Data as of Oct 28, 2026.

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PQXX vs SPYM: Differences, Returns & Fees

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PQXX and SPYM are measured over different days, and SPYM charges 0.02% to PQXX's 0.50%.

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Net assets: $3.6m on Oct 28, 2026 for PGIM S&P 500 Quarterly Buffer 20 ETF, and $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF.

At a glance
+2.5%
PQXX total return, since launch, Jul 1, 2026
+13.7%
SPYM total return, 1 year
0.50%
PQXX expense ratio
0.02%
SPYM expense ratio

Pair scorecard

SPYM costs 0.48 points a year less; SPYM is far larger, $185.0bn against $3.6m.

PQXX vs SPYM: Differences, Returns & Fees
MeasurePQXXSPYM
Return
Total return, 1 yearnot published+13.7%
Drawdown
Index fall to the buffer1.3%
Fund price fall to the buffer0.7%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Room to the cap1.8%
Buffer left, in index points20.0% of 20.0%
Days left in the period64
Period endsDec 31, 2026
Cost and size
Expense ratio0.50%0.02%
Net assets, as of Oct 27, 2026$3.6m$185.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund38.1%

Method

Side by side

PQXX PGIM S&P 500 Quarterly Buffer 20 ETF SPYM State Street SPDR Portfolio S&P 500 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 20% on SPY Tracks the S&P 500
Total return, 1 year +2.5% (since launch, Jul 1, 2026) +13.7%
Its benchmark over the same days +3.6% (SPY) (since launch, Jul 1, 2026) +13.7% (IVV)
Gap to its benchmark −1.1 pts vs SPY (since launch, Jul 1, 2026) 0.0 pts vs IVV
Expense ratio 0.50% 0.02%
Holdings not read by ETFIQ 506
Net assets, PQXX as of Oct 28, 2026 and SPYM as of Oct 27, 2026 $3.6m $185.0bn
Former ticker none SPLG

PQXX and SPYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
PQXX

From its price on Oct 28, 2026, the fund can gain about 1.8% more before it reaches its cap. The fund's price can fall 0.7% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 1.3% from today's level to the point where the buffer begins. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level. 64 days remained on Oct 28, 2026. On Dec 31, 2026 the period ends and a new cap is set.

SPYM

SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 38.1%.

Questions people ask

Are PQXX and SPYM in the same category?
PQXX is a buffer ETF and SPYM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which is cheaper, PQXX or SPYM?
SPYM is cheaper, by 0.48 percentage points a year. That is about $48 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, PQXX against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/pqxx-vs-spym

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