PGIM ETF (PJIO) Performance
PJIO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.7% since Dec 31, 2025
- 1 year
- −10.6% total return
- Since first price
- +14.5% since 2023
PJIO trailing returns vs SPY, QQQ, AGG
| Period | PJIO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −8.3% | −8.3% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.1% | −8.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −5.8% | −5.8% | +7.8% | +8.4% | −1.5% |
| YTD | −6.7% | −6.7% | +12.3% | +15.1% | −1.0% |
| 1 year | −10.6% | −10.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 19, 2023 | +14.5% | +14.0% | — | — | — |
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: PJIO vs SPY
From Dec 19, 2023: PJIO grew to $11,446, SPY to $16,528.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
PJIO returns by calendar year
2 of 2 full years positive. Best 2025 (+17.8%), worst 2024 (+4.6%). 2026 is year to date.
PJIO annual returns table
| Year | PJIO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.7% | −19.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +17.8% | −18.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +4.6% | −11.4% | +24.9% | +25.6% | +1.3% |
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.
PJIO largest drawdowns
Now 19.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 22, 2026 | −19.4% | Jul 29, 2026 | not yet | 37 days | 4 months so far |
| Oct 8, 2025 | −19.3% | Mar 30, 2026 | May 28, 2026 | 6 months | 8 months |
| Feb 18, 2025 | −18.7% | Apr 8, 2025 | May 15, 2025 | 49 days | 3 months |
| Jul 12, 2024 | −11.4% | Aug 5, 2024 | Aug 23, 2024 | 24 days | 42 days |
| Sep 26, 2024 | −11.3% | Jan 13, 2025 | Feb 13, 2025 | 4 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
PJIO risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +8.8% |
| Volatility (annualized) | 18.4% |
| Sharpe ratio | 0.32 |
| Sortino ratio | 0.46 |
| Best month | +10.5% |
| Worst month | −12.3% |
| Best 12 months | +17.8% |
| Worst 12 months | −3.4% |
| Positive months | 58% |
| 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.
PJIO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 23 | −10.2% | +8.7% | +17.8% | 87% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
PJIO performance overview
PGIM ETF (PJIO) returned −10.6% over the past year, with distributions reinvested. Since its first recorded price on Dec 19, 2023 it has returned +14.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.4%, from Jun 22, 2026 to Jul 29, 2026; the fund has not yet regained that high. Volatility has been 18.4% a year.
Related: PJIO chart, PJIO holdings, PJIO dividends. See the PJIO overview for the latest quote and fund facts.
PJIO performance FAQ
What is the PJIO return over the past year?
PJIO returned −10.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.8%.
How much would $10,000 invested in PJIO be worth?
$10,000 invested in PJIO at its first recorded close on December 19, 2023 would be worth about $11,446 on October 23, 2026 with distributions reinvested.
What was the worst year for PJIO?
The worst calendar year was 2024, with a total return of +4.6%. The best was 2025 at +17.8%.
What is the biggest drawdown of PJIO?
The largest peak-to-trough decline was −19.4% between June 22, 2026 and July 29, 2026. It has not yet recovered to that high; it is 19.3% below its peak.
How volatile is PJIO?
Over the past history PJIO had an annualized volatility of 18.4% and a Sharpe ratio of 0.32 (excess return over 1–3 month T-bills per unit of risk).