PGIM S&P 500 Buffer 12 ETF - May (MAYP) 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 MAYP. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MAYP
MAYP charges 0.50% annually. There are 5 ETFs in the Defined Outcome category with lower expense ratios, going as low as 0.25%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Aptus January Buffer ETF | 0.25% | — | Oct 2025 | MAYP vs JANB | |
| Aptus October Buffer ETF | 0.25% | — | Oct 2025 | MAYP vs OCTB | |
| Aptus July Buffer ETF | 0.25% | — | Oct 2025 | MAYP vs JULB | |
| Aptus April Buffer ETF | 0.25% | — | Oct 2025 | MAYP vs APRB | |
| Fidelity Dynamic Buffered Equity ETF | 0.48% | — | Apr 2024 | MAYP vs FBUF |
Best Risk-Adjusted Alternatives to MAYP
MAYP has a PortfoliosLab risk / return rank of 92. There are 89 ETFs in the Defined Outcome category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 99 | — | Mar 2025 | MAYP vs PMAP | |
| iShares Large Cap Max Buffer Mar ETF | 98 | — | Mar 2025 | MAYP vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 98 | 21.00M | Apr 2025 | MAYP vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 98 | — | Apr 2025 | MAYP vs ZAPR | |
| Innovator U.S. Equity Accelerated 9 Buffer ETF - A... | 98 | 132.07M | Mar 2021 | MAYP vs XBAP |
Top Performing MAYP Alternatives (YTD)
MAYP is at 7.05% YTD. There are 149 ETFs in the Defined Outcome category with higher YTD returns, going as high as 16.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Leverage Shares 2x Capped Accelerated NVDA Monthly... | 16.35% | — | Aug 2025 | MAYP vs NVDO | |
| ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 15.42% | 2.87M | Jun 2025 | MAYP vs QB | |
| Innovator U.S. Small Cap Power Buffer ETF - Februa... | 15.11% | — | Jan 2025 | MAYP vs KFEB | |
| Innovator Russell 2000 Power Buffer ETF - April | 14.23% | 214.27M | Mar 2020 | MAYP vs KAPR | |
| FT Vest U.S. Equity Uncapped Accelerator ETF - Jan... | 14.20% | — | Jan 2025 | MAYP vs UXJA |
Lowest Volatility Alternatives to MAYP
MAYP has 5.30% 1-year volatility. There are 108 ETFs in the Defined Outcome category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | 1.18% | — | Mar 2025 | MAYP vs PMAP | |
| FT Vest U.S. Equity Max Buffer ETF - April | 1.36% | — | Apr 2025 | MAYP vs APXM | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | 1.39% | 21.00M | Apr 2025 | MAYP vs CPSP | |
| PGIM S&P 500 Max Buffer ETF - May | 1.41% | — | Apr 2025 | MAYP vs PMMY | |
| iShares Large Cap Max Buffer Mar ETF | 1.44% | — | Mar 2025 | MAYP vs MMAX |
Lowest Drawdown Alternatives to MAYP
MAYP has a 1-year max drawdown of -2.13%. There are 73 ETFs in the Defined Outcome category with shallower 1-year drawdowns, going as shallow as -0.35%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM S&P 500 Max Buffer ETF - April | -0.35% | — | Mar 2025 | MAYP vs PMAP | |
| Calamos S&P 500 Structured Alt Protection ETF - Ap... | -0.37% | 21.00M | Apr 2025 | MAYP vs CPSP | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | -0.40% | — | Apr 2025 | MAYP vs ZAPR | |
| iShares Large Cap Max Buffer Mar ETF | -0.46% | — | Mar 2025 | MAYP vs MMAX | |
| Calamos S&P 500 Structured Alt Protection ETF - Ma... | -0.49% | 56.60M | May 2024 | MAYP vs CPSM |
Other ETFs from PGIM
The 10 most viewed PGIM ETFs shown here include PAAA, PULS, PFRL and span 9 categories. AUM among these funds goes as high as $18B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM AAA CLO ETF | CLO | 99 | 2.80% | 11.25B | Jul 2023 | MAYP vs PAAA | |
| PGIM Ultra Short Bond ETF | Ultrashort Bond | 99 | 2.43% | 18.30B | Apr 2018 | MAYP vs PULS | |
| PGIM Floating Rate Income ETF | Bank Loan | 93 | 3.12% | 121.63M | May 2022 | MAYP vs PFRL | |
| PGIM Active High Yield Bond ETF | High Yield Bonds | 58 | 2.08% | 1.39B | Sep 2018 | MAYP vs PHYL | |
| PGIM Short Duration Multi-Sector Bond ETF | Multisector Bonds | 89 | 1.75% | — | Jul 2023 | MAYP vs PSDM | |
| PGIM Laddered S&P 500 Buffer 12 ETF | Defined Outcome, S&P 500 | 89 | 8.45% | 223.70M | Jun 2024 | MAYP vs BUFP | |
| PGIM Laddered S&P 500 Buffer 20 ETF | Defined Outcome, S&P 500 | 93 | 6.30% | 203.06M | Jun 2024 | MAYP vs PBFR | |
| PGIM Ultra Short Municipal Bond ETF | Municipal Bonds | 90 | 1.64% | 106.99M | Jun 2024 | MAYP vs PUSH | |
| PGIM Short Duration High Yield ETF | High Yield Bonds | 76 | 2.71% | 173.89M | Dec 2023 | MAYP vs PSH | |
| PGIM Jennison Focused Value ETF | Large Cap Value Equities | 93 | 22.66% | 125.07M | Dec 2022 | MAYP vs PJFV |
Often Compared With MAYP
Investors most often compare MAYP with APMU, AGMI, DBO. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare MAYP with Any Fund or Stock
Compare MAYP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MAYP with funds that move differently
PGIM S&P 500 Buffer 12 ETF - May alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MAYP.
Explore MAYP Diversifiers