Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) Alternatives
Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) 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 ZMAY. 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 ZMAY
ZMAY charges 0.79% annually. Among ETFs in the Defined Outcome category, these options have the lowest expense ratios among ZMAY alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Fidelity Dynamic Buffered Equity ETF | 0.48% | Apr 9, 2024 | ZMAY vs FBUF | |
| iShares Large Cap Max Buffer Sep ETF | 0.50% | Sep 30, 2024 | ZMAY vs SMAX | |
| iShares Large Cap Max Buffer December ETF | 0.50% | Dec 31, 2024 | ZMAY vs DMAX | |
| iShares Large Cap Max Buffer Mar ETF | 0.50% | Mar 31, 2025 | ZMAY vs MMAX | |
| PGIM Laddered S&P 500 Buffer 20 ETF | 0.50% | Jun 11, 2024 | ZMAY vs PBFR |
Best Risk-Adjusted Alternatives to ZMAY
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 | ZMAY vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 97 | Feb 3, 2025 | ZMAY vs ZFEB | |
| iShares Large Cap Max Buffer December ETF | 96 | Dec 31, 2024 | ZMAY vs DMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | 96 | Mar 3, 2025 | ZMAY vs ZMAR | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | 95 | Dec 31, 2024 | ZMAY vs ZJAN |
Top Performing ZMAY Alternatives (YTD)
ZMAY 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 | ZMAY vs KAPR | |
| Innovator International Developed Power Buffer ETF... | 2.69% | Mar 31, 2021 | ZMAY vs IAPR | |
| FT Vest U.S. Equity Buffer ETF - March | 2.16% | Mar 19, 2021 | ZMAY vs FMAR | |
| Innovator U.S. Equity Buffer ETF - April | 2.08% | Mar 29, 2019 | ZMAY vs BAPR | |
| Pacer Swan SOS Moderate (April) ETF | 1.94% | Mar 31, 2021 | ZMAY vs PSMR |
Lowest Volatility Alternatives to ZMAY
ZMAY 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 Jun... | 1.91% | May 30, 2025 | ZMAY vs ZJUN | |
| AllianzIM U.S. Equity Buffer100 Protection ETF | 1.99% | Jun 30, 2025 | ZMAY vs AIOO | |
| iShares Large Cap Max Buffer Mar ETF | 2.61% | Mar 31, 2025 | ZMAY vs MMAX | |
| Innovator Equity Defined Protection ETF - 1 Yr Apr... | 2.62% | Apr 1, 2025 | ZMAY vs ZAPR | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | 2.87% | Feb 3, 2025 | ZMAY vs ZFEB |
Lowest Drawdown Alternatives to ZMAY
ZMAY 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 | ZMAY vs ZDEK | |
| Innovator Equity Defined Protection ETF - 1 Yr Feb... | -1.73% | Feb 3, 2025 | ZMAY vs ZFEB | |
| Innovator Equity Defined Protection ETF - 1 Yr Jan... | -1.87% | Dec 31, 2024 | ZMAY vs ZJAN | |
| Innovator Equity Defined Protection ETF - 1 Yr Oct... | -1.91% | Oct 1, 2024 | ZMAY vs ZOCT | |
| Innovator Equity Defined Protection ETF - 1 Yr Mar... | -1.92% | Mar 3, 2025 | ZMAY 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 | ZMAY vs BALT | |
| Innovator IBD 50 ETF | Large Cap Growth Equities | 41 | -4.02% | Apr 9, 2015 | ZMAY vs FFTY | |
| Innovator Laddered Allocation Power Buffer ETF | Defined Outcome | 77 | -0.90% | Oct 20, 2016 | ZMAY vs BUFF | |
| Innovator Deepwater Frontier Tech ETF | Technology Equities | 80 | -9.90% | Jul 24, 2018 | ZMAY vs LOUP | |
| Innovator Equity Managed Floor ETF | Options Trading | 72 | -3.85% | Nov 8, 2022 | ZMAY vs SFLR | |
| Innovator U.S. Equity Power Buffer ETF - January | Defined Outcome | 71 | -1.89% | Jan 2, 2019 | ZMAY vs PJAN | |
| Innovator U.S. Equity Power Buffer ETF - July | Defined Outcome | 84 | -1.00% | Aug 7, 2018 | ZMAY vs PJUL | |
| Innovator U.S. Equity Power Buffer ETF October | Defined Outcome | 68 | -1.84% | Sep 28, 2018 | ZMAY vs POCT | |
| Innovator U.S. Equity Ultra Buffer ETF - August | Defined Outcome | 83 | -1.44% | Jul 31, 2019 | ZMAY vs UAUG | |
| Innovator IBD Breakout Opportunities ETF | Mid Cap Growth Equities | 25 | 8.23% | Sep 13, 2018 | ZMAY vs BOUT |
Often Compared With ZMAY
What investors most often compare with ZMAY, based on PortfoliosLab usage data.
Compare ZMAY with Any Fund or Stock
Compare ZMAY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.