FEBP vs FEBU
PGIM S&P 500 Buffer 12 ETF - February vs AllianzIM US Equity Buffer15 Uncapped Feb ETF
Which is better, FEBP or FEBU?
Nearly the same fund. FEBP costs less.
FEBP has a lower expense ratio. FEBP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FEBP | FEBU |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.74% |
| AUM | $30M | $53M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 16 | 12 |
| YTD Return | +10.15%Best | +8.95% |
| 1Y Return | +13.96%Best | +11.31% |
| Volatility (annualized) | 7.4%Best | 8.6% |
| Max Drawdown | -12.1% | -11.7%Best |
| $10,000 over 1.7 years | $12,320Best | $12,040 |
| Fund Family | PGIM Investments | AllianzIM |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Jan 31, 2024 | Jan 31, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Feb 3, 2025 to Oct 14, 2026 (1.7 years).
FEBP vs FEBU growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
FEBP vs FEBU Performance
PGIM S&P 500 Buffer 12 ETF - February (FEBP) is an ETF from PGIM Investments and AllianzIM US Equity Buffer15 Uncapped Feb ETF (FEBU) is an ETF from AllianzIM. Over the past year FEBP returned +13.96% while FEBU returned +11.31%. Year to date, FEBP is up 10.15% versus a gain of 8.95% for FEBU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FEBU has been the more volatile fund, with annualized monthly volatility of 8.6% compared with 7.4% for FEBP. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.1% for FEBP and -11.7% for FEBU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
FEBP charges 0.50% per year while FEBU charges 0.74%. On a $10,000 position that is $50 vs $74 annually, a gap of $24 per year that compounds over a long holding period. On income, FEBP currently yields 0.00% against 0.00% for FEBU.
You are not choosing between two funds in isolation.
Whichever of FEBP and FEBU you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FEBP or FEBU?
FEBP has an expense ratio of 0.50% while FEBU charges 0.74%. FEBP is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, FEBP or FEBU?
Over the past year FEBP returned +13.96% vs +11.31% for FEBU, so FEBP leads on 1-year performance. Over the longest common window we track (2 years), FEBP annualized +13.06% vs +11.54% for FEBU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FEBP or FEBU?
FEBU has been the more volatile fund at 8.6% annualized versus 7.4% for FEBP. Worst drawdown: FEBP -12.1% vs FEBU -11.7%.
Should I hold both FEBP and FEBU?
FEBP and FEBU have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, FEBP or FEBU?
FEBP yields 0.00% while FEBU yields 0.00%, so FEBU currently pays the higher dividend yield.
Is FEBU better than FEBP?
FEBP has a lower expense ratio. FEBP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.