MAYP vs. UXJL

Last updated Jun 4, 2026

MAYP (PGIM S&P 500 Buffer 12 ETF - May) and UXJL (FT Vest U.S. Equity Uncapped Accelerator ETF - July) are both Defined Outcome funds. Both are actively managed. Their correlation of 0.87 suggests significant overlap in exposure. MAYP charges 0.50%/yr vs 0.85%/yr for UXJL.

Performance

MAYP vs. UXJL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PGIM S&P 500 Buffer 12 ETF - May (MAYP) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAYP achieves a 5.01% return, which is significantly lower than UXJL's 11.78% return.

MAYP

• 1D: -0.29%
• 1M: 2.55%
• YTD: 5.01%
• 6M: 5.93%
• 1Y: 13.30%
• 3Y*: —
• 5Y*: —
• 10Y*: —

UXJL

• 1D: -0.76%
• 1M: 6.02%
• YTD: 11.78%
• 6M: 11.50%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MAYP vs. UXJL - Yearly Performance Comparison

	2026 (YTD)	2025
MAYP PGIM S&P 500 Buffer 12 ETF - May	5.01%	4.79%
UXJL FT Vest U.S. Equity Uncapped Accelerator ETF - July	11.78%	9.31%

Correlation

The correlation between MAYP and UXJL is 0.87, 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 Jul 22, 2025	0.87

Return for Risk

MAYP vs. UXJL — Risk / Return Rank

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

MAYP

MAYP Risk / Return Rank: 93
MAYP Sharpe Ratio Rank: 89
MAYP Sortino Ratio Rank: 93
MAYP Omega Ratio Rank: 94
MAYP Calmar Ratio Rank: 92
MAYP Martin Ratio Rank: 96

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.

MAYP vs. UXJL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PGIM S&P 500 Buffer 12 ETF - May (MAYP) and FT Vest U.S. Equity Uncapped Accelerator ETF - July (UXJL). 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.

	MAYP	UXJL	Difference
Sharpe ratio: Return per unit of total volatility	2.96	—	—
Sortino ratio: Return per unit of downside risk	4.55	—	—
Omega ratio: Gain probability vs. loss probability	1.68	—	—
Calmar ratio: Return relative to maximum drawdown	6.34	—	—
Martin ratio: Return relative to average drawdown	36.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MAYP	UXJL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.46	1.87	-0.41

Drawdowns

MAYP vs. UXJL - Drawdown Comparison

The maximum MAYP drawdown since its inception was -11.06%, which is greater than UXJL's maximum drawdown of -10.29%. Use the drawdown chart below to compare losses from any high point for MAYP and UXJL.

Drawdown Indicators

	MAYP	UXJL	Difference
Max Drawdown Largest peak-to-trough decline	-11.06%	-10.29%	-0.77%
Max Drawdown (1Y) Largest decline over 1 year	-2.11%	—	—
Current Drawdown Current decline from peak	-0.29%	-0.76%	+0.47%
Average Drawdown Average peak-to-trough decline	-0.65%	-1.51%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	—	—

Volatility

Volatility by Period

	MAYP	UXJL	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.51%	13.90%	-9.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.25%	13.90%	-4.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.25%	13.90%	-4.65%

MAYP vs. UXJL - Expense Ratio Comparison

MAYP has a 0.50% expense ratio, which is lower than UXJL's 0.85% expense ratio.

Dividends

MAYP vs. UXJL - Dividend Comparison

Neither MAYP nor UXJL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MAYP and UXJL in my portfolio?

MAYP and UXJL have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MAYP or UXJL?

On fees, MAYP is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MAYP or UXJL?

MAYP is cheaper with a 0.50% expense ratio, compared with 0.85% for UXJL.

Which ETF pays a higher dividend yield, MAYP or UXJL?

MAYP and UXJL have nearly identical dividend yields, around 0.00%.

What is the main difference between MAYP and UXJL?

They also come from different issuers: PGIM and First Trust. Their fees differ too: 0.50% for MAYP and 0.85% for UXJL.