MAYU vs PBAP
AllianzIM US Equity Buffer15 Uncapped May ETF vs PGIM S&P 500 Buffer 20 ETF - April
Which is better, MAYU or PBAP?
MAYU has been ahead.
PBAP has a lower expense ratio. MAYU led over 1Y and the full window.
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 | MAYU | PBAP |
|---|---|---|
| Expense Ratio | 0.74% | 0.50%Best |
| AUM | $45M | $38M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 12 | 16 |
| YTD Return | +10.24%Best | +9.59% |
| 1Y Return | +12.84%Best | +11.83% |
| Volatility (annualized) | 11.1% | 4.4%Best |
| Max Drawdown | -15.4% | -9.7%Best |
| $10,000 over 2.5 years | $13,983Best | $12,981 |
| Fund Family | AllianzIM | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | Apr 30, 2024 | Mar 29, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 1, 2024 to Oct 14, 2026 (2.5 years).
MAYU vs PBAP 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 2.5 years both funds cover.
MAYU vs PBAP Performance
AllianzIM US Equity Buffer15 Uncapped May ETF (MAYU) is an ETF from AllianzIM and PGIM S&P 500 Buffer 20 ETF - April (PBAP) is an ETF from PGIM Investments. Over the past year MAYU returned +12.84% while PBAP returned +11.83%. Year to date, MAYU is up 10.24% versus a gain of 9.59% for PBAP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAYU has been the more volatile fund, with annualized monthly volatility of 11.1% compared with 4.4% for PBAP. 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 -15.4% for MAYU and -9.7% for PBAP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAYU charges 0.74% per year while PBAP charges 0.50%. On a $10,000 position that is $74 vs $50 annually, a gap of $24 per year that compounds over a long holding period. On income, MAYU currently yields 0.00% against 0.00% for PBAP.
You are not choosing between two funds in isolation.
Whichever of MAYU and PBAP 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, MAYU or PBAP?
MAYU has an expense ratio of 0.74% while PBAP charges 0.50%. PBAP is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, MAYU or PBAP?
Over the past year MAYU returned +12.84% vs +11.83% for PBAP, so MAYU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAYU or PBAP?
MAYU has been the more volatile fund at 11.1% annualized versus 4.4% for PBAP. Worst drawdown: MAYU -15.4% vs PBAP -9.7%.
Should I hold both MAYU and PBAP?
MAYU and PBAP have a monthly-return correlation of 0.84, 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, MAYU or PBAP?
MAYU yields 0.00% while PBAP yields 0.00%, so PBAP currently pays the higher dividend yield.
Is PBAP better than MAYU?
PBAP has a lower expense ratio. MAYU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.