PMM vs BUFB
Comparison between Putnam Managed Municipal Income Trust. (PMM, ETF) and Innovator Laddered Allocation Buffer ETF (BUFB, ETF).
PMM vs BUFB - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PMM
$287M
BUFB
$286M
Expense Ratio
PMM
N/A
BUFB
0.89%
Max Drawdown
PMM
55.45%
Winner
BUFB
14.88%
Sharpe Ratio
PMM
0.75
Winner
BUFB
1.70
5Y Beta
Winner
PMM
0.25
BUFB
0.63
5Y Dividends CAGR
PMM
-5.23%
BUFB
N/A
PMM vs BUFB - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PMM
+1.08%
BUFB
+0.88%
3M
PMM
-1.47%
Winner
BUFB
+5.21%
6M
PMM
+1.95%
Winner
BUFB
+6.60%
1Y
PMM
+11.94%
Winner
BUFB
+18.36%
5Y(CAGR)
PMM
-1.23%
Winner
BUFB
+10.55%
10Y(CAGR)
PMM
+2.68%
BUFB
N/A
Max(CAGR)
PMM
+4.11%
Winner
BUFB
+10.55%
PMM vs BUFB - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | PMM | BUFB |
|---|---|---|
| 2026 | +2.49% | +5.96% |
| 2025 | +9.59% | +13.48% |
| 2024 | +3.02% | +16.85% |
| 2023 | +2.56% | +20.79% |
| 2022 | -24.71% | -8.37% |
| 2021 | +14.43% | N/A |
| 2020 | +5.39% | N/A |
| 2019 | +20.89% | N/A |
| 2018 | -4.36% | N/A |
| 2017 | +8.41% | N/A |
| 2016 | +1.50% | N/A |
| 2015 | +8.42% | N/A |
| 2014 | +16.71% | N/A |
| 2013 | -14.18% | N/A |
| 2012 | +13.90% | N/A |
| 2011 | +16.72% | N/A |
| 2010 | +11.36% | N/A |
| 2009 | +39.05% | N/A |
| 2008 | -23.78% | N/A |
| 2007 | -4.68% | N/A |
| 2006 | +13.52% | N/A |
| 2005 | +5.00% | N/A |
| 2004 | +4.05% | N/A |
| 2003 | +7.27% | N/A |
| 2002 | -1.93% | N/A |
| 2001 | +2.95% | N/A |
| 2000 | -2.73% | N/A |
| 1999 | -18.75% | N/A |
PMM vs BUFB Drawdown Comparison
The maximum drawdown for PMM was -38.66%, occurring on Dec 12, 2008. Recovery took 604 trading sessions.
The maximum drawdown for BUFB was -14.88%, occurring on Oct 14, 2022. Recovery took 301 trading sessions.
The current PMM drawdown is -12.13%. The current BUFB drawdown is -1.45%.
| Rank | PMM | BUFB |
|---|---|---|
| #1 | -38.66% May 15, 2007 - Oct 6, 2009 | -14.88% Mar 29, 2022 - Jun 9, 2023 |
| #2 | -37.70% Dec 23, 2021 - Oct 25, 2023 | -13.75% Feb 19, 2025 - Jun 24, 2025 |
| #3 | -29.07% Feb 25, 2020 - Dec 31, 2020 | -7.41% Jul 28, 2023 - Nov 20, 2023 |
| #4 | -23.55% Aug 23, 2000 - May 23, 2005 | -6.11% Feb 9, 2022 - Mar 28, 2022 |
| #5 | -22.09% Jan 25, 2013 - Oct 22, 2015 | -5.12% Feb 25, 2026 - Apr 13, 2026 |
| #6 | -19.37% Nov 1, 1999 - Aug 17, 2000 | -4.60% Jul 16, 2024 - Aug 19, 2024 |
| #7 | -15.50% Oct 19, 2010 - Jul 22, 2011 | -2.77% Oct 29, 2025 - Nov 28, 2025 |
| #8 | -12.72% Sep 28, 2016 - Sep 13, 2017 | -2.72% Apr 9, 2024 - May 6, 2024 |
| #9 | -10.42% Aug 25, 2005 - Aug 15, 2006 | -2.17% Aug 30, 2024 - Sep 16, 2024 |
| #10 | -9.63% Sep 15, 2017 - Feb 8, 2019 | -1.83% Dec 16, 2024 - Jan 21, 2025 |
| #11 | -8.11% Mar 8, 2012 - May 9, 2012 | -1.56% Jun 15, 2023 - Jun 30, 2023 |
| #12 | -8.09% Jul 22, 2011 - Aug 22, 2011 | -1.47% Jul 28, 2025 - Aug 12, 2025 |
| #13 | -7.15% Oct 3, 2012 - Jan 8, 2013 | -1.45% Jun 2, 2026 - Jun 5, 2026 |
| #14 | -6.40% Jun 25, 2021 - Nov 18, 2021 | -1.42% Oct 9, 2025 - Oct 23, 2025 |
| #15 | -6.36% Oct 6, 2009 - Jan 15, 2010 | -1.30% Jan 12, 2026 - Jan 27, 2026 |
Correlation
Correlation between PMM and BUFB is 0.73 which considered as a strong positive correlation - the stocks tend to move together.
0.73
-101
Select Stocks to Compare
Popular: PMM vs SPYBUFB vs SPY
More Comparisons
Compare with similar stocks