SNOV vs PAYM

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

SNOV vs PAYM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

SNOV

$112M

Winner

PAYM

$113M

Expense Ratio

SNOV

0.90%

Winner

PAYM

0.74%

Max Drawdown

SNOV

15.36%

Winner

PAYM

3.96%

Sharpe Ratio

Winner

SNOV

1.08

PAYM

-3.63

5Y Beta

SNOV

0.59

Winner

PAYM

0.45

SNOV vs PAYM - Historical Returns

Returns include dividend reinvestment.

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

SNOV

+1.46%

PAYM

N/A

SNOV

+8.42%

PAYM

N/A

SNOV

+7.77%

PAYM

N/A

SNOV

+17.06%

PAYM

N/A

Max(CAGR)

Winner

SNOV

+12.02%

PAYM

-26.76%

SNOV vs PAYM - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

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

SNOV vs PAYM Drawdown Comparison

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

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

The current PAYM drawdown is -2.69%.

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

Correlation

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

-1.00

-101