DECP vs PBDE

DECP vs PBDE

Which is better, DECP or PBDE?

DECP has been ahead.

DECP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.

Lower Fees: TiedHigher Returns: DECP

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricDECPPBDE
Expense Ratio0.50%Tie0.50%Tie
AUM$34M$39M
Dividend Yield0.00%0.00%
Holdings1414
YTD Return+10.38%Best+8.20%
1Y Return+14.98%Best+11.42%
Volatility (annualized)6.8%4.7%Best
Max Drawdown-12.1%-8.7%Best
$10,000 over 2.4 years$13,426Best$12,713
Fund FamilyPGIM InvestmentsPGIM Investments
CategoryAlternativeAlternative
StyleMulti AlternativeMulti Alternative
InceptionMay 24, 2024May 24, 2024

Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 24, 2024 to Oct 14, 2026 (2.4 years).

DECP vs PBDE growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.4 years both funds cover.

Compare DECP against instead:DECP vs SPYDECP vs QQQDECP vs VOODECP vs VTIPBDE against:PBDE vs VXUS

DECP vs PBDE Performance

PGIM S&P 500 Buffer 12 ETF - December (DECP) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 20 ETF - December (PBDE) is an ETF from PGIM Investments. Over the past year DECP returned +14.98% while PBDE returned +11.42%. Year to date, DECP is up 10.38% versus a gain of 8.20% for PBDE.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

DECP has been the more volatile fund, with annualized monthly volatility of 6.8% compared with 4.7% for PBDE. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -12.1% for DECP and -8.7% for PBDE. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

DECP charges 0.50% per year while PBDE charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, DECP currently yields 0.00% against 0.00% for PBDE.

You are not choosing between two funds in isolation.

Whichever of DECP and PBDE you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

DECPPBDE

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, DECP or PBDE?

DECP has an expense ratio of 0.50% while PBDE charges 0.50%. At the precision these are quoted to, they cost the same.

Which performed better, DECP or PBDE?

Over the past year DECP returned +14.98% vs +11.42% for PBDE, so DECP leads on 1-year performance. Over the longest common window we track (2 years), DECP annualized +13.06% vs +10.52% for PBDE. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, DECP or PBDE?

DECP has been the more volatile fund at 6.8% annualized versus 4.7% for PBDE. Worst drawdown: DECP -12.1% vs PBDE -8.7%.

Should I hold both DECP and PBDE?

DECP and PBDE have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

Which pays a higher dividend, DECP or PBDE?

DECP yields 0.00% while PBDE yields 0.00%, so PBDE currently pays the higher dividend yield.

Is PBDE better than DECP?

DECP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.