Data as of Oct 28, 2026.

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Across categories

FEBP vs SPYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, FEBP returned +12.5% to SPYM's +13.7%, and SPYM charges 0.02% to FEBP's 0.50%.

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Net assets: $35m on Oct 28, 2026 for PGIM S&P 500 Buffer 12 ETF - February, and $185.0bn on Oct 27, 2026 for State Street SPDR Portfolio S&P 500 ETF.

At a glance
+12.5%
FEBP total return, 1 year
+13.7%
SPYM total return, 1 year
0.50%
FEBP expense ratio
0.02%
SPYM expense ratio

Pair scorecard

SPYM costs 0.48 points a year less; their one-year returns differ by 1.2 points; SPYM is far larger, $185.0bn against $34m.

FEBP vs SPYM: Differences, Returns & Fees
MeasureFEBPSPYM
Return
Total return, 1 year+12.5%+13.7%
Drawdown
Index fall to the buffer10.4%
Fund price fall to the buffer8.8%
Benchmark
What it tracksSPYS&P 500 Index
The outcome period
Room to the cap4.2%
Buffer left, in index points12.0% of 12.0%
Days left in the period95
Period endsJan 31, 2027
Cost and size
Expense ratio0.50%0.02%
Net assets, as of Oct 27, 2026$34m$185.0bn
Holdings
Holdings in commonnot published
In the S&P 500, by weight100%
Top ten holdings, share of the fund38.1%

Method

Side by side

FEBP PGIM S&P 500 Buffer 12 ETF - February SPYM State Street SPDR Portfolio S&P 500 ETF
Where it sits Buffer ETF Stock ETF
What it is Defined outcome, 12% on SPY Tracks the S&P 500
Total return, 1 year +12.5% +13.7%
Its benchmark over the same days +12.4% (SPY) +13.7% (IVV)
Gap to its benchmark +0.1 pts vs SPY 0.0 pts vs IVV
Expense ratio 0.50% 0.02%
Holdings not read by ETFIQ 506
Net assets, FEBP as of Oct 28, 2026 and SPYM as of Oct 27, 2026 $35m $185.0bn
Former ticker none SPLG

FEBP and SPYM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
FEBP

From its price on Oct 28, 2026, the fund can gain about 4.2% more before it reaches its cap. The fund's price can fall 8.8% from here before the buffer starts absorbing losses, by the issuer's number. In index terms, SPY can fall 10.4% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level. 95 days remained on Oct 28, 2026. On Jan 31, 2027 the period ends and a new cap is set.

SPYM

SPYM tracks the S&P 500. Over the year to Oct 28, 2026 it returned +13.7% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.02% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 38.1%.

Questions people ask

Are FEBP and SPYM in the same category?
FEBP is a buffer ETF and SPYM is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, FEBP or SPYM?
In the year to Oct 28, 2026, with distributions reinvested, FEBP returned +12.5% and SPYM +13.7%.
Which is cheaper, FEBP or SPYM?
SPYM is cheaper, by 0.48 percentage points a year. That is about $48 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, FEBP against SPYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/febp-vs-spym

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