Innovator U.S. Equity Power Buffer ETF - May (PMAY) Alternatives
Innovator U.S. Equity Power Buffer ETF - May (PMAY) 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 PMAY. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PMAY
PMAY charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among PMAY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | PMAY vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | PMAY vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | PMAY vs DMAX | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | PMAY vs MMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | PMAY vs PBFR |
Best Risk-Adjusted Alternatives to PMAY
Among ETFs in the Defined Outcome category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | 97 | Dec 1, 2024 | PMAY vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 97 | Feb 3, 2025 | PMAY vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 96 | Dec 31, 2024 | PMAY vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 96 | Mar 3, 2025 | PMAY vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | PMAY vs ZJAN |
Top Performing PMAY Alternatives (YTD)
PMAY alternatives from the Defined Outcome category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Innovator Russell 2000 Power Buffer ETF - April | 3.19% | Mar 31, 2020 | PMAY vs KAPR | |
| Innovator International Developed Power Buffer ETF... | 2.69% | Mar 31, 2021 | PMAY vs IAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.16% | Mar 19, 2021 | PMAY vs FMAR | |
| Innovator U.S. Equity Buffer ETF - April | 2.08% | Mar 29, 2019 | PMAY vs BAPR | |
| Pacer Swan SOS Moderate (April) ETF | 1.94% | Mar 31, 2021 | PMAY vs PSMR |
Lowest Volatility Alternatives to PMAY
PMAY alternatives from the Defined Outcome category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr May | 1.51% | May 1, 2025 | PMAY vs ZMAY | |
| Innovator Equity Defined Protection ETF - 1 Yr Jun... | 1.91% | May 30, 2025 | PMAY vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.99% | Jun 30, 2025 | PMAY vs AIOO | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | PMAY vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.62% | Apr 1, 2025 | PMAY vs ZAPR |
Lowest Drawdown Alternatives to PMAY
PMAY alternatives from the Defined Outcome category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator Equity Defined Protection ETF - 1 Yr Dec... | -1.57% | Dec 1, 2024 | PMAY vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.73% | Feb 3, 2025 | PMAY vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | PMAY vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | PMAY vs ZOCT | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | -1.92% | Mar 3, 2025 | PMAY vs ZMAR |
Other ETFs from Innovator
Most popular Innovator ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Innovator Defined Wealth Shield ETF | Defined Outcome | 86 | -0.13% | Jun 30, 2021 | PMAY vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | PMAY vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | PMAY vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | PMAY vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | PMAY vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | PMAY vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | PMAY vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | PMAY vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | PMAY vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 8.23% | Sep 13, 2018 | PMAY vs BOUT |
Often Compared With PMAY
What investors most often compare with PMAY, based on PortfoliosLab usage data.
Compare PMAY with Any Fund or Stock
Compare PMAY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.