MSTB vs BUFP

Comparison between LHA MARKET STATE TACTICAL BETA ETF (MSTB, ETF) and PGIM LADDERED S&P 500 BUFFER 12 ETF (BUFP, ETF).

MSTB vs BUFP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MSTB(ETF)	BUFP(ETF)
Net Assets	$197M	$196M
Expense Ratio	1.38%	0.50%
Max Drawdown	26.34%	11.98%
Sharpe Ratio	1.22	1.76
5Y Beta	0.58	0.54
5Y Dividends CAGR	0.26%	N/A

Net Assets

Winner

MSTB

$197M

BUFP

$196M

Expense Ratio

MSTB

1.38%

Winner

BUFP

0.50%

Max Drawdown

MSTB

26.34%

Winner

BUFP

11.98%

Sharpe Ratio

MSTB

1.22

Winner

BUFP

1.76

5Y Beta

MSTB

0.58

Winner

BUFP

0.54

5Y Dividends CAGR

MSTB

0.26%

BUFP

N/A

MSTB vs BUFP - Holdings Comparison

MSTB and BUFP have 0 common holdings. Overlap is 0.00%

MSTB's top 25 holdings weight is 89.65%. BUFP's top 25 holdings weight is 99.99%.

Rank	MSTB	BUFP
#1	STATE STREET® SPDR® S&P 500® ETF (SPY) - 82.83%	PGIM S&P 500 BUFFER 12 ETF FEB (FEBP) - 8.34%
#2	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 3.41%	PGIM S&P 500 BUFFER 12 ETF OCT (OCTP) - 8.34%
#3	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 3.41%	PGIM S&P 500 BUFFER 12 ETF NOV (NOVP) - 8.34%
#4	N/A	PGIM S&P 500 BUFFER 12 ETF APR (APRP) - 8.33%
#5	N/A	PGIM S&P 500 BUFFER 12 ETF DEC (DECP) - 8.33%
#6	N/A	PGIM S&P 500 BUFFER 12 ETF AUG (AUGP) - 8.33%
#7	N/A	PGIM S&P 500 BUFFER 12 ETF JAN (JANP) - 8.33%
#8	N/A	PGIM S&P 500 BUFFER 12 ETF JUL (JULP) - 8.33%
#9	N/A	PGIM S&P 500 BUFFER 12 ETF MAR (MRCP) - 8.33%
#10	N/A	PGIM S&P 500 BUFFER 12 ETF JUN (JUNP) - 8.33%
#11	N/A	PGIM S&P 500 BUFFER 12 ETF MAY (MAYP) - 8.33%
#12	N/A	PGIM S&P 500 BUFFER 12 ETF SEP (SEPP) - 8.33%
#13	N/A	N/A
#14	N/A	N/A
#15	N/A	N/A
#16	N/A	N/A
#17	N/A	N/A
#18	N/A	N/A
#19	N/A	N/A
#20	N/A	N/A
#21	N/A	N/A
#22	N/A	N/A
#23	N/A	N/A
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	3	12

MSTB vs BUFP - Historical Returns

Returns include dividend reinvestment.

Period	MSTB	BUFP
1 month	+0.70%	+1.23%
3 months	+9.83%	+6.75%
6 months	+8.54%	+7.12%
1 year	+19.25%	+16.82%
5 years(CAGR)	+8.35%	N/A
Max(CAGR)	+11.23%	+13.08%

MSTB

+0.70%

Winner

BUFP

+1.23%

Winner

MSTB

+9.83%

BUFP

+6.75%

Winner

MSTB

+8.54%

BUFP

+7.12%

Winner

MSTB

+19.25%

BUFP

+16.82%

5Y(CAGR)

MSTB

+8.35%

BUFP

N/A

Max(CAGR)

MSTB

+11.23%

Winner

BUFP

+13.08%

MSTB vs BUFP - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	MSTB	BUFP
2026	+8.11%	+6.58%
2025	+18.86%	+12.96%
2024	+19.29%	+6.36%
2023	+16.84%	N/A
2022	-23.20%	N/A
2021	+22.88%	N/A
2020	+9.44%	N/A

MSTB vs BUFP Drawdown Comparison

The maximum drawdown for MSTB was -25.64%, occurring on Sep 30, 2022. Recovery took 613 trading sessions.

The maximum drawdown for BUFP was -11.98%, occurring on Apr 8, 2025. Recovery took 95 trading sessions.

The current MSTB drawdown is -1.19%.

Rank	MSTB	BUFP
#1	-25.64% Jan 3, 2022 - Jun 12, 2024	-11.98% Jan 27, 2025 - Jun 12, 2025
#2	-10.81% Jan 23, 2025 - May 12, 2025	-4.41% Feb 25, 2026 - Apr 9, 2026
#3	-8.31% Oct 29, 2025 - Apr 16, 2026	-4.08% Jul 16, 2024 - Aug 19, 2024
#4	-6.18% Aug 30, 2021 - Nov 3, 2021	-2.18% Aug 30, 2024 - Sep 16, 2024
#5	-5.83% Nov 18, 2021 - Dec 23, 2021	-2.14% Oct 27, 2025 - Nov 26, 2025
#6	-5.60% Jul 16, 2024 - Sep 19, 2024	-1.75% Jun 2, 2026 - Jun 15, 2026
#7	-5.16% Oct 12, 2020 - Nov 9, 2020	-1.49% Dec 11, 2024 - Jan 17, 2025
#8	-5.03% Feb 12, 2021 - Apr 1, 2021	-1.26% Oct 8, 2025 - Oct 20, 2025
#9	-4.26% Dec 6, 2024 - Jan 23, 2025	-1.13% Feb 2, 2026 - Feb 9, 2026
#10	-4.09% Jun 2, 2026 - Jun 10, 2026	-1.09% Oct 22, 2024 - Nov 6, 2024
#11	-3.39% Jul 12, 2021 - Jul 23, 2021	-1.04% Jul 28, 2025 - Aug 6, 2025
#12	-3.20% May 7, 2021 - Jun 30, 2021	-1.02% Jan 12, 2026 - Jan 26, 2026
#13	-2.88% Oct 18, 2024 - Nov 7, 2024	-1.00% Feb 9, 2026 - Feb 25, 2026
#14	-2.80% Oct 8, 2025 - Oct 21, 2025	-0.85% Aug 14, 2025 - Aug 27, 2025
#15	-2.62% May 19, 2025 - Jun 3, 2025	-0.84% Dec 11, 2025 - Dec 19, 2025