PGIM US Large Cap Buffer 20 ETF January Fund (PBJA) Performance
PBJA total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.3% since Dec 31, 2025
- 1 year
- +9.4% total return
- Since first price
- +32.7% since 2024
PBJA trailing returns vs SPY, QQQ, AGG
| Period | PBJA total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.3% | +0.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.6% | +2.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.9% | +4.9% | +7.8% | +8.4% | −1.5% |
| YTD | +7.3% | +7.3% | +12.3% | +15.1% | −1.0% |
| 1 year | +9.4% | +9.4% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 2, 2024 | +32.7% | +32.7% | — | — | — |
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: PBJA vs SPY
From Jan 2, 2024: PBJA grew to $13,274, SPY to $16,605.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PBJA returns by calendar year
1 of 1 full years positive. Best 2025 (+10.3%), worst 2025 (+10.3%). 2026 is year to date.
PBJA annual returns table
| Year | PBJA | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.3% | −3.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.3% | −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.
PBJA risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +10.6% |
| Volatility (annualized) | 4.3% |
| Sharpe ratio | 1.40 |
| Sortino ratio | 2.81 |
| Best month | +4.3% |
| Worst month | −2.1% |
| Best 12 months | +15.1% |
| Worst 12 months | +6.3% |
| 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.
PBJA rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 22 | +6.3% | +9.8% | +15.1% | 100% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
PBJA performance overview
PGIM US Large Cap Buffer 20 ETF January Fund (PBJA) returned +9.4% over the past year, with distributions reinvested. Since its first recorded price on Jan 2, 2024 it has returned +32.7%. Over the same year S&P 500 (SPY) returned +14.4%.
Related: PBJA chart. See the PBJA overview for the latest quote and fund facts.
PBJA performance FAQ
What is the PBJA return over the past year?
PBJA returned +9.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 9.4%.
How much would $10,000 invested in PBJA be worth?
$10,000 invested in PBJA at its first recorded close on January 2, 2024 would be worth about $13,274 on October 23, 2026 with distributions reinvested.
How volatile is PBJA?
Over the past history PBJA had an annualized volatility of 4.3% and a Sharpe ratio of 1.40 (excess return over 1–3 month T-bills per unit of risk).