MAYZ vs. APRB
MAYZ (TrueShares Structured Outcome (May) ETF) and APRB (Aptus April Buffer ETF) are both Defined Outcome funds. MAYZ is passively managed, while APRB is actively managed. Their correlation of 0.94 suggests significant overlap in exposure. MAYZ charges 0.79%/yr vs 0.25%/yr for APRB.
Performance
MAYZ vs. APRB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MAYZ achieves a 8.56% return, which is significantly higher than APRB's 4.77% return.
MAYZ
- 1D
- -0.45%
- 1M
- 4.24%
- YTD
- 8.56%
- 6M
- 8.43%
- 1Y
- 21.69%
- 3Y*
- 16.62%
- 5Y*
- 9.61%
- 10Y*
- —
APRB
- 1D
- -0.11%
- 1M
- 1.69%
- YTD
- 4.77%
- 6M
- 5.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MAYZ vs. APRB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MAYZ TrueShares Structured Outcome (May) ETF | 8.56% | 2.43% |
APRB Aptus April Buffer ETF | 4.77% | 2.48% |
Correlation
The correlation between MAYZ and APRB is 0.94, 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 15, 2025 | 0.94 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
MAYZ vs. APRB — Risk / Return Rank
MAYZ
APRB
MAYZ vs. APRB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (May) ETF (MAYZ) and Aptus April Buffer ETF (APRB). 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.
| MAYZ | APRB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.38 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.49 | — | — |
| Martin ratioReturn relative to average drawdown | 11.30 | — | — |
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 charts...
Sharpe Ratios by Period
| MAYZ | APRB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.10 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 2.00 | -1.20 |
Drawdowns
MAYZ vs. APRB - Drawdown Comparison
The maximum MAYZ drawdown since its inception was -19.23%, which is greater than APRB's maximum drawdown of -4.59%. Use the drawdown chart below to compare losses from any high point for MAYZ and APRB.
Loading charts...
Drawdown Indicators
| MAYZ | APRB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.23% | -4.59% | -14.64% |
Max Drawdown (1Y)Largest decline over 1 year | -8.73% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -13.88% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -19.23% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -0.11% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -4.77% | -0.74% | -4.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.92% | — | — |
Volatility
MAYZ vs. APRB - Volatility Comparison
Loading charts...
Volatility by Period
| MAYZ | APRB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.38% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 8.28% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 10.37% | 5.98% | +4.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.07% | 5.98% | +6.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.04% | 5.98% | +6.06% |
MAYZ vs. APRB - Expense Ratio Comparison
MAYZ has a 0.79% expense ratio, which is higher than APRB's 0.25% expense ratio.
Dividends
MAYZ vs. APRB - Dividend Comparison
MAYZ's dividend yield for the trailing twelve months is around 1.98%, while APRB has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
APRB Aptus April Buffer ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MAYZ TrueShares Structured Outcome (May) ETF | 1.98% | 2.15% | 1.95% | 2.75% | 0.69% | 1.90% |
Frequently Asked Questions
With a correlation of 0.94, MAYZ and APRB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, APRB is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.
APRB is cheaper with a 0.25% expense ratio, compared with 0.79% for MAYZ.
MAYZ has the higher dividend yield at 1.98%, compared with 0.00% for APRB.
They also come from different issuers: TrueShares and Aptus Capital Advisors. Their fees differ too: 0.79% for MAYZ and 0.25% for APRB.
Find the right allocation for MAYZ and APRB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer