AUM $36.3MER 0.50%NAV $33.88Holdings 8Inception May 2024
Price Chart
Key Statistics
Previous Close
$33.96Day Range
N/A52-Week Range
$29.09$34.02
Avg Volume
4.4KDividend Yield
—Expense Ratio
0.50%AUM
$36.3MShares Outstanding
983.3KETF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 40.96% |
| Financial Services | 11.13% |
| Communication Services | 9.73% |
| Healthcare | 9.11% |
| Consumer Cyclical | 8.84% |
| Industrials | 7.44% |
| Consumer Defensive | 4.32% |
| Energy | 3.43% |
| Utilities | 1.92% |
| Real Estate | 1.65% |
| Basic Materials | 1.47% |
Fund Information
- Issuer
- PGIM
- Category
- Technology
- Inception Date
- May 21, 2024
- Exchange
- BATS
- Description
- NOVP uses FLEX options in an effort to moderate losses on shares of SPDR S&P 500 ETF Trust (SPY) over a one-year period that resets each November. The fund foregoes upside participation above a certain threshold, which resets annually in exchange for preventing the realization of the first 12% of SPYs losses, as well as the dividend component of SPY because the options are written on the price and not on the total return version of the shares. Should the value of SPY decline by more than 12%, the fund will experience subsequent losses on a one-to-one basis. The fund must be held to the end of the outcome period to achieve the intended results. Investors who buy at any time other than the annual reset day may have a different protection and buffer zone. Once established, the issuer publishes the interim levels for the cap on its website. Investors should note that the targeted cap and buffer do not include the funds expense ratio. On February 21, 2025, the fund name changed to PGIM S&P 500 Buffer 12 ETF - November.
Similar ETFs
The PGIM S&P 500 Buffer 12 ETF - Nov (NOVP) is an exchange-traded fund issued by PGIM that launched on May 21, 2024. It currently manages $36.3M in assets under management. The fund charges an expense ratio of 0.50%. The fund holds 8 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | 4SPY US 10/30/26 C6.82 | 100.07% | 473 | $36.3M |
| 2 | — | (PIPA070) PGIM Core Government Money Market Fund | 0.47% | 170,318 | $170K |
| 3 | — | 4SPY US 10/30/26 P682.06 | 0.05% | 473 | $19K |
| 4 | — | Net Current Assets | 0.00% | 205 | $205 |
| 5 | — | UNITS | 0.00% | 1,070,001 | $0 |
| 6 | — | 4SPY US 10/30/26 P600.21 | -0.02% | -473 | $-5486 |
| 7 | — | US Dollar | -0.05% | -19,434 | $-19434 |
| 8 | — | 4SPY US 10/30/26 C786.62 | -0.52% | -473 | $-189058 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | +0.98% | |
| 1M | +2.62% | |
| 3M | +4.15% | |
| 6M | +10.79% | |
| YTD | +11.70% | |
| 1Y | +14.63% | |
| 3Y | +36.20% | |
| 5Y | +36.20% |
Moving Averages
20-Day MA
$33.60
Above 20-Day MA50-Day MA
$33.42
Above 50-Day MA200-Day MA
$31.82
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$34.02
Current Price
$33.83
52-Week Low
$29.09
$29.09$34.02
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | NOVP | Technology(1619 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.50% | 0.62% |
| AUM | $36.3M | $7.45B |
| Dividend Yield | — | 2.91% |
| Avg Volume | 4.4K | 501.6K |
| Holdings | 8 | 201 |
| Performance | ||
| 1-Month Return | +2.62% | +2.72% |
| 6-Month Return | +5.97% | +4.03% |
| YTD Return | +11.77% | +15.70% |
| 1-Year Return | +11.40% | +13.95% |
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