PBL - PGIM ETF Trust - PGIM Portfolio Ballast ETF
PBL aims, on average, to capture 60% of the performance of the S&P 500 during appreciating equity markets and 30% of the performance in declining equity markets. The fund does not directly invest in equity securities. The fund holds various derivative positions, such as listed and FLEX options, futures, and swaps on the S&P 500 Index, related ETFs, and US Treasuries to provide the desired exposure.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $79.9M
- Beta
- 0.71
- 52-Week Range
- 29.56-34.37
- Dividend Yield
- $0.68
- IPO Date
- Dec 22, 2022
- Exchange
- CBOE
PBL Options Snapshot
Options pricing data for PBL is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The PBL overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
PBL fund facts: expense ratio 0.45%, assets under management $72.1M, NAV $34.01 as of the data source's update on Oct 8, 2026, launched Dec 12, 2022, issued by PGIM. See the PBL holdings.
Frequently asked PBL overview questions
- What is PBL?
- PBL is the ticker symbol for PGIM ETF Trust - PGIM Portfolio Ballast ETF, an listed exchange-traded fund. PBL aims, on average, to capture 60% of the performance of the S&P 500 during appreciating equity markets and 30% of the performance in declining equity markets. The fund does not directly invest in equity securities. Listed on CBOE. PBL is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are PBL's key statistics?
- PGIM ETF Trust - PGIM Portfolio Ballast ETF (PBL) carries a market capitalization of $79.9M, 52-week range of 29.56-34.37. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does PBL belong to?
- PGIM ETF Trust - PGIM Portfolio Ballast ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PBL's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the PBL data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for PBL, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.