MAYP vs PBOC
PGIM S&P 500 Buffer 12 ETF - May vs PGIM S&P 500 Buffer 20 ETF - October
Which is better, MAYP or PBOC?
Each has led over a different period.
MAYP led over the full window, PBOC over 1Y.
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 | MAYP | PBOC |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $32M | $62M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 14 | 14 |
| YTD Return | +7.96% | +8.34%Best |
| 1Y Return | +10.69% | +10.72%Best |
| Volatility (annualized) | 4.2%Best | 4.5% |
| Max Drawdown | -11.1% | -8.3%Best |
| $10,000 over 2.4 years | $12,932Best | $12,617 |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 1, 2024 | May 16, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 17, 2024 to Oct 14, 2026 (2.4 years).
MAYP vs PBOC 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 2.4 years both funds cover.
MAYP vs PBOC Performance
PGIM S&P 500 Buffer 12 ETF - May (MAYP) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 20 ETF - October (PBOC) is an ETF from PGIM Investments. Over the past year MAYP returned +10.69% while PBOC returned +10.72%. Year to date, MAYP is up 7.96% versus a gain of 8.34% for PBOC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBOC has been the more volatile fund, with annualized monthly volatility of 4.5% compared with 4.2% for MAYP. 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 -11.1% for MAYP and -8.3% for PBOC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAYP charges 0.50% per year while PBOC charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, MAYP currently yields 0.00% against 0.00% for PBOC.
You are not choosing between two funds in isolation.
Whichever of MAYP and PBOC 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, MAYP or PBOC?
MAYP has an expense ratio of 0.50% while PBOC charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, MAYP or PBOC?
Over the past year MAYP returned +10.69% vs +10.72% for PBOC, so PBOC leads on 1-year performance. Over the longest common window we track (2 years), MAYP annualized +11.31% vs +10.17% for PBOC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAYP or PBOC?
PBOC has been the more volatile fund at 4.5% annualized versus 4.2% for MAYP. Worst drawdown: MAYP -11.1% vs PBOC -8.3%.
Should I hold both MAYP and PBOC?
MAYP and PBOC have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MAYP or PBOC?
MAYP yields 0.00% while PBOC yields 0.00%, so PBOC currently pays the higher dividend yield.
Is PBOC better than MAYP?
MAYP led over the full window, PBOC over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.