PBMY vs SIXZ
PGIM S&P 500 Buffer 20 ETF - May vs AllianzIM US Equity 6 Month Buffer10 May/Nov ETF
Which is better, PBMY or SIXZ?
SIXZ has been ahead.
PBMY has a lower expense ratio. SIXZ 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 | SIXZ |
|---|---|---|
| Expense Ratio | 0.50%Best | 0.74% |
| AUM | $39M | $65M |
| Dividend Yield | 0.07% | 0.00% |
| Holdings | 14 | 15 |
| YTD Return | +6.27% | +9.88%Best |
| 1Y Return | +8.42% | +11.53%Best |
| Volatility (annualized) | 2.7%Best | 6.0% |
| Max Drawdown | -8.1%Best | -10.3% |
| $10,000 over 2.5 years | $12,850 | $13,110Best |
| Fund Family | PGIM Investments | AllianzIM |
| Category | Alternative | Alternative |
| Style | Option Writing | Option Writing |
| Inception | May 1, 2024 | Apr 30, 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).
PBMY vs SIXZ 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.
PBMY vs SIXZ Performance
PGIM S&P 500 Buffer 20 ETF - May (PBMY) is an ETF from PGIM Investments and AllianzIM US Equity 6 Month Buffer10 May/Nov ETF (SIXZ) is an ETF from AllianzIM. Over the past year PBMY returned +8.42% while SIXZ returned +11.53%. Year to date, PBMY is up 6.27% versus a gain of 9.88% for SIXZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SIXZ has been the more volatile fund, with annualized monthly volatility of 6.0% 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 -10.3% for SIXZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBMY charges 0.50% per year while SIXZ 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, PBMY currently yields 0.07% against 0.00% for SIXZ.
You are not choosing between two funds in isolation.
Whichever of PBMY and SIXZ 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 SIXZ?
PBMY has an expense ratio of 0.50% while SIXZ charges 0.74%. PBMY is the cheaper option, by $24 a year on a $10,000 investment.
Which performed better, PBMY or SIXZ?
Over the past year PBMY returned +8.42% vs +11.53% for SIXZ, so SIXZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBMY or SIXZ?
SIXZ has been the more volatile fund at 6.0% annualized versus 2.7% for PBMY. Worst drawdown: PBMY -8.1% vs SIXZ -10.3%.
Should I hold both PBMY and SIXZ?
PBMY and SIXZ have a monthly-return correlation of 0.76, 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 SIXZ?
PBMY yields 0.07% while SIXZ yields 0.00%, so PBMY currently pays the higher dividend yield.
Is SIXZ better than PBMY?
PBMY has a lower expense ratio. SIXZ 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.