{"url":"https://etfiq.com/compare/buffer/aprt-vs-pbap","section":"compare","title":"APRT vs PBAP: Cap, Buffer & Days Left | ETFIQ","description":"As of Oct 22, 2026 APRT can gain 5.0% before its cap and PBAP 3.8%. Each can fall 10.6% and 7.8% before its buffer engages, on SPY.","as_of":"Oct 22, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which has more room to gain, APRT or PBAP?","acceptedAnswer":{"@type":"Answer","text":"From their prices on Oct 22, 2026, APRT can gain about 5.0% before its cap and PBAP about 3.8%, so APRT has more room left this period."}},{"@type":"Question","name":"Which resets first, APRT or PBAP?","acceptedAnswer":{"@type":"Answer","text":"APRT ends its outcome period on Mar 31, 2027 and PBAP on Mar 31, 2027. A new cap is set the day after each."}},{"@type":"Question","name":"Which is cheaper, APRT or PBAP?","acceptedAnswer":{"@type":"Answer","text":"APRT charges 0.74% a year and PBAP charges 0.50%, so PBAP is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Buffer ETFs","item":"https://etfiq.com/buffer/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"APRT vs PBAP","item":"https://etfiq.com/compare/buffer/aprt-vs-pbap"}]},{"@type":"WebPage","name":"APRT vs PBAP: Cap, Buffer & Days Left","description":"As of Oct 22, 2026 APRT can gain 5.0% before its cap and PBAP 3.8%. Each can fall 10.6% and 7.8% before its buffer engages, on SPY.","url":"https://etfiq.com/compare/buffer/aprt-vs-pbap","dateModified":"2026-10-22","abstract":"As of Oct 22, 2026 APRT can fall 10.6% before its buffer engages and PBAP 7.8%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of APRT and PBAP","description":"As of Oct 22, 2026 APRT can gain 5.0% before its cap and PBAP 3.8%. Each can fall 10.6% and 7.8% before its buffer engages, on SPY.","dateModified":"2026-10-22","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/buffer/aprt-vs-pbap","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/funds.json"}],"variableMeasured":["Remaining cap","Fall before the buffer engages","Protection left in index points","Starting buffer","Outcome period","Reference index return","Fund return","Days remaining","Expense ratio"],"keywords":["exchange-traded funds","ETF","Buffer ETFs","fund data","SEC filings"]}],"characters":6772,"truncated":true,"content":"ETFIQ / Buffer ETFs / Compare ETFs / APRT vs PBAP \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 22, 2026 .\n\n APRT vs PBAP: Cap, Buffer & Days Left\n\n As of Oct 22, 2026 APRT can fall 10.6% before its buffer engages and PBAP 7.8%.\n Copy this for sharing \n \n PBAP costs 0.24 points a year less; their one-year returns differ by 4.1 points; APRT is 1.2 times larger.\n APRT and PBAP at a glance. As of Oct 22, 2026. Source: ETFIQ. APRT PBAP \n Expense ratio 0.74% 0.50% \n Net assets $47m $38m \n Total return, 1 year +15.6% +11.5% \n What it tracks SPY SPY \n Holdings in common not published \n \n","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, APRT against PBAP, data as of Oct 22, 2026. https://etfiq.com/compare/buffer/aprt-vs-pbap","a":{"ticker":"APRT","name":"AllianzIM U.S. Equity Buffer10 ETF - Apr","issuer":"AllianzIM","desk":"buffer","as_of":"2026-10-22","verdict":"Since Apr 1, 2026, APRT returned 11.0%, against 17.5% for SPY. It can gain 5.0% more before its cap.","url":"https://etfiq.com/funds/aprt","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"5.0%","as_of":"2026-10-22","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"10.6%","as_of":"2026-10-22","source":null},{"label":"Protection left, index points","value":"10.0%","as_of":"2026-10-22","source":null},{"label":"Days to reset","value":"160","as_of":"2026-10-22","source":null},{"label":"Net assets","value":"$47m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.74%","as_of":"2026-10-22","source":"issuer page, Oct 22, 2026"}]},"b":{"ticker":"PBAP","name":"PGIM S&P 500 Buffer 20 ETF - April ","issuer":"PGIM","desk":"buffer","as_of":"2026-10-22","verdict":"Since Apr 1, 2026, PBAP returned 7.9%, against 17.5% for SPY. It can gain 3.8% more before its cap.","url":"https://etfiq.com/funds/pbap","key_facts":[{"label":"Can still gain from today\u2019s fund price","value":"3.8%","as_of":"2026-10-22","source":null},{"label":"Fall before the buffer from today\u2019s fund price","value":"7.8%","as_of":"2026-10-22","source":null},{"label":"Protection left, index points","value":"20.0%","as_of":"2026-10-22","source":null},{"label":"Days to reset","value":"160","as_of":"2026-10-22","source":null},{"label":"Net assets","value":"$38m","as_of":"2026-10-22","source":"issuer page, as of Oct 22, 2026"},{"label":"Expense ratio","value":"0.50%","as_of":"2026-10-22","source":"issuer data, Oct 22, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/buffer/aprt-vs-pbap"}