PQJA

PGIM Nasdaq-100 Buffer 12 ETF - January

$28.42

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The PGIM Nasdaq-100 Buffer 12 ETF - January seeks to provide investors with exposure to the Nasdaq-100 Index while providing a buffer against the first 12% of losses over a one-year period.

Overview

ETF tracking PGIM Nasdaq-100 Buffer 12 ETF - January

Category Technology

Issuer Other

Inception Date 2025-01-02

Market Cap $5.4M

Average Volume N/A

Dividend Yield N/A

52-Week Range $22.06 - $28.57

VWAP $28.34

Performance

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Investment Summary

📎 Investment Objective

The PGIM Nasdaq-100 Buffer 12 ETF - January seeks to provide investors with exposure to the Nasdaq-100 Index while providing a buffer against the first 12% of losses over a one-year period.

🎯 Investment Strategy

The ETF achieves its objective by using an options-based strategy to provide a buffer against the first 12% of losses in the Nasdaq-100 Index over a one-year period. The fund holds a portfolio of Nasdaq-100 stocks and also purchases and sells options contracts to create the buffer protection.

✨ Key Features

Provides exposure to the Nasdaq-100 Index with a 12% buffer against losses over a one-year period
Uses an options-based strategy to create the buffer protection
Resets the buffer protection annually in January
Has a $0 expense ratio

⚠️ Primary Risks

Market risk: The ETF's performance is tied to the Nasdaq-100 Index, and it will be subject to the same market fluctuations
Options risk: The use of options contracts introduces additional risks, including the potential for losses beyond the initial investment
Concentration risk: As a sector-specific fund, the ETF has higher exposure to the technology sector
Liquidity risk: As a new fund with low assets under management, it may have lower trading liquidity

👤 Best For

This ETF may be suitable for investors seeking exposure to the Nasdaq-100 Index with some downside protection, particularly those with a moderate risk tolerance and a one-year investment horizon. However, the options-based strategy introduces additional complexities and risks that may not be appropriate for all investors.