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 209 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.

Symbol	Name	Expense Ratio	AUM	Inception
JANB	Aptus January Buffer ETF	0.25%	—	Oct 2025	MAYM vs JANB
APRB	Aptus April Buffer ETF	0.25%	—	Oct 2025	MAYM vs APRB
OCTB	Aptus October Buffer ETF	0.25%	—	Oct 2025	MAYM vs OCTB
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 94. There are 39 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
APXM	FT Vest U.S. Equity Max Buffer ETF - April	99	—	Apr 2025	MAYM vs APXM
MMAX	iShares Large Cap Max Buffer Mar ETF	99	—	Mar 2025	MAYM vs MMAX
PMMY	PGIM S&P 500 Max Buffer ETF - May	98	—	Apr 2025	MAYM vs PMMY
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	98	18.90M	Apr 2025	MAYM vs CPSP

Top Performing MAYM Alternatives (YTD)

MAYM is at 2.33% YTD. There are 234 ETFs in the Defined Outcome category with higher YTD returns, going as high as 18.85%.

Symbol	Name	YTD Return	AUM	Inception
NVDO	Leverage Shares 2x Capped Accelerated NVDA Monthly...	18.85%	—	Aug 2025	MAYM vs NVDO
TMAR	FT Vest Emerging Markets Buffer ETF - March	14.45%	—	Mar 2025	MAYM vs TMAR
QMAR	FT Cboe Vest Nasdaq-100 Buffer ETF - March	13.06%	557.94M	Mar 2021	MAYM vs QMAR
PQAP	PGIM Nasdaq-100 Buffer 12 ETF - April	12.09%	7.34M	Dec 2024	MAYM vs PQAP
UXJL	FT Vest U.S. Equity Uncapped Accelerator ETF - Jul...	11.78%	—	Jul 2025	MAYM vs UXJL

Lowest Volatility Alternatives to MAYM

MAYM has 1.85% 1-year volatility. There are 13 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.01%.

Symbol	Name	Volatility 1Y	AUM	Inception
APXM	FT Vest U.S. Equity Max Buffer ETF - April	1.01%	—	Apr 2025	MAYM vs APXM
PMMY	PGIM S&P 500 Max Buffer ETF - May	1.12%	—	Apr 2025	MAYM vs PMMY
PMAP	PGIM S&P 500 Max Buffer ETF - April	1.15%	—	Mar 2025	MAYM vs PMAP
MMAX	iShares Large Cap Max Buffer Mar ETF	1.39%	—	Mar 2025	MAYM vs MMAX
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	1.42%	18.90M	Apr 2025	MAYM vs CPSP

Lowest Drawdown Alternatives to MAYM

MAYM has a 1-year max drawdown of -1.22%. There are 24 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.27%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
APXM	FT Vest U.S. Equity Max Buffer ETF - April	-0.27%	—	Apr 2025	MAYM vs APXM
MMAX	iShares Large Cap Max Buffer Mar ETF	-0.34%	—	Mar 2025	MAYM vs MMAX
PMAP	PGIM S&P 500 Max Buffer ETF - April	-0.34%	—	Mar 2025	MAYM vs PMAP
PMMY	PGIM S&P 500 Max Buffer ETF - May	-0.36%	—	Apr 2025	MAYM vs PMMY
CPSP	Calamos S&P 500 Structured Alt Protection ETF - Ap...	-0.37%	18.90M	Apr 2025	MAYM vs CPSP

Other ETFs from First Trust

The 10 most viewed First Trust ETFs shown here include CIBR, GRID, NFTY and span 11 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	Technology Equities, Cybersecurity	26	28.52%	13.68B	Jul 2015	MAYM vs CIBR
GRID	First Trust Nasdaq Clean Edge Smart GRID Infrastru...	Alternative Energy Equities	79	28.91%	11.29B	Nov 2009	MAYM vs GRID
NFTY	First Trust India NIFTY 50 Equal Weight ETF	Asia Pacific Equities	3	-9.70%	133.88M	Feb 2012	MAYM vs NFTY
AIRR	First Trust RBA American Industrial Renaissance ET...	Building & Construction	78	31.77%	10.62B	Mar 2014	MAYM vs AIRR
FDL	First Trust Morningstar Dividend Leaders Index Fun...	Large Cap Value Equities, Dividend	70	13.33%	7.39B	Mar 2006	MAYM vs FDL
IGLD	FT Cboe Vest Gold Strategy Target Income ETF	Precious Metals, Gold	28	1.69%	591.41M	Mar 2021	MAYM vs IGLD
FTXL	First Trust Nasdaq Semiconductor ETF	Semiconductors, Technology Equities	97	115.70%	2.52B	Sep 2016	MAYM vs FTXL
TDIV	First Trust NASDAQ Technology Dividend Index Fund	Technology Equities, Dividend	83	30.57%	4.66B	Aug 2012	MAYM vs TDIV
KNG	FT Cboe Vest S&P 500 Dividend Aristocrats Target I...	Dividend, S&P 500	20	2.20%	3.28B	Mar 2018	MAYM vs KNG
QCLN	First Trust NASDAQ Clean Edge Green Energy Index F...	Alternative Energy Equities	89	52.94%	895.30M	Feb 2007	MAYM vs QCLN

Often Compared With MAYM

Investors most often compare MAYM with SPYD, CPSM, SPYM. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPYD	State Street SPDR Portfolio S&P 500 High Dividend ...	S&P 500, Dividend	41	10.34%	7.30B	Oct 2015	MAYM vs SPYD
CPSM	Calamos S&P 500 Structured Alt Protection ETF - Ma...	Defined Outcome, S&P 500	97	2.27%	55.00M	May 2024	MAYM vs CPSM
SPYM	State Street SPDR Portfolio S&P 500 ETF	S&P 500	70	10.98%	146.68B	Nov 2005	MAYM vs SPYM
RSP	Invesco S&P 500 Equal Weight ETF	S&P 500	49	9.70%	89.51B	Apr 2003	MAYM vs RSP
SPHQ	Invesco S&P 500 Quality ETF	S&P 500, Large Cap Blend Equities	54	15.48%	18.88B	Dec 2005	MAYM vs SPHQ
SPYV	SPDR Portfolio S&P 500 Value ETF	S&P 500, Large Cap Value Equities	66	7.46%	35.22B	Sep 2000	MAYM vs SPYV
LJUL	Innovator Premium Income 15 Buffer ETF - July	Defined Outcome	96	1.80%	—	Jun 2024	MAYM vs LJUL
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	57	13.75%	53.61B	Sep 2000	MAYM vs SPYG
SMAX	iShares Large Cap Max Buffer Sep ETF	Defined Outcome	93	3.09%	—	Sep 2024	MAYM vs SMAX
SPXT	ProShares S&P 500 Ex-Technology ETF	S&P 500	41	2.70%	267.81M	Sep 2015	MAYM vs SPXT
SPXN	ProShares S&P 500 Ex-Financials ETF	S&P 500	78	13.57%	78.85M	Sep 2015	MAYM vs SPXN
QVMT	Invesco S&P S&P 500 Concentrated QVM ETF	S&P 500	86	17.16%	134.93M	Oct 2015	MAYM vs QVMT
DMAX	iShares Large Cap Max Buffer December ETF	Defined Outcome	94	2.34%	136.60M	Dec 2024	MAYM vs DMAX
ROBT	First Trust Nasdaq Artificial Intelligence & Robot...	Technology Equities, Robotics	32	14.22%	763.61M	Feb 2018	MAYM vs ROBT
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	MAYM vs VOO
DIVG	Invesco S&P 500 High Dividend Growers ETF	S&P 500, Dividend	65	10.58%	11.06M	Dec 2023	MAYM vs DIVG
SPLV	Invesco S&P 500 Low Volatility ETF	S&P 500, Large Cap Value Equities	8	1.32%	6.91B	May 2011	MAYM vs SPLV
KAPR	Innovator Russell 2000 Power Buffer ETF - April	Defined Outcome	95	10.96%	214.88M	Mar 2020	MAYM vs KAPR
KFEB	Innovator U.S. Small Cap Power Buffer ETF - Februa...	Defined Outcome	74	11.46%	—	Jan 2025	MAYM vs KFEB
PMJA	PGIM S&P 500 Max Buffer ETF - January	Defined Outcome, S&P 500	94	2.35%	4.58M	Dec 2024	MAYM vs PMJA

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