FT Cboe Vest U.S. Equity Moderate Buffer ETF - May (GMAY) belongs to the Options Trading category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GMAY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GMAY
GMAY charges 0.85% annually. There are 84 ETFs in the Options Trading category with lower expense ratios, going as low as 0.29%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Parametric Hedged Equity ETF | 0.29% | 137.12M | Oct 2023 | GMAY vs PHEQ | |
| State Street Real Estate Select Sector SPDR Premiu... | 0.35% | 2.57M | Jul 2025 | GMAY vs XLRI | |
| Simplify Hedged Equity ETF | 0.43% | 316.92M | Nov 2021 | GMAY vs HEQT | |
| Amplify BlackSwan ISWN ETF | 0.49% | 36.90M | Jan 2021 | GMAY vs ISWN | |
| PGIM S&P 500 Max Buffer ETF - December | 0.50% | 6.51M | Nov 2025 | GMAY vs PMDE |
Best Risk-Adjusted Alternatives to GMAY
GMAY has a PortfoliosLab risk / return rank of 74. There are 75 ETFs in the Options Trading category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 99 | — | Mar 2024 | GMAY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | 98 | 32.69M | Mar 2023 | GMAY vs APRJ | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | 98 | 198.50M | May 2020 | GMAY vs APRW | |
| PGIM US Large-Cap Buffer 20 ETF - April | 97 | — | Mar 2024 | GMAY vs PBAP | |
| PGIM US Large-Cap Buffer 12 ETF - April | 97 | — | Mar 2024 | GMAY vs APRP |
Top Performing GMAY Alternatives (YTD)
GMAY is at 3.36% YTD. There are 106 ETFs in the Options Trading category with higher YTD returns, going as high as 105.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax AMD Option Income Strategy ETF | 105.82% | 409.32M | Sep 2023 | GMAY vs AMDY | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | 16.07% | 97.61M | Oct 2023 | GMAY vs IWMY | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | 15.16% | 184.62M | Sep 2023 | GMAY vs QQQY | |
| Roundhill Innovation-100 0DTE Covered Call Strateg... | 13.50% | 864.88M | Mar 2024 | GMAY vs QDTE | |
| Kurv Technology Titans Select ETF | 13.45% | 100.42M | Jul 2024 | GMAY vs KQQQ |
Lowest Volatility Alternatives to GMAY
GMAY has 5.16% 1-year volatility. There are 56 ETFs in the Options Trading category with lower 1-year volatility, going as low as 1.23%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | 1.23% | — | Mar 2024 | GMAY vs LAPR | |
| Alpha Architect Tail Risk ETF | 1.50% | 668.40M | Aug 2013 | GMAY vs CAOS | |
| Innovator Premium Income 30 Barrier ETF - April | 1.53% | 32.69M | Mar 2023 | GMAY vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | 1.54% | 13.80M | Jun 2023 | GMAY vs JULJ | |
| FT Vest U.S. Equity Buffer & Premium Income ETF - ... | 2.04% | — | Mar 2024 | GMAY vs XIMR |
Lowest Drawdown Alternatives to GMAY
GMAY has a 1-year max drawdown of -3.11%. There are 38 ETFs in the Options Trading category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Premium Income 15 Buffer ETF - April | -0.36% | — | Mar 2024 | GMAY vs LAPR | |
| Innovator Premium Income 30 Barrier ETF - April | -0.40% | 32.69M | Mar 2023 | GMAY vs APRJ | |
| Innovator Premium Income 30 Barrier ETF - July | -0.61% | 13.80M | Jun 2023 | GMAY vs JULJ | |
| Alpha Architect Tail Risk ETF | -0.76% | 668.40M | Aug 2013 | GMAY vs CAOS | |
| AllianzIM U.S. Large Cap Buffer20 Apr ETF | -0.89% | 198.50M | May 2020 | GMAY vs APRW |
Other ETFs from FT Vest
The 10 most viewed FT Vest ETFs shown here include BGLD, RDVI, BUFQ and span 7 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| FT Vest Gold Strategy Quarterly Buffer ETF | Defined Outcome, Gold, Precious Metals | 18 | -4.82% | 49.20M | Jan 2021 | GMAY vs BGLD | |
| FT Cboe Vest Rising Dividend Achievers Target Inco... | Derivative Income | 79 | 15.18% | 3.76B | Oct 2022 | GMAY vs RDVI | |
| FT Vest Laddered Nasdaq Buffer ETF | Nasdaq-100, Options Trading | 80 | 8.23% | 1.49B | Jun 2022 | GMAY vs BUFQ | |
| FT Vest Laddered Deep Buffer ETF | Defined Outcome | 87 | 4.60% | 1.88B | Jan 2021 | GMAY vs BUFD | |
| FT Vest U.S. Equity Buffer ETF - October | Defined Outcome | 79 | 5.68% | 1.22B | Oct 2020 | GMAY vs FOCT | |
| FT Cboe Vest U.S. Equity Buffer ETF - September | Options Trading | 73 | 5.80% | 1.28B | Sep 2020 | GMAY vs FSEP | |
| FT Vest Dow Jones Internet & Target Income ETF | Technology Equities | 7 | -6.57% | — | Mar 2024 | GMAY vs FDND | |
| FT Vest DJIA Dogs 10 Target Income ETF | Derivative Income | 53 | 7.70% | 73.65M | Apr 2023 | GMAY vs DOGG | |
| FT Vest U.S. Equity Buffer ETF - February | Defined Outcome | 81 | 6.71% | 1.36B | Feb 2020 | GMAY vs FFEB | |
| FT Vest U.S. Equity Deep Buffer ETF - December | Defined Outcome | 84 | 4.25% | 425.94M | Dec 2020 | GMAY vs DDEC |
Often Compared With GMAY
Investors most often compare GMAY with XMAR, GMAR, DNOV. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare GMAY with Any Fund or Stock
Compare GMAY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GMAY with funds that move differently
FT Cboe Vest U.S. Equity Moderate Buffer ETF - May alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GMAY.
Explore GMAY Diversifiers