MAYM Alternatives & Similar ETFs

FT Vest U.S. Equity Max Buffer ETF - May (MAYM) belongs to the Defined Outcome category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MAYM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to MAYM

MAYM charges 0.85% annually. There are 210 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
OCTB	Aptus October Buffer ETF	0.25%	—	Oct 2025	MAYM vs OCTB
JANB	Aptus January Buffer ETF	0.25%	—	Oct 2025	MAYM vs JANB
APRB	Aptus April Buffer ETF	0.25%	—	Oct 2025	MAYM vs APRB
JULB	Aptus July Buffer ETF	0.25%	—	Oct 2025	MAYM vs JULB
FBUF	Fidelity Dynamic Buffered Equity ETF	0.48%	—	Apr 2024	MAYM vs FBUF

Best Risk-Adjusted Alternatives to MAYM

MAYM has a PortfoliosLab risk / return rank of 92. There are 61 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	99	—	Mar 2025	MAYM vs PMAP
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	98	19.60M	Apr 2025	MAYM vs CPSP
MMAX	iShares Large Cap Max Buffer Mar ETF	98	—	Mar 2025	MAYM vs MMAX
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	98	—	Apr 2025	MAYM vs ZAPR
XBAP	Innovator U.S. Equity Accelerated 9 Buffer ETF - A...	98	133.76M	Mar 2021	MAYM vs XBAP

Top Performing MAYM Alternatives (YTD)

MAYM is at 1.91% YTD. There are 240 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.

Symbol	Name	YTD Return	AUM	Inception
NVDO	Leverage Shares 2x Capped Accelerated NVDA Monthly...	16.35%	—	Aug 2025	MAYM vs NVDO
KFEB	Innovator U.S. Small Cap Power Buffer ETF - Februa...	13.02%	—	Jan 2025	MAYM vs KFEB
TMAR	FT Vest Emerging Markets Buffer ETF - March	12.46%	—	Mar 2025	MAYM vs TMAR
KAPR	Innovator Russell 2000 Power Buffer ETF - April	12.34%	216.78M	Mar 2020	MAYM vs KAPR
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	11.40%	563.55M	Mar 2021	MAYM vs QMAR

Lowest Volatility Alternatives to MAYM

MAYM has 2.01% 1-year volatility. There are 13 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.

Symbol	Name	Volatility 1Y	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	1.18%	—	Mar 2025	MAYM vs PMAP
APXM	FT Vest U.S. Equity Max Buffer ETF - April	1.22%	—	Apr 2025	MAYM vs APXM
PMMY	PGIM S&P 500 Max Buffer ETF - May	1.30%	—	Apr 2025	MAYM vs PMMY
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	1.36%	19.60M	Apr 2025	MAYM vs CPSP
MMAX	iShares Large Cap Max Buffer Mar ETF	1.43%	—	Mar 2025	MAYM vs MMAX

Lowest Drawdown Alternatives to MAYM

MAYM has a 1-year max drawdown of -1.22%. There are 22 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
PMAP	PGIM S&P 500 Max Buffer ETF - April	-0.35%	—	Mar 2025	MAYM vs PMAP
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	-0.37%	19.60M	Apr 2025	MAYM vs CPSP
ZAPR	Innovator Equity Defined Protection ETF - 1 Yr Apr...	-0.40%	—	Apr 2025	MAYM vs ZAPR
MMAX	iShares Large Cap Max Buffer Mar ETF	-0.46%	—	Mar 2025	MAYM vs MMAX
CPSM	Calamos S&P 500 Structured Alt Protection ETF - Ma...	-0.49%	56.30M	May 2024	MAYM vs CPSM

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 13 categories. AUM among these funds goes as high as $14B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
CIBR	First Trust NASDAQ Cybersecurity ETF	Cybersecurity, Technology Equities	18	18.06%	13.59B	Jul 2015	MAYM vs CIBR
GRID	First Trust NASDAQ Clean Edge Smart Grid Infrastru...	Alternative Energy Equities	65	23.40%	11.60B	Nov 2009	MAYM vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities, Equal Weight	5	-7.30%	136.58M	Feb 2012	MAYM vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	79	31.81%	11.14B	Mar 2014	MAYM vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	69	12.67%	9.22B	Mar 2006	MAYM vs FDL
IGLD	FT Vest Gold Strategy Target Income ETF	Gold, Derivative Income, Precious Metals	18	-5.55%	543.16M	Mar 2021	MAYM vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	96	111.02%	2.89B	Sep 2016	MAYM vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	53	19.03%	4.90B	Aug 2012	MAYM vs TDIV
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	78	37.20%	880.41M	Feb 2007	MAYM vs QCLN
KNG	FT Vest S&P 500 Dividend Aristocrats Target Income...	Dividend, S&P 500	27	4.84%	3.32B	Mar 2018	MAYM vs KNG

Often Compared With MAYM

Investors most often compare MAYM with SPYM, SPYD, RSP. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPYM	State Street SPDR Portfolio S&P 500 ETF	S&P 500	59	8.21%	148.87B	Nov 2005	MAYM vs SPYM
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	47	12.56%	7.30B	Oct 2015	MAYM vs SPYD
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500, Equal Weight	49	9.94%	92.57B	Apr 2003	MAYM vs RSP
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	61	16.54%	21.05B	Dec 2005	MAYM vs SPHQ
SMAX	iShares Large Cap Max Buffer Sep ETF	Defined Outcome	93	2.98%	—	Sep 2024	MAYM vs SMAX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	45	8.70%	52.13B	Sep 2000	MAYM vs SPYG
SPXT	ProShares S&P 500 Ex-Technology ETF	S&P 500	45	3.59%	268.00M	Sep 2015	MAYM vs SPXT
LJUL	Innovator Premium Income 15 Buffer ETF - July	Defined Outcome	97	2.02%	—	Jun 2024	MAYM vs LJUL
SPYV	SPDR Portfolio S&P 500 Value ETF	S&P 500, Large Cap Value Equities	65	7.47%	35.07B	Sep 2000	MAYM vs SPYV
VOO	Vanguard S&P 500 ETF	S&P 500	59	8.19%	1.70T	Sep 2010	MAYM vs VOO
PMJA	PGIM S&P 500 Max Buffer ETF - January	Defined Outcome, S&P 500	94	2.26%	4.58M	Dec 2024	MAYM vs PMJA
QVMT	Invesco S&P S&P 500 Concentrated QVM ETF	S&P 500	88	19.11%	137.13M	Oct 2015	MAYM vs QVMT
DIVG	Invesco S&P 500 High Dividend Growers ETF	S&P 500, Dividend	72	13.33%	11.50M	Dec 2023	MAYM vs DIVG
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	20	3.51%	784.37M	Feb 2018	MAYM vs ROBT
SPXN	ProShares S&P 500 Ex-Financials ETF	S&P 500	65	9.52%	77.58M	Sep 2015	MAYM vs SPXN
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	Defined Outcome, Nasdaq-100	97	10.67%	7.34M	Dec 2024	MAYM vs PQAP
DMAX	iShares Large Cap Max Buffer December ETF	Defined Outcome	94	2.19%	136.56M	Dec 2024	MAYM vs DMAX
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Blend Equities	15	5.06%	6.87B	May 2011	MAYM vs SPLV
ZMAY	Innovator Equity Defined Protection ETF - 1 Yr May	Defined Outcome	95	1.75%	—	May 2025	MAYM vs ZMAY
PBFR	PGIM Laddered S&P 500 Buffer 20 ETF	Defined Outcome, S&P 500	89	4.21%	154.43M	Jun 2024	MAYM vs PBFR

Compare MAYM with Any Fund or Stock

Compare MAYM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair MAYM with funds that move differently

FT Vest U.S. Equity Max Buffer ETF - May alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAYM.

Explore MAYM Diversifiers

FT Vest U.S. Equity Max Buffer ETF - May (MAYM) Alternatives