BEEZ vs. DMAY
BEEZ (Honeytree U.S. Equity ETF) and DMAY (FT Cboe Vest U.S. Equity Deep Buffer ETF - May) are both exchange-traded funds - BEEZ is a Large Cap Blend Equities fund actively managed by Honeytree, while DMAY is a Defined Outcome fund tracking the Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index. BEEZ is actively managed, while DMAY is passively managed. Over the past year, BEEZ returned 6.75% vs 10.40% for DMAY. Their 0.70 correlation means they have sometimes moved together and sometimes differently. BEEZ charges 0.64%/yr vs 0.85%/yr for DMAY.
Performance
BEEZ vs. DMAY - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with BEEZ having a 4.88% return and DMAY slightly higher at 5.12%.
BEEZ
- 1D
- 0.10%
- 1M
- 1.37%
- 6M
- 2.94%
- YTD
- 4.88%
- 1Y
- 6.75%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.99%
DMAY
- 1D
- 0.62%
- 1M
- 1.03%
- 6M
- 4.28%
- YTD
- 5.12%
- 1Y
- 10.40%
- 3Y*
- 11.43%
- 5Y*
- 6.99%
- 10Y*
- —
- ALL TIME*
- 7.26%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $15.43K | $11.58K | $6.77K | |
| $397.29K | $467.24K | $1.84M |
BEEZ vs. DMAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BEEZ Honeytree U.S. Equity ETF | 4.88% | 5.65% | 10.41% | 14.04% |
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 5.12% | 11.05% | 12.82% | 4.96% |
Correlation
The correlation between BEEZ and DMAY is 0.60, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.60 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2023 | 0.70 |
The correlation between BEEZ and DMAY has been stable across timeframes, ranging from 0.60 to 0.70 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BEEZ vs. DMAY — Risk / Return Rank
BEEZ
DMAY
BEEZ vs. DMAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Honeytree U.S. Equity ETF (BEEZ) 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.
| BEEZ | DMAY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.50 | ||
| Sortino ratioReturn per unit of downside risk | -2.14 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.40 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 0.67 | 3.13 | -2.46 |
| Martin ratioReturn relative to average drawdown | 1.91 | 15.85 | -13.93 |
Loading charts...
Drawdowns
BEEZ vs. DMAY - Drawdown Comparison
The maximum BEEZ drawdown since its inception was -18.62%, which is greater than DMAY's maximum drawdown of -13.90%. Use the drawdown chart below to compare losses from any high point for BEEZ and DMAY.
Loading charts...
Drawdown Indicators
| BEEZ | DMAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.62% | -13.90% | -4.72% |
Max Drawdown (1Y)Largest decline over 1 year | -8.41% | -3.36% | -5.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -12.38% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.90% | — |
Current DrawdownCurrent decline from peak | -0.30% | 0.00% | -0.30% |
Average DrawdownAverage peak-to-trough decline | -2.79% | -2.20% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 0.66% | +2.28% |
Volatility
BEEZ vs. DMAY - Volatility Comparison
Honeytree U.S. Equity ETF (BEEZ) has a higher volatility of 4.52% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY) at 1.97%. This indicates that BEEZ'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.
Loading charts...
Volatility by Period
| BEEZ | DMAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 1.97% | +2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 10.41% | 4.79% | +5.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.61% | 5.51% | +8.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.06% | 9.11% | +5.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.06% | 8.41% | +6.65% |
BEEZ vs. DMAY - Expense Ratio Comparison
BEEZ has a 0.64% expense ratio, which is lower than DMAY's 0.85% expense ratio.
Dividends
BEEZ vs. DMAY - Dividend Comparison
BEEZ's dividend yield for the trailing twelve months is around 0.53%, while DMAY has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BEEZ Honeytree U.S. Equity ETF | 0.53% | 0.56% | 0.61% | 0.19% |
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BEEZ and DMAY have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BEEZ has higher volatility (4.52%) compared to DMAY (1.97%). In terms of maximum drawdown, BEEZ dropped -18.62% vs DMAY's -13.90%.
On 1-year performance, DMAY leads with 10.40% vs 6.75% for BEEZ. On fees, BEEZ is cheaper at 0.64% per year. On volatility, DMAY has been the lower-risk option at 1.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DMAY has performed better with a 10.40% return vs 6.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BEEZ is cheaper with a 0.64% expense ratio, compared with 0.85% for DMAY.
BEEZ has the higher dividend yield at 0.53%, compared with 0.00% for DMAY.
BEEZ is categorized as Large Cap Blend Equities, while DMAY is Defined Outcome. They also come from different issuers: Honeytree and First Trust. Their fees differ too: 0.64% for BEEZ and 0.85% for DMAY.
DMAY currently has the higher Sharpe Ratio (1.92 vs 0.41), 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.
Find the right allocation for BEEZ and DMAY
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer