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NOVM vs PMSE

FT Vest U.S. Equity Max Buffer ETF - November

NOVMDCboe

PGIM S&P 500 Max Buffer ETF - September

PMSEBCboe

Overlap

Expense ratio

PMSE −0.35pt a year

NOVM0.85%PMSE0.50%

Avg volume · 30D

PMSE 2.3×the volume

NOVM1.12KPMSE2.61K

NOVM vs PMSE Performance

Oct 31, 2025 – Oct 30, 2026

+6.1%NOVM+5.2%PMSE

Oct 31, 2025 to Oct 30, 2026. NOVM +6.1%. PMSE +5.2%. Use the arrow keys to read each point.0%1%2%3%4%Oct 2025Apr 2026Oct 2026
Expense ratio
NOVM 0.85%
PMSE 0.50%, better
Fund size
NOVM $27M
PMSE $8M
1Y total return
NOVM +6.1%, better
PMSE +5.2%
Holdings
NOVM 3
PMSE 4
Avg volume (30D)
NOVM 1.12K sh
PMSE 2.61K sh, better
NAV per share
NOVM $34.39
PMSE $26.80
52W range

ETF.net Grade

NOVM: Cost 21, Risk 56, Mission not scored, Tradability 26, Holdings not scored, Durability 71. PMSE: Cost 76, Risk 45, Mission not scored, Tradability 37, Holdings not scored, Durability 24.
Pillar letters and Scores for NOVM, PMSE, with each pillar’s weight
PillarNOVMPMSE
Cost30% weightF21A76Higher
Mission25% weightNot scoredNot scored
Risk15% weightB56HigherC45
Tradability15% weightD26D37Higher
Holdings10% weightNot scoredNot scored
Durability5% weightA71HigherF24

Rank among S&P 500 Max Buffer funds

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

Same Category. NOVM and PMSE are both graded against the same 20 S&P 500 Max Buffer funds, so their Grades compare head to head.

S&P 500 Max Buffer⁠

Category · 20 funds
See all 20 ›

PMSE ranks 2nd and NOVM 20th of 20 funds in the S&P 500 Max Buffer Category.

  1. Rank 1BPMDEPGIM S&P 500 Max Buffer ETF - DecemberScore 63
  2. Rank 2BPMJLPGIM S&P 500 Max Buffer ETF - JulyScore 56
  3. Rank 2BPMSEPGIM S&P 500 Max Buffer ETF - SeptemberScore 56
  4. Rank 4BPMJNPGIM S&P 500 Max Buffer ETF - JuneScore 55
  5. Rank 19DJANMFT Vest U.S. Equity Max Buffer ETF - JanuaryScore 36
  6. Rank 20DNOVMFT Vest U.S. Equity Max Buffer ETF - NovemberScore 34

NOVM vs PMSE 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.

NOVM vs PMSE Cost

Overpaying NOVM vs PMSE

$6,220

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

  • NOVM 0.85%

    $16,199

  • PMSE 0.50%

    $9,979

$10,000
30 years

Cost over time

  • NOVM 0.85%
  • PMSE 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NOVM $16,199PMSE $9,979

Year by year

YearNOVMPMSEOverpaying
10$1,508$900$608
20$5,706$3,460$2,246
30$16,199$9,979$6,220

Expense ratio

  • 0.85%NOVM
  • 0.50%PMSE, cheaper
  • Middle half of S&P 500 Max Buffer funds
  • Median 0.52%

PMSE cheapest of 20 funds

NOVM 12th cheapest of 20 funds

NOVM vs PMSE Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
NOVM None
PMSE None

Distribution history

NOVMAll NOVM payments⁠

No distribution history available.

PMSEAll PMSE payments⁠

No distribution history available.

NOVM vs PMSE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NOVM 2.6%since Dec 2024PMSE 2.2%since Oct 2025
Return per unit of riskSharpe ratio, 3 years
NOVM 0.77since Dec 2024PMSE 0.55since Oct 2025
Worst fallMax drawdown, 5 years
NOVM −3.3%since Nov 2024PMSE −1.4%since Sep 2025
Market sensitivityBeta, 5 years
NOVM 0.20PMSE 0.16

Popular comparisons

  • NOVMDvsPMDEB

    FT Vest U.S. Equity Max Buffer ETF - November · PGIM S&P 500 Max Buffer ETF - December

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMSEBvsPMDEB

    PGIM S&P 500 Max Buffer ETF - September · PGIM S&P 500 Max Buffer ETF - December

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

  • NOVMDvsPMJLB

    FT Vest U.S. Equity Max Buffer ETF - November · PGIM S&P 500 Max Buffer ETF - July

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMSEBvsPMJLB

    PGIM S&P 500 Max Buffer ETF - September · PGIM S&P 500 Max Buffer ETF - July

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

  • NOVMDvsPMJNB

    FT Vest U.S. Equity Max Buffer ETF - November · PGIM S&P 500 Max Buffer ETF - June

    Expense ratio
    0.85% · 0.50%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • PMSEBvsPMJNB

    PGIM S&P 500 Max Buffer ETF - September · PGIM S&P 500 Max Buffer ETF - June

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