PAYM vs SNOV

Comparison between TrueShares S&P Autocallable Defensive Income ETF (PAYM, ETF) and FT VEST U.S. SMALL CAP MODERATE BUFFER ETF - NOVEMBER (SNOV, ETF).

PAYM vs SNOV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAYM(ETF)	SNOV(ETF)
Net Assets	$113M	$112M
Expense Ratio	0.74%	0.90%
Max Drawdown	3.96%	15.36%
Sharpe Ratio	-3.63	1.08
5Y Beta	0.45	0.59

Net Assets

Winner

PAYM

$113M

SNOV

$112M

Expense Ratio

Winner

PAYM

0.74%

SNOV

0.90%

Max Drawdown

Winner

PAYM

3.96%

SNOV

15.36%

Sharpe Ratio

PAYM

-3.63

Winner

SNOV

1.08

5Y Beta

Winner

PAYM

0.45

SNOV

0.59

PAYM vs SNOV - Historical Returns

Returns include dividend reinvestment.

Period	PAYM	SNOV
1 month	N/A	+1.46%
3 months	N/A	+8.42%
6 months	N/A	+7.77%
1 year	N/A	+17.06%
Max(CAGR)	-26.76%	+12.02%

PAYM

N/A

SNOV

+1.46%

PAYM

N/A

SNOV

+8.42%

PAYM

N/A

SNOV

+7.77%

PAYM

N/A

SNOV

+17.06%

Max(CAGR)

PAYM

-26.76%

Winner

SNOV

+12.02%

PAYM vs SNOV - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	PAYM	SNOV
2026	-1.27%	+8.04%
2025	N/A	+6.97%
2024	N/A	+9.43%
2023	N/A	+5.62%

PAYM vs SNOV Drawdown Comparison

The maximum drawdown for PAYM was -3.96%, occurring on Jun 11, 2026. This drawdown has not yet recovered.

The maximum drawdown for SNOV was -15.36%, occurring on Apr 8, 2025. Recovery took 173 trading sessions.

The current PAYM drawdown is -2.69%.

Rank	PAYM	SNOV
#1	-3.96% Jun 2, 2026 - Jun 11, 2026	-15.36% Dec 2, 2024 - Aug 13, 2025
#2	-0.49% May 28, 2026 - Jun 1, 2026	-7.91% Oct 27, 2025 - Jan 15, 2026
#3	N/A	-4.81% Jan 22, 2026 - Apr 13, 2026
#4	N/A	-4.16% Jul 31, 2024 - Aug 23, 2024
#5	N/A	-3.38% Mar 28, 2024 - May 14, 2024
#6	N/A	-2.72% Dec 27, 2023 - Feb 12, 2024
#7	N/A	-2.30% Oct 6, 2025 - Oct 14, 2025
#8	N/A	-2.17% Oct 15, 2025 - Oct 27, 2025
#9	N/A	-2.14% Aug 30, 2024 - Sep 18, 2024
#10	N/A	-1.81% Feb 12, 2024 - Feb 27, 2024
#11	N/A	-1.53% May 21, 2024 - Jul 11, 2024
#12	N/A	-1.34% Aug 13, 2025 - Aug 22, 2025
#13	N/A	-1.32% Sep 22, 2025 - Oct 3, 2025
#14	N/A	-1.27% May 6, 2026 - May 22, 2026
#15	N/A	-1.13% Jun 4, 2026 - Jun 12, 2026

Correlation

Correlation between PAYM and SNOV is -1.00 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-1.00

-101