BRCE vs. DMAY

Last updated Jun 5, 2026

BRCE (MFS Blended Research Core Equity ETF) and DMAY (FT Cboe Vest U.S. Equity Deep Buffer ETF - May) are both Large Cap Blend Equities funds. BRCE is actively managed, while DMAY is passively managed. Their correlation of 0.89 suggests significant overlap in exposure. BRCE charges 0.24%/yr vs 0.85%/yr for DMAY.

Performance

BRCE vs. DMAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MFS Blended Research Core Equity ETF (BRCE) 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, BRCE achieves a 12.37% return, which is significantly higher than DMAY's 4.64% return.

BRCE

• 1D: 0.46%
• 1M: 4.31%
• YTD: 12.37%
• 6M: 12.96%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAY

• 1D: 0.21%
• 1M: 1.46%
• YTD: 4.64%
• 6M: 5.44%
• 1Y: 12.58%
• 3Y*: 12.08%
• 5Y*: 7.21%
• 10Y*: —

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

BRCE vs. DMAY - Yearly Performance Comparison

	2026 (YTD)	2025
BRCE MFS Blended Research Core Equity ETF	12.37%	2.68%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	4.64%	1.96%

Correlation

The correlation between BRCE and DMAY is 0.89, 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 Oct 23, 2025	0.89

Return for Risk

BRCE vs. DMAY — Risk / Return Rank

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

DMAY

DMAY Risk / Return Rank: 87
DMAY Sharpe Ratio Rank: 84
DMAY Sortino Ratio Rank: 89
DMAY Omega Ratio Rank: 92
DMAY Calmar Ratio Rank: 76
DMAY Martin Ratio Rank: 92

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.

BRCE vs. DMAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MFS Blended Research Core Equity ETF (BRCE) 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.

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

Sharpe Ratios by Period

	BRCE	DMAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.70	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	0.88	+1.00

Drawdowns

BRCE vs. DMAY - Drawdown Comparison

The maximum BRCE drawdown since its inception was -8.77%, smaller than the maximum DMAY drawdown of -13.90%. Use the drawdown chart below to compare losses from any high point for BRCE and DMAY.

Drawdown Indicators

	BRCE	DMAY	Difference
Max Drawdown Largest peak-to-trough decline	-8.77%	-13.90%	+5.13%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.36%	—
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	-0.39%	-0.08%	-0.31%
Average Drawdown Average peak-to-trough decline	-1.55%	-2.24%	+0.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.55%	—

Volatility

Volatility by Period

	BRCE	DMAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.85%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.74%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	4.73%	+9.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.11%	9.02%	+5.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.11%	8.42%	+5.69%

BRCE vs. DMAY - Expense Ratio Comparison

BRCE has a 0.24% expense ratio, which is lower than DMAY's 0.85% expense ratio.

Dividends

BRCE vs. DMAY - Dividend Comparison

BRCE's dividend yield for the trailing twelve months is around 0.34%, while DMAY has not paid dividends to shareholders.

Position	TTM	2025
BRCE MFS Blended Research Core Equity ETF	0.34%	0.19%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	0.00%	0.00%

Frequently Asked Questions

Can I hold both BRCE and DMAY in my portfolio?

BRCE and DMAY have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BRCE or DMAY?

On fees, BRCE is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRCE or DMAY?

BRCE is cheaper with a 0.24% expense ratio, compared with 0.85% for DMAY.

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

BRCE has the higher dividend yield at 0.34%, compared with 0.00% for DMAY.

What is the main difference between BRCE and DMAY?

They also come from different issuers: MFS and First Trust. Their fees differ too: 0.24% for BRCE and 0.85% for DMAY.