

LADMCCboe

PGIM Laddered S&P 500 Buffer 20 ETF

PBFRBCboe

Overlap

Expense ratio

PBFR −0.09pt a year

LADM0.59%PBFR0.50%

Avg volume · 30D

PBFR 56.2×the volume

LADM778PBFR43.7K

LADM vs PBFR Performance

Aug 7, 2026 – Nov 9, 2026

+0.2%LADM+0.6%PBFR

Aug 7, 2026 to Nov 9, 2026. LADM +0.2%. PBFR +0.6%. Use the arrow keys to read each point.−1%−0.5%1%1.5%Aug 2026Sep 2026Nov 2026
Expense ratio
LADM 0.59%
PBFR 0.50%, better
Fund size
LADM $2M
PBFR $246M
1Y total return
LADM No data
PBFR +9.0%
Yield (12M)
LADM No data
PBFR 0.01%
Holdings
LADM 13
PBFR 14
Avg volume (30D)
LADM 778 sh
PBFR 43.7K sh, better
NAV per share
LADM $32.39
PBFR $30.91
52W range

ETF.net Grade

LADM: Cost 71, Risk 59, Mission not scored, Tradability 40, Holdings 71, Durability 11. PBFR: Cost 85, Risk 74, Mission not scored, Tradability 41, Holdings 71, Durability 52.
Pillar letters and Scores for LADM, PBFR, with each pillar’s weight
PillarLADMPBFR
Cost30% weightA71A85Higher
Mission25% weightNot scoredNot scored
Risk15% weightB59A74Higher
Tradability15% weightC40C41Higher
Holdings10% weightA71A71
Durability5% weightF11C52Higher

Rank among S&P 500 Laddered Buffer funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. LADM and PBFR 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 ›

PBFR ranks 1st 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 12CBUFZFT Vest Laddered Moderate Buffer ETFScore 49
  4. Rank 14CLADMPacer Swan SOS Laddered Moderate ETFScore 40
  5. Rank 15DBFEWFT Vest Laddered U.S. Equity Equal Weight Buffer ETFScore 35

Our read on each fund

ETF.net Research

LADMCPacer Swan SOS Laddered Moderate ETF

PBFRBPGIM Laddered S&P 500 Buffer 20 ETF

In short

LADM No data

PBFR Most buffer ETFs make you pick a start month. PBFR skips that: one ticker holding twelve monthly vintages of PGIM's 20% S&P 500 buffer funds, so caps and buffers are staggered across the calendar.

Stated mandate

LADM No data

PBFR The Fund seeks capital appreciation through U.S. large-cap equity exposure obtained through a laddered portfolio of twelve PGIM S&P 500 Buffer 20 ETFs, each intended to limit downside risk.

Why people hold it

LADM No data

  • PBFR At 0.50%, it prices below the typical 20%-buffer fund in its group, and ranks among the stronger implementations in that group.
  • One ticker does the ladder work: twelve underlying PGIM Buffer 20 ETFs, rebalanced back to equal weight (8 1/3% each) quarterly as caps reset.pgim.com
  • Each underlying fund aims to absorb the first 20% of SPY's price decline over a one-year outcome period, in exchange for an upside cap.pgim.com
  • Launched in 2024 and stocked entirely with PGIM's own monthly Buffer 20 funds, so one manager runs the whole chain.pgim.com

Worth knowing

LADM No data

  • PBFR You hold a blend, not one vintage, so no single stated buffer or cap applies to your position at any given moment.pgim.com
  • The 20% buffer is measured before fees and expenses and covers only the first 20% of SPY's drop; deeper declines come through.pgim.com
  • A fund of funds in a niche corner: the underlying ETFs' fees flow through pro rata, and it trades less actively than the category's biggest names.pgim.com

Full LADM profile⁠

Full PBFR profile⁠

LADM vs PBFR 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.

LADM vs PBFR Cost

Overpaying LADM vs PBFR

$1,656

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

  • LADM 0.59%

    $11,635

  • PBFR 0.50%

    $9,979

$10,000
30 years

Cost over time

  • LADM 0.59%
  • PBFR 0.50%
  • 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 $11,635PBFR $9,979

Year by year

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

Expense ratio

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

PBFR 2nd cheapest of 18 funds

LADM 6th cheapest of 18 funds

LADM vs PBFR Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
LADM No data
PBFR 0.01%
Payout (12M)
LADM None
PBFR $0.0025
Last payment
LADM No data
PBFR $0.0025
Ex-dividend
LADM No data
PBFR Dec 30, 2025
Paid on
LADM No data
PBFR Jan 2, 2026
Frequency
LADM No data
PBFR Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

LADMAll LADM payments⁠

No distribution history available.

PBFRIrregular · 2 paymentsAll PBFR payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 27, 2024 $0.0036; Dec 30, 2025 $0.0025. Use the arrow keys to read each point.$0$0.00252026YTD

LADM vs PBFR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
LADM No dataPBFR 4.2%since Jul 2024
Return per unit of riskSharpe ratio, 3 years
LADM No dataPBFR 1.22since Jul 2024
Worst fallMax drawdown, 5 years
LADM No dataPBFR −8.5%since Jun 2024
Market sensitivityBeta, 5 years
LADM 0.28PBFR 0.34

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