BLUC vs. FMAY

Last updated Jun 5, 2026

BLUC (Bluemonte Large Cap Core ETF) and FMAY (FT Cboe Vest U.S. Equity Buffer ETF - May) are both Large Cap Blend Equities funds. Their correlation of 0.92 suggests significant overlap in exposure. BLUC charges 0.23%/yr vs 0.85%/yr for FMAY.

Performance

BLUC vs. FMAY - Performance Comparison

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

Returns By Period

In the year-to-date period, BLUC achieves a 10.68% return, which is significantly higher than FMAY's 5.65% return.

BLUC

• 1D: 0.39%
• 1M: 5.04%
• YTD: 10.68%
• 6M: 10.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FMAY

• 1D: 0.25%
• 1M: 1.80%
• YTD: 5.65%
• 6M: 6.55%
• 1Y: 15.55%
• 3Y*: 14.23%
• 5Y*: 9.54%
• 10Y*: —

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

BLUC vs. FMAY - Yearly Performance Comparison

	2026 (YTD)	2025
BLUC Bluemonte Large Cap Core ETF	10.68%	14.03%
FMAY FT Cboe Vest U.S. Equity Buffer ETF - May	5.65%	8.79%

Correlation

The correlation between BLUC and FMAY is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 24, 2025	0.92

BLUC vs. FMAY - Sectors Allocation Comparison

Sectors	BLUC	FMAY
Technology	40.6%	36.2%
Communication Services	12.5%	10.9%
Consumer Cyclical	10.7%	10.1%
Financial Services	9.8%	11.9%
Healthcare	7.7%	8.4%
Industrials	7.3%	8.1%
Consumer Defensive	4.0%	4.9%
Energy	2.7%	3.5%
Utilities	1.7%	2.3%
Real Estate	1.6%	1.9%
Basic Materials	1.5%	1.8%

Return for Risk

BLUC vs. FMAY — Risk / Return Rank

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

FMAY

FMAY Risk / Return Rank: 84
FMAY Sharpe Ratio Rank: 81
FMAY Sortino Ratio Rank: 86
FMAY Omega Ratio Rank: 88
FMAY Calmar Ratio Rank: 75
FMAY Martin Ratio Rank: 91

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.

BLUC vs. FMAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bluemonte Large Cap Core ETF (BLUC) and FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BLUC	FMAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.59	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.15	1.03	+1.12

Drawdowns

BLUC vs. FMAY - Drawdown Comparison

The maximum BLUC drawdown since its inception was -10.69%, smaller than the maximum FMAY drawdown of -13.60%. Use the drawdown chart below to compare losses from any high point for BLUC and FMAY.

Drawdown Indicators

	BLUC	FMAY	Difference
Max Drawdown Largest peak-to-trough decline	-10.69%	-13.60%	+2.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.22%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.60%	—
Current Drawdown Current decline from peak	-1.05%	-0.13%	-0.92%
Average Drawdown Average peak-to-trough decline	-1.52%	-2.01%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.72%	—

Volatility

Volatility by Period

	BLUC	FMAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.03%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	12.98%	6.04%	+6.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.98%	10.59%	+2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.98%	10.14%	+2.84%

BLUC vs. FMAY - Expense Ratio Comparison

BLUC has a 0.23% expense ratio, which is lower than FMAY's 0.85% expense ratio.

Dividends

BLUC vs. FMAY - Dividend Comparison

BLUC's dividend yield for the trailing twelve months is around 0.51%, while FMAY has not paid dividends to shareholders.

Position	TTM	2025
BLUC Bluemonte Large Cap Core ETF	0.51%	0.46%
FMAY FT Cboe Vest U.S. Equity Buffer ETF - May	0.00%	0.00%

Frequently Asked Questions

Can I hold both BLUC and FMAY in my portfolio?

With a correlation of 0.92, BLUC and FMAY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BLUC or FMAY?

On fees, BLUC is cheaper at 0.23% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BLUC or FMAY?

BLUC is cheaper with a 0.23% expense ratio, compared with 0.85% for FMAY.

Which ETF pays a higher dividend yield, BLUC or FMAY?

BLUC has the higher dividend yield at 0.51%, compared with 0.00% for FMAY.

What is the main difference between BLUC and FMAY?

They also come from different issuers: Bluemonte and First Trust. Their fees differ too: 0.23% for BLUC and 0.85% for FMAY.