HWAY vs PMAU

Comparison between THEMES US INFRASTRUCTURE ETF (HWAY, ETF) and PGIM S&P 500 MAX BUFFER ETF - AUGUST (PMAU, ETF).

HWAY vs PMAU - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HWAY(ETF)	PMAU(ETF)
Net Assets	$3.30M	$3.40M
Expense Ratio	0.29%	0.50%
Max Drawdown	26.12%	1.79%
Sharpe Ratio	1.67	1.24
5Y Beta	1.04	0.17
P/E Ratio	31.08	N/A
Forward P/E	23.76	N/A
5Y EPS CAGR	17.59%	N/A
Debt to Equity	31.51%	N/A
P/S Ratio	2.65	N/A
P/B Ratio	4.95	N/A

Net Assets

HWAY

$3.30M

Winner

PMAU

$3.40M

Expense Ratio

Winner

HWAY

0.29%

PMAU

0.50%

Max Drawdown

HWAY

26.12%

Winner

PMAU

1.79%

Sharpe Ratio

Winner

HWAY

1.67

PMAU

1.24

5Y Beta

HWAY

1.04

Winner

PMAU

0.17

P/E Ratio

HWAY

31.08

PMAU

N/A

Forward P/E

HWAY

23.76

PMAU

N/A

5Y EPS CAGR

HWAY

17.59%

PMAU

N/A

Debt to Equity

HWAY

31.51%

PMAU

N/A

P/S Ratio

HWAY

2.65

PMAU

N/A

P/B Ratio

HWAY

4.95

PMAU

N/A

HWAY vs PMAU - Historical Returns

Returns include dividend reinvestment.

Period	HWAY	PMAU
1 month	+5.15%	+0.49%
3 months	+15.97%	+2.71%
6 months	+24.38%	+3.59%
1 year	+44.37%	+6.08%
Max(CAGR)	+27.83%	+6.97%

Winner

HWAY

+5.15%

PMAU

+0.49%

Winner

HWAY

+15.97%

PMAU

+2.71%

Winner

HWAY

+24.38%

PMAU

+3.59%

Winner

HWAY

+44.37%

PMAU

+6.08%

Max(CAGR)

Winner

HWAY

+27.83%

PMAU

+6.97%

HWAY vs PMAU - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	HWAY	PMAU
2026	+21.81%	+3.01%
2025	+20.79%	+2.98%
2024	+3.38%	N/A

HWAY vs PMAU Drawdown Comparison

The maximum drawdown for HWAY was -25.96%, occurring on Apr 8, 2025. Recovery took 164 trading sessions.

The maximum drawdown for PMAU was -1.79%, occurring on Mar 30, 2026. Recovery took 30 trading sessions.

The current HWAY drawdown is -1.03%. The current PMAU drawdown is -0.13%.

Rank	HWAY	PMAU
#1	-25.96% Nov 25, 2024 - Jul 25, 2025	-1.79% Feb 25, 2026 - Apr 9, 2026
#2	-12.63% Feb 20, 2026 - Apr 23, 2026	-0.79% Oct 28, 2025 - Nov 28, 2025
#3	-7.19% May 6, 2026 - Jun 15, 2026	-0.47% Aug 6, 2025 - Aug 22, 2025
#4	-5.78% Oct 29, 2025 - Dec 3, 2025	-0.47% Oct 6, 2025 - Oct 20, 2025
#5	-3.97% Jul 25, 2025 - Aug 13, 2025	-0.44% Feb 2, 2026 - Feb 9, 2026
#6	-3.77% Dec 11, 2025 - Jan 6, 2026	-0.35% Jan 16, 2026 - Jan 23, 2026
#7	-3.51% Nov 6, 2024 - Nov 22, 2024	-0.30% Feb 10, 2026 - Feb 25, 2026
#8	-3.47% Oct 8, 2025 - Oct 21, 2025	-0.28% Jun 2, 2026 - Jun 15, 2026
#9	-3.12% Oct 18, 2024 - Nov 6, 2024	-0.27% Dec 11, 2025 - Dec 19, 2025
#10	-2.79% Sep 19, 2024 - Oct 11, 2024	-0.26% Aug 28, 2025 - Sep 4, 2025
#11	-2.43% Aug 22, 2025 - Sep 22, 2025	-0.22% Sep 22, 2025 - Sep 30, 2025
#12	-2.39% Apr 23, 2026 - Apr 30, 2026	-0.14% Aug 22, 2025 - Aug 27, 2025
#13	-2.29% Aug 13, 2025 - Aug 22, 2025	-0.13% Jan 27, 2026 - Feb 2, 2026
#14	-2.19% Feb 11, 2026 - Feb 20, 2026	-0.13% Jun 16, 2026 - Jun 17, 2026
#15	-2.18% Jan 6, 2026 - Jan 9, 2026	-0.11% Apr 17, 2026 - Apr 22, 2026