MAYW vs. MART

Last updated Jun 4, 2026

MAYW (AllianzIM U.S. Large Cap Buffer20 May ETF) and MART (Allianzim U.S. Large Cap Buffer10 Mar ETF) are both Options Trading funds from Allianz. Both are actively managed. Over the past 3 years, MAYW returned 10.99%/yr vs 16.35%/yr for MART. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.74% expense ratio.

Performance

MAYW vs. MART - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AllianzIM U.S. Large Cap Buffer20 May ETF (MAYW) and Allianzim U.S. Large Cap Buffer10 Mar ETF (MART). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MAYW achieves a 3.65% return, which is significantly lower than MART's 8.18% return.

MAYW

• 1D: -0.23%
• 1M: 1.61%
• YTD: 3.65%
• 6M: 4.37%
• 1Y: 9.70%
• 3Y*: 10.99%
• 5Y*: —
• 10Y*: —

MART

• 1D: -0.24%
• 1M: 2.60%
• YTD: 8.18%
• 6M: 9.29%
• 1Y: 19.86%
• 3Y*: 16.35%
• 5Y*: —
• 10Y*: —

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

MAYW vs. MART - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
MAYW AllianzIM U.S. Large Cap Buffer20 May ETF	3.65%	10.24%	12.08%	8.18%
MART Allianzim U.S. Large Cap Buffer10 Mar ETF	8.18%	14.93%	15.60%	12.04%

Correlation

The correlation between MAYW and MART is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since May 2, 2023	0.88

The correlation between MAYW and MART has been stable across timeframes, ranging from 0.85 to 0.88 - a consistent structural relationship.

MAYW vs. MART - Sectors Allocation Comparison

Sectors	MAYW	MART
Technology	36.2%	36.2%
Financial Services	11.9%	11.9%
Communication Services	10.9%	10.9%
Consumer Cyclical	10.1%	10.1%
Healthcare	8.4%	8.4%
Industrials	8.1%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.5%	3.5%
Utilities	2.3%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.8%	1.8%

Return for Risk

MAYW vs. MART — Risk / Return Rank

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

MAYW

MAYW Risk / Return Rank: 94
MAYW Sharpe Ratio Rank: 92
MAYW Sortino Ratio Rank: 95
MAYW Omega Ratio Rank: 95
MAYW Calmar Ratio Rank: 93
MAYW Martin Ratio Rank: 96

MART

MART Risk / Return Rank: 86
MART Sharpe Ratio Rank: 85
MART Sortino Ratio Rank: 90
MART Omega Ratio Rank: 90
MART Calmar Ratio Rank: 75
MART Martin Ratio Rank: 90

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.

MAYW vs. MART - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AllianzIM U.S. Large Cap Buffer20 May ETF (MAYW) and Allianzim U.S. Large Cap Buffer10 Mar ETF (MART). 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.

	MAYW	MART	Difference
Sharpe ratio: Return per unit of total volatility	3.29	2.82	+0.46
Sortino ratio: Return per unit of downside risk	5.12	4.16	+0.95
Omega ratio: Gain probability vs. loss probability	1.72	1.59	+0.13
Calmar ratio: Return relative to maximum drawdown	6.95	3.76	+3.19
Martin ratio: Return relative to average drawdown	36.77	21.14	+15.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MAYW vs. MART - Sharpe Ratio Comparison

The current MAYW Sharpe Ratio is 3.29, which is comparable to the MART Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of MAYW and MART, 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

	MAYW	MART	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.29	2.82	+0.46
Sharpe Ratio (All Time) Calculated using the full available price history	1.71	1.79	-0.08

Drawdowns

MAYW vs. MART - Drawdown Comparison

The maximum MAYW drawdown since its inception was -7.93%, smaller than the maximum MART drawdown of -11.61%. Use the drawdown chart below to compare losses from any high point for MAYW and MART.

Drawdown Indicators

	MAYW	MART	Difference
Max Drawdown Largest peak-to-trough decline	-7.93%	-11.61%	+3.68%
Max Drawdown (1Y) Largest decline over 1 year	-1.40%	-5.30%	+3.90%
Max Drawdown (3Y) Largest decline over 3 years	-7.93%	-11.61%	+3.68%
Current Drawdown Current decline from peak	-0.27%	-0.33%	+0.06%
Average Drawdown Average peak-to-trough decline	-0.41%	-0.90%	+0.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.26%	0.94%	-0.68%

Volatility

MAYW vs. MART - Volatility Comparison

The current volatility for AllianzIM U.S. Large Cap Buffer20 May ETF (MAYW) is 1.03%, while Allianzim U.S. Large Cap Buffer10 Mar ETF (MART) has a volatility of 1.31%. This indicates that MAYW experiences smaller price fluctuations and is considered to be less risky than MART based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MAYW	MART	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.03%	1.31%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	2.20%	5.60%	-3.40%
Volatility (1Y) Calculated over the trailing 1-year period	2.97%	7.07%	-4.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.53%	9.69%	-3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.53%	9.69%	-3.16%

MAYW vs. MART - Expense Ratio Comparison

Both MAYW and MART have an expense ratio of 0.74%.

Dividends

MAYW vs. MART - Dividend Comparison

Neither MAYW nor MART has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both MAYW and MART in my portfolio?

MAYW and MART have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MAYW or MART?

MART has higher volatility (1.31%) compared to MAYW (1.03%). In terms of maximum drawdown, MAYW dropped -7.93% vs MART's -11.61%.

Which ETF is better, MAYW or MART?

On 3-year performance, MART leads with 16.35% vs 10.99% for MAYW. Both ETFs have the same 0.74% expense ratio. On volatility, MAYW has been the lower-risk option at 1.03%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MAYW or MART?

Over the 3-year period, MART has performed better with a 16.35% return vs 10.99%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MAYW or MART?

MAYW and MART have the same expense ratio: 0.74% per year.

Which ETF pays a higher dividend yield, MAYW or MART?

MAYW and MART have nearly identical dividend yields, around 0.00%.

Which has better risk-adjusted returns?

MAYW currently has the higher Sharpe Ratio (3.29 vs 2.82), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.