PBMY vs SEPP
PGIM S&P 500 Buffer 20 ETF - May vs PGIM S&P 500 Buffer 12 ETF - September
Which is better, PBMY or SEPP?
SEPP has been ahead.
SEPP 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 | PBMY | SEPP |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $39M | $33M |
| Dividend Yield | 0.07% | 0.00% |
| Holdings | 14 | 14 |
| YTD Return | +6.27% | +8.86%Best |
| 1Y Return | +8.42% | +11.86%Best |
| Volatility (annualized) | 2.7%Best | 6.3% |
| Max Drawdown | -8.1%Best | -11.8% |
| $10,000 over 2.4 years | $12,447 | $13,250Best |
| Fund Family | PGIM Investments | PGIM Investments |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 1, 2024 | May 15, 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 15, 2024 to Oct 14, 2026 (2.4 years).
PBMY vs SEPP 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.
PBMY vs SEPP Performance
PGIM S&P 500 Buffer 20 ETF - May (PBMY) is an ETF from PGIM Investments and PGIM S&P 500 Buffer 12 ETF - September (SEPP) is an ETF from PGIM Investments. Over the past year PBMY returned +8.42% while SEPP returned +11.86%. Year to date, PBMY is up 6.27% versus a gain of 8.86% for SEPP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SEPP has been the more volatile fund, with annualized monthly volatility of 6.3% compared with 2.7% for PBMY. 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 -8.1% for PBMY and -11.8% for SEPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBMY charges 0.50% per year while SEPP charges 0.50%. On a $10,000 position that is $50 vs $50 annually. On income, PBMY currently yields 0.07% against 0.00% for SEPP.
You are not choosing between two funds in isolation.
Whichever of PBMY and SEPP 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, PBMY or SEPP?
PBMY has an expense ratio of 0.50% while SEPP charges 0.50%. At the precision these are quoted to, they cost the same.
Which performed better, PBMY or SEPP?
Over the past year PBMY returned +8.42% vs +11.86% for SEPP, so SEPP leads on 1-year performance. Over the longest common window we track (2 years), PBMY annualized +9.55% vs +12.44% for SEPP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBMY or SEPP?
SEPP has been the more volatile fund at 6.3% annualized versus 2.7% for PBMY. Worst drawdown: PBMY -8.1% vs SEPP -11.8%.
Should I hold both PBMY and SEPP?
PBMY and SEPP have a monthly-return correlation of 0.79, 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, PBMY or SEPP?
PBMY yields 0.07% while SEPP yields 0.00%, so PBMY currently pays the higher dividend yield.
Is SEPP better than PBMY?
SEPP 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.