PAYM vs TRPA

Comparison between TrueShares S&P Autocallable Defensive Income ETF (PAYM, ETF) and HARTFORD AAA CLO ETF (TRPA, ETF).

PAYM vs TRPA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAYM(ETF)	TRPA(ETF)
Net Assets	$101M	$101M
Expense Ratio	0.74%	0.24%
Max Drawdown	2.42%	1.30%
Sharpe Ratio	-3.13	0.73
5Y Beta	0.47	0.04

Net Assets

PAYM

$101M

Winner

TRPA

$101M

Expense Ratio

PAYM

0.74%

Winner

TRPA

0.24%

Max Drawdown

PAYM

2.42%

Winner

TRPA

1.30%

Sharpe Ratio

PAYM

-3.13

Winner

TRPA

0.73

5Y Beta

PAYM

0.47

Winner

TRPA

0.04

PAYM vs TRPA - Historical Returns

Returns include dividend reinvestment.

Period	PAYM	TRPA
1 month	N/A	+0.45%
3 months	N/A	+1.71%
6 months	N/A	+2.47%
1 year	N/A	+5.38%
Max(CAGR)	-36.74%	+6.06%

PAYM

N/A

TRPA

+0.45%

PAYM

N/A

TRPA

+1.71%

PAYM

N/A

TRPA

+2.47%

PAYM

N/A

TRPA

+5.38%

Max(CAGR)

PAYM

-36.74%

Winner

TRPA

+6.06%

PAYM vs TRPA - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	PAYM	TRPA
2026	-1.00%	+1.86%
2025	N/A	+4.84%

PAYM vs TRPA Drawdown Comparison

The maximum drawdown for PAYM was -2.42%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for TRPA was -0.61%, occurring on Mar 24, 2026. Recovery took 16 trading sessions.

The current PAYM drawdown is -2.42%.

Rank	PAYM	TRPA
#1	-2.42% Jun 2, 2026 - Jun 5, 2026	-0.61% Mar 18, 2026 - Apr 10, 2026
#2	-0.49% May 28, 2026 - Jun 1, 2026	-0.53% Mar 2, 2026 - Mar 9, 2026
#3	N/A	-0.46% Jul 10, 2025 - Jul 29, 2025
#4	N/A	-0.41% Jul 29, 2025 - Aug 4, 2025
#5	N/A	-0.35% Apr 24, 2025 - Apr 29, 2025
#6	N/A	-0.33% Oct 7, 2025 - Oct 22, 2025
#7	N/A	-0.33% Feb 20, 2026 - Mar 2, 2026
#8	N/A	-0.32% Aug 4, 2025 - Aug 18, 2025
#9	N/A	-0.31% Mar 16, 2026 - Mar 18, 2026
#10	N/A	-0.31% Sep 3, 2025 - Sep 11, 2025
#11	N/A	-0.31% Aug 18, 2025 - Aug 29, 2025
#12	N/A	-0.27% Oct 22, 2025 - Oct 31, 2025
#13	N/A	-0.26% Apr 15, 2025 - Apr 22, 2025
#14	N/A	-0.24% May 22, 2025 - Jun 2, 2025
#15	N/A	-0.23% Jul 2, 2025 - Jul 8, 2025

Correlation

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

-1.00

-101