CNAV vs. DMAY

Last updated Apr 16, 2026

CNAV (Mohr Company Nav ETF) and DMAY (FT Cboe Vest U.S. Equity Deep Buffer ETF - May) are both Large Cap Blend Equities funds. CNAV is actively managed, while DMAY is passively managed. Over the past year, CNAV returned 57.23% vs 20.90% for DMAY. A 0.74 correlation means they provide meaningful diversification when combined. CNAV charges 1.31%/yr vs 0.85%/yr for DMAY.

Performance

CNAV vs. DMAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mohr Company Nav ETF (CNAV) 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, CNAV achieves a 12.62% return, which is significantly higher than DMAY's 2.42% return.

CNAV

• 1D: -1.28%
• 1M: 8.74%
• YTD: 12.62%
• 6M: 12.83%
• 1Y: 57.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAY

• 1D: 0.20%
• 1M: 2.30%
• YTD: 2.42%
• 6M: 4.63%
• 1Y: 20.90%
• 3Y*: 12.14%
• 5Y*: 6.91%
• 10Y*: —

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

CNAV vs. DMAY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CNAV Mohr Company Nav ETF	12.62%	16.80%	6.34%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	2.42%	11.05%	2.39%

Correlation

The correlation between CNAV and DMAY is 0.71, 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	0.71
Correlation (All Time) Calculated using the full available price history since Oct 2, 2024	0.74

The correlation between CNAV and DMAY has been stable across timeframes, ranging from 0.71 to 0.74 — a consistent structural relationship.

Return for Risk

CNAV vs. DMAY — Risk / Return Rank

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

CNAV

CNAV Risk / Return Rank: 75
CNAV Sharpe Ratio Rank: 74
CNAV Sortino Ratio Rank: 66
CNAV Omega Ratio Rank: 67
CNAV Calmar Ratio Rank: 80
CNAV Martin Ratio Rank: 87

DMAY

DMAY Risk / Return Rank: 91
DMAY Sharpe Ratio Rank: 85
DMAY Sortino Ratio Rank: 93
DMAY Omega Ratio Rank: 95
DMAY Calmar Ratio Rank: 86
DMAY Martin Ratio Rank: 95

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.

CNAV vs. DMAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mohr Company Nav ETF (CNAV) 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.

	CNAV	DMAY	Difference
Sharpe ratio Return per unit of total volatility	2.56	2.97	-0.40
Sortino ratio Return per unit of downside risk	3.28	4.83	-1.54
Omega ratio Gain probability vs. loss probability	1.44	1.76	-0.33
Calmar ratio Return relative to maximum drawdown	4.58	5.34	-0.76
Martin ratio Return relative to average drawdown	20.41	29.82	-9.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CNAV vs. DMAY - Sharpe Ratio Comparison

The current CNAV Sharpe Ratio is 2.56, which is comparable to the DMAY Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of CNAV 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.

Sharpe Ratios by Period

	CNAV	DMAY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.56	2.97	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	0.85	+0.10

Drawdowns

CNAV vs. DMAY - Drawdown Comparison

The maximum CNAV drawdown since its inception was -30.06%, which is greater than DMAY's maximum drawdown of -13.90%. Use the drawdown chart below to compare losses from any high point for CNAV and DMAY.

Drawdown Indicators

	CNAV	DMAY	Difference
Max Drawdown Largest peak-to-trough decline	-30.06%	-13.90%	-16.16%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	-3.36%	-9.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-13.90%	—
Current Drawdown Current decline from peak	-1.28%	0.00%	-1.28%
Average Drawdown Average peak-to-trough decline	-5.78%	-2.29%	-3.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	0.66%	+2.25%

Volatility

CNAV vs. DMAY - Volatility Comparison

Mohr Company Nav ETF (CNAV) has a higher volatility of 10.90% compared to FT Cboe Vest U.S. Equity Deep Buffer ETF - May (DMAY) at 2.90%. This indicates that CNAV'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

	CNAV	DMAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.90%	2.90%	+8.00%
Volatility (6M) Calculated over the trailing 6-month period	17.83%	4.13%	+13.70%
Volatility (1Y) Calculated over the trailing 1-year period	22.58%	7.18%	+15.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.01%	9.02%	+16.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.01%	8.51%	+17.50%

CNAV vs. DMAY - Expense Ratio Comparison

CNAV has a 1.31% expense ratio, which is higher than DMAY's 0.85% expense ratio.

Dividends

CNAV vs. DMAY - Dividend Comparison

Neither CNAV nor DMAY has paid dividends to shareholders.

Tickers have no history of dividend payments