Which has more room to gain, PQX or PQXV?

From their prices on Nov 4, 2026, PQX can gain about 2.7% before its cap and PQXV about 2.1%, so PQX has more room left this period.

Which resets first, PQX or PQXV?

PQX ends its outcome period on Dec 31, 2026 and PQXV on Dec 31, 2026. A new cap is set the day after each.

Which is cheaper, PQX or PQXV?

PQX and PQXV both charge 0.50% a year, so neither is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Buffer ETFs

PQX vs PQXV: Cap, Buffer & Days Left

Share on X Download as PDF

As of Nov 4, 2026 PQX can fall 0.8% before its buffer engages and PQXV 0.7%.

askIQ about this page

askIQ about PQX and PQXV

Net assets on Nov 4, 2026: $8.7m for PGIM S&P 500 Quarterly Buffer 10 ETF and $3.8m for PGIM S&P 500 Quarterly Buffer 15 ETF.

PQX on its own →PQXV on its own →

At a glance

0.8%

PQX can fall this far before its buffer

0.7%

PQXV can fall this far before its buffer

2.7%

PQX can still gain

2.1%

PQXV can still gain

PQX Between buffer and cap

PQX: reference +0.6% since period start, fund +0.6%; buffer 0 to −10; cap +3.5%; Between buffer and cap. Data to Nov 4, 2026.

PQXV Between buffer and cap

PQXV: reference +0.6% since period start, fund +0.6%; buffer 0 to −15; cap +2.8%; Between buffer and cap. Data to Nov 4, 2026.

Pair scorecard

Both cost 0.50% a year; PQX is 2.3 times larger.

Points (pts) are percentage points.

PQX vs PQXV: Cap, Buffer & Days Left
Measure	PQX	PQXV
Drawdown
Measure	PQX	PQXV
Index fall to the buffer	0.5%
Benchmark
Measure	PQX	PQXV
What it tracks	SPY	SPY
Cost and size
Measure	PQX	PQXV
Expense ratio	0.50%	0.50%
Net assets	$8.7m	$3.8m
Holdings
Measure	PQX	PQXV
Holdings in common	not published

ETFIQ Downside Cover Score · PQXV scores higher If the market falls into a bear market from here, how much does the buffer absorb?

IQ Buffer Score38.7PQX83.2PQXV

How much of a bear-market fall the buffer would absorb from today's level, ranked against 292 buffer ETFs on stocks with a live outcome period. 100 is best. How it is computed

PQX 38.7

PQXV 83.2

0.3, the lowest in this set 99.7, the highest

Today's position against one 20% fall; it ignores smaller falls, and stock buffers are never ranked against bond or commodity ones. All buffer ETFs ranked by it →

Method

Window by window

Window by window: PQX vs PQXV: Cap, Buffer & Days Left
	Total return		Gap to the reference's price return
Window	PQX	PQXV	PQX	PQXV
3 months	+0.9%	+1.2%	+1.3 pts	+1.6 pts
Since launchPQX Jul 2026 · PQXV Jul 2026	+2.5%	+2.5%	−0.3 pts	−0.3 pts

Each fund's gap is to its reference's price return, dividends left out: the basis the outcome period uses. Open this comparison in the app →

Side by side

PQX PGIM S&P 500 Quarterly Buffer 10 ETF · Absorbs the first 10% of loss on SPY and caps the gain at 3.5%, over a period ending Dec 31, 2026 PQXV PGIM S&P 500 Quarterly Buffer 15 ETF · Absorbs the first 15% of loss on SPY and caps the gain at 2.8%, over a period ending Dec 31, 2026

Issuer PGIM PGIM

Reference index SPY SPY

Buffer 10% 15%

Outcome period Oct 1, 2026 to Dec 31, 2026 Oct 1, 2026 to Dec 31, 2026

Days left 57 57

Starting cap +3.5% +2.8%

Can still gain 2.7% 2.1%

Fall before buffer 0.8% 0.7%

Protection left, index points 10.0% of 10.0% 15.0% of 15.0%

Index return this period +0.6% +0.6%

Fund return this period +0.6% +0.6%

State today Open Open

Expense ratio 0.50% 0.50%

Net assets $8.7m $3.8m

As of Nov 4, 2026. Source: ETFIQ.

Both are PGIM funds, so the difference between them is the terms rather than the house.

Where each one stands today

PQX resets first, on Dec 31, 2026, 57 days from now; PQXV runs to Dec 31, 2026, 57 days. PQX can still gain 2.7% before its cap, PQXV 2.1%. A fall from here reaches PQX’s buffer after 0.8% and PQXV’s after 0.7%. Both track SPY, so what separates them is where each is in its own period.

Alert

About each fund

PQX

From its price on Nov 4, 2026, the fund can gain about 2.7% more before it reaches its cap. The fund's price can fall 0.8% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 0.5% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 57 days remained on Nov 4, 2026. On Dec 31, 2026 the period ends and a new cap is set.

PQXV

From its price on Nov 4, 2026, the fund can gain about 2.1% 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. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level.

Questions people ask

Which has more room to gain, PQX or PQXV?: From their prices on Nov 4, 2026, PQX can gain about 2.7% before its cap and PQXV about 2.1%, so PQX has more room left this period.
Which resets first, PQX or PQXV?: PQX ends its outcome period on Dec 31, 2026 and PQXV on Dec 31, 2026. A new cap is set the day after each.
Which is cheaper, PQX or PQXV?: PQX and PQXV both charge 0.50% a year, so neither is cheaper. Fees come from each fund's prospectus.

Other comparisons

PQX vs DDSQ PQX vs DDFO PQX vs EALT PQX vs BOCT PQXV vs DDSQ PQXV vs DDFO PQXV vs EALT PQXV vs BJAN

Where to next

SPDR S&P 500 ETF Trust →PQX on its own →PQXV on its own →Method →Standards and sources →

Sources and dates

PQX and PQXV filings on SEC EDGAR ↗

PGIM website ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

ETFIQ calculates every number from each issuer’s published outcome-period terms. Buffer ETFs hold options on an index, not shares, so there is no holdings overlap to report.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, PQX against PQXV, data as of Nov 4, 2026. https://etfiq.com/compare/buffer/pqx-vs-pqxv

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.