MAYP vs SEPP
PGIM S&P 500 Buffer 12 ETF - May vs PGIM S&P 500 Buffer 12 ETF - September
Which is better, MAYP 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 | MAYP | SEPP |
|---|---|---|
| Expense Ratio | 0.50%Tie | 0.50%Tie |
| AUM | $37M | $91M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 14 | 14 |
| YTD Return | +7.46% | +8.21%Best |
| 1Y Return | +9.07% | +9.52%Best |
| Volatility (annualized) | 4.2%Best | 6.2% |
| Max Drawdown | -11.1%Best | -11.8% |
| $10,000 over 2.5 years | $12,893 | $13,207Best |
| 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 2.5 years row, are measured over the window both funds cover: May 15, 2024 to Nov 11, 2026 (2.5 years).
MAYP 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 2.5 years both funds cover.
MAYP vs SEPP Performance
PGIM S&P 500 Buffer 12 ETF - May (MAYP) 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 MAYP returned +9.07% while SEPP returned +9.52%. Year to date, MAYP is up 7.46% versus a gain of 8.21% 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 6.2% 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 -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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MAYP charges 0.50% per year while SEPP 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 SEPP.
You are not choosing between two funds in isolation.
Whichever of MAYP 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, MAYP or SEPP?
MAYP 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, MAYP or SEPP?
Over the past year MAYP returned +9.07% vs +9.52% for SEPP, so SEPP leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAYP or SEPP?
SEPP has been the more volatile fund at 6.2% annualized versus 4.2% for MAYP. Worst drawdown: MAYP -11.1% vs SEPP -11.8%.
Should I hold both MAYP and SEPP?
MAYP and SEPP 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 SEPP?
MAYP yields 0.00% while SEPP yields 0.00%, so SEPP currently pays the higher dividend yield.
Is SEPP better than MAYP?
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.