SEPP vs LBAY

Comparison between PGIM S&P 500 BUFFER 12 ETF - SEPTEMBER (SEPP, ETF) and LEATHERBACK LONG/SHORT ALTERNATIVE YIELD ETF (LBAY, ETF).

SEPP vs LBAY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SEPP(ETF)	LBAY(ETF)
Net Assets	$20M	$20M
Expense Ratio	0.50%	1.20%
Max Drawdown	11.75%	22.04%
Sharpe Ratio	1.83	0.45
5Y Beta	0.54	0.13
P/E Ratio	N/A	11.76
Forward P/E	N/A	15.45
5Y Dividends CAGR	N/A	23.68%
5Y EPS CAGR	N/A	12.40%
Debt to Equity	N/A	115.01%
P/S Ratio	N/A	1.35
P/B Ratio	N/A	2.13

Net Assets

Winner

SEPP

$20M

LBAY

$20M

Expense Ratio

Winner

SEPP

0.50%

LBAY

1.20%

Max Drawdown

Winner

SEPP

11.75%

LBAY

22.04%

Sharpe Ratio

Winner

SEPP

1.83

LBAY

0.45

5Y Beta

SEPP

0.54

Winner

LBAY

0.13

P/E Ratio

SEPP

N/A

LBAY

11.76

Forward P/E

SEPP

N/A

LBAY

15.45

5Y Dividends CAGR

SEPP

N/A

LBAY

23.68%

5Y EPS CAGR

SEPP

N/A

LBAY

12.40%

Debt to Equity

SEPP

N/A

LBAY

115.01%

P/S Ratio

SEPP

N/A

LBAY

1.35

P/B Ratio

SEPP

N/A

LBAY

2.13

SEPP vs LBAY - Historical Returns

Returns include dividend reinvestment.

Period	SEPP	LBAY
1 month	+1.13%	+0.08%
3 months	+4.76%	-5.26%
6 months	+5.63%	+9.46%
1 year	+17.44%	+9.71%
5 years(CAGR)	N/A	+4.02%
Max(CAGR)	+12.78%	+8.15%

Winner

SEPP

+1.13%

LBAY

+0.08%

Winner

SEPP

+4.76%

LBAY

-5.26%

SEPP

+5.63%

Winner

LBAY

+9.46%

Winner

SEPP

+17.44%

LBAY

+9.71%

5Y(CAGR)

SEPP

N/A

LBAY

+4.02%

Max(CAGR)

Winner

SEPP

+12.78%

LBAY

+8.15%

SEPP vs LBAY - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	SEPP	LBAY
2026	+5.01%	+7.69%
2025	+14.09%	+4.66%
2024	+6.79%	-4.35%
2023	N/A	-8.50%
2022	N/A	+22.44%
2021	N/A	+22.29%
2020	N/A	+4.58%

SEPP vs LBAY Drawdown Comparison

The maximum drawdown for SEPP was -11.75%, occurring on Apr 8, 2025. Recovery took 77 trading sessions.

The maximum drawdown for LBAY was -15.99%, occurring on Oct 27, 2023. Recovery took 771 trading sessions.

The current SEPP drawdown is -0.69%. The current LBAY drawdown is -9.85%.

Rank	SEPP	LBAY
#1	-11.75% Feb 19, 2025 - Jun 10, 2025	-15.99% Jan 6, 2023 - Feb 4, 2026
#2	-4.74% Feb 25, 2026 - Apr 13, 2026	-12.94% Jun 7, 2022 - Nov 22, 2022
#3	-2.60% Aug 30, 2024 - Sep 16, 2024	-11.91% Feb 27, 2026 - Jun 1, 2026
#4	-2.48% Jul 16, 2024 - Aug 15, 2024	-10.45% May 17, 2021 - Jan 4, 2022
#5	-2.46% Oct 27, 2025 - Dec 2, 2025	-5.77% Apr 20, 2022 - May 24, 2022
#6	-1.85% Dec 4, 2024 - Jan 21, 2025	-5.34% Jan 14, 2021 - Feb 22, 2021
#7	-1.65% Oct 8, 2025 - Oct 20, 2025	-4.14% Mar 15, 2021 - Mar 26, 2021
#8	-1.51% Feb 9, 2026 - Feb 25, 2026	-2.91% Feb 24, 2021 - Mar 5, 2021
#9	-1.33% Feb 2, 2026 - Feb 9, 2026	-2.80% Feb 23, 2026 - Feb 27, 2026
#10	-1.31% Oct 18, 2024 - Nov 6, 2024	-2.70% Nov 24, 2020 - Dec 3, 2020
#11	-1.28% Jul 28, 2025 - Aug 8, 2025	-2.48% May 10, 2021 - May 14, 2021
#12	-1.25% Jan 12, 2026 - Jan 27, 2026	-2.25% Dec 2, 2022 - Dec 27, 2022
#13	-1.20% Nov 8, 2024 - Nov 25, 2024	-2.13% Dec 9, 2020 - Dec 31, 2020
#14	-1.12% Dec 11, 2025 - Dec 22, 2025	-2.01% Jan 18, 2022 - Feb 9, 2022
#15	-0.80% Jun 12, 2025 - Jun 23, 2025	-1.86% Mar 4, 2022 - Mar 21, 2022