BUYB vs. SPXM

Last updated Jul 21, 2026

BUYB (ProShares S&P 500 Buyback Aristocrats ETF) and SPXM (Azoria 500 Meritocracy ETF) are both Large Cap Blend Equities funds. BUYB is passively managed, while SPXM is actively managed. BUYB charges 0.39%/yr vs 0.47%/yr for SPXM.

Performance

BUYB vs. SPXM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P 500 Buyback Aristocrats ETF (BUYB) and Azoria 500 Meritocracy ETF (SPXM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BUYB

• 1D: -0.63%
• 1M: 3.01%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

SPXM

• 1D: 0.00%
• 1M: 0.00%
• 6M: 0.00%
• YTD: 0.00%
• 1Y: 8.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.96%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUYB vs. SPXM - Yearly Performance Comparison

	2026 (YTD)
BUYB ProShares S&P 500 Buyback Aristocrats ETF	5.82%
SPXM Azoria 500 Meritocracy ETF	0.00%

Return for Risk

BUYB vs. SPXM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUYB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SPXM

SPXM Risk / Return Rank: 61
SPXM Sharpe Ratio Rank: 51
SPXM Sortino Ratio Rank: 49
SPXM Omega Ratio Rank: 82
SPXM Calmar Ratio Rank: 52
SPXM Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUYB vs. SPXM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P 500 Buyback Aristocrats ETF (BUYB) and Azoria 500 Meritocracy ETF (SPXM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BUYB	SPXM	Difference
Sharpe ratio: Return per unit of total volatility	—	1.31	—
Sortino ratio: Return per unit of downside risk	—	1.86	—
Omega ratio: Gain probability vs. loss probability	—	1.36	—
Calmar ratio: Return relative to maximum drawdown	—	1.97	—
Martin ratio: Return relative to average drawdown	—	9.18	—

Drawdowns

BUYB vs. SPXM - Drawdown Comparison

The maximum BUYB drawdown since its inception was -2.31%, smaller than the maximum SPXM drawdown of -5.08%. Use the drawdown chart below to compare losses from any high point for BUYB and SPXM.

Drawdown Indicators

	BUYB	SPXM	Difference
Max Drawdown Largest peak-to-trough decline	-2.31%	-5.08%	+2.77%
Max Drawdown (1Y) Largest decline over 1 year	—	-5.08%	—
Current Drawdown Current decline from peak	-1.09%	-0.75%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.66%	-0.78%	+0.12%

Volatility

Volatility by Period

	BUYB	SPXM	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.41%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.60%	7.65%	+3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.60%	7.56%	+4.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.60%	7.56%	+4.04%

BUYB vs. SPXM - Expense Ratio Comparison

BUYB has a 0.39% expense ratio, which is lower than SPXM's 0.47% expense ratio.

Dividends

BUYB vs. SPXM - Dividend Comparison

BUYB's dividend yield for the trailing twelve months is around 0.12%, less than SPXM's 0.24% yield.

Position	TTM	2025
BUYB ProShares S&P 500 Buyback Aristocrats ETF	0.12%	0.00%
SPXM Azoria 500 Meritocracy ETF	0.24%	0.24%

Frequently Asked Questions

Which ETF is better, BUYB or SPXM?

On fees, BUYB is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BUYB or SPXM?

BUYB is cheaper with a 0.39% expense ratio, compared with 0.47% for SPXM.

Which ETF pays a higher dividend yield, BUYB or SPXM?

SPXM has the higher dividend yield at 0.24%, compared with 0.12% for BUYB.

What is the main difference between BUYB and SPXM?

They also come from different issuers: ProShares and Azoria. Their fees differ too: 0.39% for BUYB and 0.47% for SPXM.