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PQJA vs QJUN

PGIM Nasdaq-100 Buffer 12 ETF - January

PQJABNasdaq

FT Vest Nasdaq-100 Buffer ETF - June

QJUNCCboe

Overlap

0.0%by weight

Expense ratio

PQJA −0.40pt a year

PQJA0.50%QJUN0.90%

Avg volume · 30D

QJUN 10.2×the volume

PQJA5.11KQJUN52.1K

PQJA vs QJUN Performance

Oct 31, 2025 – Oct 30, 2026

+12.5%PQJA+3.9%QJUN

Oct 31, 2025 to Oct 30, 2026. PQJA +12.5%. QJUN +3.9%. Use the arrow keys to read each point.0%10%15%Oct 2025Apr 2026Oct 2026
Expense ratio
PQJA 0.50%, better
QJUN 0.90%
Fund size
PQJA $35M
QJUN $721M
1Y total return
PQJA +12.5%, better
QJUN +3.9%
Holdings
PQJA 4
QJUN 3
Avg volume (30D)
PQJA 5.11K sh
QJUN 52.1K sh, better
NAV per share
PQJA $32.65
QJUN $32.72
52W range

ETF.net Grade

PQJA: Cost 76, Risk 62, Mission not scored, Tradability 39, Holdings not scored, Durability 49. QJUN: Cost 15, Risk 41, Mission not scored, Tradability 81, Holdings 56, Durability 87.
Pillar letters and Scores for PQJA, QJUN, with each pillar’s weight
PillarPQJAQJUN
Cost30% weightA76HigherF15
Mission25% weightNot scoredNot scored
Risk15% weightB62HigherC41
Tradability15% weightD39A81Higher
Holdings10% weightNot scoredB56
Durability5% weightC49A87Higher

Rank among Nasdaq-100 Buffer 9-12% funds

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

Same Category. PQJA and QJUN are both graded against the same 12 Nasdaq-100 Buffer 9-12% funds, so their Grades compare head to head.

Nasdaq-100 Buffer 9-12%⁠

Category · 12 funds
See all 12 ›

PQJA ranks 2nd and QJUN 9th of 12 funds in the Nasdaq-100 Buffer 9-12% Category.

  1. Rank 1BPQAPPGIM Nasdaq-100 Buffer 12 ETF - AprilScore 66
  2. Rank 2BPQJAPGIM Nasdaq-100 Buffer 12 ETF - JanuaryScore 62
  3. Rank 2BQTRGlobal X Nasdaq 100 Tail Risk ETFScore 62
  4. Rank 8CQDECFT Vest Nasdaq-100 Buffer ETF - DecemberScore 44
  5. Rank 9CQJUNFT Vest Nasdaq-100 Buffer ETF - JuneScore 43
  6. Rank 10CDDNQInnovator Growth-100 Dual Directional 5 Buffer ETFScore 42

Our read on each fund

ETF.net Research

PQJABPGIM Nasdaq-100 Buffer 12 ETF - January

QJUNCFT Vest Nasdaq-100 Buffer ETF - June

In short

PQJA A one-year seatbelt on the Nasdaq-100: PQJA absorbs the first 12% of price losses on the index's flagship ETF and gives up gains above a cap in exchange. A deeper cushion than most of its buffer peers, at 0.50% a year.

QJUN One of four First Trust Nasdaq-100 buffer funds, each keyed to a different quarter. QJUN's clock runs June to June: the first 10% of a QQQ decline is absorbed, and upside stops at a cap that resets every June.

Stated mandate

PQJA The Fund seeks to match QQQ’s price return up to a predetermined cap while buffering the first 12% of QQQ losses over a one-year target outcome period.

QJUN The Fund seeks to match the price return of the Invesco QQQ Trust, Series 1 up to a 24.97% upside cap while protecting against the first 10% of losses during the June 22, 2026–June 17, 2027 outcome period.

Why people hold it

  • PQJA Cushions the first 12% of the tracked Nasdaq-100 ETF's price losses over each one-year outcome period, deeper than the 10-point buffer on Innovator's QBUF.pgim.com
  • Charges 0.50% a year against a 0.79% median for its Nasdaq-100 buffer cohort, where QBUF sits at 0.79%.
  • January is one of four PGIM Nasdaq-100 buffer funds on a quarterly calendar (PQAP, PQJL, PQOC), so outcome periods aren't tied to a single start month.
  • Launched in 2024 and rated in the upper half of its shallow-buffer Nasdaq-100 group on our review.
  • QJUN The terms are a contract, not a hope: a 10% buffer against QQQ losses and a stated cap, both fixed for a June-to-June outcome period, so the shape of the trade is known up front.ftportfolios.com
  • Siblings QMAR, QSPT and QDEC run the same design on different quarters, so the strategy can be laddered across start dates instead of hinging on one June entry point.
  • Running since 2021 with a few hundred million in assets and regular daily volume, it is an established name in a category full of thinly used launches.

Worth knowing

  • PQJA Upside stops at a cap that resets with each new one-year period, and the mandate follows price return, so index dividends aren't part of the payoff.
  • The 12% buffer and the cap are measured across a full outcome period. Buy partway through and your effective cushion and ceiling differ from the headline terms.pgim.com
  • A small, thinly traded fund next to the largest buffer products, which can show up as wider bid-ask spreads.
  • QJUN At 0.90% it sits above the typical Nasdaq-100 buffer fund near 0.79%, and cheaper takes exist: QBUF at 0.79%, PQAP at 0.50%, QTR at 0.25%.
  • The reference is QQQ's price return, so Nasdaq-100 dividends are outside the deal.
  • Buying mid-period is a different trade: buffer left and room to the cap depend on where QQQ has moved since the June reset, not on the headline terms.ftportfolios.com

Full PQJA profile⁠

Full QJUN profile⁠

PQJA vs QJUN Holdings

How PQJA and QJUN differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of PQJA and 0.0% of QJUN.

Level by level

  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for PQJA.

Country, concentration and asset class

Country by domicile

Country weights in PQJA and QJUN, widest gap first
CountryMore in PQJAMore in QJUN
United StatesSame weight
CanadaSame weight
NetherlandsPQJA +0.1 points
BrazilSame weight
ChinaSame weight
United KingdomSame weight

Concentration

Weight in the 10 largest Holdings

  • PQJA104.0%
  • QJUN105.1%

Securities held

  • PQJA3
  • QJUN2

Asset class

PQJA
Alternatives
QJUN
Multi-Asset

Holdings

  • Only in PQJA3
  • In both0
  • Only in QJUN2

Only in PQJA

3 securities, 100% of PQJA by weight

  • 4QQQ Us 12/31/26 C6.14102.94%
  • 4QQQ Us 12/31/26 P614.310.60%
  • Net Current Assets0.00%

Only in QJUN

2 securities, 100% of QJUN by weight

  • 2027-06-17 Invesco QQQ Trust, Series 1 C 7.4095.02%
  • 2027-06-17 Invesco QQQ Trust, Series 1 P 740.619.07%

Weight gaps

PQJA and QJUN share no securities.

All PQJA holdings⁠All 4 QJUN 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.

PQJA vs QJUN Cost

Overpaying QJUN vs PQJA

$7,061

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

  • PQJA 0.50%

    $9,979

  • QJUN 0.90%

    $17,040

$10,000
30 years

Cost over time

  • PQJA 0.50%
  • QJUN 0.90%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530QJUN $17,040PQJA $9,979

Year by year

YearPQJAQJUNOverpaying
10$900$1,593$693
20$3,460$6,015$2,555
30$9,979$17,040$7,061

Expense ratio

  • 0.50%PQJA, cheaper
  • 0.90%QJUN
  • Middle half of Nasdaq-100 Buffer 9-12% funds
  • Median 0.79%

PQJA 2nd cheapest of 12 funds

QJUN 9th cheapest of 12 funds

PQJA vs QJUN Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
PQJA No data
QJUN None
Last payment
PQJA $0.0015
QJUN No data
Ex-dividend
PQJA Dec 30, 2025
QJUN No data
Paid on
PQJA Jan 2, 2026
QJUN No data
Frequency
PQJA Irregular
QJUN No data

Distribution history

Per share, 2025 to 2026, same scale for both

PQJAIrregular · 1 paymentAll PQJA payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.0015. Use the arrow keys to read each point.$0$0.0012026YTD
QJUNAll QJUN payments⁠

No distribution history available.

PQJA vs QJUN Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
PQJA 10.0%since Feb 2025QJUN 9.9%
Return per unit of riskSharpe ratio, 3 years
PQJA 0.99since Feb 2025QJUN 1.01
Worst fallMax drawdown, 5 years
PQJA −14.7%since Jan 2025QJUN −19.9%
Market sensitivityBeta, 5 years
PQJA 0.74QJUN 0.71

PQJA and QJUN in the news

All news⁠

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