PMAU vs HWAY

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

PMAU vs HWAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PMAU(ETF)	HWAY(ETF)
Net Assets	$3.50M	$3.50M
Expense Ratio	0.50%	0.29%
Max Drawdown	1.79%	26.12%
Sharpe Ratio	1.28	1.26
5Y Beta	0.16	1.02
P/E Ratio	N/A	32.03
Forward P/E	N/A	23.07
5Y EPS CAGR	N/A	17.13%
Debt to Equity	N/A	30.99%
P/S Ratio	N/A	2.63
P/B Ratio	N/A	4.80

Net Assets

PMAU

$3.50M

HWAY

$3.50M

Expense Ratio

PMAU

0.50%

Winner

HWAY

0.29%

Max Drawdown

Winner

PMAU

1.79%

HWAY

26.12%

Sharpe Ratio

Winner

PMAU

1.28

HWAY

1.26

5Y Beta

Winner

PMAU

0.16

HWAY

1.02

P/E Ratio

PMAU

N/A

HWAY

32.03

Forward P/E

PMAU

N/A

HWAY

23.07

5Y EPS CAGR

PMAU

N/A

HWAY

17.13%

Debt to Equity

PMAU

N/A

HWAY

30.99%

P/S Ratio

PMAU

N/A

HWAY

2.63

P/B Ratio

PMAU

N/A

HWAY

4.80

PMAU vs HWAY - Historical Returns

Returns include dividend reinvestment.

Period	PMAU	HWAY
1 month	+0.68%	-1.27%
3 months	+1.87%	+4.46%
6 months	+3.37%	+15.32%
1 year	+6.84%	+31.23%
Max(CAGR)	+7.00%	+26.09%

Winner

PMAU

+0.68%

HWAY

-1.27%

PMAU

+1.87%

Winner

HWAY

+4.46%

PMAU

+3.37%

Winner

HWAY

+15.32%

PMAU

+6.84%

Winner

HWAY

+31.23%

Max(CAGR)

PMAU

+7.00%

Winner

HWAY

+26.09%

PMAU vs HWAY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	PMAU	HWAY
2026	+3.75%	+21.73%
2025	+2.98%	+20.79%
2024	N/A	+3.38%

PMAU vs HWAY Drawdown Comparison

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

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

The current HWAY drawdown is -3.65%.

Rank	PMAU	HWAY
#1	-1.79% Feb 25, 2026 - Apr 9, 2026	-25.96% Nov 25, 2024 - Jul 25, 2025
#2	-0.79% Oct 28, 2025 - Nov 28, 2025	-12.63% Feb 20, 2026 - Apr 23, 2026
#3	-0.47% Aug 6, 2025 - Aug 22, 2025	-7.42% Jun 25, 2026 - Jul 20, 2026
#4	-0.47% Oct 6, 2025 - Oct 20, 2025	-7.19% May 6, 2026 - Jun 15, 2026
#5	-0.44% Feb 2, 2026 - Feb 9, 2026	-5.78% Oct 29, 2025 - Dec 3, 2025
#6	-0.35% Jan 16, 2026 - Jan 23, 2026	-3.97% Jul 25, 2025 - Aug 13, 2025
#7	-0.30% Feb 10, 2026 - Feb 25, 2026	-3.77% Dec 11, 2025 - Jan 6, 2026
#8	-0.28% Jun 2, 2026 - Jun 15, 2026	-3.51% Nov 6, 2024 - Nov 22, 2024
#9	-0.27% Dec 11, 2025 - Dec 19, 2025	-3.47% Oct 8, 2025 - Oct 21, 2025
#10	-0.26% Aug 28, 2025 - Sep 4, 2025	-3.12% Oct 18, 2024 - Nov 6, 2024
#11	-0.22% Sep 22, 2025 - Sep 30, 2025	-2.79% Sep 19, 2024 - Oct 11, 2024
#12	-0.14% Aug 22, 2025 - Aug 27, 2025	-2.43% Aug 22, 2025 - Sep 22, 2025
#13	-0.13% Jan 27, 2026 - Feb 2, 2026	-2.39% Apr 23, 2026 - Apr 30, 2026
#14	-0.13% Jun 16, 2026 - Jun 22, 2026	-2.29% Aug 13, 2025 - Aug 22, 2025
#15	-0.13% Jun 22, 2026 - Jun 29, 2026	-2.19% Feb 11, 2026 - Feb 20, 2026