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AUGP vs FEBT

PGIM S&P 500 Buffer 12 ETF - August

AUGPBCboe

AllianzIM U.S. Equity Buffer10 Feb ETF

FEBTBCboe

Overlap

Expense ratio

AUGP −0.24pt a year

AUGP0.50%FEBT0.74%

Avg volume · 30D

FEBT 3.3×the volume

AUGP7.35KFEBT24K

AUGP vs FEBT Performance

Oct 31, 2025 – Oct 30, 2026

+10.3%AUGP+12.2%FEBT

Oct 31, 2025 to Oct 30, 2026. AUGP +10.3%. FEBT +12.2%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
AUGP 0.50%, better
FEBT 0.74%
Fund size
AUGP $38M
FEBT $102M
1Y total return
AUGP +10.3%
FEBT +12.2%, better
Yield (12M)
AUGP No data
FEBT 0.00%
Holdings
AUGP 4
FEBT 2
Avg volume (30D)
AUGP 7.35K sh
FEBT 24K sh, better
NAV per share
AUGP $34.23
FEBT $42.54
52W range

ETF.net Grade

AUGP: Cost 91, Risk 72, Mission not scored, Tradability 24, Holdings not scored, Durability 38. FEBT: Cost 68, Risk 54, Mission not scored, Tradability 63, Holdings 46, Durability 44.
Pillar letters and Scores for AUGP, FEBT, with each pillar’s weight
PillarAUGPFEBT
Cost30% weightA91HigherB68
Mission25% weightNot scoredNot scored
Risk15% weightA72HigherC54
Tradability15% weightF24B63Higher
Holdings10% weightNot scoredC46
Durability5% weightD38C44Higher

Rank among S&P 500 Buffer 9-12% funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AUGP and FEBT are both graded against the same 77 S&P 500 Buffer 9-12% funds, so their Grades compare head to head.

S&P 500 Buffer 9-12%⁠

Category · 77 funds
See all 77 ›

AUGP ranks 2nd and FEBT 16th of 77 funds in the S&P 500 Buffer 9-12% Category.

  1. Rank 1AZALTInnovator U.S. Equity 10 Buffer ETF - QuarterlyScore 77
  2. Rank 2BAUGPPGIM S&P 500 Buffer 12 ETF - AugustScore 67
  3. Rank 3BTENJiShares Large Cap 10% Target Buffer Jun ETFScore 66
  4. Rank 14BSIXOAllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETFScore 60
  5. Rank 16BFEBTAllianzIM U.S. Equity Buffer10 Feb ETFScore 59
  6. Rank 16BSTENiShares Large Cap 10% Target Buffer Sep ETFScore 59

Our read on each fund

ETF.net Research

AUGPBPGIM S&P 500 Buffer 12 ETF - August

FEBTBAllianzIM U.S. Equity Buffer10 Feb ETF

In short

AUGP No data

FEBT Allianz Life's hedging desk, packaged as an ETF. FEBT absorbs the first 10% of its S&P 500 ETF benchmark's price decline over each February-to-January stretch, trading away gains above a cap, at a fee under the buffer-fund norm.

Stated mandate

AUGP No data

FEBT The Fund seeks to match the share-price return of the SPDR S&P 500 ETF Trust over a specified one-year outcome period, subject to an upside cap and protection against the first 10% of losses.

Why people hold it

AUGP No data

  • FEBT Charges 0.74% a year, under the buffer-fund median and below same-benchmark rival BAPR (0.79%) and laddered BUFR (0.95%).
  • The options work is run in-house by AllianzIM, the Allianz Life arm that hedges the insurer's own annuity book, rather than farmed out.allianzlife.com
  • Plain, repeatable terms: a 10% downside buffer against the S&P 500 ETF's price return, capped upside, reset for a fresh one-year period every February 1.sec.gov
  • Sits in the upper half of its buffer-ETF peer group, helped by pricing below the cohort median.

Worth knowing

AUGP No data

  • FEBT Buffer and cap are set before fees (the prospectus puts the net buffer at 9.26%), and the payoff tracks share price only, so index dividends sit out.sec.gov
  • Buy mid-period and you get whatever cap and buffer remain, not the headline terms. The clean slate arrives each February 1.sec.gov
  • One of the smaller, thinner-traded funds in the buffer aisle, so the spread between bid and ask deserves a look before trading.

Full AUGP profile⁠

Full FEBT profile⁠

AUGP vs FEBT Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AUGP vs FEBT Cost

Overpaying FEBT vs AUGP

$4,328

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AUGP 0.50%

    $9,979

  • FEBT 0.74%

    $14,307

$10,000
30 years

Cost over time

  • AUGP 0.50%
  • FEBT 0.74%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530FEBT $14,307AUGP $9,979

Year by year

YearAUGPFEBTOverpaying
10$900$1,319$419
20$3,460$5,015$1,555
30$9,979$14,307$4,328

Expense ratio

  • 0.50%AUGP, cheaper
  • 0.74%FEBT
  • Middle half of S&P 500 Buffer 9-12% funds
  • Median 0.79%

AUGP 5th cheapest of 77 funds

FEBT 17th cheapest of 77 funds

AUGP vs FEBT Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AUGP No data
FEBT 0.00%
Payout (12M)
AUGP None
FEBT None

Distribution history

Per share, 2024, same scale for both

AUGPAll AUGP payments⁠

No distribution history available.

FEBT1 paymentAll FEBT payments⁠
One bar per payment. 1 payment in 2024. Jan 16, 2024 $0.10. Use the arrow keys to read each point.$0$0.102024

AUGP vs FEBT Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AUGP 6.2%since Jun 2024FEBT 8.0%
Return per unit of riskSharpe ratio, 3 years
AUGP 1.31since Jun 2024FEBT 1.55
Worst fallMax drawdown, 5 years
AUGP −11.1%since May 2024FEBT −13.2%since Feb 2023
Market sensitivityBeta, 5 years
AUGP 0.53FEBT 0.65

Popular comparisons

  • AUGPBvsZALTA

    PGIM S&P 500 Buffer 12 ETF - August · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.50% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FEBTBvsZALTA

    AllianzIM U.S. Equity Buffer10 Feb ETF · Innovator U.S. Equity 10 Buffer ETF - Quarterly

    Expense ratio
    0.74% · 0.69%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AUGPBvsTENJB

    PGIM S&P 500 Buffer 12 ETF - August · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.50% · 0.53%
    Category
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  • FEBTBvsTENJB

    AllianzIM U.S. Equity Buffer10 Feb ETF · iShares Large Cap 10% Target Buffer Jun ETF

    Expense ratio
    0.74% · 0.53%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AUGPBvsSIXJB

    PGIM S&P 500 Buffer 12 ETF - August · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.50% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • FEBTBvsSIXJB

    AllianzIM U.S. Equity Buffer10 Feb ETF · AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF

    Expense ratio
    0.74% · 0.74%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.