PGIM S&P 500 Max Buffer ETF - March (PMMR) Performance

Cboe BZX: PMMRTotal returns, calendar years, drawdowns and risk since 2025.

PMMR total return

Distributions reinvested · as of Oct 23, 2026
YTD
+4.4%
since Dec 31, 2025
1 year
+5.6%
total return
Since first price
+10.5%
since 2025

PMMR trailing returns vs SPY, QQQ, AGG

PMMR trailing returns
PeriodPMMR total returnPrice onlyS&P 500 (SPY)Nasdaq-100 (QQQ)U.S. bonds (AGG)
1 month+0.3%+0.3%−1.0%−5.0%+0.9%
3 months+1.6%+1.6%+3.2%+1.9%−0.4%
6 months+2.7%+2.7%+7.8%+8.4%−1.5%
YTD+4.4%+4.4%+12.3%+15.1%−1.0%
1 year+5.6%+5.6%+14.4%+15.9%−1.1%
Since inceptionMar 3, 2025+10.5%+10.5%———

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: PMMR vs SPY

PMMRS&P 500 (SPY)

From Mar 3, 2025: PMMR grew to $11,053, SPY to $13,274.

Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.

PMMR returns by calendar year

PMMRSPY

2026 is year to date.

PMMR annual returns table

PMMR calendar-year returns
YearPMMRLargest dropSPYQQQAGG
2026YTD+4.4%−1.3%+12.3%+15.1%−1.0%

Largest drop = deepest fall from a high within that calendar year.

Calendar-year return vs largest drop within the year

Calendar-year returnLargest drop within the year

Most years include a sizable fall at some point even when the year ends higher.

PMMR risk statistics

PMMR risk statistics
StatisticSince 2025
Annualized return+7.2%
Volatility (annualized)1.8%
Sharpe ratio1.84
Sortino ratio3.63
Best month+1.7%
Worst month−0.8%
Best 12 months+8.2%
Worst 12 months+5.7%
Positive months94%
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.

PMMR rolling returns

PMMR rolling returns
Holding periodPeriodsWorstMedianBestPositive
1-year8+5.5%+6.2%+8.2%100%

Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.

PMMR performance overview

PGIM S&P 500 Max Buffer ETF - March (PMMR) returned +5.6% over the past year, with distributions reinvested. Since its first recorded price on Mar 3, 2025 it has returned +10.5%. Over the same year S&P 500 (SPY) returned +14.4%.

Related: PMMR chart. See the PMMR overview for the latest quote and fund facts.

PMMR performance FAQ

What is the PMMR return over the past year?

PMMR returned +5.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 5.6%.

How much would $10,000 invested in PMMR be worth?

$10,000 invested in PMMR at its first recorded close on March 3, 2025 would be worth about $11,053 on October 23, 2026 with distributions reinvested.

How volatile is PMMR?

Over the past history PMMR had an annualized volatility of 1.8% and a Sharpe ratio of 1.84 (excess return over 1–3 month T-bills per unit of risk).