FMAY vs. TOLZ
Compare and contrast key facts about FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ).
FMAY and TOLZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FMAY is a passively managed fund by First Trust that tracks the performance of the Cboe S&P 500 Buffer Protect Index May Series. It was launched on May 15, 2020. TOLZ is a passively managed fund by ProShares that tracks the performance of the Dow Jones Brookfield Global Infrastructure Composite Index. It was launched on Mar 25, 2014. Both FMAY and TOLZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FMAY vs. TOLZ - Performance Comparison
Loading graphics...
FMAY vs. TOLZ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FMAY FT Cboe Vest U.S. Equity Buffer ETF - May | -0.64% | 12.69% | 14.45% | 17.83% | -8.08% | 11.00% | 10.91% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 11.35% | 14.76% | 11.67% | 6.18% | -4.25% | 20.47% | 8.06% |
Returns By Period
In the year-to-date period, FMAY achieves a -0.64% return, which is significantly lower than TOLZ's 11.35% return.
FMAY
- 1D
- 0.59%
- 1M
- -1.45%
- YTD
- -0.64%
- 6M
- 1.57%
- 1Y
- 14.82%
- 3Y*
- 12.98%
- 5Y*
- 8.55%
- 10Y*
- —
TOLZ
- 1D
- 0.07%
- 1M
- -3.09%
- YTD
- 11.35%
- 6M
- 12.56%
- 1Y
- 18.17%
- 3Y*
- 13.83%
- 5Y*
- 10.33%
- 10Y*
- 8.42%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMAY vs. TOLZ - Expense Ratio Comparison
FMAY has a 0.85% expense ratio, which is higher than TOLZ's 0.46% expense ratio.
Return for Risk
FMAY vs. TOLZ — Risk / Return Rank
FMAY
TOLZ
FMAY vs. TOLZ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ). 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.
| FMAY | TOLZ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.27 | 1.41 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.95 | 1.90 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.27 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.12 | -0.43 |
Martin ratioReturn relative to average drawdown | 9.82 | 10.39 | -0.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FMAY | TOLZ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 1.41 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.75 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.52 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.93 | 0.42 | +0.52 |
Correlation
The correlation between FMAY and TOLZ is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FMAY vs. TOLZ - Dividend Comparison
FMAY has not paid dividends to shareholders, while TOLZ's dividend yield for the trailing twelve months is around 3.66%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMAY FT Cboe Vest U.S. Equity Buffer ETF - May | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TOLZ ProShares DJ Brookfield Global Infrastructure ETF | 3.66% | 3.99% | 3.53% | 3.34% | 3.01% | 3.28% | 3.16% | 2.96% | 3.63% | 3.30% | 2.62% | 3.67% |
Drawdowns
FMAY vs. TOLZ - Drawdown Comparison
The maximum FMAY drawdown since its inception was -13.60%, smaller than the maximum TOLZ drawdown of -39.33%. Use the drawdown chart below to compare losses from any high point for FMAY and TOLZ.
Loading graphics...
Drawdown Indicators
| FMAY | TOLZ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.60% | -39.33% | +25.73% |
Max Drawdown (1Y)Largest decline over 1 year | -8.88% | -8.82% | -0.06% |
Max Drawdown (5Y)Largest decline over 5 years | -13.60% | -21.85% | +8.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.33% | — |
Current DrawdownCurrent decline from peak | -1.77% | -3.09% | +1.32% |
Average DrawdownAverage peak-to-trough decline | -2.06% | -6.70% | +4.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 1.80% | -0.27% |
Volatility
FMAY vs. TOLZ - Volatility Comparison
FT Cboe Vest U.S. Equity Buffer ETF - May (FMAY) and ProShares DJ Brookfield Global Infrastructure ETF (TOLZ) have volatilities of 3.53% and 3.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FMAY | TOLZ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.53% | 3.40% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 4.84% | 7.28% | -2.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.68% | 12.97% | -1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.56% | 13.90% | -3.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.26% | 16.30% | -6.04% |