PGIM S&P 500 Max Buffer ETF - February Investment Objectives and Goals - PGIM S&P 500 Max Buffer ETF - February |
Jul. 01, 2025 |
|---|---|
| Prospectus [Line Items] | |
| Risk/Return [Heading] | <span style="color:#545454;font-family:Arial;font-size:13.58pt;">SUMMARY: PGIM S&P 500 Max Buffer ETF – FEBRUARY</span> |
| Objective [Heading] | <span style="color:#000000;font-family:Arial;font-size:9.70pt;font-weight:bold;text-transform:uppercase;">INVESTMENT OBJECTIVE</span> |
| Objective, Primary [Text Block] | The Fund’s investment objective is to provide investors with returns that match the price return of the SPDR® S&P 500® ETF Trust up to a predetermined upside cap while seeking to maximize the downside protection against the SPDR® S&P 500® ETF Trust’s losses over the one-year Target Outcome Period. In seeking to achieve this investment objective, the Fund’s approximate upside cap over the period February 1, 2025 through January 31, 2026 is 7.42% (before fees and expenses). The downside buffer for the period is 100% (before fees and expenses). |