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ONEZ vs PBFR

TrueShares Seasonality Laddered Buffered ETF

ONEZDCboe

PGIM Laddered S&P 500 Buffer 20 ETF

PBFRBCboe

Overlap

0.0%by weight

Expense ratio

PBFR −0.46pt a year

ONEZ0.96%PBFR0.50%

Avg volume · 30D

PBFR 1.5×the volume

ONEZ32.6KPBFR48.7K

ONEZ vs PBFR Performance

Oct 31, 2025 – Oct 30, 2026

+6.6%ONEZ+8.4%PBFR

Oct 31, 2025 to Oct 30, 2026. ONEZ +6.6%. PBFR +8.4%. Use the arrow keys to read each point.−5%−2.5%0%2.5%Oct 2025Apr 2026Oct 2026
Expense ratio
ONEZ 0.96%
PBFR 0.50%, better
Fund size
ONEZ $355M
PBFR $244M
1Y total return
ONEZ +6.6%
PBFR +8.4%, better
Yield (12M)
ONEZ No data
PBFR 0.01%
Holdings
ONEZ 16
PBFR 14
Avg volume (30D)
ONEZ 32.6K sh
PBFR 48.7K sh, better
NAV per share
ONEZ $28.07
PBFR $31.47
52W range

ETF.net Grade

ONEZ: Cost 24, Risk 12, Mission not scored, Tradability 29, Holdings 89, Durability 44. PBFR: Cost 85, Risk 69, Mission not scored, Tradability 41, Holdings 71, Durability 53.
Pillar letters and Scores for ONEZ, PBFR, with each pillar’s weight
PillarONEZPBFR
Cost30% weightF24A85Higher
Mission25% weightNot scoredNot scored
Risk15% weightF12B69Higher
Tradability15% weightD29C41Higher
Holdings10% weightA89HigherA71
Durability5% weightC44C53Higher

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. ONEZ 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 2nd and ONEZ 17th of 18 funds in the S&P 500 Laddered Buffer Category.

  1. Rank 1BBUFPPGIM Laddered S&P 500 Buffer 12 ETFScore 69
  2. Rank 2BPBFRPGIM Laddered S&P 500 Buffer 20 ETFScore 68
  3. Rank 3BALDBAptus Laddered Deep Buffer ETFScore 65
  4. Rank 16DBFEWFT Vest Laddered U.S. Equity Equal Weight Buffer ETFScore 35
  5. Rank 17DONEZTrueShares Seasonality Laddered Buffered ETFScore 32
  6. Rank 18DBUFGFT Vest Buffered Allocation Growth ETFScore 27

Our read on each fund

ETF.net Research

ONEZDTrueShares Seasonality Laddered Buffered ETF

PBFRBPGIM Laddered S&P 500 Buffer 20 ETF

In short

ONEZ 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

ONEZ 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

ONEZ 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

ONEZ 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 ONEZ profile⁠

Full PBFR profile⁠

ONEZ vs PBFR Holdings

How ONEZ and PBFR differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of ONEZ and 0.0% of PBFR.

Level by level

  • Asset classEquity, Alternatives0.0%
  • Holdings0 in both0.0%
  • Sector11 Sectors97.2%
  • Countryby domicile100%

Sector

Sector weights in ONEZ and PBFR, widest gap first
SectorMore in ONEZMore in PBFR
TechnologyPBFR +2.2 points
FinancialsONEZ +1.0 points
IndustrialsONEZ +0.6 points
Consumer DiscretionaryONEZ +0.4 points
CommunicationPBFR +0.3 points
UtilitiesONEZ +0.3 points
Consumer StaplesONEZ +0.3 points
Real EstateONEZ +0.2 points
Health CarePBFR +0.2 points
MaterialsONEZ +0.1 points
EnergySame weight

Country, concentration and asset class

Country by domicile

Country weights in ONEZ and PBFR, widest gap first
CountryMore in ONEZMore in PBFR
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • ONEZ77.0%
  • PBFR83.3%

Securities held

  • ONEZ16
  • PBFR13

Asset class

ONEZ
Equity
PBFR
Alternatives

Holdings

  • Only in ONEZ16
  • In both0
  • Only in PBFR13

Only in ONEZ

16 securities, 100% of ONEZ by weight

  • TrueShares Structured Outcome November7.85%
  • TrueShares Structured Outcome May7.83%
  • TrueShares Structured Outcome March7.78%

Only in PBFR

13 securities, 100% of PBFR by weight

  • Pgim S&P 500 Buffer 20 Etf - July8.35%
  • Pgim S&P 500 Buffer 20 Etf - November8.34%
  • Pgim S&P 500 Buffer 20 Etf - January8.33%

Weight gaps

ONEZ and PBFR share no securities.

All 16 ONEZ holdings⁠All 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.

ONEZ vs PBFR Cost

Overpaying ONEZ vs PBFR

$8,055

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

  • ONEZ 0.96%

    $18,034

  • PBFR 0.50%

    $9,979

$10,000
30 years

Cost over time

  • ONEZ 0.96%
  • PBFR 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530ONEZ $18,034PBFR $9,979

Year by year

YearONEZPBFROverpaying
10$1,695$900$795
20$6,383$3,460$2,923
30$18,034$9,979$8,055

Expense ratio

  • 0.96%ONEZ
  • 0.50%PBFR, cheaper
  • Middle half of S&P 500 Laddered Buffer funds
  • Median 0.89%

PBFR 2nd cheapest of 18 funds

ONEZ 16th cheapest of 18 funds

ONEZ vs PBFR Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ONEZ No data
PBFR 0.01%
Payout (12M)
ONEZ No data
PBFR $0.0025
Last payment
ONEZ $1.03
PBFR $0.0025
Ex-dividend
ONEZ Dec 24, 2025
PBFR Dec 30, 2025
Paid on
ONEZ Dec 26, 2025
PBFR Jan 2, 2026
Frequency
ONEZ Irregular
PBFR Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

ONEZIrregular · 1 paymentAll ONEZ payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 24, 2025 $1.03. Use the arrow keys to read each point.$0$12026YTD
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$12026YTD

ONEZ vs PBFR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ONEZ 8.9%since Feb 2025PBFR 4.2%since Jul 2024
Return per unit of riskSharpe ratio, 3 years
ONEZ 0.54since Feb 2025PBFR 1.22since Jul 2024
Worst fallMax drawdown, 5 years
ONEZ −13.2%since Jan 2025PBFR −8.5%since Jun 2024
Market sensitivityBeta, 5 years
ONEZ 0.71PBFR 0.34

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