PGIM Laddered Fund of Buffer 20 ETF (PBFR) Performance
PBFR total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.0% since Dec 31, 2025
- 1 year
- +8.9% total return
- Since first price
- +24.8% since 2024
PBFR trailing returns vs SPY, QQQ, AGG
| Period | PBFR total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | 0.0% | 0.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.2% | +2.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.4% | +4.4% | +7.8% | +8.4% | −1.5% |
| YTD | +7.0% | +7.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +8.9% | +8.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionJun 13, 2024 | +24.8% | +24.7% | — | — | — |
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: PBFR vs SPY
From Jun 13, 2024: PBFR grew to $12,477, SPY to $14,424.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PBFR returns by calendar year
1 of 1 full years positive. Best 2025 (+10.4%), worst 2025 (+10.4%). 2026 is year to date.
PBFR annual returns table
| Year | PBFR | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.0% | −2.8% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.4% | −8.5% | +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.
PBFR risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +10.0% |
| Volatility (annualized) | 4.2% |
| Sharpe ratio | 1.32 |
| Sortino ratio | 2.60 |
| Best month | +3.8% |
| Worst month | −2.1% |
| Best 12 months | +15.3% |
| Worst 12 months | +9.1% |
| Positive months | 81% |
| 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.
PBFR rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 17 | +8.6% | +10.2% | +15.3% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
PBFR performance overview
PGIM Laddered Fund of Buffer 20 ETF (PBFR) returned +8.9% over the past year, with distributions reinvested. Since its first recorded price on Jun 13, 2024 it has returned +24.8%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: PBFR chart, PBFR holdings, PBFR dividends. See the PBFR overview for the latest quote and fund facts.
PBFR performance FAQ
What is the PBFR return over the past year?
PBFR returned +8.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 8.9%.
How much would $10,000 invested in PBFR be worth?
$10,000 invested in PBFR at its first recorded close on June 13, 2024 would be worth about $12,477 on October 23, 2026 with distributions reinvested.
How volatile is PBFR?
Over the past history PBFR had an annualized volatility of 4.2% and a Sharpe ratio of 1.32 (excess return over 1–3 month T-bills per unit of risk).