BCUS vs. DMAY

Last updated Jun 24, 2026

BCUS (Bancreek U.S. Large Cap ETF) and DMAY (FT Cboe Vest U.S. Equity Deep Buffer ETF - May) are both Large Cap Blend Equities funds. BCUS is actively managed, while DMAY is passively managed. Over the past year, BCUS returned 19.44% vs 10.73% for DMAY. A 0.78 correlation means they provide meaningful diversification when combined. BCUS charges 0.70%/yr vs 0.85%/yr for DMAY.

Performance

BCUS vs. DMAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bancreek U.S. Large Cap ETF (BCUS) and FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BCUS achieves a 13.90% return, which is significantly higher than DMAY's 3.36% return.

BCUS

• 1D: -1.59%
• 1M: 4.80%
• YTD: 13.90%
• 6M: 12.99%
• 1Y: 19.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAY

• 1D: -0.56%
• 1M: -0.40%
• YTD: 3.36%
• 6M: 3.37%
• 1Y: 10.73%
• 3Y*: 11.27%
• 5Y*: 6.78%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BCUS vs. DMAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BCUS Bancreek U.S. Large Cap ETF	13.90%	6.56%	21.22%	0.72%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	3.36%	11.05%	12.82%	0.76%

Correlation

The correlation between BCUS and DMAY is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.76
Correlation (All Time) Calculated using the full available price history since Dec 21, 2023	0.78

The correlation between BCUS and DMAY has been stable across timeframes, ranging from 0.76 to 0.78 - a consistent structural relationship.

BCUS vs. DMAY - Sectors Allocation Comparison

Sectors	BCUS	DMAY
Technology	24.2%	39.0%
Industrials	18.6%	7.8%
Consumer Cyclical	12.6%	9.9%
Communication Services	12.1%	10.6%
Financial Services	9.0%	11.1%
Basic Materials	8.4%	1.7%
Utilities	5.5%	2.1%
Energy	3.6%	3.1%
Consumer Defensive	3.0%	4.5%
Healthcare	3.0%	8.3%
Real Estate	-	1.8%

Return for Risk

BCUS vs. DMAY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BCUS

BCUS Risk / Return Rank: 43
BCUS Sharpe Ratio Rank: 39
BCUS Sortino Ratio Rank: 41
BCUS Omega Ratio Rank: 39
BCUS Calmar Ratio Rank: 43
BCUS Martin Ratio Rank: 50

DMAY

DMAY Risk / Return Rank: 78
DMAY Sharpe Ratio Rank: 73
DMAY Sortino Ratio Rank: 77
DMAY Omega Ratio Rank: 85
DMAY Calmar Ratio Rank: 69
DMAY Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BCUS vs. DMAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bancreek U.S. Large Cap ETF (BCUS) and FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BCUS	DMAY	Difference
Sharpe ratio: Return per unit of total volatility	1.28	2.14	-0.86
Sortino ratio: Return per unit of downside risk	1.96	3.13	-1.17
Omega ratio: Gain probability vs. loss probability	1.24	1.47	-0.23
Calmar ratio: Return relative to maximum drawdown	1.99	3.23	-1.24
Martin ratio: Return relative to average drawdown	7.80	18.05	-10.25

BCUS vs. DMAY - Sharpe Ratio Comparison

The current BCUS Sharpe Ratio is 1.28, which is lower than the DMAY Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of BCUS and DMAY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BCUS vs. DMAY - Drawdown Comparison

The maximum BCUS drawdown since its inception was -18.14%, which is greater than DMAY's maximum drawdown of -13.90%. Use the drawdown chart below to compare losses from any high point for BCUS and DMAY.

Drawdown Indicators

	BCUS	DMAY	Difference
Max Drawdown Largest peak-to-trough decline	-18.14%	-13.90%	-4.24%
Max Drawdown (1Y) Largest decline over 1 year	-9.81%	-3.36%	-6.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-12.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.90%	—
Current Drawdown Current decline from peak	-1.59%	-1.31%	-0.28%
Average Drawdown Average peak-to-trough decline	-2.88%	-2.23%	-0.65%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.50%	0.60%	+1.90%

Volatility

BCUS vs. DMAY - Volatility Comparison

Bancreek U.S. Large Cap ETF (BCUS) has a higher volatility of 6.47% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY) at 2.26%. This indicates that BCUS's price experiences larger fluctuations and is considered to be riskier than DMAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BCUS	DMAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.47%	2.26%	+4.21%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	4.30%	+9.04%
Volatility (1Y) Calculated over the trailing 1-year period	15.30%	5.09%	+10.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.46%	9.07%	+7.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.46%	8.43%	+8.03%

BCUS vs. DMAY - Expense Ratio Comparison

BCUS has a 0.70% expense ratio, which is lower than DMAY's 0.85% expense ratio.

Dividends

BCUS vs. DMAY - Dividend Comparison

BCUS's dividend yield for the trailing twelve months is around 0.31%, while DMAY has not paid dividends to shareholders.

Position	TTM	2025	2024
BCUS Bancreek U.S. Large Cap ETF	0.31%	0.49%	0.23%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BCUS and DMAY in my portfolio?

BCUS and DMAY have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BCUS or DMAY?

BCUS has higher volatility (6.47%) compared to DMAY (2.26%). In terms of maximum drawdown, BCUS dropped -18.14% vs DMAY's -13.90%.

Which ETF is better, BCUS or DMAY?

On 1-year performance, BCUS leads with 19.44% vs 10.73% for DMAY. On fees, BCUS is cheaper at 0.70% per year. On volatility, DMAY has been the lower-risk option at 2.26%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BCUS or DMAY?

Over the 1-year period, BCUS has performed better with a 19.44% return vs 10.73%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BCUS or DMAY?

BCUS is cheaper with a 0.70% expense ratio, compared with 0.85% for DMAY.

Which ETF pays a higher dividend yield, BCUS or DMAY?

BCUS has the higher dividend yield at 0.31%, compared with 0.00% for DMAY.

What is the main difference between BCUS and DMAY?

They also come from different issuers: Bancreek and First Trust. Their fees differ too: 0.70% for BCUS and 0.85% for DMAY.

Which has better risk-adjusted returns?

DMAY currently has the higher Sharpe Ratio (2.14 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.