PMDE PGIM S&P 500 Max Buffer ETF - December
Quote as of Oct 09, 2026 13:46 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 26.30 | Day Range | 26.30 – 26.31 |
| 52-Week Range | 24.89 – 26.37 | Volume | 140 |
| Avg Volume | 4.31K | AUM | $9.2M (Oct 10, 2026) |
| Expense Ratio | 0.50% | Yield (TTM) | — |
| NAV | 26.33 | Premium/Discount | -0.11% indicative |
| Inception | Nov 28, 2025 | Holdings | — |
| Issuer | PGIM | Exchange | CBOE |
| Category | Buffer | Index Tracked | S&P 500 |
| CUSIP | 69420N569 | ISIN | US69420N5692 |
| Structure | Buffer / Defined Outcome | ||
| Management | Not stated in source data | ||
About this ETF
PMDE uses FLEX options to match the price returns of SPDR S&P 500 ETF Trust (SPY), up to a predetermined upside cap of at least 3%, while seeking to provide the maximum available buffer of 100% over a one-year period starting in December. At the end of the target outcome period, the upside cap and downside buffer for the new target outcome period are reset to prevailing market conditions. If the fund is not able to set the maximum buffer against 100% of the losses, then it would seek to adjust the cap. Likewise, if the fund cannot set a cap of at least 3%, then it would seek to adjust the maximum buffer instead. To achieve the target outcomes sought by the fund for a target outcome period, an investor must hold fund shares for that entire target outcome period.
Description from the fund data provider · profile as of Oct 10, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +0.73% | +1.78% | +4.31% | +4.98% | — | — | — | — | +5.27% |
| Total return | +0.73% | +1.78% | +4.31% | +4.98% | — | — | — | — | +5.27% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 09, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.50% | Annual cost of a $10,000 investment | $50.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Oct 10, 2026 · portfolio reporting date from the data provider; holdings are not live positions. 7 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 4SPY US 11/30/26 C13.67 | — | 105.58% | 128 | $9.7M |
| 2 | (PIPA070) PGIM Core Government Money Market Fund | — | 1.42% | 130.77K | $130.8K |
| 3 | 4SPY US 11/30/26 P683.39 | — | 0.26% | 128 | $24.4K |
| 4 | Net Current Assets | — | 0.00% | 153 | $152.72 |
| 5 | UNITS | — | 0.00% | 350.00K | $0.00 |
| 6 | US Dollar | — | -0.06% | -5.15K | -$5.2K |
| 7 | 4SPY US 11/30/26 C731.09 | — | -7.21% | -128 | -$663.9K |
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Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund; it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 2.26% / — | Sharpe 1Y / 3Y | 0.978 / — |
| Max drawdown 1Y / 3Y | -1.58% / — | Sortino 1Y | 1.57 |
| Beta vs S&P 500 (3Y) | 0.171 | Correlation vs S&P 500 (1Y) | 0.841 |
| Downside deviation 1Y | 1.41% | Risk-free rate used | 4.05% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 11, 2026. Formulas →
Liquidity
| Volume today | 140 | Average volume | 4.31K |
| AUM | $9.2M | Premium/Discount | -0.11% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$3.1K | -0.03% | $9.2M → $9.2M |
| 1 Month | $2.4K | +0.03% | $9.2M → $9.2M |
| 1 Week | $3.9K | +0.04% | $9.2M → $9.2M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for PMDE
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.