RAUS vs. DMAY

Last updated Jun 23, 2026

RAUS (RACWI US ETF) and DMAY (FT Cboe Vest U.S. Equity Deep Buffer ETF - May) are both Large Cap Blend Equities funds - RAUS tracks the RACWI US Index while DMAY tracks the Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index. Both are passively managed. Their correlation of 0.92 suggests significant overlap in exposure. RAUS charges 0.00%/yr vs 0.85%/yr for DMAY.

Performance

RAUS vs. DMAY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RACWI US ETF (RAUS) 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, RAUS achieves a 10.55% return, which is significantly higher than DMAY's 3.95% return.

RAUS

• 1D: -0.46%
• 1M: 0.24%
• YTD: 10.55%
• 6M: 10.25%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DMAY

• 1D: -0.19%
• 1M: 0.16%
• YTD: 3.95%
• 6M: 4.08%
• 1Y: 11.84%
• 3Y*: 11.48%
• 5Y*: 6.98%
• 10Y*: —

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

RAUS vs. DMAY - Yearly Performance Comparison

	2026 (YTD)	2025
RAUS RACWI US ETF	10.55%	4.77%
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	3.95%	2.61%

Correlation

The correlation between RAUS and DMAY is 0.92, 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 Sep 12, 2025	0.92

Return for Risk

RAUS vs. DMAY — Risk / Return Rank

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

RAUS

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

DMAY

DMAY Risk / Return Rank: 82
DMAY Sharpe Ratio Rank: 77
DMAY Sortino Ratio Rank: 82
DMAY Omega Ratio Rank: 88
DMAY Calmar Ratio Rank: 73
DMAY 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.

RAUS vs. DMAY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RACWI US ETF (RAUS) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	RAUS	DMAY	Difference
Sharpe ratio: Return per unit of total volatility	—	2.37	—
Sortino ratio: Return per unit of downside risk	—	3.49	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	3.57	—
Martin ratio: Return relative to average drawdown	—	20.12	—

Drawdowns

RAUS vs. DMAY - Drawdown Comparison

The maximum RAUS drawdown since its inception was -8.63%, smaller than the maximum DMAY drawdown of -13.90%. Use the drawdown chart below to compare losses from any high point for RAUS and DMAY.

Drawdown Indicators

	RAUS	DMAY	Difference
Max Drawdown Largest peak-to-trough decline	-8.63%	-13.90%	+5.27%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.36%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.90%	—
Current Drawdown Current decline from peak	-1.52%	-0.75%	-0.77%
Average Drawdown Average peak-to-trough decline	-1.31%	-2.23%	+0.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.59%	—

Volatility

Volatility by Period

	RAUS	DMAY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.19%	—
Volatility (6M) Calculated over the trailing 6-month period	—	4.26%	—
Volatility (1Y) Calculated over the trailing 1-year period	13.08%	5.06%	+8.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.08%	9.06%	+4.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.08%	8.43%	+4.65%

RAUS vs. DMAY - Expense Ratio Comparison

RAUS has a 0.00% expense ratio, which is lower than DMAY's 0.85% expense ratio.

Dividends

RAUS vs. DMAY - Dividend Comparison

RAUS's dividend yield for the trailing twelve months is around 0.23%, while DMAY has not paid dividends to shareholders.

Position	TTM	2025
DMAY FT Cboe Vest U.S. Equity Deep Buffer ETF - May	0.00%	0.00%
RAUS RACWI US ETF	0.23%	0.25%

Frequently Asked Questions

Can I hold both RAUS and DMAY in my portfolio?

With a correlation of 0.92, RAUS and DMAY 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.

Which ETF is better, RAUS or DMAY?

On fees, RAUS is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RAUS or DMAY?

RAUS is cheaper with a 0.00% expense ratio, compared with 0.85% for DMAY.

Which ETF pays a higher dividend yield, RAUS or DMAY?

RAUS has the higher dividend yield at 0.23%, compared with 0.00% for DMAY.

What is the main difference between RAUS and DMAY?

RAUS tracks RACWI US Index, while DMAY tracks Cboe S&P 500 30% (-5% to -35%) Buffer Protect May Series Index. They also come from different issuers: RAFI Indices and First Trust. Their fees differ too: 0.00% for RAUS and 0.85% for DMAY.