PGIM US Large-Cap Buffer 12 ETF - April (APRP) Performance
APRP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +12.5% since Dec 31, 2025
- 1 year
- +14.6% total return
- Since first price
- +33.7% since 2024
APRP trailing returns vs SPY, QQQ, AGG
| Period | APRP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.1% | +0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.8% | +2.8% | +3.2% | +1.9% | −0.4% |
| 6 months | +5.4% | +5.4% | +7.8% | +8.4% | −1.5% |
| YTD | +12.5% | +12.5% | +12.3% | +15.1% | −1.0% |
| 1 year | +14.6% | +14.6% | +14.4% | +15.9% | −1.1% |
| Since inceptionApr 1, 2024 | +33.7% | +33.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: APRP vs SPY
From Apr 1, 2024: APRP grew to $13,372, SPY to $14,984.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
APRP returns by calendar year
1 of 1 full years positive. Best 2025 (+7.8%), worst 2025 (+7.8%). 2026 is year to date.
APRP annual returns table
| Year | APRP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +12.5% | −6.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −13.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
APRP largest drawdowns
Now 0.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −13.7% | Apr 8, 2025 | Jul 28, 2025 | 48 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
APRP risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +13.7% |
| Volatility (annualized) | 6.3% |
| Sharpe ratio | 1.42 |
| Sortino ratio | 2.43 |
| Best month | +5.5% |
| Worst month | −5.1% |
| Best 12 months | +20.6% |
| Worst 12 months | +5.6% |
| Positive months | 83% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
APRP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 19 | +5.6% | +8.6% | +20.6% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
APRP performance overview
PGIM US Large-Cap Buffer 12 ETF - April (APRP) returned +14.6% over the past year, with distributions reinvested. Since its first recorded price on Apr 1, 2024 it has returned +33.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −13.7%, from Feb 19, 2025 to Apr 8, 2025, and it took 4 months to get back to the old high. Volatility has been 6.3% a year.
Related: APRP chart. See the APRP overview for the latest quote and fund facts.
APRP performance FAQ
What is the APRP return over the past year?
APRP returned +14.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 14.6%.
How much would $10,000 invested in APRP be worth?
$10,000 invested in APRP at its first recorded close on April 1, 2024 would be worth about $13,372 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of APRP?
The largest peak-to-trough decline was −13.7% between February 19, 2025 and April 8, 2025. It recovered to the old high on July 28, 2025, 4 months after the bottom.
How volatile is APRP?
Over the past history APRP had an annualized volatility of 6.3% and a Sharpe ratio of 1.42 (excess return over 1–3 month T-bills per unit of risk).