PLOO vs. PMSE

Last updated Jun 4, 2026

PLOO (Leverage Shares 2x Capped Accelerated PLTR Monthly ETF) and PMSE (PGIM S&P 500 Max Buffer ETF - September) are both Defined Outcome funds. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. PLOO charges 0.80%/yr vs 0.50%/yr for PMSE.

Performance

PLOO vs. PMSE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Capped Accelerated PLTR Monthly ETF (PLOO) and PGIM S&P 500 Max Buffer ETF - September (PMSE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PLOO achieves a -11.52% return, which is significantly lower than PMSE's 2.85% return.

PLOO

• 1D: -6.42%
• 1M: 2.35%
• YTD: -11.52%
• 6M: -4.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PMSE

• 1D: 0.00%
• 1M: 0.94%
• YTD: 2.85%
• 6M: 3.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

PLOO vs. PMSE - Yearly Performance Comparison

	2026 (YTD)	2025
PLOO Leverage Shares 2x Capped Accelerated PLTR Monthly ETF	-11.52%	21.65%
PMSE PGIM S&P 500 Max Buffer ETF - September	2.85%	2.23%

Correlation

The correlation between PLOO and PMSE is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 3, 2025	0.42

Return for Risk

PLOO vs. PMSE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated PLTR Monthly ETF (PLOO) and PGIM S&P 500 Max Buffer ETF - September (PMSE). 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.

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

Sharpe Ratios by Period

	PLOO	PMSE	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.20	3.05	-3.25

Drawdowns

PLOO vs. PMSE - Drawdown Comparison

The maximum PLOO drawdown since its inception was -33.59%, which is greater than PMSE's maximum drawdown of -1.44%. Use the drawdown chart below to compare losses from any high point for PLOO and PMSE.

Drawdown Indicators

	PLOO	PMSE	Difference
Max Drawdown Largest peak-to-trough decline	-33.59%	-1.44%	-32.15%
Current Drawdown Current decline from peak	-19.05%	-0.02%	-19.03%
Average Drawdown Average peak-to-trough decline	-15.80%	-0.17%	-15.63%

Volatility

Volatility by Period

	PLOO	PMSE	Difference
Volatility (1Y) Calculated over the trailing 1-year period	50.33%	2.28%	+48.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.33%	2.28%	+48.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.33%	2.28%	+48.05%

PLOO vs. PMSE - Expense Ratio Comparison

PLOO has a 0.80% expense ratio, which is higher than PMSE's 0.50% expense ratio.

Dividends

PLOO vs. PMSE - Dividend Comparison

PLOO's dividend yield for the trailing twelve months is around 25.79%, while PMSE has not paid dividends to shareholders.

Position	TTM	2025
PLOO Leverage Shares 2x Capped Accelerated PLTR Monthly ETF	25.79%	22.82%
PMSE PGIM S&P 500 Max Buffer ETF - September	0.00%	0.00%

Frequently Asked Questions

Can I hold both PLOO and PMSE in my portfolio?

PLOO and PMSE have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PLOO or PMSE?

On fees, PMSE is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PLOO or PMSE?

PMSE is cheaper with a 0.50% expense ratio, compared with 0.80% for PLOO.

Which ETF pays a higher dividend yield, PLOO or PMSE?

PLOO has the higher dividend yield at 25.79%, compared with 0.00% for PMSE.

What is the main difference between PLOO and PMSE?

They also come from different issuers: Leverage Shares and PGIM. Their fees differ too: 0.80% for PLOO and 0.50% for PMSE.